Choosing the right financial year end (FYE) for your Singapore company matters more than most directors realise. The FYE determines your deadlines for the Annual General Meeting, Annual Return filing, corporate tax, and financial statements — and it affects how smoothly your year-end accounting and audit cycle runs. If your current FYE no longer serves [...]
If your Singapore company has a 31 December financial year end, the clock is running. Under Section 197 of the Companies Act 1967, you have exactly seven months from the end of your financial year to lodge your Annual Return (AR) with ACRA — meaning the deadline for your FY2025 annual return is 31 July [...]
Every Singapore private limited company is legally required to hold an Annual General Meeting — commonly known as an AGM. For many business owners, the AGM feels like a bureaucratic hurdle, but it serves a critical governance function: giving shareholders the formal opportunity to review the company's financial performance, approve accounts, and make key decisions [...]