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Changes on statutory requirements for AGM and filing of AR

To provide greater clarity for companies and reduce the compliance burden, the timelines for holding Annual General Meetings (AGMs) and the filing of annual returns will be aligned with the company’s FYE.

Timeline for holding AGMs and filing of annual returns​

Holding of AGMs

Current

For Companies with FYE ending on or after 31 Aug 2018 

(a) Timeline 1: Hold first AGM within 18 months of incorporation, and subsequent AGMs yearly at intervals of not more than 15 months

(b) Timeline 2: Financial statements tabled at AGM must be made up to a date within 4 months (for listed company) or 6 months (for any other company) before the AGM date.

For listed companies: Hold AGM within 4 months after FYE For any other company: Hold AGM within 6 months after FYE

Filing of Annual Returns

Current

For Companies with FYE ending on or after 31 Aug 2018 ​

For companies having a share capital and keeping a branch register outside Singapore
• File annual returns within 60 days after AGM

For other companies
• File annual returns within 30 days after AGM

For companies having a share capital and keeping a branch register outside Singapore:
• File annual returns within 6 months (if listed) or 8 months (if not listed) after FYE

For other companies:
• File annual returns within 5 months (if listed) or 7 months (if not listed) after FYE

Annual return can be filed only:
• after an AGM has been held;
• after financial statements is sent if company need not hold AGM; or
• after FYE for private dormant relevant company that is exempted from preparing financial statements.