Company admin

Filling annual returns (through ACRA) and tax (through IRAS) for Singapore based small company.

Pre-requisite

This documentation only contains the steps for a small Solvent Exempt Private Companies (EPCs) which are exempt from filing financial statements. Check details on the qualification criteria for exemption of audited accounts.

• Eligible for Form C-S Lite
• Small
• Exempt
• Private
• Active (not dormant)
• Solvent (not insolvent)

Yearly tasks

• Internal on 31 Jan
  • Calculate Revenue, Expense and Gross profit / loss for the previous year
• IRAS on 15 Nov
  • File Form CS online with IRAS
• ACRA on 15 Nov
  • File AGM / Annual Filling with ACRA

Important numbers

• Bank account
• Company ID / UEN

Check company compliance

Check company compliance status on BizFile anytime with company UEN.

Definitions

1. Small EPC: EPC with annual revenue up to S$5 million or less for financial years
2. ECI: Estimated Chargeable Income
3. ACRA affairs:
   • AGM (Annual General Meeting)
   • AR (Annual Returns)
4. IRAS affairs:
   • Income Tax Return