How to Calculate Annual Review Date for Singapore Companies? A Clear Guide!

How to Calculate the Annual Return Deadline for a Singapore Company? Read This Article and You’ll Understand!

Registering a company in Singapore is one of the top choices for entrepreneurs and investors worldwide. This is not only due to its stable economy and low tax rates, but also because of its efficient business management system. However, companies must comply with various legal obligations during operations, and one of the most important is submitting the Annual Return.

Many business owners are confused about when they need to submit their annual return and what happens if they miss the deadline. In this article, we will explain everything clearly, and include recent news updates so you can fully understand the rules surrounding Singapore company annual filings.

1. What is an Annual Return for a Singapore Company?

In Singapore, an annual return refers to the yearly submission that every registered private limited company must make to the Accounting and Corporate Regulatory Authority ACRA. The document includes updated information such as

Basic company details

Shareholder structure

Director information

Financial statements

This is a mandatory legal requirement under the Companies Act. Failure to submit on time may result in penalties or even the removal of the company from the register.

The purpose of the annual return is to ensure transparency and accuracy of corporate data for regulatory oversight and public access.

2. How Is the Annual Return Deadline Calculated?

There are two key dates involved in calculating your company’s annual return deadline

1 Financial Year End FYE

Each company sets its own financial year end, which is typically the day before the company's incorporation anniversary.

For example

If your company was incorporated on May 15, 2025, then the first financial year ends on May 14, 2025.

Subsequent years follow the same date pattern.

Note The first financial year can be up to 18 months long, while regular financial years must be no more than 12 months.

2 Filing Deadline

According to ACRA, companies must file their Annual Return within 7 months after the financial year end. They must also submit audited or simplified financial statements depending on the company’s size.

Example

Incorporation Date May 15, 2025

First FYE May 14, 2025

Annual Return Deadline December 14, 2025

Late submissions may lead to fines, and repeated delays could result in the company being struck off the register.

3. Annual Return Process and Required Documents

Although it may seem complex, the annual return process follows a standard procedure

1. Hold an Annual General Meeting AGM

Must be held within 6 months after the financial year ends.

During the AGM, directors are appointed and financial statements are approved.

2. Prepare Financial Statements

Depending on the company’s size, these may require auditing by a certified public accountant CPA.

Small companies that meet certain criteria may be exempt from audit requirements.

3. Submit the Annual Return

Done online via ACRA’s BizFile+ portal.

Include all required documents and pay the filing fee.

4. Pay the Filing Fee

For non-listed companies, the standard fee is SGD 30, plus any additional accounting or audit fees.

4. Recent Developments ACRA Tightens Compliance Enforcement

In recent years, ACRA has strengthened enforcement of corporate compliance. According to a 2025 report, over 1,000 companies were penalized for failing to submit their annual returns on time, with some being removed from the register due to repeated violations.

Starting in 2025, ACRA launched a new digital platform called MyInfo Biz, allowing businesses to update their company information more easily and reduce filing delays caused by outdated or incorrect data.

These changes reflect Singapore’s ongoing efforts to enhance transparency and efficiency in corporate governance. Business owners are strongly advised to prioritize timely compliance to avoid unnecessary risks.

5. Common Misconceptions About Annual Returns

Misconception 1 No Operations Mean No Need to File

Even if your company did not operate during the year, as long as it remains registered, you must still file the annual return.

Misconception 2 Annual Return Is Just Tax Filing

Annual Return and tax filing e.g., Form C-S are separate processes.

Annual Return is submitted to ACRA.

Tax filing is handled through the Inland Revenue Authority of Singapore IRAS.

Misconception 3 You Can Submit Late Without Consequences

You can file late, but penalties apply

Up to SGD 300 if filed within one month of the deadline.

Up to SGD 1,000 if filed more than one month late.

6. How to Ensure Timely Filing of Annual Return

To stay compliant, consider the following steps

1. Set Reminders

Use calendar apps or accounting software to track deadlines automatically.

2. Outsource to Professionals

Many local accounting firms offer annual return services, saving you time and effort.

3. Keep Information Updated

Regularly update details such as directorship, shareholder list, and registered address to avoid rejection due to inconsistencies.

Conclusion

By now, you should have a clear understanding of how to calculate and manage your Singapore company’s annual return deadlines. While the process may seem routine, it plays a crucial role in maintaining your company’s legal standing.

With increasing regulatory scrutiny, timely compliance helps protect your business from legal risks and supports the maintenance of a strong corporate reputation. Make sure to plan ahead and fulfill your obligations without delay.