Timeline to file XBRL account with ACRA
Every business entity that is required to file their annual returns must prepare their financial statements in XBRL format after the end of its financial year. From 31 August 2018, the timelines for holding Annual General Meetings and the filing of annual returns have been aligned with the financial year ends of companies.
Companies with financial year ending before 31 August 2018
They should file the annual returns within 30 days after the annual general meeting. In case the companies are having a share capital and keeping a branch register outside Singapore, then the annual returns should be filed within 60 days after AGM.
In addition, the annual return can be filed only:
Companies with financial year ending on or after 31 August 2018
They should file their annual returns within
For companies having a share capital and keeping a branch register outside Singapore, they should file their annual returns within
In addition, note that the annual return can be filed only:
Penal provisions for late filing
The Singapore Companies Act requires all companies to file an Annual Return with ACRA within 30 days of holding an AGM. A company that files its annual return late with ACRA will be required to pay an additional late lodgment fee which is currently S$300. The late fee increases as the number of days in default increases.