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Penalty for Being Late for Your AGM or Annual Returns!

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Consequences for being late for your AGM or Annual Returns? If you do not hold your AGM or lodge your Annual Return on time, the Companies Act imposes penalties to defaulters. In summary, there are three sections governing the AGM and AR filing requirements for private companies: Section 175 – Annual General Meeting (AGM) A company …

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ACCA Accounting Body encourages more help for Singapore SMEs to go global

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New research from the Association of Chartered Certified Accountants (ACCA) shows that small and medium-sized enterprises (SMEs) in Singapore would like more information and support on global trade opportunities to help them internationalise. Suggesting there is room for further growth, the accounting body’s research revealed that nearly half of respondents in its latest survey would still …

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