Guide · Corporate secretarial
Two dates drive a private company's annual compliance calendar — and both count from your financial year end. Here's what's due, when, and how the AGM exemption works.
For a private company that is not listed, the Companies Act sets two recurring obligations, both anchored to your financial year end:
| Obligation | Deadline (private companies) |
|---|---|
| Hold the annual general meeting (AGM) | Within 6 months after FYE |
| File the annual return with ACRA | Within 7 months after FYE |
Listed companies run on a tighter timeline (4 and 5 months respectively). The annual return is filed through ACRA's Bizfile portal and must be accompanied by your financial statements where required.
Since the 2018 amendments to the Companies Act, a private company need not hold an AGM for a financial year if it sends its financial statements to members within 5 months after the FYE. Safeguards apply — for example, a member can still require an AGM to be held by giving the company written notice no later than 14 days before the end of the sixth month after the financial year end. Alternatively, members can dispense with AGMs altogether by passing a resolution.
In practice, most of our clients adopt the "send financial statements within 5 months" route and approve the accounts by written resolution — no meeting to organise, and one less deadline to miss.
Example Pte. Ltd. has a financial year end of 31 December 2025:
ACRA imposes late lodgement penalties on overdue annual returns, and breaches of the AGM provisions can lead to composition sums against the company and its directors. Persistent non-compliance can result in enforcement action and, in serious cases, affect a director's standing. The current penalty amounts are published on ACRA's website — check the latest scale rather than relying on older figures.