According to the Singapore Companies Act, every Singapore company must submit an annual review report to the relevant government agency every year. These annual compliance requirements are mandatory and include the following:

1. Financial accounting, according to Singapore accounting standards to complete the company’s accounts for the previous financial year.
2. Prepare the company’s financial report in accordance with the Singapore Financial Reporting Standard (SFRS).
3. Held the company’s annual shareholder meeting. If the company meets the requirements, it can also apply to not hold the annual general meeting and complete it by signing and confirming the financial report.
4. The directors of the company signed resolutions, declarations, and other relevant annual review documents.
5. Submit the company’s annual review application to ACRA and attach the relevant documents.
6. After successful annual review, download the company’s latest registration file Bizfile and archive it.

* After the company’s annual review is completed, don’t forget to submit the corresponding tax declaration to the tax bureau.