In accordance with the relevant provisions of Chapters 175, 197, 201 of the Singapore Companies Act. Companies whose financial year ends after August 31, 2018 need to submit the annual review on time:

1. For a newly registered company, the first financial year must end within 18 months. The financial year of a Singapore company is based on 12 natural months.
2. After the company ends its financial year
   • Listed company:
     1. The company’s shareholders meeting must be held within 4 months.
     2. Annual review must be submitted within 5 months.
   • non-listed company.
     1. The company’s shareholders meeting must be held within 6 months.
     2. The annual review must be submitted within 7 months.

Based on actual operating conditions and experience. To avoid unnecessary delays or fines. Fu Zhilin strongly recommends that the company complete the company’s accounting and annual review process early.

1. The company needs to submit an estimated tax declaration ECI to the tax bureau, and the estimated tax must be submitted within 3 months after the end of the company’s financial year. Therefore, the company needs to complete the accounts before it can estimate the tax situation.
2. After the company completes its financial report, it needs to sign the directors. If the company chooses not to hold a shareholders meeting. Documents need to be circulated to each shareholder and director for signature. So the signing cycle may be longer.