In Singapore, every company is required to submit an annual report to the Accounting and Corporate Regulatory Authority (ACRA). This report plays a critical role in maintaining compliance, providing transparency, and ensuring that your company’s legal obligations are met.
Regulatory Compliance: Annual reports are
legally required by ACRA, and failing to file or submitting
incorrect information can result in penalties or fines.
Transparency: Annual reports provide shareholders, investors, and
regulatory bodies with a clear overview of the company’s
performance and financial standing.
Corporate Governance: The annual report helps establish trust by showing that the
company is meeting its obligations, maintaining accurate
records, and operating with transparency.
Our team handles the entire process of preparing and filing your annual report with ACRA, ensuring that every detail meets the regulatory requirements. PerfLayers reviews your financials, gathers necessary documentation, and compiles the report for a smooth submission process.
As part of the annual reporting process, every Singapore company must hold an Annual General Meeting (AGM) to review its financial performance and approve the annual report. PerfLayers offers support for scheduling, organizing, and documenting your AGM.
AGM Documentation
PerfLayers prepares all necessary documents for the AGM, including minutes, resolutions, and financial summaries, ensuring that all records are complete and compliant.
We assist in scheduling the AGM and sending out notifications to
shareholders as required by law, helping you stay on track with
statutory deadlines.
Proxy Management: If
shareholders are unable to attend in person, PerfLayers helps
manage proxy arrangements to ensure smooth participation and
voting.
PerfLayers provides thorough compliance checks to ensure that all financial and corporate records are up-to-date before filing the annual report. We also prepare your business for potential audits, identifying any discrepancies and addressing them proactively.
Our team conducts a full review of your records, identifying
any gaps or areas requiring attention to ensure accurate
filing.
Audit Support and Documentation:
If your company is subject to an audit, PerfLayers assists in
preparing the necessary documents, reducing the risk of
non-compliance.
PerfLayers offers annual compliance packages that cover all statutory requirements, including monitoring changes in corporate law and maintaining updated records. Our compliance monitoring services help you stay informed of deadlines, regulatory changes, and filing obligations.