Atriox
Jun 10, 20211 min
Updated: May 28, 2022
REVISED PENALTY FRAMEWORK FOR ANNUAL LODGMENTS WITH EFFECT FROM 30 APR 2021
With effect from 30 Apr 2021, ACRA will implement a 2-tier penalty framework for filing of annual return and annual declaration for all Singapore incorporated companies, Variable Capital Companies (VCC) and Limited Liability Partnerships (LLPs). This is part of ongoing efforts to make compliance simple and to encourage companies, VCC and LLPs to take their statutory obligations on annual reporting seriously. There is no change to the current penalty framework for ad hoc filings. For more details, please click here.
Source: ACRA
Should you need an expert advice in regard to this matter, contact us now for a non-obligatory consultation.
Atriox Management Pte. Ltd.
7, Temasek Boulevard, #12-07 Suntec Tower One, Singapore 038987
Mobile/Whatsapp: +65 89443991 / 88575256
Wechat: Atrioxmgt
Email: info@atriox.sg
Web: www.atriox.sg
Your One-Stop Holistic Business Services Provider