Information required for the preparation of unaudited accounts in Singapore.

General Information

• Name of the company
• Registration No of the company
• Financial Statement From DATE to DATE

Director' Report/Statement by Directors

• Full Name of directors in office
• Principal Activity of the company
• Directors' Shareholdings
• Name of Directors to sign the annual accounts

Financial Statements

• Currency used if it is not S$
• Authorized & Issued Capital of the company (e.g. 10,000 shares of $1 each)
• Bank statements
• Any director fee to be paid

Notes to the Financial Statements

• The address of the company's registered office.
• The date when the board of directors authorized the financial statements to be issued.
• Any purchase of fixed assets

Only exempt private company (EPC) are not required to have their accounts audited by qualified auditors. Instead they will prepare unaudited accounts for the AGM and for filling with ACRA.

An exempt private company is defined under section 4(1) of the Company Act as a company which has not more than 20 shareholders and its shares are not held by another company.

EPCs with revenue not more than S$5 million for the financial year on or after June 2004 are exempted from audit.(i.e. need to submit unaudited accounts); notwithstanding the filing of annual return to ACRA, an EPC must still file its Income Tax Return (Form C) , accounts and tax computation to IRAS annually.

Have a nice day! 

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