News & Events

Job Support Scheme

The Jobs Support Scheme (JSS) was announced at Budget 2020, and further enhanced at the Resilience, Solidarity and Fortitude Budgets.

 

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Published on 21 Apr 2020

Extension of Deadline for Holding Annual General Meeting and Filling Annual Returns due to Covid19

The Companies (Amendment No. 2) Regulations 2020 was published on 15 April 2020. These Regulations prescribe the classes of companies to which ACRA is granting the extensions of time as described in ACRA’s announcement on 7 Apr 2020.

 

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Published on 15 Apr 2020

Extended Tax Filling Deadline

As part of support measures to help taxpayers in light of the COVID-19 situation, IRAS is providing an automatic extension of deadlines for tax filing for individuals and businesses

 

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Published on 7 Apr 2020

CorpPass Only for IRAS digital services

CorpPass is a corporate digital identity for businesses. From 1 Sep 2018, CorpPass will be the only login method for online corporate transactions with the Government. You must first be authorised via CorpPass before you can log in to IRAS digital services.

 

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Published on 26 Aug 2018

Changes in Statutory Requirement for AGM and Filling of Annual Return

As part of on-going efforts to keep Singapore business friendly and competitive, legislative changes relating to Annual General Meetings (AGMs) and Annual Returns (ARs) timelines that will reduce the regulatory burden of companies took effect on 31 Aug 2018.

 

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Published on 26 Aug 2018

Changes to the Code of Professional Conduct and Ethics for Public Accountants and Accounting Entities

ACRA issues changes to the Code of Professional Conduct and Ethics (the Code) for public accountants and accounting entities relating to certain provisions addressing non-assurance services for audit and assurance clients. Changes to take effect 1 Jan 2017

 

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Published on 27 Sep 2016

Budget 2016: Overview of Tax Changes

The following tax changes were announced by the Minister for Finance, Mr. Heng Swee Keat, in his Budget Statement for the Financial Year 2016, which was delivered in Parliament on Thursday, 24 Mar 2016.

 

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Published on 24 Mar 2016


Small Company Concept for Audit Exemption

More Details on Small Company Concept for Audit Exemption

 

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Published on 26 Jun 2015

Stepped Up Enforcement for AGM and Annual Return Breaches

Stepped up enforcement actions for breaching the statutory requirements to hold Annual General Meeting (AGM) and to file Annual Return (AR) under the Companies Act

 

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Published on 9 Dec 2015

Employment (Amendment) Bill

MOM announced in 2014 that the Ministry would require employers to issue itemised payslips and key employment terms (KETs) in two years.

 

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Published on 17 Aug 2015

New and Revised Auditor Reporting Standards

ISCA today releases the new and revised auditor reporting standards.

 

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Published on 30 Jul 2015

Two-Phase Implementation of Companies (Amendment) Act 2014

The Companies (Amendment) Bill was passed by Parliament in October 2014. On 15 April 2015, ACRA announced that the legislative changes to the Companies Act will be effected in two phases.

 

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Published on 15 Apr 2015

Change in Effective Date for Legislative Amendments, Revised Fee Structure and Enhanced BizFile

ACRA is deferring the effective date of legislative changes to the Companies Act and the Business Names Registration Act to the second quarter of 2015. This will give all agencies and stakeholders concerned additional time to adjust and prepare for these legislative changes.

 

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Published on 15 Jan 2015

CPF Contribution and Allocation Rates from 1 January 2015

From 1 January 2015, the CPF contribution rates are increased to help employees save more for retirement and healthcare needs.

 

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Published on 25 Nov 2014


Financial Reporting : Clarifications on Procedures for Applications under Sections 23(2), 29(1), 29(2), 29(4), 200(3), 201(14), 202, 373(5) and 373(7) of the Companies Act, Chapter 50 (the “Act”)

PRACTICE DIRECTION NO.3 OF 2014

 

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Published on 23 May 2014

Directors' Duties in relation to Financial Reporting and Review and Sanction Process of the Financial Reporting Survillance Programme Administered by ACRA

PRACTICE DIRECTION NO. 2 OF 2014

 

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Published on 23 Apr 2014

Changes to the Employment Act 2014

Guidebook on "Changes to the Employment Act 2014" Key changes to the Employment Act (EA) take effect on 1 April 2014. These changes better protect our workers and raise employment standards, while providing employers with the flexibility to manage these changes...

 

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Published on 1 Apr 2014

Revision in Filing Requirements of Financial Statements in XBRL with ACRA

This Practice Direction seeks to inform companies of the revisions to the filing requirements for financial statements in eXtensible Business Reporting Language (XBRL) on or after 3 March 2014 for Singapore-incorporated companies which are either unlimited or limited by shares.

 

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Published on 3 March 2014

Budget 2014: Overview of tax changes

The following tax changes were announced by Minister for Finance, Mr. Tharman Shanmugaratnam, in his Budget Statement for the Financial Year 2014, which was delivered in Parliament on Friday, 21 Feb 2014

 

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Published on 21 Feb 2014

CPF Contribution Rate Changes and Related Assistance Measures for Employers

This year’s Budget Statement was delivered by Deputy Prime Minister and Minister for Finance, Mr Tharman Shanmugaratnam, in Parliament on Friday, 21 February 2014.

 

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Published on 21 Feb 2014