Statutory requirements for Annual General Meeting and filing of Annual Returns

With effect from 31 August 2018, all private and public companies incorporated in Singapore are required to hold Annual General Meeting (AGM) within 6 months after Financial Year End (FYE). While for listed companies, AGM is required to be held within 4 months after FYE.

Annual Returns can only be filed after an AGM has been held and must be filed within a month after the holding of AGM.

Private companies are exempted from holding AGMs if they send their financial statements to members within 5 months after the FYE. 
The following safeguards are put in place to protect members of the company:

• Directors must hold an AGM within 6 months after FYE if notified by any one member of the company to do so. The company may seek the Registrar’s approval for an extension of time to hold AGM; and 

• A member who wishes to request that an AGM be held must notify the company to hold an AGM not later than 14 days before the last day of the 6th month after FYE; 

• Private companies must hold a general meeting to lay financial statements if any member or auditor requests for it not later than 14 days after the financial statements are sent out. Directors must, within 14 days after the date of request, hold a general meeting to lay the financial statements.