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I am busy running the company and I am unable to keep track of the deadlines for AGM and filing of Annual Return. What do I do?

If you have appointed a company secretary, they will be able to advice you on the AGM and Annual Return filing dates, prepare the necessary documents and minutes for your approval and file the documents with ACRA on time.

If you do not have a company secretary, and fail to keep track, ACRA will send you reminders. However, the directors of the company has to ensure that they hold the AGM, prepare the necessary documents and make all Annual Return filings on time.

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What is a dormant company?

A company is considered dormant during a period in which no accounting transaction occurs.

Its status is NOT affected by the following transactions:

  • The appointment of a secretary.
  • The appointment of an auditor.
  • The maintenance of a registered office.
  • The keeping of registers and books.
  • The payment of fees, fines or default penalties of any amount to the Registrar (ACRA).
  • The taking of shares in the company by a subscriber to the memorandum in pursuance of an undertaking of his in the memorandum