1. every Singapore company needs annual report?
Answer: Yes, every Singapore needs. Whether it is dormant or active.
2. the first time the company was founded in the first annual report?
A: the company set up in the first year to complete the annual report within 18 months, at the same time, the completion of the annual report of the first 6 months to complete the financial report (accounting report or audit report), otherwise it will produce a fine.
3. second years, the company's latest annual report of the time is what?
Answer: from second years, the annual report of the annual report after the last 15 months, while the annual report of the first 6 months to complete the financial report, otherwise it will produce a fine.
4. what is XBRL?
Answer: Business Reporting Language XBRL EXtensible, can be extended business reporting language, is a computer language of financial statements, through a unified data for a specific recognition and classification, can be directly for the user or other software to read and further processing, real time input, multiple use.
5. do you need to attach the XBRL file to the annual report of the Singapore company?
A: No, if the shareholder is a company, or, the company has been operating the individual holdings of the company, the financial situation is insolvent, or, the number of shareholders of more than 50 people, these must be forced to complete XBRL.
6. every company in the annual report must be accompanied by an audit report?
A: No, the only company that has reached the standard of audit is required. The annual turnover of more than 500 of the new coins or companies operating holding company in the annual report must be attached to the audit report.
7. if the company can not complete the annual report in the time, what will the consequences?
A: the annual report is more than the specified period will produce a fine, S$60/ month, if you have not handled the annual report and fines, the company will face the risk of appearing in court.
8. if the company can not complete the annual report in the time, may I ask you can postpone it?
A: Yes, you can apply for an extension before the expiration of the annual report can be extended to ACRA, up to two months, the cost of 50 yuan a month.
9. if you are ready to close a company, but the company will be close to the time of the annual report, the company can not do the annual report to continue to close it?
Answer: Yes, you can directly close, not because of the annual report will not make a fine.