ACRA Extension of Deadline for Holding Annual General Meetings and Filing Annual Returns
In light of the COVID-19 situation, some companies may have difficulties holding their Annual General Meetings (AGMs) and filing their Annual Returns (ARs).
For listed and non-listed companies whose AGMs are due during the period 16 April 2020 to 31 July 2020
ACRA will grant a 60-day extension of time for all listed and non-listed companies whose AGMs are due during the period 16 April 2020 to 31 July 2020. Companies that had previously been granted extension of time to hold their AGMs within this period will also be given a further 60 days of extension from the last date of extension. The AR filing due dates for the period 1 May 2020 to 31 August 2020 for all listed and non-listed companies will also be extended for 60 days. There is no need for these companies to apply for the extension of time with ACRA.
For listed and non-listed companies whose AGMs are due during the period 1 to 15 April 2020
ACRA will also not impose any penalties on listed and non-listed companies whose AGMs are due during the period 1 April to 15 April 2020 if they hold the AGM within 60 days of the due date. Their AR filing due dates will also be extended for 60 days. There is no need for these companies to apply for the extension of time.
For latest update and source, please visit ACRA’s Support Measures and Guidance for Businesses during COVID-19