Annual return filing for December 2012 accounts

SSMThe deadline filing of Annual Return for companies whose accounts’ year end of December 2012 will be on 7th August, yes, tomorrow!

Section 165 of the Company Act requires all companies to lodge the annual return within one (1) month of the Annual General Meeting (“AGM”) of which AGM is to be held within 6 months of the end of the companies’ financial year. As such, companies who financial year ended 31 December 2012 will have until 30 June 2013 to hold its AGM and thus to lodge their Annual Return to SSM by 31 July 2013. 7th August 2013 is the extended deadline given by SSM. Of course, the above may not be applicable to a newly incorporated company which required by Section 143 (1) of the Company Act to hold its first AGM within 18 months of its incorporation.