Annual Compliance Checklist for Hong Kong & Singapore Companies
SetupCross
Why Compliance Matters
Missing compliance deadlines can result in penalties, late fees, and even company strike-off. This guide covers all annual requirements for both jurisdictions.
Hong Kong Annual Compliance
Annual Return (NAR1) - Deadline: Within 42 days of incorporation anniversary - Late fee: HKD 870 - 3,480 depending on delay - Filed with: Companies Registry
Business Registration Renewal - Deadline: One month before expiry - Cost: HKD 2,150 per year
Profits Tax Return - First filing: 18 months after incorporation - Subsequent: Annually, usually due April 1 - Requirement: Audited financial statements (mandatory for all companies)
Employer's Return - Deadline: Within 1 month of receipt (usually April) - Required if: You have employees in Hong Kong
Singapore Annual Compliance
Annual Return - Deadline: Within 7 months of financial year end - Filed with: ACRA
Estimated Chargeable Income (ECI) - Deadline: Within 3 months of financial year end - Filed with: IRAS
Corporate Tax Return (Form C/C-S) - Deadline: November 30 annually - Note: Form C-S is simplified for companies with revenue under SGD 5M
Annual General Meeting (AGM) - Deadline: Within 6 months of financial year end (for first AGM: 18 months)
How SetupCross Helps
SetupCross's dashboard tracks all compliance deadlines automatically. You receive alerts before each deadline and our team handles filings on your behalf. No more missed deadlines or surprise penalties.
Conclusion
Staying compliant is essential for maintaining your company's good standing. With SetupCross, compliance is managed proactively — you focus on growing your business while we handle the paperwork.