Revised Penalty Framework for Annual Lodgments (ACRA)

Updates: Revised Penalty Framework for Annual Lodgments (ACRA)

The Accounting and Corporate Regulatory Authority (ACRA) has announced a revised 2-tier penalty framework for annual lodgments. The framework will take effect from 30 April 2021 and is applicable for all Singapore-incorporated Companies, Variable Capital Companies (VCC) and Limited Liability Partnerships (LLPs).

Source: ACRA

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