NON- AUDITED ACCOUNTS

Timely and accurate compilation of Financial Statements is essential for making appropriate business decisions. Proper Analysis of Financial Statements is vital to focus on various financial and operational needs of an enterprise

Compilation of Accounts consists of a complete set of compiled Financial Statements, Equity Changes and Cash Flow Statement, in compliance with the Singapore FRS Standards (FRS) along with the notes on Financial Statements and Accounting Policies.

Conditions for striking off

The Accounting and Corporate Regulatory Authority (ACRA) will strike a company off the Register only if the company can meet the following conditions:

   The company has ceased operation;
   The company is not and will not be involved in any court
       proceedings, whether in or outside Singapore;
   The company has no assets and liabilities;
   The company has no outstanding penalties or offers of
      composition owing to Accounting and Corporate Regulatory
      Authority (ACRA) and not indebted to other government
       departments; the company has no outstanding tax liabilities
      owing to the Inland Revenue Authority of Singapore ("IRAS");
   The company has no outstanding charges in its charge
       register eg. no mortgages etc.;
   None of the officers of the company have outstanding
      Accounting and Corporate Regulatory Authority       ACRA)summonses.

Strike-off / Deregistration We provide professional services in the closing of company or Strike off of local companies with Accounting and Corporate Regulatory Authority (ACRA) and other relevant government agencies.

Click here ..How to prepare non-audited accounts


If the application is approved


     A "striking-off notice" will be sent to the company at its
         registered office address, its directors at their residential
         address and IRAS, within 14 days of the receipt of the
         application;
     A period of 1 month is given in the "striking-off notice"
         to anyone that may wish to raise any objection to
         application;
     After the 1 month period has expired, a notification of
         the intention to strike this company off the Register 3
         months later will be made in the Government Gazette.
         Any interested person can still raise an objection to the
         application during this 3 months;
     After the 3 months have expired, a final notification will
         be made stating that the company has been struck off
         the Register. The date that the company is struck off
         will also be stated in the final notification.
     The entire striking off process will therefore take about
        5 months.

 

Home | Change to Private Company | Incorporate new Private Company | Annual secretarial service | FREE Excel Accounts template | SoEasy Accounting Program | Accounting Services | Summon to an Accused Person | Non–audited Accounts | Audited Accounts by CPA firm
Secretarial Database Version 1.1