Annual Compliance for Singapore CLGs
Companies limited by guarantee (CLGs) are typically engaged in non-trading, charitable, religious, scientific, or artistic activities. As non-profit organisations, CLGs have the advantage of incorporating a separate legal entity with limited liability for their members.
Annual Compliance for CLGs includes:
- auditing accounts
- holding Annual General Meeting (AGM)
- filing Financial Statement (XBRL format NOT required) with Annual Return (AR) to ACRA