AGM & AR Extension of Deadline
Due to this worldwide pandemic, many companies may have difficulties holding their Annual General Meetings (AGMs), as well as the filling of their Annual Returns (ARs). With that, the Accounting & Corporate Regulatory Authority (ACRA) have come up with a Support Measures and Guidance for Businesses during COVID-19 that grants all Singapore companies a 60-day extension of deadline for holding their AGMs and ARs. This would hopefully loosen up tight knots on businesses at this given point of time.