Corporate Compliance Checklists

“Perfection consists not in doing extraordinary things, but in doing ordinary things extraordinarily well.” - Angelique Arnauld

Corporate Compliance for Singapore companies is a very serious concern for Directors and key Company Officers. It is the Directors’ responsibility to ensure that all statutory returns are properly prepared and submitted to the regulatory authorities on time – the main relevant regulatory bodies being the Singapore Accounting and Corporate Regulatory Authority (ACRA) and the Inland Revenue Authority of Singapore (IRAS).

At PB Corporate Services, our team assists clients in carrying out their statutory duties. Through the course of our work, we have identified important areas that all Directors and Company Officers should familiarise themselves with, before accepting an official appointment. We have now compiled key company compliance obligations, filing deadlines and statutory requirements into helpful compliance checklists:

Secretarial Compliance Checklist

Compliance Checklist for a Local Authorised Representative of a Singapore branch

Compliance Checklist for a Singapore Director

Due Diligence Checklist (for Individuals)

Further to Singapore specific regulations, Directors and Company Officers must also comply with local and global guidelines concerning their Company’s transactions with clients and related companies, such as those (i.e. AML/CFT, FATCA) prescribed by organizations including the Monetary Authority of Singapore (MAS), the OECD, FATF, United Nations and World Bank.