New Criteria for Audit Exemption for Small Companies

A new criteria for audit exemption for small companies is to replace the EPC criterion. Effective date of audit exemption for small company criterion is on 1 July 2015. The audit exemption for small company criterion will be applicable to companies for a financial year commencing on or after the effective date of the change in law. To find out if your company qualifies, check the infographic below:

Suggested Readings

Infographic: Not Ordinarily Resident (NOR) Scheme Types of Banks in Singapore New Enforcement Actions by ACRA for AGM and AR Breaches What to Do If You Miss the Tax Filing Deadline