Late Lodgement Fees (other than for late lodgement of Annual Return)

• Companies and directors have to comply with a number of statutory obligations under the Companies Act 1967 [e.g. to hold an Annual General Meeting (AGM)] within a given time. Some of these statutory obligations require the companies or its directors to lodge documents with ACRA within a certain time frame e.g. an Annual Return (AR), lodgement to update ACRA on change of registered business address or resignation of directors.
• When a company or a director commits a breach, ACRA may take enforcement action and exercise discretion to compound the breach if the offender pays a composition sum.
• If the breach pertains to non-filing of a statutorily required document, then quite apart from the possibility of having to pay a composition sum, if the company or director wishes to lodge the document late, there is also late lodgement penalty payable.
• As such, it is important to distinguish a composition sum from a late lodgement fee.
• If you wish to find out about composition sums and late lodgement penalty for breaching AGM or AR obligations, please click here.
• If you wish to find out how much is the late lodgment penalty for any other form of lodgment other than for late lodgment of AR, the following are the late lodgment penalties. Filers who access our online filing system – Bizfile+ will also be prompted on Bizfile⁺ on the amount payable:

For Companies

Example 1

ABC Company Private Limited has changed its registered office from 123 Yarra Road Singapore 123456 to 987 Aroozoo Lane Singapore 987654 on 15 March 2012. The company lodged the prescribed form online via BizFile⁺ on 23 May 2012. The company has breached section 143(1) of the Companies Act 1967. Section 143(1) states that when there is a change in the registered office address of any company, the company must lodge a prescribed form online via BizFile⁺ within 14 days after the change. The late lodgement penalty imposed on the company is as follows:

Example 2

Mr David Tan of ABC Company Private Limited has resigned as a director on 20 June 2012. The company has appointed another director, Mr Justin Lim on the same date. The company lodged the prescribed form online via BizFile⁺ on 13 September 2012. The company has breached section 173A(1)(b) of the Companies Act 1967. Section 173A(1)(b) states that the company shall lodge with the Registrar within 14 days after a person becomes or ceases to be a director of the company. The late lodgement fee imposed on the company is as follows:

For Business

Below is an example of when penalty will be imposed for late lodgements or renewals.

Example 3

The business owner of Bee Partnership has changed his principal place of business from 123 Yarra Road Singapore 561342 to 987 Aroozoo Lane Singapore 847652 on 15 March 2012. Section 14 of the Business Registration Act 2014 requires the business owner to notify the change of principal place of business within 14 days of the change. The business owner lodged the prescribed form online via BizFile⁺ on 23 May 2012. The penalty imposed on the business owner is:

For Limited Liability Partnerships

Below are examples of when penalties will be imposed for late lodgement of notifications (other than Annual Declaration)

Example 4

ABC LLP has changed its registered office from 123 Yarra Road Singapore 123456 to 987 Aroozoo Lane Singapore 987654 on 15 March 2012. Under section 34 of the LLP Act 2005, the LLP is required to lodge notification within 14 days of the change. The LLP lodged the prescribed form online via BizFile⁺ on 23 May 2012. The penalty imposed on the LLP is as follows:

Example 5

Manager, Mr David Tan of ABC LLP, has resigned on 20 June 2012 and Mr Justin Lim has joined the LLP as a manager on 20 June 2012. Under section 34 of the LLP Act 2005, the LLP is required to lodge notification of the cessation and appointment of the Manager within 14 days of the changes. The LLP lodged the prescribed form online via BizFile⁺ on 30 September 2012. The penalty imposed on the LLP is as follows:

Penalties for Late Lodgement of Annual Declaration* under Limited Liability Partnerships Act 2005

Applicable for filing due date on or after 14 Jan 2022

The legal requirement

Section 30 of the Limited Liability Partnerships Act 2005 (LLP) requires a manager of a LLP to lodge the Annual Declaration (AD) not later than 15 months after registration of the limited liability partnership and subsequently, once in every calendar year at intervals of not more than 15 months. Failure to comply is an offence and an appropriate penalty will be imposed for late lodgement.

Example 6

ABC LLP is due to file its AD by 25 May 2012 (section 30). The manager filed the AD on 14 June 2012. The penalty imposed on the LLP is as follows:

For Limited Partnerships

Below are examples of penalties imposed for late lodgements.

Example 7

ABC LP has changed its principal place of business from 123 Yarra Road Singapore 123456 to 987 Aroozoo Lane Singapore 987654 on 15 March 2012. Under section 18 of the LP Act 2008, the LP is required to lodge notification within 14 days of the change. The LP lodged the prescribed form online via BizFile⁺ on 23 May 2012.

The penalty imposed on the LP is as follows:

Example 8

Partner, Mr David Tan of ABC LP, has resigned on 20 June 2012 and Mr Justin Lim has joined the LP as a partner on 20 June 2012. Under section 18 of the LP Act 2008, the LP is required to lodge notification of the cessation and appointment of the Partner within 14 days of the change. The LP lodged the prescribed form online via BizFile⁺ on 30 September 2012. The penalty imposed on the LP is as follows: