VCCs can apply for an Extension of Time (EOT) before your AGM/Annual Return deadline, for up to 60 days to file the annual return or hold the AGM. As it may require up to 14 working days to process the application (or longer if further clarifications are required from applicant), you are advised to submit the EOT application more than 14 days before the deadline. The application fee is $200 per requested section.
Either a company officer (e.g. company secretary or director) or a professional firm representing the company, may apply for an EOT application as follows:
Step 1: Login to ACRA’s online VCC Registration and Filing Portal.
Step 2: Under “eServices”, select “Extension of Time”, then click on “Next”.
Step 3: Click on “Search”, then search for the VCC that the Extension of Time is to be applied for.
Step 4: Select AR or/and AGM to apply for Extension of Time.
Step 5: Provide the reasons for application. Listed entities must attach any supporting documents, including any comments by SGX on the application.
Step 6: Ensure that the transaction is completed, following payment of the application fee of $200 per requested section. A confirmation email will be sent to the applicant.