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Did you know that over 30% of small businesses in Singapore face compliance penalties every year because of missed filing deadlines? If you’re running a company, you probably already know how easy it is to overlook statutory obligations while managing day-to-day operations. The reality is this: missing an Accounting and Corporate Regulatory Authority(ACRA) deadline can cost you both money and credibility — but the good news is, it’s fixable.
This guide explains exactly what to do if you’ve missed an ACRA filing deadline, the penalties you may face, and most importantly, how to avoid repeating the same mistake in future.
Many entrepreneurs underestimate how many compliance requirements are tied to running a business. Some of the most commonly missed deadlines include:
👉 Missing any of these can trigger an ACRA late filing penalty, which grows larger the longer you wait.
The most important step is not to panic — but to act fast. Here’s what you should do right away:
👉 Need help? ACRA’s guide on AGM & Annual Return requirements is a good starting point.
So, what happens if you don’t act quickly? The consequences can escalate depending on how late you are:
While fines are the most common penalty, repeated or severe non-compliance can lead to more serious consequences:
👉 See ACRA’s enforcement actions for real-world cases.
Once you’ve resolved the issue, your next step is prevention. Here are three proven ways to avoid falling into the same trap:
ACRA sends out email and SMS reminders to company directors. Make sure your contact details are updated so you never miss a notification.
A professional corporate secretary ensures your company stays compliant. They track deadlines, file documents on time, and act as a safeguard against costly mistakes.
💡 With Grof as your corporate secretary, you can focus on growing your business while we handle compliance.
Set calendar alerts, task reminders, or use compliance software. Even a simple system of reminders can prevent lapses. For SMEs, outsourcing + automation is the most efficient solution.
Missing an ACRA deadline isn’t the end of the world — but ignoring it can spiral into heavy fines, legal consequences, or even company strike-off. The key is to act immediately, pay your ACRA late filing penalty, and put reliable systems in place to prevent it happening again.
👉 With Grof’s corporate secretarial services, you’ll never miss an ACRA deadline again. Our team of experts helps entrepreneurs and business owners like you stay compliant — stress-free.