Can a Singapore company change its financial year end (FYE)?

Yes, the end date of the current or immediately preceding financial year can generally be changed via Bizfile. However, ACRA approval is required if the new financial year exceeds 18 months or if the FYE is changed again within 5 years of a previous change.

• When it cannot be changed: if the deadline for holding the AGM, filing the Annual Return or sending the financial statements has already been missed
• When ACRA approval is required: if the new financial year exceeds 18 months, or if the FYE is changed again within 5 years after a change made on or after 31 August 2018

Changing the FYE may also change the schedule for the AGM, Annual Return, ECI and corporate income tax filing.

Tax treatment can differ depending on the company's revenue, shareholder structure and transactions, so please consult an accounting professional before applying it.

The Lee Kim Alliance accounting team provides accounting and tax consultations.

As of November 2026, source: ACRA