Does a dormant company also need to hold an AGM in Singapore?

No. A dormant company that meets the conditions does not need to hold an AGM. However, regardless of the AGM exemption, a dormant company must still file its Annual Return with ACRA every year.

• Dormant companies: An AGM is exempt if the company is not a listed company or a subsidiary of a listed company and its total assets are S$500,000 or less (on a consolidated basis for a parent company).
• Non-dormant unlisted companies: The AGM can be dispensed with if the financial statements are sent to all shareholders within 5 months after the end of the financial year.
• If an AGM is held: An unlisted company must hold it within 6 months after the end of the financial year.

The Annual Return must be filed even by dormant companies or companies that are not trading, and corporate income tax filing must also continue unless a waiver has been granted by IRAS.

Lee Kim Alliance supports the review of AGM exemption and the filing of the Annual Return through its company secretary service.

As of November 2026, source: ACRA, ACRA