How it works
Fixing lapses works best in a fixed order: put a secretary in place, rebuild the books, prepare the missing financial statements, then file with ACRA and IRAS in date order. Contact the authorities early if notices have been issued; acting before enforcement usually leads to better outcomes.
Worked example
Two years of missed annual returns and tax returns after a management change: appoint a secretary, reconstruct both years, hold or dispense with the AGMs, file both annual returns, then both tax returns, then set up a calendar.
Questions people ask
What happens if annual returns are not filed?
Late filing penalties apply, and continued default can lead to enforcement against the company and its directors.
Should we wait for IRAS to contact us?
No. Acting first usually leads to better outcomes.
Can you take over a company with missed filings?
Yes. We review first, then fix in the right order.
Sources
Last checked 1 November 2026. General information only, not advice for your situation. Speak to a qualified adviser before you act.