ACRA Guidelines

ACRA Guidelines

ACRA has revised the filing requirements and data elements in XBRL format for companies effective from 1st May 2021.

Sr No.Companies Filing Financial Statements (FS) that are made PublicXBRL requirements
(mandatory with effect from 01 May 2021)
1SG incorporated Companies (that are not covered in Groups 2 to 5 below)
  • Smaller and non-publicly accountable companies - To file FS in Simplified XBRL, together with PDF copy of FS authorised by directors;
  • All other companies - To file FS in Full XBRL
2SG-incorporated EPC’s that are insolvent
  • Smaller and non-publicly accountable companies-To file FS in Simplified XBRL along with PDF copy of FS authorised by directors;
  • All other companies - To file FS in Full XBRL
3SG-incorporated EPCs that are solvent Not required to file FS.
If the company opts to voluntarily file, to file FS in either:
  • PDF copy of the FS authorised by directors; or
  • FS in XBRL format.
4SG-incorporated banking, finance and insurance companies regulated by MAS To file FS in:
  • XBRL FSH (Banks); or
  • XBRL FSH (Insurance); along with PDF copy of the FS authorised by directors.
5SG-incorporated companies preparing FS using accounting standards other than prescribed accounting standards in Singapore or IFRS To file only PDF copy of the FS authorised by directors
6SG-incorporated companies limited by guarantee To file only PDF copy of the FS authorised by directors.
7Foreign companies with SG branches To file only PDF copy of the FS authorised by directors.
  1. Smaller Company = Company’s revenue and total assets for the current financial year do not exceed S$500,000 and S$500,000, respectively.
  2. Exempt Private Company (EPC) = Private company with <20 members and no corporate shareholder.