Enforcement action taken against Zilingo for failure to submit annual reports: ACRA

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Enforcement action taken against Zilingo for failure to submit annual reports: ACRA
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The company did not file annual financial statements for two years - 2020 and 2021 - which is a basic requirement for all businesses registered in Singapore.

SINGAPORE: The Accounting and Corporate Regulatory Authority said on Thursday that it took enforcement action against fashion start-up Zilingo for not filing its annual returns for two years - 2020 and 2021.

All Singapore-incorporated companies are required to file annual returns with ACRA to keep the company’s information on the authority’s register up-to-date.

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