Private companies are exempt if they qualify as a “small company,” meeting any 2 of the following: revenue ≤ S$10 million, total assets ≤ S$10 million, and ≤ 50 employees over the past two financial years.
Which companies are exempt from audit requirements in Singapore?
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About the Author: Bernard Koo
Bernard Koo is a business development strategist and AI consultant with a background in marketing and advertising. He helps businesses grow through data-driven SEO, PPC, and campaign strategies, while also guiding company incorporation and compliance across Singapore, Malaysia, and Indonesia. With experience in AI-powered messaging, WordPress development, and regulatory advisory, Bernard delivers practical, scalable solutions that align marketing, technology, and operations for business success in Southeast Asia.
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