Incorporation starts a continuing set of company and business obligations. Plan the annual return, business registration renewal, financial reporting, tax filings and any employment or sector-specific requirements that apply.
Company records and filings
Maintain the registers and records required for the company, including the Significant Controllers Register where applicable. Review changes in ownership, control, directors, company secretary and registered office and arrange the appropriate records and notifications. Share transfers have their own documentation and stamping questions; not every change is reported to the Registry by the same form.
A local private company's NAR1 is generally due within 42 days after its incorporation anniversary. Formal dormant-company rules can affect that requirement. The annual return is separate from the profits tax return and from the company's financial statements.
Accounting, audit and meetings
Keep accounting records and supporting evidence throughout the year. Financial statements and independent audit requirements should be assessed under the applicable law, including any valid exemption. Annual general meeting requirements have exemptions and special first-period rules; establish the position for the company rather than applying one deadline universally.
Business registration and tax
Renew business registration for the selected period and pay the applicable fees. File returns issued by the IRD and review notification obligations; not every company receives every return every year. Employer reporting generally involves BIR56A and the relevant IR56 forms, depending on the event and circumstances.
The foreign-sourced income exemption regime is not a general economic-substance requirement for every holding company. Cross-border income needs its own assessment. Sector licences and employment obligations should also have a named responsible person.
What belongs in the service scope?
The appointment of a company secretary and a compliant registered office are continuing company requirements. Paid provider renewals are contractual service arrangements. A secretarial retainer does not automatically include every accounting, tax, audit, employment or licensing obligation.
IMSG can agree a scope covering the records and routine filings required. See company secretarial, accounting, tax and audit coordination.