How the liquidation stages fit together
The diagram begins with a winding-up petition and appointment of a liquidator. Processing then involves a statement of affairs by directors, secretarial or other officers, realising assets, adjudicating claims, declaring dividends to creditors and returning any capital to contributories. The final stage is release of the liquidator and dissolution. The right-hand column maps tax work to commencement, the ongoing process and the period before the final meeting.
Outstanding years at commencement
At the start of liquidation, submit financial statements and tax computations for every outstanding Year of Assessment up to the liquidation date and answer IRAS enquiries about the company’s tax affairs. The footnote distinguishes Form C-S and Form C-S (Lite): these filers do not submit financial statements and computations with the return, but must prepare them and provide them if IRAS asks.
Declarations during the process
Continue filing declarations of receipts and payments. A company with receipts files yearly. If there are no receipts, file within the six months before the final meeting or once every four years, whichever comes earlier. Absence of receipts therefore changes the frequency; it does not remove the declaration requirement. Continue answering all tax enquiries throughout the process.
Checks before the final meeting
Resolve outstanding tax matters before completing liquidation. The liquidator can use myTax Portal to obtain the latest Notices of Assessment or Statement of Accounts and check whether tax matters or liabilities remain. The completion row itself shows no additional filing requirement; that does not replace the earlier clearance work.
Official source
This article independently explains the substantive contents of the official PDF, including the relevant conditions, procedures and annexes. The linked document remains the authoritative source for its original wording, and later changes should be checked separately.
Read the official PDF ↗