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Generally, a company that meets any two of the following three criteria for two consecutive financial years may qualify as a small company and be exempt from statutory audit: annual revenue not exceeding S$10 million; total assets not exceeding S$10 million; no more than 50 employees.
Note: The information above is for general reference only. Requirements are subject to the latest rules of ACRA, IRAS, MOM and other Singapore authorities. Contact us on WhatsApp for a tailored proposal and quotation.

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