Dormant Company in Singapore: What ACRA and IRAS Still Require (2026)
A dormant Singapore company still files an ACRA annual return every year and a corporate tax return unless IRAS grants a waiver. Here is what…
Published: 12 January 2026 · Last reviewed: 16 January 2026 · Reviewed by Ray Tay, Co-Founder & Managing Director, VIVOS PTE. LTD. (ACRA Filing Agent FA20240323 · MOM EA Licence 24S2425)
What is Decree 325 and why is it important?
Decree 325/2025/ND-CP provides detailed regulations on labour, employment, and social security within Vietnam’s International Financial Centres (IFCs), ensuring a flexible and globally integrated framework for attracting talent and investment.
Can companies in IFCs hire foreign employees without restrictions?
Yes. Decree 325 allows enterprises in IFCs to recruit both Vietnamese and foreign employees without any cap on the proportion of foreign workers.
How have work permit procedures changed under Decree 325?
Procedures are simplified—employers no longer need to notify recruitment of Vietnamese workers before hiring foreigners, and processing time is reduced to 3 working days.
What is the maximum working term for foreign employees in IFCs?
The working term can be extended for up to 10 years, providing stability and reducing repeated licensing procedures.
How does Decree 325 address social security for foreign employees?
Foreign employees can choose compulsory or voluntary social insurance, and exemptions or reductions apply if they already participate in equivalent schemes abroad.
A dormant Singapore company still files an ACRA annual return every year and a corporate tax return unless IRAS grants a waiver. Here is what…
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