Travel Agency Audit

All travel agency licensees must submit a copy of the Audited Statement of Accounts within 6 months after the close of the company’s financial year. Submission of Audited Statement of Accounts is to allow for verification of applicants’ and licensees’ net value and financial health to ensure that they have sufficient capital to operate and not pose a risk to the traveling public.

A licensee may, for the financial year of the licensee that closes on or after 1 March 2020, submit a copy of the licensee’s financial statements certified by an independent auditor in accordance with the Singapore Standard on Review Engagements (SSRE) 2400 (Revised): Engagements to Review Historical Financial Statements instead of the copy of the licensee’s audited statement of accounts.

Our experts will work with you to meet your regulatory requirements and renew your license on time.