During the incorporation process, you must specify your company’s Financial Year End (FYE). This date determines when your corporate tax filings and annual general meetings (AGMs) are due. Common choices include March 31, June 30, or December 31. A smart strategy for new startups is to set the first FYE within 12 months of the incorporation date. This ensures the company fully maximizes the 3-year new startup tax exemption window without accidentally shortening the first year of assessment.