Annual Report on Form 20-F Preparation

Summary

This practice note discusses the preparation and filing of annual reports on Form 20-F. Foreign companies, including foreign private issuers (FPIs), that are subject to reporting requirements under the Securities Exchange Act of 1934, as amended (Exchange Act) (15 U.S.C. § 78a et seq.), may generally choose to report under different standards than U.S. public companies. One key difference is that many foreign companies may prepare their annual reports on Form 20-F rather than on Form 10-K, the annual reporting form used by domestic companies. This practice note provides an overview of the key disclosure requirements of Form 20-F, as well as practical guidance on drafting and filing the form.