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An act to repeal and re enact with amendments the business registration act chapter 32 of the 2004 revised edition so as to provide for the registration of persons carrying on business in singapore and their business names to make consequential and related amendments to certain other written laws and for matters connected therewith.
Business registration act singapore. It is as per the companies act chapter 50. Failing to do so is an offence and may result in the imposition of a fine. The business registration act cap 32 provides for the registration of person s carrying business in singapore.
2 a person who has a place of business in singapore shall be deemed to be carrying on business in singapore for the purposes of this act. Top search helpful question. And you must fulfill all of its compliance requirements.
A foreign company must register an entity in singapore before it is allowed to commence business activities here. Upon registering with the company registrar in singapore a singapore branch office will become a proper legal entity. Underlying purpose of bnr act is the same as br act.
The business names registration act was passed by parliament on 8 october 2014 and assented to by the president on 6 november 2014. A business carried on by a sole person is a sole proprietorship. It supervises the process for company registration in singapore.
March 31 2016 updated. The person s behind a business name br act applies to. Business names registration act subsidiary legislation under business names registration act.
Sole proprietorships and partnerships companies and llps carrying on business under a different name eg. The business names registration act requires any person registered under it who has ceased to carry on business to notify the registrar of this. Fees for registration of businesses.
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