Business Registration Singapore Acra

The other way is to wind up the company and there are a few types of winding up.

Business registration singapore acra. Any of the business owners with a valid corppass account can renew their registration at bizfile. Your business registration can be renewed 60 days before the expiry date. For businesses operating in singapore it is a statutory requirement to provide their updated information to acra.

Aside from delivering some basic info about a business to the public the site also sells other company data including the business profile certificate of production and financial profile among others. In addition the repository should also safeguard acra business profile document. Giving your business access to governmental funding such as those made available by enterprise singapore.

A local company may apply to acra to strike off its name from the register. You will be issued a certificate of incorporation and a business profile that contains key information about your company. It includes the acra company registration number or the roc number no of in singapore.

The agency is raising awareness on the latest business structures compliance requirements corporate governance practices and other company related matters among others. Once you have these details ready you can start registering your company with acra singapore. I am a foreigner and want to open up a business in singapore.

Your business registration is valid for a period of one or three years. Getting a name paying the registration fees and other requirements involved in registering a limited liability partnership llp with acra. The accounting and corporate regulatory authority acra is the national regulator of business entities public accountants and corporate service providers in singapore.

If you intend to carry on business you must renew the registration before the expiry date. Additionally if you choose to incorporate a company or set up a limited liability partnership instead of registering a sole proprietorship or partnership your personal and business finances are separated. Acra may approve the application if there is reasonable cause to believe that the company is not carrying on business and the company is able to satisfy the criteria for striking off.