Loading...
Skip to main content
Font Resize: A- A  A+
A sole-proprietorship is a business owned by one person or one company. There are no partners. The sole-proprietor has absolute say in the running of the business.
A partnership is a business firm formed by two to twenty partners. Once there are more than twenty partners, the partnership must be registered as a company under the Companies Act.
A sole-proprietor / partner may notify ACRA that the business is no longer in operation by filing the 'Notice of Cessation of Business'.

Need help to cease your business?

Click here to use ourDigital Filing Assistant Ask Ada*Ask Ada*available in English only.