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Business
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.
START A NEW BUSINESS
The first step is to choose a name for the business and then register the business. This can be done in two stages or all at one go.
There is now the option of purchasing a Special UEN (Unique Entity Number) for your Business (sole-proprietorship or partnership) where you choose the numbers. A UEN is your business' unique identification number that will be used in all interactions with government agencies.
The Registrar must be notified whenever there are changes to the business name, business address, business activities or if there are changes to the particulars of the sole-proprietor or partner. The notification of change must be lodged with the Registrar online within 14 days from the date of change. There is no fee payable when filing these changes. However a penalty may be imposed for late filing.
There are certain changes which require the endorsement (consent) of all the partners. Such changes include the addition or withdrawal of the partners. The endorsement must be done within 14 days from the initial submission date. Some changes do not require any endorsement e.g. change of business address, change of business name and change of business activity.
Start a new Business
Make Changes
Renew a Business
Close a Business
Local Company
A local company is a business entity incorporated in Singapore. A company has the right to own property, has perpetual succession and can sue or be sued in its own name. Companies have different setups and are distinguished by the company type e.g. private company limited by shares, exempt private company, public company limited by shares and public company limited by guarantee.
START A NEW LOCAL COMPANY
The first step is to choose a name for the company and then register the company. This can be done in two stages or all at one go.
There is now the option of purchasing a Special UEN (Unique Entity Number) for your company where you choose the numbers. A UEN is your company's unique identification number that will be used in all interactions with government agencies.
Update Share Information
This is to update share information such allotment of new shares, transfer of shares, conversion of share, reduction of share capital and many more.
Charge Registration
Start a new Local Company
Make Changes
Annual Filing
Update Share Information
Update Share Information
Reduction of Share Capital
Charge Registration
Close a Local Company
Foreign Company
A foreign company is a company, corporation, association or any other body incorporated outside Singapore. A foreign company may carry on business in Singapore by incorporating a local company or registering as a foreign branch under the Companies Act. The foreign company is required to have a registered name, at least 1 local authorised representative and a registered office in Singapore.
START A NEW FOREIGN COMPANY
The first step is to apply for approval of the company name first. Once it is approved by the Registrar, you may proceed to incorporate the company.
Charge Registration
Start a new Foreign Company
Make Changes
Charge Registration
Annual Filing
Close a Foreign Company
Limited Partnership
A Limited Partnership (LP) is a partnership consisting of a minimum of two partners, with at least one general partner and one limited partner. A LP does not have a separate legal entity from the partners, i.e. it cannot sue or be sued or own property in its own name. A general partner is responsible for the actions of a LP and is liable for all debts and obligations of the LP. A limited partner is not liable for debts and obligations of the LP beyond his agreed contribution, provided he does not take part in the management of the LP.
START A NEW LIMITED PARTNERSHIP
The first step is to choose a name for the LP and then register the LP. This can be done in two stages or all at one go.
There is now the option of purchasing a Special UEN (Unique Entity Number) for your LP where you choose the numbers. A UEN is your LP's unique identification number that will be used in all interactions with government agencies.
The Registrar must be notified whenever there are changes in the LP name, address, business activities or if there are changes to the particulars of the LP partners. The notification of change must be lodged with the Registrar online within 14 days from the date of change. There is no fee payable when filing these changes. However a penalty may be imposed for late filing.
Renew a Limited Partnership
There is the option to renew the LP registration for 1 year or 3 years.
Close a Limited Partnership
Start a new Limited Partnership
Make Changes
Renew a Limited Partnership
Close a Limited Partnership
Limited Liability Partnership
A Limited Liability Partnership (LLP) is a business vehicle that gives owners the flexibility of operating as a partnership while having a separate legal identity like a company. A LLP has the right to own property, has perpetual succession and can sue or be sued in its own name. The partners of the LLP will not be held personally liable for any business debts incurred by the LLP. A partner may, however, be held personally liable for claims from losses resulting from his own wrongful act or omission, but will not be held personally liable for such wrongful acts or omissions of any other partner of the LLP.
START A NEW LIMITED LIABILITY PARTNERSHIP
The step is to choose a name for the LLP and then register the LLP. This can be done in two stages or all at one go.
There is now have the option of purchasing a Special UEN (Unique Entity Number) for your LLP where you choose the numbers. A UEN is your LLP's unique identification number that will be used in all interactions with government agencies.
Start a new Limited Liability Partnership
Make Changes
Annual Filing
Close a Limited Liability Partnership
Public Accounting Firm
A public accounting firm (PAF) is set up by a public accountant for the purpose of providing public accountancy services (audit and reporting on financial statements and performing acts that are required by law to be performed by a public accountant). The other types of entities that public accountants can set up to provide public accountancy services are public accounting corporation and accounting limited liability partnership.
START A NEW PUBLIC ACCOUNTING FIRM
The first step is to choose a name for the PAF and then register the PAF. This can be done in two stages or all at one go.
There is now the option of purchasing a Special UEN (Unique Entity Number) for your PAF where you choose the numbers. A UEN is your PAF's unique identification number that will be used in all interactions with government agencies.
The Registrar of Public Accountants must be notified when there are changes such as to your business activity, registered place of business, partners, etc. Changes relating to the addition or withdrawal of the partners require the endorsement (consent) of all the partners if the transaction is lodged by the public accountant i.e. without the help of a registered filing agent. The notification of the change must be made within 30 days from the date of the change. A penalty may be imposed if the change is notified after 30 days.
Start a new Public Accounting Firm
Make Changes
Close a Public Accounting Firm
Public Accountant
Under the Accountants Act, anyone who wishes to practise as a Public Accountant must register with ACRA. The applicant must meet the prescribed requirements for registration as set out in the Accountants Act and its subsidiary legislation. A public accountant (PA) can provide public accountancy services such as audit and reporting on financial statements, and such other activities which the law requires to be done by a PA e.g. a judicial manager. Persons who intend to provide only book-keeping, accounting, taxation or consultancy services i.e. non-audit services need not be registered as PAs.
This is to change the personal particulars of a public accountant. The notification of the change must be made within 30 days from the date of the change. A penalty may be imposed if the change is notified after 30 days.
This is to cancel your registration as a public accountant if you do not wish to continue to practise as a public accountant.
Register as a new Public Accountant
Make Changes
Renew as a Public Accountant
De-register as a Public Accountant
Approved Liquidator
A liquidator is an officer appointed when a company goes into winding up or liquidation. He is responsible for collecting all of the company’s assets and settling all claims against the company before putting the company into dissolution. A person must be an approved liquidator, if he is to be appointed as a liquidator for compulsory winding up (by the Court or creditors). If he is only performing voluntary winding up (by members or creditors), he need not be registered as an approved liquidator.
This is to change the personal particulars of an approved liquidator.
Make Changes
De-register as an Approved Liquidator
Corporate Service Providers
Companies performing corporate secretarial services are also known as corporate service providers (CSPs). Persons wishing to provide CSP services and carry out filing transactions using using BizFile+ must first be registered as a Filing Agent (FA). A registered FA may carry out a transaction with ACRA only if he acts by or through a registered Qualified Individual (QI). A Filing Agent may include a law firm, accounting firm or corporate secretarial firm that provides statutory filing services for its clients. A Qualified Individual may include advocates and solicitors, public accountants, chartered accountants and corporate secretarial agents.
A Registered Filing Agent (RFA) must notify ACRA if there are changes to the particulars of the RFA such as its nature of business or a change in filing rights. This application can only be filed by authorised officer(s) of the RFA.
A Registered Qualified Individual (RQI) must notify ACRA when there are changes to the personal particulars of the RQI. This application can only be filed by the RQI himself.
An application for the renewal of registration of a Registered Filing Agent (RFA)/ Registered Qualified Individual (RQI) to renew its firm's/ his registration as a RFA/RQI must be made within 60 days before the registration expiry date. A RFA/ RQI may choose to renew its/ his registration for a period of 1 year or 2 years.
Register as a Filing Agent/ Qualified Individual
Make Changes
Renew as a Filing Agent/ Qualified Individual
De-register as a Filing Agent/ Qualified Individual
Group of Companies
A holding company together with its subsidiary (or subsidiaries) are collectively known as group of companies (GC) in BizFile+. The holding company can apply for registration of filing access in Bizfile+ for authorised person(s) to carry out transactions with ACRA on behalf of the GC. The authorised person can be a secretary, an employee or qualified individual appointed, employed or engaged by the GC and who is not a registered filing agent. At least one secretary from the holding company has to be appointed as the group secretary (GS) in Bizfile+.
This is to update the particulars of Group Secretary, appoint or withdraw Group Secretary(s) within the entities; add or remove subsidiaries and employees with rights to file transactions for subsidiaries on behalf of the parent company.
This is to de-register the filing access for your Group of Companies.
Register as Group of Companies
Make Changes
De-register as Group of Companies
iShop
iShop@ACRA is a one-stop business information portal for the business community and the public to search and acquire useful entity information.
Others
There is a suite of other eServices available in BizFile+ to cater to your business needs. These include the following:
-Endorsement
-Transaction Status Enquiry
-Application For Refund
-Apply for Corporate Bank account, Domain name, licenses, etc.
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