Business Registration

  • Act/Rule/Legislation

  • Online Link to Act/Rule/Legislation

  • Initial Setup or Ongoing Maintenance

    Initial Setup only

  • Filing and Maintenance Requirements

    All businesses must be registered with the Accounting & Corporate Regulatory Authority (ACRA). This includes any individual, firm or corporation that carries out business for a foreign company. 1) The Registrar may require any document to be lodged under this Act to be filed electronically with the Registrar using the service provided by the Registry of Businesses whereby documents under this Act may be filed with or submitted to the Registrar electronically. (2) Where any document is required to be filed with or submitted to the Registrar electronically by any person using the service referred to in subsection (1), the Registrar may allow the document to be filed or submitted by a prescribed person on behalf of the first-mentioned person. (3) Where the Registry of Businesses provides a service whereby documents required under this Act may be filed electronically with the Registry, neither the Government nor any of its employees shall be liable for any loss or damage, suffered by any person by reason of any error or omission, of whatever nature or however caused, appearing in any document obtained by any person under the service if the error or omission a. Is made in good faith and in the ordinary course of the discharge of the duties of any of these employees; or b. Has occurred or arisen as a result of any defect or breakdown in the service or in any of the equipment used for the service. (4) A copy of or extract from any document electronically filed with or submitted to the Registrar using the service referred to in subsection (1) which is supplied or issued by the Registrar and certified under his hand and seal to be a true copy thereof or extract therefrom shall, in any proceedings, be admissible in evidence as of equal validity with the original document. (5) Any information supplied by the Registrar that is certified by the Registrar under his hand and seal to be a true extract from any document filed or lodged with or submitted to the Registrar using the service referred to in subsection (1) shall, in any proceedings, be admissible in evidence and be presumed, unless evidence to the contrary is adduced, to be a true extract from such document. (6) Subsections (4) and (5) shall have effect notwithstanding the provisions of any other written law.

  • Penalty

    "Any person who's (a) being a person required to be registered under this Act, carries on business without being so registered or continues to carry on business after the expiry or cancellation of his registration; (b) fails to submit any change of particulars which is required to be submitted to the Registrar under section 14; (c) without lawful excuse fails to comply with any summons or requisition of the Registrar under section 24; (d) makes any statement or furnishes any information to the Registrar under the provisions of this Act which is false in any material particular or by reason of the omission of any material particular and which he either knows or has reason to believe is false; or (e) fails to comply with any of the regulations made under this Act, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 12 months or to both."

  • Application Guidelines / Responsible Persons / Comments

    Must I Register My Business? There are some types of businesses that do not need to register with ACRA, including certain individuals, professionals and organizations. For a list of exempted businesses please visit: https://www.enterpriseone.gov.sg/en/Topics/Starting%20Up/Register%20Your%20Business/Getting%20Your%20Business%20Registered/regbiz_exemptions.aspx What Do I Need To Prepare Before Registering? Before you begin the registration process, there are a number of things you will need to check or prepare first. For a check list please visit: https://www.enterpriseone.gov.sg/en/Business%20Stages/Start/Registering%20Your%20Business%20-%20Local%20and%20Foreigners/Checklist%20-%20Before%20Registering.aspx What Happens After I Register My Business? Once you have successfully registered your business, there are some important rules and regulations that you will have to observe in the course of running your business. Do I Need To Register A Singapore Branch/Office Of A Foreign Company? Yes, you must hire a professional firm to register your Singapore branch on your behalf with ACRA. If you are setting up a Representative Office (RO) to explore business opportunities in Singapore or the region, you must register with the Monetary Authority of Singapore if the RO is in banking and insurance, or with International Enterprise Singapore for all other industries.