Business News


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Tax Season 2019 – File Taxes Early from now till 18 Apr

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Posted on 28 March, 2019

File early to avoid the last-minute rush or late filing penalties. Call us for a no obligation quotation for tax services.


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Special UEN (SUN): Choose Your Preferred UEN

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Posted on 12 February, 2018

From 9 February 2018, entity owners have the option to choose, at a fee, a preferred UEN from a list of reserved UENs during entity incorporation/registration or conversion. This preferred UEN is known as Special UEN (SUN).

Tier 1 number – Fee S$3,000
Number with consecutive same number, or any number combination involving the number ‘8’

Tier 2 number – Fee S$1,000
Number with repetitive pattern (excluding the number ‘8’), or ending with triple identical number (such as ‘222’, ‘666’, ‘777’)

For more details refer to the link from ACRA:
https://www.acra.gov.sg/SUN/

To view the available SUNs, please refer to ACRA website. Alternatively you may contact us for the updated available SUNs.


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Enhancing Corporate Transparency – More business information released for free public access

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Posted on 13 July, 2017

To further enhance corporate transparency in Singapore, ACRA is releasing more business information for public to access freely.

Public can refer to ACRA’s free Entity Search function in the BizFile+ portal now to find out the entity’s business activity (SSIC), filing history and validity of the registered business address. ACRA plans to release even more information for public to freely access later this year.

It is therefore crucial for company to engage competence accountant and company secretary to ensure all its compliance matters are met in an efficient and timely manner.

https://www.acra.gov.sg/enhanced_entity_search/


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Adding value to your business Needs

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Posted on 13 July, 2017

From 2 June 2017 all newly registered/incorporated entities will be given a free copy of their Business Profile upon successful registration/incorporation.

Existing business entities registered with ACRA will also receive a free copy of their Business Profile after successfully renewing their business registration, or filing their Annual Returns or Annual Declarations.

https://www.acra.gov.sg/Free_Business_Profiles/


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Reminder for Companies and LLPs to set up Register of Controllers

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Posted on 30 May, 2017

Effective 31 May 2017, all existing companies and LLPs (unless exempted) are required to set up Register of Controllers. Newly incorporated companies and LLPs have up to 30 days from the date of incorporation to meet the requirement. Detailed information such as the latest updated version of ACRA issued guidance, forms of notice and a video on how to set up the register are available on the ACRA website.