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ACRA Compliance
Businesses and maintaining accurate company information with ACRA.
ACRA compliance services are specialized offerings aimed at assisting businesses in Singapore with fulfilling their regulatory obligations as mandated by the Accounting and Corporate Regulatory Authority (ACRA). ACRA is the national regulator of business entities, public accountants, and corporate service providers in Singapore. Its primary objective is to ensure the transparency, integrity, and accountability of the corporate sector. ACRA compliance services encompass a range of activities designed to help companies comply with ACRA’s requirements, including company registration, filing of financial statements, maintenance of registers and records, and adherence to corporate governance standards.
Following governance standards
- Ensure proper registration of your business entity with ACRA. This includes registering a new company, branch office, or representative office, and updating any changes to
- Submit annual returns to ACRA within the stipulated timeframe.
- This includes information about the company's registered office address, shareholders, directors, and financial statements.
- Inform ACRA about any changes in the company's officers, such as directors, secretaries, and auditors.
ACRA compliance
- Implement robust corporate governance practices to ensure transparency and accountability.
- Promptly update changes in company officers and particulars with ACRA.
- Adhere to the regulations outlined in the Companies Act and other relevant legislation.
- Maintain accurate and up-to-date company records and registers.
ACRA compliance services involve various tasks and responsibilities aimed at ensuring that businesses in Singapore operate in accordance with the regulatory framework established by ACRA. This includes assisting companies with the registration and incorporation process, ensuring that they maintain accurate and up-to-date corporate records, and facilitating the submission of statutory filings and reports. ACRA compliance services also encompass providing guidance and advice on corporate governance practices, regulatory changes, and compliance obligations specific to each client’s industry and business activities. Additionally, these services may include conducting internal audits, reviewing corporate governance structures, and implementing measures to address any compliance gaps or deficiencies identified.
