What is ACRA bizfile Singapore?? It is an online platform provided by the Accounting and Corporate Regulatory Authority (ACRA). This platform is designed to enable businesses and individuals to access various services related to business registration, submission of legal documents, and business information. If you require these services, you can visit our Incorporation Singapore, we can assist you. If you have a business and want to establish your business in Singapore, you need to register your business with ACRA, your company secretary needs to consistently interact with Bizfile.

ACRA Bizfile

In 2004, ACRA mandated companies to submit all applications online through BizFile. ACRA’s BizFile serves as a web system facilitating company registration, cessation, document administration, financial matters, and reporting systems. The goal is to eliminate paper usage and expedite the processing of various applications online without long waiting times. So, what are the benefits of using BizFile?

1. Cost savings as there is no need to use paper.
2. Facilitates easy online registration without the need for in-person visits.
3. Monitoring of business data from ACRA BizFile can be done directly, especially concerning the handling of business information.
4. Information about new regulations can be easily updated and viewed.

How’s ACRA Bizfile work

If you are a foreign national, every business person or entrepreneur building their business in Singapore must have at least 1 secretary who is a Singaporean; this is highly mandatory. You can also contact our Secretarial Services for assistance. All information about your company will be entered into the Accounting and Corporate Regulatory Authority (ACRA) System or, as it is commonly known, Bizfile.

Residents can access this directory themselves, while foreign nationals need to engage an agency for this purpose. Here are the activities you may need for your business:

1. Company Registration: The process of officially establishing and incorporating a company.
2. Company Cessation: Notifying authorities and completing the necessary procedures when a company is ceasing its operations or closing down.
3. Inform ACRA About Company Address: Providing updates to the Accounting and Corporate Regulatory Authority (ACRA) regarding any changes in the registered address of the company.
4. Inform ACRA About Company Hierarchy: Reporting any changes or updates in the organizational structure or hierarchy of the company to ACRA.
5. Annual Return Filings: The submission of the annual return, which includes financial statements, to ACRA as part of the regulatory requirements.
6. Updates on Various Changes in Your Business (Data/Documents, Industry Reports, Business Profile): Keeping ACRA informed about any alterations in business details, submitting necessary documents, industry reports, and updating the overall business profile.
7. Accessing the Central Directory of UEN (Unique Entity Number): Utilizing the central directory to access information related to Unique Entity Numbers assigned to businesses in Singapore.

The ACRA Bizfile is an online system designed for uploading, storing, and for access information about organizations in singapore. Since 2004, ACRA has advised the online submission of all filings online via BizFile+.

How to register my company using Bizfile

Here are the steps on how to register a company in BizFile.

1. Access BizFile: If you have an account, log in, and if you don’t, you need to register.
2. Choose the registration type: Select the registration option based on the type of company you want to register (private limited company, partnership, or foreign company branch).
3. Fill out the registration form: Complete the registration form with required information such as company details, shareholder information, and business address. Ensure to provide accurate and comprehensive information.
4. Select a company name: Determine the company name you want to register, ensuring it is not already in use by another company and complies with applicable guidelines.
5. Pay company fees: Make the registration fee payment according to your company category, and be sure to keep proof of payment.
6. Document verification: Upload necessary documents such as shareholder identification, power of attorney, and any required documents.
7. Review and submit the registration: Double-check the accuracy of the data you entered into BizFile.
8. Wait for approval: This process may take time due to factors like application type and the workload of the relevant authorities. Processing times can vary and depend on specific processes involved, so be sure to monitor the registration status regularly.
9. Receive registration certificate: If the registration is approved, you will receive an official registration certificate. Keep this certificate safe as it serves as valid proof of your registration.
10. Fulfill other obligations: Once registration is complete, ensure you fulfill other obligations such as tax payments or annual reports.

If you need assistance with this service, we can help you, Let us help you

How to check your ACRA Business Profile

1. Go to Official website : https://www.acra.gov.sg/ 
2. Acces”Find information”
3. Enter Business name or Registration number
4. Review Search results
5. View Business Profile
6. Purchase Business Profile report, if you need more comprehensive information, you may have the option to purchase a business profile report.
7. Contact ACRA for Assistance : If you encounter issues or need further assistance in obtaining specific information, you can contact ACRA directly. telephone number 6248 6028 from 8.30am to 6.00pm (Monday-Friday except for public holidays). Or you can send your enquiries to ACRA Enquiry.

Is it mandatory for freelancers to register with ACRA?

No, it is not mandatory for freelancer in Singapore to register with ACRA:

However, if you are registering a business entity ( like A sole proprietorship or Private Limited Company ) might be benefical for freelancer, such as:

1. Protection of personal assets: Registering your business can shield your personal assets from legal risks.
2. Enchanced credibility: Incorporating your business can enhance your professional images and build trust with clients.
3. Access to government schemes: incorporating your business could open up access to government funding opportunities.

If you are considering incorporating your freelancer becoming business entity, it’s recommended to consult with an accountant or business advisor to understand the specific requirements and benefits for your situation. Are you considering incorporating your business? Find out more about the registration process “in here”.