Postponement of 2-tier penalty framework

The 2-tier penalty framework for filing of annual returns and annual declarations by Singapore companies, Variable Capital Companies (VCCs) and Limited Liability Partnerships (LLPs) will be deferred. It was supposed to take effect from the 30th of April 2021. The current penalty framework will continue to apply: Late lodgement penalty for Local Companies: Flat rate of [...]

By |2021-06-22T13:09:49+08:00June 22nd, 2021|Latest News and Announcements|

Notification to Declare Onsite Manpower Details

This is an announcement that all company officers should have received via email. We are reproducing this email to help get this message out to all companies. Dear Sir / Madam, 1. As announced under Phase 2 (Heightened Alert) on 16 May 2021, work-from-home will be the default at workplaces. Employers must ensure that employees [...]

By |2021-05-25T13:26:13+08:00May 25th, 2021|Latest News and Announcements|

Update on BizFile+ – Longer Time for Filing and No Imposition of Filing Penalties

[ANNOUNCEMENT ON ACRA.GOV.SG] We thank our BizFile+ users for their patience and understanding in the past one week while we are working urgently to resolve the system slowness and intermittent disruption issues. We sincerely apologise for the inconvenience users may have experienced. As we expect the traffic to the portal to continue to be high and [...]

By |2020-09-18T12:03:01+08:00September 18th, 2020|Latest News and Announcements|

Update on BizFile+ e-services

BizFile+ portal will be available from 14 Sep at 6am onwards. The  “Update Register of Registrable Controllers (RORC)” transaction in the Bizfile+portal will continue to be suspended.  Advance notice will be given when the lodging of RORC information resumes and a revised deadline is set. As previously announced, penalties for statutory filings with due dates between [...]

By |2020-09-14T10:29:11+08:00September 14th, 2020|Latest News and Announcements|

Important notice on filing of RORC information

Dear Sir/Madam,   Important notice on filing of RORC information We are suspending the “Update Register of Registrable Controllers (RORC)” transaction in the BizFile+ portal until further notice due to technical issues. ACRA will further extend the deadline for companies and LLPs to lodge RORC information by one month to 31 Oct 2020. As some [...]

By |2020-09-11T12:58:52+08:00September 11th, 2020|Latest News and Announcements|

Extension of Filing Time for Register of Registrable Controllers and No Imposition of Filing Penalties

Due to technical issues with ACRA’s BizFile+ Portal, some users have experienced difficulties with filing transactions over the last few days. The deadline to lodge the Register of Registrable Controllers (RORC) information with ACRA will be extended to 13 Oct 2020. ACRA will also waive any penalties incurred for filings with due dates between 8 Sep [...]

By |2020-09-10T19:18:42+08:00September 10th, 2020|Latest News and Announcements|

Waiver of Late Lodgement Penalties due to Bizfile+ System Issues

Due to technical issues with ACRA’s BizFile+ Portal, some BizFile+ users have experienced difficulties with filing transactions over the last few days. Our IT team is currently working urgently to resolve the issues. 2          As some CSPs have not been able to file transactions for your clients in Bizfile+, ACRA will waive any penalties incurred for filings with [...]

By |2020-09-10T19:21:02+08:00September 10th, 2020|Latest News and Announcements|

Minimum qualifying salary to rise by SGD$600 for Employment Passes and SGD$100 for S Passes. Higher requirements for financial services.

On 27th August 2020, the Ministry of Manpower (MOM) announced changes to its foreign workforce policy.   Changes to the Minimum Qualifying Salary for Employment Pass and S Pass Candidates and renewals For new applicants: From 1st September 2020, It will be raising the minimum qualifying salary for Employment Pass (EP) candidates to SGD$4,500 from [...]

By |2020-08-30T21:00:13+08:00August 30th, 2020|Employment and Immigration, Latest News and Announcements|

Commencement Of New Requirements To Lodge Registrable Controllers’ Information With ACRA From 30 July 2020

Update as of 24 July 2020 The new requirements for companies and limited liability partnerships (LLPs) to lodge their Register of Registrable Controllers (RORC) information with ACRA will take effect from 30 July 2020. Under the law, all companies, foreign companies and LLPs, unless exempted, are required to file the information in their existing RORC with ACRA’s [...]

By |2020-08-21T16:21:11+08:00August 21st, 2020|Latest News and Announcements|
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