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Bizfile iShop now offers new information products

April 15, 2025

If you’re managing business transactions or setting up a new company in Singapore, here’s some great news: ACRA has made important documents available for purchase through the Bizfile iShop! Now, you can easily access essential business records like the Register of Members (ROM) and Business Entity Extracts for recent transactions, such as entity registrations, annual […]

Accelerated Pathway to CA (Singapore) for ACCA Members

April 04, 2025

ACRA is introducing an accelerated pathway for ACCA members to earn the CA (Singapore) designation, streamlining the process and maximizing professional recognition ACRA and ISCA have launched an enhanced three-year pathway, expiring on 25 March 2028, enabling ACCA members to attain the CA (Singapore) designation. ACCA members with at least 10 years of membership and […]

Tax Season Simplified: 1.9 Million to Skip Filing in 2025

March 21, 2025

The Direct Notice of Assessment (D-NOA) initiative will streamline tax processes for 500,000 taxpayers on the No-Filing Service (NFS). Furthermore, all tax residents will automatically receive a 60% Individual Income Tax rebate, capped at $200. Finally, adjustments have been implemented for dependant-related tax reliefs. For Year of Assessment (YA) 2025, over 1.9 million individual taxpayers […]

Mother and Son Convicted of False IRAS Statements in Stamp Duty Audit

March 07, 2025

Mdm Ng Chiew Yen, 56, and her son, Tan Kai Wen, Keith, 26, were sentenced for providing false information to the Inland Revenue Authority of Singapore (IRAS) during an audit of a ’99-to-1′ property purchase scheme. This marks the first conviction for taxpayers providing false information to IRAS during an audit of ’99-to-1′ property transactions. […]

Pre-filled Tax Returns for 2 Million+ Employees; 120,000 AIS Employers Must File Income Data by 1st March

February 21, 2025

In 2024, 11,000 employers failed to meet the deadline for submitting their Annual Information Statements (AIS), resulting in inaccurate or delayed tax assessments for 140,000 employees. For the Year of Assessment 2025, over two million employees (9 in 10) whose employers participate in the Auto-Inclusion Scheme (AIS) will benefit from pre-filled tax returns, the […]

Precedent Partner Obligations

February 07, 2025

The precedent partner, designated first in the partnership agreement, is responsible for filing Form P. If no agreement exists, the partners must mutually appoint a precedent partner for this purpose. Identifying the precedent partner The precedent partner is the first-named partner in the partnership agreement. If no agreement exists, the partners must mutually appoint one […]

Important Update: Bizfile Filing Deadline and Penalty Waiver

January 22, 2025

ACRA understands that some Bizfile users may have encountered difficulties with recent filings. ACRA is actively working to address these issues and improve the filing experience. They appreciate user patience and cooperation as they strive to provide a seamless and efficient service. Important information: Late Filing Penalty Waiver Extended: Following the previous notice on […]

Go Green This Lunar New Year: Embrace Fit Notes & Digital Gifting

January 08, 2025

Singapore, 2 January 2025… In anticipation of the upcoming Lunar New Year (LNY) celebrations, the Monetary Authority of Singapore (MAS) urges the public to embrace Fit notes[1] or e-hong baos to contribute to a more sustainable future. Online pre-booking of Fit notes for customers of DBS, OCBC, and UOB will commence on 7 January […]

ACRA NRIC Disclosure: Lessons Learned for Businesses

December 26, 2024

19 December 2024 SINGAPORE – In a press conference today, ACRA CEO Mrs. Chia-Tern Huey Min apologised for the recent incident where full NRIC numbers were inadvertently disclosed on the Bizfile portal. Mrs. Chia-Tern acknowledged the public anxiety and concern caused by this incident and reiterated ACRA’s crucial role in fostering a transparent and […]