Renew Business Registration
To renew your business registration in Singapore, you will need to:
Check your business registration expiry date. You can do this by logging into BizFile+ and searching for your business by name or UEN.
Ensure that you have met all renewal requirements. This includes ensuring that your Medisave contributions are paid up-to-date with the CPF Board, and that you have filed all required annual returns with ACRA.
Log into BizFile+ and start the renewal process. You will need to select the type of business entity you are renewing, and provide some basic information about your business.
Pay the renewal fee. The renewal fee is S$600, plus a variable fee depending on the number of listed companies (if applicable). You can pay the fee online using a credit card, PayPal, Google Pay, or Apple Pay.
Submit your renewal application. Once you have submitted your application, ACRA will process it and send you a notification when your renewal is complete.
You can renew your business registration up to 60 days before the expiry date. However, it is recommended that you renew your registration as early as possible to avoid any late penalties.
If you are late in renewing your business registration, ACRA may impose a late penalty of S$100 per month. If you do not renew your registration within 12 months of the expiry date, ACRA may strike off your business from the register.
If you have any questions about renewing your business registration, you can contact ACRA for assistance.
Here are some additional tips for renewing your business registration in Singapore:
Make sure that you have all of the necessary information ready before you start the renewal process. This includes your business registration number, UEN, and Medisave contribution status.
If you are renewing your registration for a company, you will also need to provide the names and addresses of all of your company directors.
If you are changing any of your business information, such as your address or business name, you will need to update your business profile in BizFile+ before you submit your renewal application.
Once you have submitted your renewal application, review the confirmation carefully to make sure that all of the information is correct.
Keep a copy of your renewal confirmation for your records.
You can also engage the services of Bestar to help you with the business registration renewal process.
Bestar Helps You with Business Registration Renewal Process
You can engage the services of Bestar to help you with the business registration renewal process in Singapore. Bestar is a registered filing agent with ACRA, and we offer a variety of services to businesses, including business registration, renewal, and compliance services.
Here are some of the benefits of engaging a registered filing agent to help you with your business registration renewal:
Convenience: A registered filing agent can take care of the entire renewal process for you, saving you time and hassle.
Expertise: Registered filing agents are experts in Singapore business law and regulations, so you can be confident that your renewal will be processed correctly and on time.
Peace of mind: Knowing that your business registration is in good hands can give you peace of mind so that you can focus on running your business.
If you are considering engaging the services of a registered filing agent to help you with your business registration renewal, contact Bestar.