By MoneyBees
Work out ACRA's fees to register and keep a sole proprietorship, partnership, LP, LLP or Pte Ltd: name application, registration, renewals, annual returns and late lodgement penalties.
S$15 for the name application and S$300 to register a private limited company, S$315 in all. After that, each annual return costs S$60.
S$15 for the name and S$100 to register for 1 year, or S$160 for 3 years if you meet CPF Board's conditions. Renewal costs S$30 for 1 year or S$90 for 3 years.
S$15 for the name and S$100 to register. Each year the LLP files an annual declaration, which costs S$30.
No. The S$15 is not refunded if the name is not approved or you withdraw. An approved name is reserved for 120 days, and you must register the business within that time.
For annual returns due from 14 Jan 2022, ACRA's late lodgement penalty is S$300 if you file up to 3 months late and S$600 if more than 3 months late. ACRA may instead offer a composition sum or prosecute.
Yes. Self-employed owners must have paid their MediSave contributions, or be on an instalment plan, before they can renew. The 3-year renewal needs no MediSave outstanding or 24 months of instalments paid.
ACRA can cancel the registration 60 days after it expires. You can renew up to 60 days before the expiry date.
You can apply for an extension of time to hold the AGM or file the annual return. Each application costs S$200 and gives up to 60 days.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).