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FAQs  Changes to Company


Do I need to file any transaction to notify ACRA if the building name in my registered entitys address has been changed?

No. ACRA will automatically update the change once we receive the information from SingPost.



Who will be notified of the building name change?

Local directors, owners, partners and agents of foreign companies will be notified of the new building name via email or SMS, provided, they have already given us their email address/Singapore local mobile numbers before.



When will the information of the new building name be updated?

The new building name will be updated monthly and within 1 week upon receiving the information from SingPost. The monthly information provided by SingPost will consist of changes from the 11th of the previous month till the 10th day of the current month. Any change of building name after the 10th of each month will be reflected in the following month's update.



How do I update my paid-up capital via Bizfile?

You may update the paid-up capital in the Annual Return para 6 (vi) under "Calls". Information will be updated after filing of the Annual Return.

You may also update in the "Notice to Update Paid Up Capital" transaction before filing of the Annual Return.



How do I update my new shares?

Please update in the 'Return of Allotment of Shares' transaction and complete the details under the necessary columns.



How can I change the address of a private limited company's shareholder?

Please submit the Notice by Local Company of Transfer of Shares/List of Shareholders transaction.



Is there a time limit for filing of 'Transfer of Share/List of Shareholders' with ACRA?

No, there is no time limit for the filing as long as it is done before filing of Annual Return.



What is the procedure to buy or sell the shares?

The procedure of buying and selling shares is an internal management issue as it varies from company to company. In regard to this, please seek professional advice.



How do I change the description of the SSIC code indicated in our 'New Local Company Name Application'?

Please proceed to Local Company Transactions ---->Changes to Local Company ---->Change in Company Activity/SSIC Code to be reflected in Business Profile and update accordingly.




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Mr.Eric Eio ,Partner
-CPA & B.Com (Uni Of Sydney)

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