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Closing a Business

Questions

 

  1. When does ACRA send the cancellation notices?
  2. I have received a cancellation notice from ACRA but have no intention to renew my business registration. Do I need to notify ACRA or take any further action?
  3. What should I do if I receive the cancellation notice and I do not wish to continue my business?
  4. I received a Cancellation Notice and wish to renew the business registration. Is this possible?
  5. My business has been cancelled. How can I revive it?
  6. How do I close my business?
  7. I do not wish to carry on business. How can I close my business firm?
  8. What is the difference between termination and cessation of business?
  9. I do not wish to carry on business after the expiry of the business registration. What can I do to close the business?
  10. My business registration has expired and I have received a cancellation notice from ACRA. I do not wish to carry on business. What should I do?
  11. My business registration has expired. Will ACRA cancel the business?
  12. I have terminated the business online and paid the filing fee of $20. Why does the business profile show that the business is still live?
  13. I terminated my business registration by mistake. Can I undo the termination?
  14. I want to close my business. Do I need to secure the consent of my partners?
  15. I want to close the business but cannot locate my partners. How can I close the business?
  16. What is the fee for terminating a business?
  17. What is the fee for filing a notice of cessation?
  18. I have terminated my business. Can I register a new business using the same name?
  19. ACRA has cancelled my business registration. Can I still carry on business?
  20. I have terminated the business. Will ACRA inform the other agencies?
  21. I want to close the business but my partners do not agree. What can I do?
  22. Why does ACRA send so many copies of the cancellation notice by registered post?
  23. I have received the cancellation notice and need more time to renew. Can I apply for an extension?
  24. My business registration has been cancelled. Can ACRA reinstate the business to live?
  25. If my business registration is cancelled and I register a new business, do I retain the same registration number and the date of registration?
  26. If I am issued with a new registration number, how will I convince the other agencies that it is the same business firm?
  27. I want to do business with a business firm. However the status is shown as registration expired and has not been renewed. What does this mean?
  28. Does ACRA have the power to cancel my business registration?
  29. Will ACRA notify me once the business is cancelled?
  30. I have received a cancellation notice. Can I renew the registration without paying my Medisave with the CPF Board?
  31. How do I terminate my business firm?
  32. How to cease my business firm?
  33. Do the partners need to endorse the transaction to cease business?
  34. Why do I have to pay for termination when the filing of the notice of cessation is free of charge?
  35. Can I postdate the termination date?
  36. When can I file for notice of cessation?
  37. I am unable to terminate my business on the business expiry date. What should I do?
  38. I have received a cancellation notice from ACRA. What should I do?
  39. How long can I postdate the termination date if I want to terminate the business and incorporate a company?
  40. Can I postdate the termination date to a date after the expiry of the business registration?
  41. Do I still need to renew my business registration if the renewal date falls within the post-dated termination?
  42. Is there any implication if I allow my business registration to be cancelled by ACRA without taking step to terminate or cease my business?
  43. If there is a disagreement between the business partners and none of them wants to terminate or cease the business, what can I do?
  44. I am the manager of the business firm. Can I terminate the business?
  45. Do I need to inform IRAS that my business is terminated?
  46. Will I be black listed if my business registration is cancelled by ACRA?
  47. Can a local manager terminate the business on the behalf of the owner who is a foreigner?
  48. What happens if I do not renew the business registration?

 

 

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

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Tel:(65)6221 4711/ (65) 8484 8816
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