Change In Personal Particulars Of
Singapore Company Officers
While registering a company in Singapore, there are a number of statutory requirements that businesses must adhere to in order to successfully incorporate a company.
You have to provide certain details to the registration authorities such as the company name, address, details of key personnel, auditors, etc.
Who Is A Singapore Company Officer?
A Singapore company officer is a high-level management official hired by the board of directors or the owner of a business. Officers can be shareholders or directors of your company, or both and they include the president, vice president, secretary, financial officer or chief executive officer (CEO) and many others depending on the industry your company operates in.
In the course of carrying out your business operations, you might find it necessary to make certain changes to these details. For example, you might want to change the name of your company as part of a rebranding exercise, your registered address, or hire new key personnel, or auditor for your company.
What Are The Personal Particulars Of Singapore Company Officers?
The personal particulars of Singapore Company officers are the information relating to the details of auditors or directors or CEO that needs to be submitted. They include:
What's The Process Of Changing The Personal Particulars Of Singapore Company Officers?
It is important to note that any changes to your company's legal structure, which includes the personal particulars of Singapore company officers must be filed with the Accounting and Corporate Regulatory Authority (ACRA) within 14 days of such change. These changes are timely updated in the records of ACRA.
All local as well as foreign companies must compulsorily update their particulars by filing them via BizFile+ using CorpPass, which has replaced SingPass for businesses transacting with ACRA as of September 2018.
To update these changes, visit https://www.bizfile.gov.sg > File eServices > Local Company > Make Changes > Change in Personal Particulars of Company Officers.
How Much Does It Cost To Change Personal Particulars Of Singapore Company Officers?
There is no fee to file these changes but there is a penalty of up to $350 for late filing.
Furthermore, company officers pay S$40 when applying for an alternate address. Instead of displaying the residential address in public records, the alternate address will be used and it must be within the same jurisdiction as their residential address where the officer can be contacted. ACRA prohibits the use of P.O. Box addresses.
How Can Tianlong Services Help You?
Tianlong Services is a professional accounting and secretarial firm and a registered ACRA filing agent for company incorporation, lodgement of annual returns and filing of changes and updates of company particulars, officers and shareholders.
Contact us today if you need help with changing the personal particulars of your Singapore company officers.
