Frequently Asked Questions

Questions

acsgrp acsgrp

Yes. You can submit an appeal for the proposed name by stating a valid reason. It will take approximately 3 working days to process the appeal application. The appeal fee is $15 and this fee is non-refundable if the appeal is rejected.

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acsgrp acsgrp

Yes, you can get the identical name approved if at least:

·        2 years have passed since the date the company was dissolved, following its winding up;

·        6 years have passed since the date when the company was dissolved, following its name being struck off the register;

·        one year has passed after the date of cessation or cancellation of a person’s registration and registration of that business name;

·        2 years have passed after the date of dissolution of a foreign company which has given a notice of dissolution to the Registrar;

·        2 years have passed after the date when a limited liability partnership was dissolved following its winding up;

·        6 years have passed after the date when a limited liability partnership was dissolved following its name being struck off the register;

·        one year has passed after the date of cancellation of a limited partnership registration;

·        one year has passed after the date of dissolution of a limited partnership which has lodged a notice of the dissolution with the Registrar;

·        2 years have passed after the date when a variable capital company was dissolved following its winding up;

·        6 years have passed after the date when a variable capital company was dissolved following its name being struck off the register.

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acsgrp acsgrp

After the name application has been approved, your company name will be reserved for 120 days. If you do not register the business or incorporate the company within these 120 days, the name will no longer be reserved and will be made available to other members of the public.

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acsgrp acsgrp

To lodge a complaint, a complaining party has to prove that your registered company name is any of the following:

·        undesirable;

·        identical to the business name of another company, variable capital company, limited liability partnership, corporation or business;

·        of a kind the Minister of Finance has directed the Registrar not to accept;

·        so nearly resembles the complainant's business name as to be likely to be mistaken;

·        one the use of which has been restrained by an injunction granted under the Trade Marks Act.

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acsgrp acsgrp

It is not necessary to update or inform IRAS separately about the company name change, as IRAS updates its records based on the information filed with ACRA on a weekly basis. However, if you are expecting a tax refund or correspondence from IRAS shortly, your company's name must be updated in IRAS records. In such a case, you should inform IRAS immediately.

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acsgrp acsgrp

Singapore provides a range of options for the closing of business entities and companies, from choosing to strike off or winding up. The option you choose would depend on the state of affairs of the business entity and your business strategy.

In general, you may close a company by the following three options:

·       Striking Off a Company

·       Winding up a Company or Liquidation of a Business

·       Closing the local branch of a foreign company in Singapore

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Saturday, 30 December 2023 08:00 Saturday, 30 December 2023 08:00