On Jan. 21, 2025, SIN ACRA extended waiver of late filing penalties for BizFile submissions to Mar. 15, 2025, due to some users encountering challenges with filing.
SIN ACRA will waive late filing penalties for statutory and ad hoc filings due between Dec. 9, 2024 and Feb. 28, 2025; in addition, the extended deadline applies to annual returns and other statutory filings, which must be submitted by Mar. 15, 2025.
General lodgment transactions will reflect actual transaction date in Bizfile records.
On Oct. 1, SIN ACRA extended renewal of certificate of registration.
SIN ACRA announced the early and extended renewal of certificate of registration by public accountants for 2025 starting from Oct. 1, 2024, to streamline processes.
Follows SIN ACRA Oct. 2023, updated on certificate renewals for 2024, see #189715.
Background
As the current BizFile+ will undergo a system revamp at the end of this year, SIN ACRA will commence the renewal process earlier, to enable public accountants to renew their certificates of registration using the current BizFile+ system.
Public accountants who wish to renew their certificates of registration for 2025 should submit their renewal applications via BizFile+ portal by Nov. 19, 2024.
CPE, Client Requirements
The deadline for public accountants to comply with the continuing professional education (CPE) requirements for renewal of their certificates remains Dec. 31, 2024.
For renewal purposes, public accountants who have yet to meet the CPE hours at the point of applying for renewal may still submit their applications in BizFile+.
They shall enter details of courses attended in 2024, up to their renewal application.
When completing the renewal application, public accountants may provide the number of clients that they, and the entities in which they are practising, have audited in 2024.
Number of clients should be based on the actual number as of the date of the renewal application and an estimate for the period from the date of renewal to Dec. 31.
The number of clients impacts the amount of renewal fees payable, which is a fixed sum of SGD 600 and a variable sum according to the number of companies audited.
Effectiveness
Deadline for registration and renewal is Nov. 19, 2024.
Oct. 2024 SIN ACRA BizFile+ Migration
On Oct. 17, 2024, SIN ACRA said that BizFile+ will be migrating to a new Bizfile portal.
New Bizfile portal is launching on Dec. 9, 2024, replacing the current BizFile+ system.
Online services suspended from 8pm, Dec. 4 to 8am, Dec. 9, 2024, for data migration.
All online filing, registration services will be unavailable during migration period, with some services further unavailable during the periods from Nov. 20 and Nov. 27, 2024.
No late filing penalties for returns due Dec. 4 to 9, 2024, deadline extended to Dec. 16.
ACRA iShop, API Marketplace, API Mall unavailable Dec. 4-9, 2024, information will still be available through ACRA's list of authorized information service providers (ISPs).
Complete all filings/transactions by 8pm, Dec. 4; incomplete transactions will require re-application after Dec. 9, 2024, there will be no refunds for incomplete transactions.
In Nov. 2024, SIN ACRA issued notice on DPO registration availability, see #234103.
Dec. 9, 2024 New BizFile Portal Launch
On Dec. 9, 2024, SIN ACRA launched new Bizfile portal for business registry filing services, with enhanced features for registry filings, business data access, API service.
Added new data integrity features to enhance filing accuracy, data quality governance.
Strengthened personal data protection, with contact address mandatory, see #203351.
Expanded access to business data resources to support business growth initiatives.
Dec. 21, 2024 Extended Deadline
On Dec. 21, 2024, SIN ACRA provided reliefs to affected business entities, corporate service providers who have difficulties lodging statutory filings in the Bizfile portal.
All statutory filings such as annual returns, ad hoc filings with due dates falling within the period from Dec. 9 to Dec. 20, 2024, will have up to Dec. 27, 2024 to file.
No late lodgment penalties will be imposed for filings made by Dec. 27, 2024.
Dec. 27, 2024 Late Filing
On Dec. 27, 2024, SIN ACRA announced an extension of the above waiver of late filing penalties due to some users experiencing technical difficulties with the Bizfile system.
General lodgment transactions will reflect actual transaction date in Bizfile records.
Jan. 2025 Extended Waiver
On Jan. 21, 2025, SIN ACRA extended waiver of late filing penalties for BizFile submissions to Mar. 15, 2025, due to some users encountering challenges with filing.
SIN ACRA will waive late filing penalties for statutory and ad hoc filings due between Dec. 9, 2024 and Feb. 28, 2025; in addition, the extended deadline applies to annual returns and other statutory filings, which must be submitted by Mar. 15, 2025.
General lodgment transactions will reflect actual transaction date in Bizfile records.
