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ACRA is the regulator of business registration, financial reporting, public accountants and corporate service providers. ACRA is also responsible for developing the accountancy sector and setting the accounting standards for companies, charities co-operative societies, and societies in Singapore.
Location of Singapore Singapore is a sovereign island country in maritime Southeast Asia. A global city, it has a highly developed market economy, based historically on extended entrepôt trade and more recently as a financial hub as well. Its economy is known as the most freest, most innovative, most competitive, most dynamic and most business-friendly in the world by various multinational ...
The MOF oversees 3 statutory boards, which are the Accounting and Corporate Regulatory Authority (ACRA), Inland Revenue Authority of Singapore (IRAS) and Tote Board. It also had 3 departments, the Accountant-General's Department (AGD), Singapore Customs [2] and VITAL.
Central Register of Entities – National Register of Taxpayers (in Polish) [148] – tax register which assigns the Tax Identification Number (NIP) to all taxable entities, including companies, with the exception of natural persons not registered in the Central Registration and Information on Business, as they are required to use their ...
Singapore: SG1CF3000008: 28 June 1999 A-Sonic Aerospace Limited: Singapore: SG1CH8000009: 17 September 2003 ABF Singapore Bond Index Fund: Singapore: SG1S08926457: 31 August 2005 ABR Holdings Limited: Singapore: SG0533000253: 7 November 2008 Abterra Ltd: Singapore: SG2C12961455: 15 June 2000 Accordia Golf Trust: Singapore: SG1AB5000009: 1 ...
A company register serves a purpose of protection, accountability and control. In contrast many countries also operate a statistical business register which has a different purpose and plays a central part in a system of official economic statistics at a national statistics office .
The system was first conceived by the Pro-Enterprise Panel, a joint public-private sector panel chaired by the Head of Civil Service, Singapore. The panel received business feedback to cut red-tape in making it easy to start businesses in Singapore. Small and medium enterprises were the main target of the OBLS project due to their large number.
Currently, the Singapore Public Accountants Oversight Committee (PAOC) of the Accounting and Corporate Regulatory Authority, [1] established under the Accountants Act to determine, prescribe and review the requirements to be satisfied by people seeking to be registered as public accountants in Singapore, will not register any person as a public accountant unless the person is a member of ISCA.