ACRA have recently updated their guidelines therefore bringing it transparently in line with other jurisdictions. Following this, businesses will be offered a copy of their business profile and the amount of information available for public use will increase substantially.

ACRA introduces new regulatory fee structure

The Accounting and Corporate Regulatory Authority (ACRA) in Singapore has announced changes to its regulatory fee structure for businesses. Its current regulatory fee structure will also be streamlined, with one off transactions previously charged under a pay-per-use model, to be made free of charge.