Company Search in Singapore – All Entrepreneur Should Know
A company search in Singapore or ACRA business search is conducted for several reasons, among which is to verify the legal status and authenticity of the business in question. Having a business in Singapore is a very serious commitment, and therefore, every entrepreneur should endeavour to conduct a company search in Singapore to take a look at the suitability of the business before taking the next steps forward. The information you should keep an eye out for includes the company’s legal background and credit history in particular because you want to avoid getting stuck with a company that has a bad credit record.
A company search in Singapore or ACRA business search can be conducted either through the assistance of a third-party service provider or on your own through the Accounting and Corporate Regulatory Authority (ACRA)’s website. ACRA is provided everyone will a free online directory search, which is open to the public, and you will be able to conduct a company search in Singapore for a business entity simply by typing in the name of the company in question.
When you conduct a company search in Singapore or ACRA business search on ACRA’s website, there will be a business profile of the company available. This report is provided in the form of a PDF document, and it will contain all the basic information about the company, including:
- The business entity’s Unique Entity Number (UEN)
- Name of the business entity
- Business activities
- Date of registration
- Information about the position of the business owners and shareholders.
This information is especially useful if you intend to buy a business profile, which you can also do via ACRA’s website.
How to Conduct a Company Search in Singapore with ACRA
To conduct your business search in Singapore via ACRA’s website, you would simply need to follow the steps below:
- Log onto ACRA’s website and free online directory platform BizFile+
- Key in the name of the company you would like to search for
- Complete the CAPTCHA verification that is required
- You will then be provided with information pertaining to the company
Information to Look Out for In Your Company Search in Singapore
When conducting your business search in Singapore, what you want to look for is the status of the business entity. The “live” status indicates whether the company is currently active and operating or otherwise.
Need Some Help?
Need to do Company Search in Singapore but not sure how to go about it? Contact us for more information or get in touch with any of our friendly and helpful staff today to find out more. 3E Accounting is experienced, dedicated and the best in the field when it comes to everything about Company Incorporation.