ACRA Company Search in Singapore: A Complete Guide

The Accounting and Corporate Regulatory Authority (ACRA) is the national regulator of business entities and public accountants in Singapore. ACRA's company search tool allows businesses, investors, and individuals to access valuable information about registered entities in Singapore. Whether you're conducting due diligence, verifying company details, or researching potential partners, the ACRA company search is an essential resource. This guide explains how to use the ACRA company search, what information you can access, and how Apexia Corporate Advisory can assist you.

What is the ACRA Company Search?

The ACRA company search is an online service provided via the BizFile+ portal, ACRA's business filing and information retrieval platform. It enables users to retrieve key information about companies, partnerships, and other business entities registered in Singapore.

Why Conduct an ACRA Company Search?

1. Due Diligence: Verify the legitimacy and standing of a business before entering into agreements.
2. Investor Research: Gather information about potential investment opportunities.
3. Competitive Analysis: Study competitors' details for market insights.
4. Compliance Checks: Ensure compliance when onboarding suppliers or partners.
5. Background Verification: Confirm key personnel details and company ownership.

How to Conduct an ACRA Company Search

1. Visit the BizFile+ Portal

• Go to the official ACRA BizFile+ portal (www.bizfile.gov.sg).

2. Use the Entity Search Tool

• Enter the company's name or Unique Entity Number (UEN) in the search bar.
• Click “Search” to retrieve the entity's public records.

3. Select the Entity

• Browse through the search results to locate the desired entity.
• Click on the entity name to view basic information.

4. Purchase Detailed Reports (Optional)

For more comprehensive information, such as financial statements or shareholder details, you can purchase:

• Business Profile: Contains detailed company information.
• Financial Statements: Includes financial performance metrics (for applicable companies).
• Corporate Compliance Report: Provides a compliance status overview.

Information Available via ACRA Company Search

Basic Information (Free)

• Registered company name.
• Unique Entity Number (UEN).
• Business activity codes (SSIC).
• Registration and incorporation dates.
• Company status (e.g., active, struck off).

Comprehensive Information (Paid Reports)

• Shareholder details.
• Directors and officers.
• Paid-up capital.
• Registered office address.
• Financial statements (if filed).
• Compliance history.

Benefits of Using the ACRA Company Search

1. Transparency: Gain insight into a company's structure and financial standing.
2. Risk Mitigation: Identify potential red flags before entering agreements.
3. Convenience: Access detailed company information online anytime.
4. Regulatory Compliance: Ensure third-party businesses comply with Singapore's regulations.
5. Enhanced Decision-Making: Make informed business decisions based on verified data.

Common Uses of ACRA Company Search

1. Verifying Vendors and Suppliers: Ensure that the companies you work with are legitimate and compliant.
2. Business Partnerships: Evaluate potential partners' credentials and financial health.
3. Investor Due Diligence: Verify the details of businesses before investing.
4. Recruitment Checks: Confirm the directorship history of candidates for senior positions.

Why Engage Apexia Corporate Advisory?

Navigating the ACRA company search can be straightforward, but interpreting and utilizing the data effectively requires expertise. At Apexia Corporate Advisory, we offer:

1. Due Diligence Support:
   • Conduct thorough checks on potential partners, vendors, or clients.
   • Provide detailed reports and analysis tailored to your needs.
2. Corporate Compliance Monitoring:
   • Ensure your partners meet all regulatory requirements.
   • Regular updates on changes in their compliance status.
3. Business Advisory Services:
   • Leverage ACRA data for strategic business planning and risk management.
   • Expert insights into market trends and competitor analysis.
4. Hassle-Free Reporting:
   • Retrieve and interpret complex reports, saving you time and effort.

How Apexia Can Help

By partnering with Apexia Corporate Advisory, you gain access to professional expertise and insights. Our team ensures that you:

• Stay compliant with Singapore's regulations.
• Mitigate risks through accurate and comprehensive due diligence.
• Access and understand critical business data to make informed decisions.

Conclusion

The ACRA company search is an invaluable tool for businesses and individuals looking to verify company details, conduct due diligence, and make informed decisions. With the right guidance, you can leverage this data to enhance your business operations and ensure compliance. Need help conducting an ACRA company search? Contact us today for expert assistance and tailored solutions!