Further Extension of Time Granted by ACRA with No Filing Penalties


Earlier, the Accounting and Corporate Regulatory Authority ("ACRA") announced the implementation of a central register of controllers and that all corporate entities (i.e. companies, foreign companies and limited liability partnerships) are to file their register of registrable controllers ("RORC") information with ACRA by 29 September 2020.

ACRA has recently announced that due to maintenance of its Bizfile+ portal, it will suspend the BizFile transaction “Update Register of Registrable Controllers” until December 2020. The deadline to file RORC information is now extended to 31 March 2021.

In addition, ACRA understands that corporate entities may not be able to file its annual returns and other Bizfile transactions on time. Hence, ACRA also announced the following: -

  1. Entities with annual statutory filings such as annual returns due between 8 September 2020 and 31 October 2020 will have up to 30 November 2020 to complete its statutory filing, with no late filing penalties imposed.
  2. Entities which are required to file other adhoc statutory filings such as change in company information or personal particulars of company officers etc which are due from 8 September 2020 onwards will have up to 30 November 2020 to complete its filing, with no late filing penalties imposed.

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