BizFile is a system that was created for the purpose of allowing companies to make applications and submissions via an online portal. This is extremely convenient as BizFile can be accessed from anywhere as long as one has access to an internet connection.
The only downside is that logins are only allowed for individuals holding a SingPass account. This is a special electronic identity that is only given to Singapore citizens and permanent residents.
Foreigners can still apply for an ACRA BizFile, but only if they hold either of the following passes:
In recent years, the Singapore Government has launched digital ID for business entities known as CorpPass. It has since replaced SingPass, which was previously widely used as the main login method. Having said that, foreigners need to engage a corporate service provider to access BizFile+ to complete any transactions.
According to ACRA’s regulations, all companies must complete all company registration statutory obligations and ongoing compliance requirements in the Companies Act. The following list are common tasks: