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ACRA is the organization in charge of making sure businesses and professionals in Singapore follow the rules. They take care of things like companies, accountants, and services for businesses. ACRA’s job is to make sure everyone follows the laws, helps companies manage themselves well, and keeps a record of important information.

Functions of ACRA

  1. Makes New Company Records: ACRA keeps track of all the new companies that start in Singapore.

  2. Gives Companies UEN: It gives each company a unique number called a UEN (Unique Entity Number). This helps identify them.

  3. Manages Companies Act: ACRA makes sure that companies follow the laws stated in the Companies Act.

  4. Collects Company Info: ACRA gathers information about companies, like who the directors are, who the shareholders are, and other important details.

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