While you can conduct a business background check with the help of an outside investigator, you can also do it yourself. The Accounting and Corporate Regulatory Authority (“AIDA”) provided the free online directory search, which allows the public to search for a business entity simply by typing in the company`s name. 1. Access AIDA`s free online directory search platform: www.bizfile.gov.sg/ 2. Enter the “company name” (which you want to verify) Well, let`s face it. This whole thing, when you think about it, is a double-edged sword. Although AIDA Singapore and its directory are excellent for auditing a company registered in Singapore, they do not discriminate. A quick search should even reveal your company details, including Singapore business number, compliance note, company status, and more. There are two main approaches you can use here. If you`re the busy type, you can simply hire an outside researcher to do the research on your behalf. Alternatively, you can do this yourself by searching for company information in various digital directories – starting with the Accounting and Business Regulatory Authority.
Before doing business with a company or perhaps partnering with a company, it`s always a good idea to do your due diligence. You can start with basic credentials such as company registration number before moving on to complicated details such as legal compliance status, legal context, and credit history. The information you discover should give you a clear picture not only of the company`s registration details, but also of its overall business integrity. Just like ordinary individuals, a company/corporation has its own credit history and legal history. Therefore, it is not uncommon for companies or customers to verify the value of the business before establishing a business relationship. This article provides a detailed guideline for auditing a company registered in Singapore. With a single business name, a quick search process could potentially give you the appropriate Singapore Business Register number, as well as the company and its essential history. Singapore is a popular jurisdiction for establishing holding companies that control shares of private companies in other Southeast Asian markets. Companies House allows you to delve deeper into the actual ownership structures of Southeast Asian companies.
A list of financial institutions regulated by MAS and the regulated activities they are licensed to engage in can be found in the Directory of Financial Institutions. Companies House Singapore collects data from various sources such as government records, public websites, information provided by users and makes it easily accessible to everyone worldwide. Talk to our sales experts in Singapore today and let us help you protect your company`s reputation by maintaining a clean compliance record. Companies House is a KYB partner for many international due diligence companies around the world. Companies House maintains a database of over 1.6 million private companies registered in Singapore. Easily buy information about shareholders, directors and company capital structure. Are you receiving a request for financing from a company in Singapore? Our reports help you verify company information. 4. You will then see information about the company.
Make sure a business is up and running and has the necessary licenses. Complete overview of the company`s capital and equity allocation. They may reveal details about the company, such as its exact registration number for Singapore, as well as the dates of filing of annual comments, the dates of the annual general meeting and the filing periods of its financial statements. All of this is accessible remotely and free of charge through AIDA`s official web portal, ACRA BizFile. Once you have processed an order, we will ask you for information from various sources to ensure that you receive the latest information about the company. Here are some of the most common use cases for business profiles ordered from Companies House. 3. You will be asked to go through the CAPTCHA check (Note: CAPTCHA verification is designed to make sure you are human, but not a spammy computer). As the official legal authority for company formation and regulation, ACRA maintains a record of the compliance history of all company registration numbers in Singapore. 1.
Select the company. 2. Purchase the report. 3. Get the report delivered to your inbox. It`s always a good practice to conduct a background check on a new business partner to determine the value of the business. A thorough background check can help you make decisions and protect yourself from fake or questionable businesses.