From 27 March 2026, ACRA simplified access to the free Business Profile. After successful registration or an eligible filing, the document is sent as an attachment to the Bizfile inbox, normally within 15 minutes, and remains available for download for 60 days. For a Singapore company owner this is a useful operational improvement. The Business Profile can be saved immediately in the corporate KYC pack and used for account opening, counterparty checks or payment-service onboarding. The practical strategy is to build the document package alongside incorporation so the company can move quickly from receiving its UEN to banking and contracts.
What changed
Eligibility continues for newly registered entities and for existing entities after specified transactions, including an annual return or other qualifying filings. The free document is made available to the person who lodged the transaction. The revised process removes unnecessary navigation between entity profiles because the notification and attachment arrive directly in the Bizfile inbox. If the 60-day download period is missed, a current profile can be purchased from the registry. It is therefore efficient to download the profile immediately and store it with the constitution and resolutions as core evidence for later compliance checks.
The 2025 legal and practical background
The Corporate Service Providers Act 2024 took effect on 9 June 2025. Businesses providing corporate services in and from Singapore operate within the registered CSP framework and comply with prescribed AML, CFT and proliferation-financing obligations. Nominee directors acting by way of business must be arranged through registered CSPs after fit-and-proper assessment. From 16 June 2025, rules for registers of controllers and nominee arrangements were strengthened, including central ACRA filings for relevant entities. The quality of the corporate secretary and CSP is therefore an important part of the client’s overall structure and ongoing administration.
What to consider in 2026
Key provisions of the Corporate and Accounting Laws (Amendment) Act 2025 began to take effect from 6 May 2026. They include higher maximum penalties for breaches of directors’ duties and additional safeguards against misuse of companies. At the same time, ACRA continues to make routine administration more digital. The operating model is clear: appoint the director and secretary properly, maintain the registered office and statutory registers, complete annual filings on time, and use Bizfile to retrieve current corporate documents. A well-organised archive also makes it easier to respond to banks and counterparties.
Practical use
A Singapore incorporation does not automatically produce a corporate account: banks and EMIs assess the activity, customer geography, source of funds, owner’s experience and expected turnover. The Business Profile provides core registry evidence, while the wider file normally includes the constitution, распределение долей в капитале, contracts, website or presentation. First Offshore Ltd can calculate incorporation and first-year maintenance, organise the corporate file and prepare information for subsequent onboarding. For a quotation, send the activity, customer and supplier countries, currencies and expected turnover.
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If you are considering this jurisdiction for a new project, send First Offshore Ltd the activity, ownership structure, counterparty countries, currencies and expected turnover. We will match the corporate requirements to the practical operating model and prepare an incorporation or maintenance proposal. Singapore remains a stable and effective instrument for international business.