🔹 Definition
BizFile is the online business filing and information portal operated by the Accounting and Corporate Regulatory Authority (ACRA) of Singapore. It serves as the central platform for the registration, updating, and retrieval of corporate information for all entities registered in Singapore, including private limited companies, partnerships, sole proprietorships, and foreign branches.
BizFile allows businesses, regulators, financial institutions, and the public to access official business records such as incorporation details, business profiles, shareholder and director information, annual returns, and filing history. It is an essential tool for Know Your Business (KYB) checks, due diligence, and regulatory compliance in Singapore.
🔹 Frequently Asked Questions (FAQs)
Q1: What services can be performed through BizFile?
Common functions include:
- Company incorporation and cessation
- Filing of annual returns and financial statements
- Updating shareholder, director, or registered address details
- Purchasing business profiles and official documents
- Submitting statutory declarations or notices to ACRA
Q2: Who uses BizFile?
Users include:
- Corporate secretaries and directors
- Financial institutions conducting KYB or onboarding checks
- Compliance officers performing due diligence
- Auditors, lawyers, and investigators needing verified business data
Q3: Is BizFile data publicly accessible?
Yes. Basic company information can be accessed by the public, while more detailed records (e.g., business profile, financials) are available for purchase through the portal. This transparency supports trust, accountability, and regulatory oversight.
Q4: How does BizFile support AML/CFT compliance?
BizFile provides official, up-to-date records that help verify the legitimacy of Singapore-registered entities and identify key persons involved. It is often used by regulated businesses to meet AML/CFT obligations related to entity verification, beneficial ownership, and ongoing monitoring.
