Failure to update company address

July 8th, 2008

With regards on my previous post on “Inaccurate company information provided by ACRA“, I just found out ACRA won’t pursue the matter if the company did not update their address.

They will send letters to make sure that the owner did their job to update it. At the most, the owner will get a penalty.

Hello, they did not update the company profile for MONTHS.

I know Singapore are pro-business. However, looking at my situation, I found myself no place I can seek help from. The company just vanished into thin air. And it’s really a lot of patience waiting for the company profile to be updated. Approach the director home and just passing her family member a namecard warrant a so called report for harassment?

It’s like throwing money into a blackhole and expect things to come out. The only way is to stop or throw more money in.

Hmmm another lesson learnt.

Inaccurate company information provided by ACRA

July 4th, 2008

Just wondering, is it a offense for business owner not to have their company information updated in ACRA? I’m not a business student and hence I’m not quite sure. When I asked the tenant occupying the office, I was told they have been occupying the place for a few months!

I was told by my close friends that the business owner should be responsible for updating the information.

Should I make such a big fuss over it? Is it an offense or is this something very common? Some business student please help.


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