What is in ACRA?

The Accounting and Corporate Regulatory Authority (ACRA) is the regulator of business registration, financial reporting, public accountants and corporate service providers; it also facilitates enterprise. We provide a trusted and vibrant environment for businesses to thrive and flourish, and contribute towards making Singapore the best place for business.

The mission of ACRA is to provide a trusted and vibrant business environment in Singapore. ACRA’s role is to achieve synergies between the monitoring of corporate compliance with disclosure requirements and regulation of public accountants performing statutory audit.

ACRA was formed as a statutory board on 1 April 2004, following the merger of the then Registry of Companies and Businesses (RCB), and the Public Accountants’ Board (PAB).

ACRA is responsible for the following functions:

  • To administer the Accounting and Corporate Regulatory Authority Act 2004, the Accountants Act 2004, the Business Names Registration Act 2014, the Companies Act 1967, the Limited Liability Partnerships Act (2005 , the Limited Partnerships Act 2008  and the Variable Capital Companies Act 2018;
  • To report and make recommendations to, and advise the Government on matters relating to the registration and regulation of business entities, public accountants and corporate service providers;
  • To establish and administer a repository of documents and information relating to business entities, public accountants and corporate service providers and to provide access to the public to such documents and information;
  • To represent the Government internationally in matters relating to the registration and regulation of business entities, public accountants and corporate service providers; and
  • To promote public awareness about new business structures, compliance requirements, corporate governance practice and any matter under the purview of the Authority.