Accounting And Corporate Regulatory Authority (ACRA) will be implementing a new requirement for all companies, unless exempted, to lodge information on their Registers of Registrable Controllers (RORC) with ACRA via BizFile+ with effect from July 2020. This is new addition to the existing requirements for companies to maintain a RORC at the registered office address.

The RORC information lodged with ACRA will be accessible to public agencies in Singapore such as law enforcement agencies. Members of the public will not be able to access the RORC information or purchase any extracts of these lodgements.

Companies are required to continue to maintain a RORC at the registered office address, and update any changes to the RORC information prior to updating the same information with ACRA within two business days.
For more information, please visit ACRA’s website at:
https://www.acra.gov.sg/corporate-service-providers/register-of-controllers

We will be sending letter of authorisation and Register of Registrable Controller in our record for signatories for lodging the RORC information with ACRA.

Please take note that your reply is mandatory and above registers have to be updated. For companies that failed to lodge RORC with ACRA will be guilty of an offence, and shall be liable upon conviction, to a fine not exceeding $5,000.

In today’s fast moving digital world, organisations are collecting more data today than a decade ago. The ability to utilise such data is no longer a competitive advantage, but a core business competency. The managing of data, in particular personal data is important, as a prudent data protection strategy build trust with stakeholders like your customers, employees and trading partners.

Under the Personal Data Protection Act (PDPA), organisations are required to develop and implement policies and practices to meet their personal data protection obligations. Designating at least one individual as the organisation’s DPO, and making available the DPO’s business contact information (BCI), which is mandatory under the PDPA, will help your organisation along this journey.

The Personal Data Protection Commission (PDPC) collaborated with the Accounting and Corporate Regulatory Authority (ACRA) to develop an eService to enable business entities registered with ACRA (including sole-proprietorships, partnerships, limited partnerships, limited liability partnerships and companies) to register and update their DPO’s BCI via ACRA’s BizFile+ portal using their CorpPass accounts.

With this collaboration, the PDPC will no longer accept registrations and updates of DPO BCI via its web-forms.

To register your DPO, login to ACRA’s BizFile+ portal (www.bizfile.gov.sg) using your CorpPass account and select eServices > Others > 3. Register/ Update Data Protection Officer(s).

For more information, you can PDPC at info@pdpc.gov.sg

Our Cowork space offer its members free usage of accounting and inventory software. This is one of our initiative to give entrepreneur, start up a helping hand in getting their accounts in shape easily.

Our members will be delighted to work in Exes’ new fully-equipped office, complete with FREE usage of Madsoft Solutions for our members! Madsoft Solutions is an IRAS-compliant, easy-to-use Accounting and Inventory software that helps our members accelerate business efficiency.

Located at 205 Balestier Road, #02-06, CoWork by Exes is a cosy office that provides the convenience of a modern day office. Contact us today for a viewing of office or a demonstration of Madsoft Solutions!

Call us at 6694 3580 or email enquiry@exes.com.sg for a viewing session of our CoWork space in Balestier.

Call us at 6296 9919 (ext 116/126/136) or email enquiry@madsoft.com.sg for a demonstration of Madsoft Solutions.

Learn more about CoWork by Exes here.

Learn more about Madsoft Solutions here.