The Ultimate Guide to ACRA Register Business Name

Have wondered importance registering business name ACRA? Well, look provide information need ACRA register business name. As owner, crucial process registering business name benefits come with it.

What ACRA?

The Accounting and Corporate Regulatory Authority (ACRA) is the national regulator of business entities and public accountants in Singapore. It is responsible for the registration and regulation of business entities and public accountants, as well as the implementation of the Companies Act and Limited Liability Partnerships Act.

Why Register Your Business Name with ACRA?

Registering your business name with ACRA offers several benefits, including:

Legal Protection	Professionalism	Brand Identity
By registering your business name, you gain legal protection and exclusive rights to use the name for your business. This can help prevent others from using the same or similar name, protecting your brand and reputation.	A registered business name gives your business a professional image and instills trust and confidence in your customers and partners.	A registered business name helps establish and promote your brand identity, making it easier for customers to recognize and remember your business.

How to Register Your Business Name with ACRA

The process of registering your business name with ACRA is simple and straightforward. You online ACRA`s BizFile+ portal. Need provide basic about business, proposed business name, activities, details owners partners.

Case Study: The Impact of Registering Your Business Name

Let`s take a look at a real-life example of how registering a business name with ACRA can have a positive impact on a business. Company XYZ, a start-up in the tech industry, decided to register their business name with ACRA right from the beginning. This gave legal protection helped establish brand identity gain credibility market. Result, able attract customers investors, leading rapid growth success business.

Registering your business name with ACRA is a crucial step for any business owner. It offers legal protection, professionalism, and brand identity, which are essential for the success of your business. So, if you haven`t already done so, make sure to register your business name with ACRA and reap the benefits it has to offer.

 

Acra Register Business Name Contract

This agreement (the “Agreement”) is entered into on this [Date] by and between [Party A], and [Party B].

Clause	Description
1. Parties Agreement	This clause sets out the parties to the agreement and their roles in relation to the subject matter.
2. Business Name Registration	Party A agrees to engage in the process of registering a business name with the Accounting and Corporate Regulatory Authority (ACRA).
3. Legal Compliance	Both parties agree to comply with all legal requirements and regulations related to the registration of the business name.
4. Indemnification	Party A agrees to indemnify and hold harmless Party B from any liabilities, claims, or expenses arising out of the business name registration process.
5. Governing Law	This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
6. Dispute Resolution	Any disputes arising out of this Agreement shall be resolved through arbitration in accordance with the rules of [Arbitration Organization].
7. Entire Agreement	This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements and understandings.
8. Signatures	This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

Frequently Asked Questions about ACRA Register Business Name

Question	Answer
1. What ACRA?	ACRA stands for Accounting and Corporate Regulatory Authority. It is the national regulator of business entities, public accountants and corporate service providers in Singapore.
2. Why do I need to register my business name with ACRA?	Registering your business name with ACRA gives you exclusive rights to use that name for your business. It also helps to protect your brand and provides legal recognition of your business entity.
3. How do I check if my business name is available for registration?	You can use ACRA`s online business name search tool to check the availability of your desired business name. Important ensure name choose unique not infringe existing trademarks.
4. What are the requirements for registering a business name with ACRA?	To register a business name with ACRA, you must be at least 18 years old and have a local residential address in Singapore. You will also need to provide details of your business activities and a valid SingPass or CorpPass account for online transactions.
5. Can I register a business name that is similar to an existing one?	ACRA may reject your application to register a business name if it is similar to an existing one, especially if it may cause confusion among consumers. It`s important to choose a distinctive and unique business name to avoid potential legal issues.
6. What is the process for registering a business name with ACRA?	The process involves submitting an online application through ACRA`s BizFile+ portal, providing all required information and paying the registration fee. Once approved, you will receive a Unique Entity Number (UEN) and a Business Profile, which serves as a business registration certificate.
7. What is the duration of a business name registration with ACRA?	Business name registrations are valid for one year and must be renewed annually. It`s important to keep track of your renewal date to ensure that your business name remains in good standing with ACRA.
8. Can I transfer or change my registered business name with ACRA?	Registered business names are non-transferable and cannot be changed. If you wish to operate under a different business name, you will need to register a new one with ACRA and notify your customers and business associates of the change.
9. What are the consequences of failing to register a business name with ACRA?	Failure to register your business name with ACRA can result in legal penalties, including fines and prosecution. It`s essential to comply with regulatory requirements to avoid potential liabilities and protect the reputation of your business.
10. Can I trademark my business name after registering with ACRA?	Registering your business name with ACRA does not automatically grant you trademark protection. If you wish to protect your business name as a trademark, you will need to apply for trademark registration through the Intellectual Property Office of Singapore (IPOS).