Bizfile Update: No late filing penalties for filers until 15 March 2025

22 January 2025

On 21 January 2025, the Accounting and Corporate Regulatory Authority (“ACRA”) issued a press release stating that ACRA is aware that some Bizfile users have encountered challenges with filing and that ACRA is working on resolving the issues.

ACRA highlights the following important information:

• Further to ACRA’s notice on 28 December 2024, ACRA will continue to waive late filing penalties until 15 March 2025. ACRA had earlier stated that it would waive late filing penalties for those who faced difficulties in their filing.
• Bizfile users filing all statutory filings (such as annual returns) and ad hoc filings which are due between 9 December 2024 and 28 February 2025, will have up to 15 March 2025 to file. No late lodgement penalties will be imposed.
• ACRA assures Bizfile users who need to file a general lodgement (e.g. shares-related transactions) that the date of the transaction to be reflected in the Bizfile records will be the same as the date of the general lodgement.
• Bizfile users who need more information on how to file key transactions on the new Bizfile portal may refer to ACRA’s video tutorial guides here.

Bizfile users who need to file time-sensitive and critical transactions, or encounter any difficulties with their filing, can contact the ACRA Helpdesk at 6248 6028 for assistance.

Reference materials

The press release is available on the ACRA website www.acra.gov.sg.