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Statement of Information Form Template for Singapore

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Statement of Information Form

I need a Statement of Information Form that accurately reflects the current details of our company, including updated contact information, business address, and the names of key officers, to comply with local regulatory requirements.

What is a Statement of Information Form?

A Statement of Information Form helps Singapore authorities track and verify key details about companies registered in the city-state. This official document captures essential business information like company addresses, director details, and shareholding structures - making it easier for regulators to monitor corporate compliance.

Companies must submit this form to ACRA (Accounting and Corporate Regulatory Authority) when they make important changes, such as appointing new directors or relocating their registered office. It's part of Singapore's strict corporate governance framework and helps maintain transparency in the business sector. Failing to file accurate information can result in penalties under the Companies Act.

When should you use a Statement of Information Form?

File a Statement of Information Form with ACRA within 14 days of any significant changes to your Singapore company's structure or details. This includes appointing new directors, changing your registered office address, updating shareholder information, or modifying your company secretary arrangements.

The form becomes especially important during corporate restructuring, mergers, or when foreign investors come on board. Filing promptly helps maintain your company's good standing with regulators and prevents compliance issues that could lead to fines or legal complications. Many banks and business partners also request recent Statement of Information records to verify your company's current status.

What are the different types of Statement of Information Form?

  • Form For Change In Registered Office Of Company: Used specifically when relocating your company's registered address, requiring detailed old and new location information plus director authorization.
  • Acknowledgement Statement For Policy: Confirms receipt and understanding of company policies, often used alongside other Statement of Information Forms when updating internal governance structures.
  • Basic Company Information Update: For routine updates to director details, shareholding changes, or annual confirmations of existing information.
  • Foreign Investment Declaration: Special variation required when overseas investors acquire substantial shareholdings or control positions.

Who should typically use a Statement of Information Form?

  • Company Directors: Responsible for reviewing and signing Statement of Information Forms, ensuring accuracy of corporate details submitted to ACRA.
  • Company Secretaries: Prepare and file these forms, maintain compliance records, and track submission deadlines.
  • ACRA Officers: Process and verify submitted forms, maintain the public register, and enforce compliance requirements.
  • Legal Counsel: Review complex changes, especially during corporate restructuring or foreign investment scenarios.
  • Business Partners: Request and rely on these forms to verify company information for due diligence and contractual relationships.

How do you write a Statement of Information Form?

  • Company Details: Gather your Unique Entity Number (UEN), registered office address, and business activity codes.
  • Director Information: Compile updated particulars of all directors, including their identification numbers and residential addresses.
  • Shareholding Structure: Document current shareholders, their shareholding percentages, and any recent transfers.
  • Supporting Documents: Prepare board resolutions or meeting minutes authorizing the reported changes.
  • Digital Signatures: Ensure authorized signatories have their CorpPass credentials ready for submission.
  • Platform Assistance: Use our AI-powered platform to generate a legally compliant form, ensuring all ACRA requirements are met.

What should be included in a Statement of Information Form?

  • Company Identification: Full registered name, UEN, and incorporation date as registered with ACRA.
  • Change Declaration: Clear statement of what information is being updated or confirmed.
  • Corporate Details: Registered office address, principal business activities, and contact information.
  • Leadership Information: Current directors' particulars, including citizenship and residential addresses.
  • Shareholding Data: Details of share structure, shareholder information, and any recent transfers.
  • Declaration Section: Confirmation of accuracy and compliance with Companies Act requirements.
  • Authentication Block: Digital signature fields for authorized company officers using CorpPass.

What's the difference between a Statement of Information Form and a Confirmation Statement?

A Statement of Information Form differs significantly from a Confirmation Statement in several key aspects, though both relate to corporate compliance in Singapore. While they may seem similar at first glance, understanding their distinct purposes helps ensure proper filing and compliance.

  • Timing and Triggers: Statement of Information Forms are filed when specific changes occur, like new directors or address updates. Confirmation Statements are annual requirements, regardless of changes.
  • Scope of Information: Statement forms focus on specific changes to company details, while Confirmation Statements provide a comprehensive annual review of all company information.
  • Legal Requirements: Statement forms must be filed within 14 days of changes, carrying specific penalties for late submission. Confirmation Statements follow a fixed annual schedule based on incorporation date.
  • Processing Time: Statement forms typically require immediate ACRA processing for urgent updates. Confirmation Statements undergo routine processing within standard timeframes.

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