Yes, you can change the registered agent of your LLC in Singapore, which is not very complicated if it’s done right. The Registered Agent plays a major role in dealing with compliance issues for your Company, like the receipt of official documents, and is met with the guarantee of legal obligations.
First, check your existing contract with the professional currently registered. Many professional associations have notice periods or termination costs; therefore, it is paramount to make sure that compliance with your current contract precedes the implementation of any alterations.
Next, you will need to provide a resident professional. This new professional should be a qualified CSP in Singapore; further, he or she has to be qualified enough to be permitted to act on behalf of your company for such a statutory obligation to be satisfied. This includes keeping proper registers and liaising with the relevant government agencies concerned, such as ACRA.
It should be notified to ACRA once the new professional is selected. This must be done through BizFile+, a web-filing system offered by ACRA. You would have to file a “Change in Registered Office Address or Appointed Auditor” form. A fee might be payable upon filing the form, and is usually processed within days.
It means a lot that all records bearing an organization mean something. These include internal reports, any listings that outline the registered agent, and even the public registry for your organization’s records to remain up-to-date. Once the change is effected, the new agent shall handle compliance matters.
You will smoothly shift to a new registered agent for your LLC in Singapore and keep your company in good books with the law of the land, provided you are doing it with due procedure.