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ACRA is the regulator of business registration, financial reporting, public accountants and corporate service providers. ACRA is also responsible for developing the accountancy sector and setting the accounting standards for companies, charities co-operative societies, and societies in Singapore.
ICA was formed on 1 April 2003 after the restructuring of the preceding agencies responsible for customs and immigration control, the Singapore Immigration and Registration (SIR) and the Customs and Excise Department (CED). It is accountable directly to the MHA, which is under the purview of the Government of Singapore and its relevant ...
The Building and Construction Authority (BCA) is a statutory board under the Ministry of National Development of the Government of Singapore. It was established on 1 April 1999 through the merger of the Construction Industry Development Board and the Building Control Division of the former Public Works Department. [2]
Singapore is a country known for its highly efficient and centralised government system largely due to these statutory boards. [2] They play a significant role in the development and implementation of policies and programs in various sectors of the country.
Online Business Licensing Service (OBLS) is a one-stop portal for applying for the required Singapore government licences in a single online transaction. The service routes all applications to various government agency for processing. The World Bank has ranked Singapore first in the Ease of Doing Business Index. The OBLS system contributes to ...
The Government of Singapore consists of several departments, known as ministries and statutory boards in Singapore. Ministries are led by a member of the Cabinet and deal with state matters that require direct political oversight.
William Farquhar, who served as the first resident of Singapore from 1819 to 1823. On 30 January 1819, Sir Stamford Raffles, an Englishman who was the Governor of Bencoolen (now Bengkulu, Indonesia), entered into a preliminary agreement with the Temenggung of Johor, Abdul Rahman Sri Maharajah, for the British East India Company to establish a "factory" or trading post on the island of Singapore.
The Singapore Accountancy Commission (SAC) was a statutory body under the Ministry of Finance of the Government of Singapore. [1] Launched on 1 April 2013, [2] the SAC works to advance Singapore’s accounting sector and provides for the registration of Chartered Accountants of Singapore. [3]