Step 6: Post-registration guide for variable capital companies (VCCs)
Refer to this checklist for compliance requirements before your VCC starts operations, and steps to set up sub-funds for an umbrella VCC.
Last updated 29 January 2026
Immediate next steps
After you register or re-domicile your VCC, these are the next steps you need to take. Some have deadlines. Others help you run your business day-to-day.
(Required) Apply for Corppass
Corppass is the single login method for all government-to-business transactions.
When you can apply: One day after you get your Unique Entity Number (UEN).
Who needs Corppass: All entities (including non-profit organisations) that deal with government agencies online. This includes Bizfile transactions.
How to apply: Apply for a Corppass account
(Required) Set up and maintain registers
Once your VCC is incorporated, you need to set up and maintain these registers.
Requirements
VCC register | Details |
|---|---|
Register of Members (Shareholders) | |
Register of Controllers (Beneficial owners) | |
Registers of Directors, Company Secretaries, Managers, and Auditors | You need to update VCC information and officers within 14 days of any changes. |
(Required for umbrella VCCs) Register sub-funds
Sub-funds can only be registered under umbrella VCCs.
Note: You cannot register sub-funds under non-umbrella VCCs. If you change your VCC type to an umbrella VCC, you need to update the VCC portal within 14 days.
Registering sub-funds
What you need to know | Details |
When to register | Within seven days of incorporation |
What to prepare |
|
How to register sub-funds | Submit your registration through the VCC Portal. The "Registration of Sub-Fund" transaction can found at www.vcc.bizfile.gov.sg, under “EServices”. |
Processing time | Within three working days. This includes checks by other government agencies. |
(Required for re-domiciled VCCs) Submit proof of de-registration
You must submit proof that your business was deregistered in its jurisdiction within 60 days of approval.
Apply for an extension of time if you cannot meet the 60-day deadline. ACRA may cancel your Singapore registration if you do not send this proof on time.
More details: Re-domiciling into Singapore as a VCC
(Required) Appoint a company secretary and auditor
You must appoint these key officers to ensure your VCC complies with the legislation:
Appoint an auditor within three months of registration.
Appoint a company secretary within six months of incorporation.
Download your free VCC information
What to download
VCC information | Details |
|---|---|
After successful incorporation, you will receive a free Business Profile. This contains your VCC's registration details. Download your Business Profile within 30 days of incorporation. The free copy expires after this period. | |
If you re-domiciled as a VCC, you will also receive a free Certificate confirming Transfer by Registration. |
Before you start operations
Complete these final steps before you start operations. They cover employment, data protection, and taxes.
(Employers) Apply for CPF submission number
If you plan to hire staff, you need to apply for a CPF Submission Number (CSN).
You will need this for monthly CPF payments.
(Employers) Know your duties as an employer
As an employer, you should:
Check the WorkRight website for employment legislation.
Follow minimum wage rules on the Progressive Wage Model (PWM).
Register a data protection officer (DPO)
All organisations must register at least 1 Data Protection Officer (DPO). This is required under the Personal Data Protection Act 2012.
More details: Register your DPO
Know your tax duties
VCCs are treated as companies for tax purposes.
Besides corporate tax, you may need to pay:
More details: