CATEGORY: REPLIES TO FORUM LETTERS
Acra working on ways to check unauthorised use of residential address as company office
Business owner used my address to register his business
The Straits Times, 4 September 2021
Acra working on ways to check unauthorised use of residential address as company office
We thank Ms Long Meiyin for her letter, "Business owner used my address to register his business" (Sept 1).
Ms Long expressed concern that a residential address could be used as a company address, and that "there are no existing mechanisms to check and authenticate the use of a residential address as the company address".
Companies are required to provide the Accounting and Corporate Regulatory Authority (Acra) with a registered office address to which all notices and communication by businesses, government agencies and members of the public can be sent. A residential address can be used as the registered office address.
We received Ms Long's feedback as well as the business owner's updated registered office address on Aug 18.
We then reached out to the business owner, who explained that he was previously a tenant at the residential address and had since moved out. Thereafter, we informed Ms Long that her address is no longer used as the company's registered office address.
Companies are required to declare that the registered office address they provide to Acra is correct, and update changes to their registered office address promptly with Acra. Those who provide incorrect information are liable for a fine of up to $50,000 and/or jail of up to two years.
More than 99 per cent of companies registered with Acra provide the correct registered office address.
Acra conducts inspections to verify companies' registered office address, and investigates complaints. In addition, we are working on ways to check unauthorised use of residential address as registered office address.
Members of the public who have reasons to believe that any information in the register is incorrect may write to us at ED_investigation@acra.gov.sg.
Ms Kate Hia
Head, Corporate Communications Department
ACRA
The Straits Times, 1 September 2021
Business owner used my address to register his business
Lately, I have been receiving many letters from the Inland Revenue Authority of Singapore (Iras) and others mailed to my residential address.
I then found out that a business owner had registered a business entity with the Accounting and Corporate Regulatory Authority (Acra) using my residential address.
I contacted Acra and found out that there are no existing mechanisms to check and authenticate the use of a residential address as the company address.
A business owner can freely and lawfully submit any address to register his business with Acra.
It is then up to the business owner's discretion to change, amend and remove the residential address from Acra records.
Until then, Iras and other creditors will continue to automate fines and administrative letters to my residential address.
I was also concerned to see my home address, including unit number, published on more than 10 websites linked to this business.
Most of the mirror sites had lifted Acra records and published my address.
Acra has since told me that it has convinced the business owner to amend its residential address.
However, the issue resolved is only the tip of the iceberg.
There is no resolution and mechanism to purge my residential address entirely from search engines, as this is not under Acra's purview.
The burden should not be on the home owner to prove to any creditors or the public that he is not affiliated with the business or business owner.
Because any residential address can be used without verification, the safety and privacy of residents with no affiliation to the business are compromised.
I am also worried that any irresponsible action by the business owners might eventually involve harassment, and lead creditors to my home.
I strongly urge the authorities to look into this issue and rectify it, to prevent other businesses from gaming the system at the expense of home owners.
More robust governance is required to ensure that the Acra-registered address and title deed belong to the business owner.
Tenants should also be required to seek permission from their landlords to use the residential address for business registration.
Long Meiyin
2023/11/23