If you do not wish to continue to practise as a public accountant, you can apply to cancel your registration as a public accountant.
Requirements for Cancellation
You can apply for your registration as a public accountant to be cancelled anytime of the year provided that:
- ACRA has not received any complaint or information against you under the Accountants Act or
- There are no disciplinary proceedings pending against you.
| If: |
Steps to be taken |
| You are the sole public accountant practising in a public accounting firm / public accounting corporation (PAC) /accounting limited liability partnership (Accounting LLP) |
- Apply for the revocation of public accounting firm / PAC / Accounting LLP OR
- Admit a new public accountant partner in the public accounting firm / Accounting LLP or a new public accountant director into the PAC. The new public accountant director must also be a member of the PAC.
- Submit an application to cancel your registration.
|
| You are the sole public accountant holding the position as a “Managing Partner” (in a public accounting firm and Accounting LLP) / “Managing Director” (in a PAC) |
- Submit a Change in Particulars of the public accounting firm / PAC / Accounting LLP to appoint another public accountant to hold the position as a “Managing Partner” (in a public accounting firm and Accounting LLP) / “Managing Director” (in a PAC).
- Submit an application to cancel your registration.
|
| Your cancellation as a public accountant, the public accounting firm / PAC / Accounting LLP would result in the public accounting firm / PAC / Accounting LLP not meeting the requirement that two-thirds of the partners/directors are public accountants |
- Submit a Change in Particulars of the public accounting firm / PAC / Accounting LLP to admit new public accountant partner(s) (in a public accounting firm and Accounting LLP) / public accountant directors (in a PAC).
- Submit an application to cancel your registration.
|
Who Can Make the Application
The public accountant or registered filing agents (on behalf of the public accountant) can make the application to cancel the registration as a public accountant.
How to Make the Application
The public accountant may do so himself, or engage the services of a registered filing agent (e.g. law firm, accounting firm or corporate secretarial firm) to assist in his submission.
| Steps |
Details |
| Step 1: Log on to BizFile+ |
For Individuals
Log on to BizFile+ to submit the online transaction.
For Registered Filing Agents (on behalf of public accountants)
Engage the services of a registered filing agent (e,g. law firm, accounting firm or corporate secretarial firm).
|
| Step 2: Submit |
Submit an online application via BizFile+
No payment is required.
|
What to do After Applying
ACRA officer will email you to seek the reasons for your cancellation.
You can expect an outcome of your application between 14 to 21 working days.