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Business Management · ACRA

Ceasing a Sole Proprietorship or Partnership

Complete outstanding administrative matters before filing cessation.

Source checked · 11 October 2026

Key Points

Prepare the cessation date and settle contracts, loans, grants and asset transfers. Cancel GST registration with IRAS where applicable. An expired business registration must be renewed before closure can be filed. ACRA’s cessation transaction is free. A past or current cessation date changes the status immediately, while a future date produces a pending-cessation status until that date. Confirm the correct business and consequences before submission.

Official Source

A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.

Read the Official Source ↗

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