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There is a change in my entity's name but no change in the Unique Entity Identifier. Do I need to submit a new security (i.e. Banker's Guarantee (BG)/ Finance Company Guarantee/ Insurance Bond (IB)) application?
If there is a change in entity's name in ACRA records with no change in the Unique Entity Identifier (UEN), identity, rights and obligations of the entity, there is no need to submit a new security application.
However, if there is a change in the UEN, identity, rights or obligations of the entity, a new security application(s) would need to be submitted to replace the existing ones.
Related questions
I have yet to register with the Accounting and Corporate Regulatory Authority (ACRA). Can I use the UEN to import goods before registering with ACRA?
Can our entity replace our existing security in the form of a Bankers' Guarantee to another form such as a Finance Company Guarantee or an Insurance Bond or other permutations?
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We intend to change our company name. There is a change in our entity's UEN. Can we continue to use the existing security for our transactions with Singapore Customs?
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I received a letter from Customs on the renewal of Banker's Guarantee (BG) and I realised my entity never lodged any security with Customs before. What should I do with the letter?
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