Renew Licence
Licensee is required to submit a licence renewal application no less than sixty (60) calender days prior to the expiry date of the current licence.
At A Glance
| Licence Renewal Fees for each Licence | Business entity - S$1000 Individual - S$500 |
| Refund | The licensing officer may, where the licensing officer considers appropriate, refund or remit the whole or part of any fee paid. |
| Licence Validity Period | Two years starting from the end of current licence validity period. |
| Application Processing Time | The processing of licence renewal application may take up to eight weeks, starting from the receipt of the complete application (with all supporting documents submitted). Applicant will be notified of the outcome of application via email. |
Submit Renewal Application
Licensee is encouraged to submit its licence renewal application once the licensee receives the system generated email reminder via [GoBusiness Licensing 120 days prior to the expiry date of the current licence.] (https://licence1.business.gov.sg/feportal/web/frontier/home).
Use the checker below to compute the due date to submit licence renewal application. If the checker below is not loaded, it can also be accessed here.
You may also refer to the following link for commonly asked questions you may have for topics on Renewal of licence here.
Note:- Licensee who fails to submit their renewal application by the due date (i.e., no less than sixty (60) calender days prior to the expiry of the current licence) will be required to apply for a new licence. If new licence is not granted by the expiry of current licence, licensee will be required to suspend its operations until a new licence is granted.
- Renewed licence validity period will start from the end of the current licence validity period.
Criteria for Renewal of a Licence
To be eligible for renewal, applicant is required to be fit and proper.
Note:- Business entity licensee should ensure the following officers are included as officers of the business entity in the licence application:
- Any director, partner, or other person who is listed in the business entity’s business profile, e.g. ACRA BizFile, with the exception of shareholders (who are not directors or partners) and company secretary; and
- Any other person who is responsible for the management of the business entity.
- Each business entity licensee should specify one Key Executive Officer, which refers to the person who is responsible for the proper administration and overall management of the business entity and supervision of its employees. The remaining officers of the business entity would be termed as Key Officers in the licence application.
Supporting Documents Required
Licensee is required to submit the following updated supporting documents for each licence renewal application via GoBusiness Licensing “Upload Supporting Documents” function (please refer to our step-by-step guide for more details).
For Business Entity:
Please note that a copy of each document is required for every officer of the business entity, unless otherwise stated in the table below.
| If at the point of renewal, if there are: | NO material changes to the licence and NO changes to the Fit & Proper status of the officers of the business entity | Material changes (E.g. additional Key Officer but NO changes to the Fit & Proper status of the officers of the business entity | NO material changes (E.g. additional Key Officer) but there ARE changes to the Fit & Proper status of the officers of the business entity | Material changes (E.g. additional Key Officer) and there ARE changes to the Fit & Proper status of the officers of the business entity |
|---|---|---|---|---|
| Documents needed | 1. Latest copy of your business profile (obtained no earlier than a week from the application date) 2. Complete the necessary declarations in the renewal application form |
1. Latest copy of your business profile (obtained no earlier than a week from the application date)(applicable for business entity only) 2. Complete the necessary declarations in the renewal application form 3. Submit an Amend application after the Renewal application. For the Amend application, please submit the latest business profile, Register of Directors and other relevant supporting documents (if required) |
1. Latest copy of your business profile (obtained no earlier than a week from the application date)(applicable for business entity only) 2. Supporting documents related to the changes in your Fit and Proper status in the Renewal application 3. Complete the necessary declarations in the renewal application form |
1. Latest copy of your business profile (obtained no earlier than a week from the application date)(applicable for business entity only) 2. Supporting documents related to the changes in your Fit and Proper status in the Renewal application 3. Complete the necessary declarations in the renewal application form 4. Submit an Amend application after the Renewal application. For the Amend application, please submit the latest business profile, Register of Directors and other relevant supporting documents (if required) |
For Individual:
| If at the point of renewal, if there are: | NO material changes to the licence and NO changes to the Fit & Proper status of the officers of the business entity | Material changes (E.g. Changes in address or contact particulars, etc) and NO changes to the Fit & Proper status of the officers of the business entity | NO material changes (E.g.Changes in address or contact particulars etc) but there ARE changes to the Fit & Proper status of the officers of the business entity | Material changes (E.g. additional Key Officer) and there ARE changes to the Fit & Proper status of the officers of the business entity |
|---|---|---|---|---|
| Documents needed | 1.
Complete the necessary declarations in the renewal application form |
1. Complete the necessary declarations in the renewal application form 2. Submit an Amend application after the Renewal application. For the Amend application, please submit the relevant supporting documents (if applicable) |
1. Supporting documents related to the changes in your Fit and Proper status in the Renewal application 2. Complete the necessary declarations in the renewal application form |
1. Supporting documents related to the changes in your Fit and Proper status in the Renewal application 2. Complete the necessary declarations in the renewal application form 3. Submit an Amend application after the Renewal application. For the Amend application, please submit the latest business profile, Register of Directors and other relevant supporting documents (if required) |
- Supporting documents not in the English language must be submitted together with an accurate translation in the English language. The translation must be certified by the person making it to be a correct translation. The certificate must contain a statement of that person’s full name, of his address and of his qualifications for making the translation.
Guide to Renew Licence
Licensee may download this step-by-step guide for the licence renewal application submission process via GoBusiness Licensing.