The Revenue (Reduction of Business Registration Fees and Branch Registration Fees) Order 2022 (“2022 Order”) will expire on 1 April 2023.  For business or branch registration certificates which commence on or after that date, the prescribed business registration fee or the prescribed branch registration fee, as the case may be, will be payable together with the levy.

Under the one-stop company and business registration service, companies are only required to lodge one single application for company and business registration with the Companies Registry.  An applicant for company incorporation is deemed to have applied for business registration simultaneously, and is no longer required to apply to the Business Registration Office for registration.