Kubr · Markets · Last reviewed 3 November 2026

Private company due diligence in Singapore

Singapore private deals close fast on thin paper, so we read the ACRA record, the courts and the IRAS GST list first and test the company's numbers against them.

ACRA (the company registry) BizFile+, Insolvency and Public Trustee's Office (IPTO) records, court judgments, the IRAS GST register and the MAS Financial Institutions Directory.

Where Kubr stands in Singapore

Stage: Scoping. The launch covers public-register checks and company-supplied packs. Consented bank and ledger connections, InvoiceNow (the national e-invoicing network) checks and monitoring are planned. None is live.

Clients here: accredited and institutional investors.

For accredited and institutional investors. Not directed at the public in Singapore.

Singapore is a scoping market for public-register diligence and company-consented cross-checks for funds, family offices, lenders and advisers.

Registers and records we read in Singapore

Source	What it holds	How we get it
ACRA BizFile+ business profile	UEN, status, incorporation date, registered address, SSIC (industry classification) activity, paid-up capital, officers and shareholders, filing history	Read by Kubr
ACRA filed financial statements	Financial statements lodged with annual returns, in XBRL (machine-readable format) where required; unaudited for audit-exempt companies. Solvent exempt private companies are not required to file them	Read by Kubr
ACRA registered charges	Charges over company assets registered against the company	Read by Kubr
Register of registrable controllers (ACRA central register)	Individuals with significant interest or control; not open to the public	Supplied by the company
Insolvency and Public Trustee's Office e-services	Bankruptcy of individuals and winding up or judicial management (court-supervised rescue) of companies	Read by Kubr
Singapore courts judgments	Published judgments of the Supreme Court and the State Courts	Read by Kubr
Litigation and case-status records	Pending suits and case status against a company or person; access route to be confirmed with local counsel	Supplied by the company
IRAS GST registered business search	Whether a business is GST-registered, its effective date and status	Read by Kubr
MAS Financial Institutions Directory	Entities licensed, registered or exempt under MAS legislation	Read by Kubr
MAS targeted financial sanctions lists	Designated persons and entities under Singapore sanctions regimes	Read by Kubr
IPOS registers	Registered trade marks, patents and designs	Read by Kubr
SGX announcements	Disclosures by SGX-listed companies	Read by Kubr
Corporate credit-reporting bureau	Payment and credit history on companies, from MAS-licensed bureaus	Read after the company consents

Rules that shape the work

Company law and registry: Companies are governed by the Companies Act 1967 and registered with ACRA under a UEN (unique entity number). ACRA business profiles show officers, shareholders and filing history, and annual filings are lodged through BizFile+ with Corppass (business digital login). Companies and LLPs must also keep a register of registrable controllers and file it with ACRA; that central register is not open to the public (verified Sep 2026).
Data protection: The Personal Data Protection Act 2012 applies. Section 26 restricts sending personal data outside Singapore unless the recipient is bound to a comparable standard. Breach notification and a named data protection officer are duties for organisations. Exact duties for Kubr are to be confirmed with local counsel.
Financial data: Private companies that meet 2 of 3 size tests (revenue, assets, staff) for consecutive years can skip the statutory audit. A solvent exempt private company also files no financial statements with ACRA. For many small Singapore companies there are no filed accounts to read, so the company must supply them. SGFinDex is a consumer service tied to an individual's Singpass and does not reach a company's accounts. We found no regulated corporate bank-data sharing scheme.
Securities regulator: The Monetary Authority of Singapore licenses fund managers and capital markets services under the Securities and Futures Act, and financial advisers under the Financial Advisers Act. Kubr holds no MAS licence and gives no advice on investment products.
Speed: Register checks run in minutes once the UEN is confirmed. Anything that needs company consent, such as bank data or ledger access, depends on the company acting on our request.
Reliability: ACRA and court records can lag events, and unaudited statements of exempt companies carry less assurance than audited ones. We show the filing date next to every fact and flag what is company-supplied.

How we check sales and cash here

Singapore has no sales-tax return feed we can read: IRAS GST returns are the taxpayer's own. InvoiceNow sends invoice data through the network to IRAS and is being extended to all GST-registered businesses by April 2031, but that data is not open to us and adoption is uneven today. SGFinDex covers individuals only. So we cross-check independent sources the company consents to or that are public.

Where your data is held

As a design commitment ahead of launch, data on Singapore entities is sourced from Singapore-licensed providers and public registers and handled inside Singapore. Nothing about a Singapore deal is designed to leave the country.

Sourced from: Public registries and authorities, and licensed registry-data aggregators. Provider licences are checked before any contract.

Storage and processing on infrastructure located in Singapore. Nothing crosses borders by design. Any exception would be raised with the client first and its PDPA treatment confirmed with local counsel.

Reports available in Singapore

Verified SnapshotFull
ACRA profile, officers, shareholders, charges, latest filed statements, insolvency and court checks, GST status and sanctions screen. Limits: Controller register is not public and comes from the company. Typical turnaround: 2 to 5 working days from a complete data set.
Financial diligencePartial
Filed statements plus company-supplied ledger and statements, tested against bank data and counterparties. Limits: No GST return feed. Bank and ledger links depend on company consent and are planned. At launch we work from uploaded files. Typical turnaround: 2 to 5 working days from a complete data set.
Legal diligence supportPartial
Charges, court and insolvency records, licences and IP from public registers, plus company-supplied contracts. Limits: Litigation search route beyond published judgments is to be confirmed with local counsel. Typical turnaround: 2 to 5 working days from a complete data set.
Promoter profilesFull
Directorships, shareholdings, bankruptcy and court records, sanctions screen and public disclosures for named individuals. Limits: Personal data is handled under the PDPA. We work from the client's stated purpose and consent where required. Typical turnaround: 2 to 5 working days from a complete data set.
IC noteFull
Summary of findings for the investment committee, with sources and dates. Limits: It states facts and gaps and gives no rating or opinion. Typical turnaround: 2 to 5 working days from a complete data set.
Model checkPartial
Model assumptions tested against filed statements and company-supplied ledger and bank data. Limits: Without bank or ledger connection the test rests on uploaded files. Typical turnaround: 2 to 5 working days from a complete data set.
Valuation contextPartial
Listed-peer multiples from SGX filings, takeover offer documents and ACRA records. Limits: Private-company accounts are often not public. Typical turnaround: 2 to 5 working days from a complete data set.

Not yet available here: Portfolio monitor (planned); Rating history (planned); Borrower monitor (planned); Proceeds tracer (not offered). See all eleven reports or read the sample report.

Work that needs a licensed professional

Investment advice on securities and funds: Capital markets services or financial adviser licence holders under MAS (SFA and FAA).
Statutory audit and public accounting: Public accountants registered with ACRA; professional body is ISCA, the accountancy institute.
Legal opinions and advice: Singapore-qualified lawyers in a law practice.
Fund management: Licensed or registered fund management companies under the SFA.
Credit reporting: Credit bureaus licensed by MAS under the Credit Bureau Act.
Tax advice: Tax advisers and accounting firms; IRAS authorised-agent routes to be confirmed with local counsel.

Kubr is not licensed, registered or exempt under MAS legislation and does not give financial advice, investment advice or credit ratings. Kubr does not act as a public accountant, auditor or law practice. Reports state facts and gaps from records and documents. Whether any Kubr output could fall under the Financial Advisers Act or the Credit Bureau Act is to be confirmed with local counsel before launch.

Personal data handled by Kubr is subject to the Personal Data Protection Act 2012, including consent, purpose, protection, overseas-transfer limits and breach notification. Data is designed to stay in Singapore. Consents are taken before bank, ledger or bureau data is read.

Other markets

All markets

Kubr is a technology platform, not an adviser, law firm, auditor, rating agency or credit bureau. Reports are for the named client only and are not investment advice, an audit or a legal opinion. Full disclosures. Source data for this page: the Kubr market pack for Singapore, reviewed 3 November 2026.