How Do I Check Proof of Ownership in Singapore?

When it comes to verifying proof of ownership for a business or asset in Singapore, it’s important to know where to look and how to obtain the relevant documentation. Whether you’re involved in a transaction, entering a partnership, or ensuring compliance, this guide will help you understand how to check proof of ownership in Singapore accurately and efficiently.

1. Types of Ownership Proof in Singapore

In Singapore, proof of ownership can be required for various purposes, including verifying business assets, intellectual property, or property ownership. The key types of ownership proof you might need are:

• Business Ownership: Proof that an individual or entity owns a business.
• Property Ownership: Verification of ownership for land, buildings, or other real estate.
• Intellectual Property: Ownership of trademarks, patents, and copyrights.

The method to check proof of ownership differs depending on the type of asset or entity involved.

2. How to Verify Business Ownership in Singapore

For verifying business ownership, you can access the necessary documents through ACRA (Accounting and Corporate Regulatory Authority). ACRA maintains a public register of all registered companies in Singapore, and business owners can obtain official proof of ownership via an ACRA report. Here’s how to check:

a. Access the ACRA BizFile+ Portal

To verify business ownership, visit ACRA’s BizFile+ portal, where you can search for company information using the business name or registration number.

b. Request an ACRA Business Profile

Once you locate the company, you can request a Business Profile from ACRA. This document contains the following key details:

• Registered Company Name
• Business Registration Number
• Company Directors and Shareholders
• Registered Address

This official report serves as proof of ownership, showing who is legally responsible for the company and its assets.

c. Review the Shareholding Structure

The Business Profile will also include the company’s shareholding structure. By reviewing this information, you can confirm the ownership distribution among shareholders.

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3. How to Verify Property Ownership in Singapore

For property ownership, the process is slightly different. You can check property ownership through the Singapore Land Authority (SLA), which maintains the land register. Here’s how to verify property ownership:

a. Visit the SLA’s Land Title & Ownership System (LTOS)

The SLA provides an online service called the Land Title & Ownership System (LTOS) that allows you to check property ownership records. By searching for the property’s address or land title number, you can access detailed ownership information.

b. Request a Title Search

Once you’ve found the property, you can request a Title Search report. This report will confirm the registered owner of the property, whether it is an individual or a company, and show any encumbrances or mortgages attached to the property.

c. Verify Ownership with the Title Deed

A Title Deed is the legal document that proves ownership of the property. You can request this document from the SLA for official verification. The deed will include details of the property and its ownership history.

4. How to Verify Intellectual Property Ownership

For businesses or individuals looking to verify intellectual property ownership in Singapore, such as patents, trademarks, or copyrights, the Intellectual Property Office of Singapore (IPOS) offers services to confirm ownership. Here’s what you need to do:

a. Check the IPOS Database

IPOS maintains a publicly accessible database where you can search for registered trademarks, patents, and designs. The database will list the owner(s) of the intellectual property and provide details of the registration.

b. Request Official Documentation

For a more formal proof of ownership, you can request official certificates from IPOS confirming the registration details of your intellectual property. This will serve as legal proof of ownership.

5. How to Use Ownership Proof

Once you’ve obtained proof of ownership, it can be used for various purposes, such as:

• Business Transactions: Verifying ownership when selling or transferring assets, entering contracts, or setting up partnerships.
• Due Diligence: Checking ownership details to ensure legitimacy before entering a business deal.
• Compliance: Ensuring your business is properly registered and compliant with Singapore’s regulations.

Summary

Verifying proof of ownership in Singapore requires accessing the relevant documents from official authorities such as ACRA, SLA, and IPOS. Whether you’re checking business ownership, property ownership, or intellectual property, there are clear processes and services in place to help you obtain the necessary records. By following the outlined steps, you can ensure you have the correct documentation for your business needs, whether for transactions, due diligence, or compliance purposes.

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