Document background
The Authorization Letter For Closure Of Business is a crucial document required when ceasing business operations in Singapore. It serves as official documentation authorizing an individual or entity to proceed with business closure procedures with relevant authorities, particularly ACRA. This document is necessary when business owners cannot personally handle closure procedures or when formal delegation of authority is required. It typically includes business identification details, closure date, authorized representative information, and specific powers granted. The letter must comply with Singapore's Companies Act and Business Registration Act requirements, ensuring proper documentation for regulatory compliance during business cessation.
