Registering Business Changes
Business changes that HDB needs to be informed of include:
Change Of Approved Trade*/ Inclusion Of Additional Trade
Tenant wishes to carry out a new or additional trade, without any other changes.
Admission And/Or Withdrawal Of Partners/ Shareholders
Inclusion/ withdrawal of partner(s) / shareholder(s) within firm/company (not involving next-of-kins and where original tenant / partner(s) still holds minimum 51% ownership.)
[Withdrawal of shareholder / partner resulting in business mode no longer being a legal entity eg from a Pte Ltd Co / Ltd Liability Partnership to a Sole Proprietorship will be treated as Assignment.]
Change Of Company Name
Change of name of Private Limited company, without change in company's registration number and any other changes.
Change of mode of business
- Conversion of sole-proprietorship to Private Limited company involving no change to original tenant.
- Conversion of partnership to Private Limited company or to Limited Liability Partnership involving no change to original partners.
Transfer of tenancy to next-of-kin (not applicable for land leases)
- Outright Transfer / Inclusion / Withdrawal of partner(s) / shareholder(s) within firm /company involving immediate family members viz parents, siblings, children, or holding co /subsidiary.
- Inclusion resulting in conversion of sole-proprietorship to partnership / Private Limited company / Limited Liability Partnership involving immediate family members viz. parents, siblings, children, or holding co / subsidiary.
*(Note : For change of approved trade, any change of classification of industry use would be subject to URA’s confirmation.)
