Key points
All existing PAF partners or PAC shareholders must become partners in the ALLP, with no additional partners introduced at conversion. The entity must satisfy ALLP professional conditions and obtain an approved name. ACRA specifies SSIC 69201 and a S$355 total fee for the stated conversion route.
Planning your next steps
File through General Lodgement. Clients must receive notice before transfer or within seven days afterwards. The notice explains replacement of the practice, transfer of documents and funds, the effective date and how clients are affected. ACRA states most applications take five working days. Plan client communications and the movement of records alongside the legal filing rather than after the transfer is complete.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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