Prepare and choose the deregistration category
Prepare Singpass, the Reporting SGFI’s Singapore tax reference and supporting documents. Open More > AEOI > Apply to Deregister for AEOI in myTax Portal. Select Deregister for CRS and/or Provide FATCA Deregistration Information. For FATCA, enter the cancellation date of the registration agreement with the US Internal Revenue Service. That field records an IRS event; the guide does not say the IRAS form itself cancels US registration.
Select the reason and compile the cover letter
Reasons are closure/strike-off/dissolution, acquisition/merger, ceasing to be a financial institution, ceasing Singapore tax residence or Others. On company letterhead, state entity name and tax reference, reason, new classification such as active/passive NFE if relevant, date it ceases to be a Reporting SGFI or impending liquidation/strike-off dates if known, and the director’s signature.
Evidence and file limits
Combine the cover letter and applicable supporting documents into one PDF no larger than 2 MB. Examples are MAS correspondence confirming cessation of a CMS licence, documents showing preparation for or progress of liquidation/strike-off, or evidence the entity is no longer Singapore tax resident. Select File, upload and proceed with Next.
Submission is not the outcome
Check the two declaration boxes and Submit. Save/print the acknowledgement as a PDF. The guide expects average processing around three weeks after successful submission; the outcome is emailed to the FI point of contact or trustee. Its footer states content correct as at September 2021 while the publication field is a placeholder, so this article does not invent a precise publication day or treat the acknowledgement as approval.
Official source
This article independently explains the substantive contents of the official PDF, including the relevant conditions, procedures and annexes. The linked document remains the authoritative source for its original wording, and later changes should be checked separately.
Read the official PDF ↗