Singapore bank account opening — DBS, OCBC, UOB, Wise, Aspire — Step-by-step walkthrough
Singapore bank account opening — DBS, OCBC, UOB, Wise, Aspire — Step-by-step walkthrough. For foreign founders setting up shop in Singapore. Practical 2...
Majority Requirements for Approving a Singapore Scheme of Arrangement
A scheme of arrangement in Singapore is a court-supervised compromise or arrangement between a company and its creditors or shareholders. It is one of the most powerful tools available under Singapore's insolvency and restructuring framework, capable of binding all creditors or shareholders in a class — even dissenters — once approved. But approval is not [...]
Nominee Director in Singapore: Legal Requirements, Risks and How It Works (2026)
Under the Companies Act (Cap. 50), every Singapore-incorporated company must have at least one director who is ordinarily resident in Singapore. For foreign founders who do not yet hold Singapore residency or a valid long-term pass, this creates an immediate structural challenge at incorporation. The solution used by many foreign entrepreneurs is to appoint a [...]
ACRA at UGCNS MSME Day 2026: Compliance Reminders for Singapore Company Directors
The Accounting and Corporate Regulatory Authority (ACRA) is a supporting organisation at the UGCNS MSME Day 2026, to be held on 18 June 2026 at the SGX Auditorium in Singapore. The event is a free gathering aimed at small and medium-sized enterprises (SMEs) and focuses on compliance, regulatory updates, and business growth. ACRA's participation in [...]
CALA 2025 Phase 2 and Beyond: What Singapore Directors and Company Secretaries Should Watch for Next
The Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025) is the most significant overhaul of Singapore's corporate and accounting legislation in recent years. Phase 1 commenced on 6 May 2026, bringing with it enhanced director duty penalties, expanded disqualification grounds, the named audit partner requirement, and a new double-tier approval structure for selective share [...]
Selective Share Buyback in Singapore: New Double-Tier Approval Requirements Under CALA 2025
When a Singapore company wishes to repurchase shares from a specific shareholder rather than proportionally from all shareholders, this is known as a selective share buyback. From 6 May 2026, the rules governing such transactions changed significantly. The Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025) introduced a mandatory double-tier approval structure — requiring [...]
Named Audit Partner in Audit Reports: A Practical Guide for Company Secretaries and Boards (2026)
From 6 May 2026, Singapore audit reports must identify by name the public accountant primarily responsible for the audit engagement. This change — introduced by the Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025) — marks a significant shift in how audit accountability is demonstrated in Singapore. For company secretaries, audit committee members, and [...]
Singapore registered address and BizFile+ filings — Step-by-step walkthrough
Singapore registered address and BizFile+ filings — Step-by-step walkthrough. For foreign founders setting up shop in Singapore. Practical 2026 walkthro...
Nominee director services — foreigner essentials — Step-by-step walkthrough
Nominee director services — foreigner essentials — Step-by-step walkthrough. For foreign founders setting up shop in Singapore. Practical 2026 walkthrou...
Exempt Private Company (EPC) mechanics — Step-by-step walkthrough
Exempt Private Company (EPC) mechanics — Step-by-step walkthrough. For foreign founders setting up shop in Singapore. Practical 2026 walkthrough coverin...