Singapore SMEs sitting on unclaimed research and development spend, intellectual property costs, or staff training budgets are often unaware that the Enterprise Innovation Scheme (EIS) can turn a chunk of that expenditure into a very large tax deduction, or even hard cash. Introduced at Budget 2023 and running from Year of Assessment (YA) 2024 to [...]
Redeemable preference shares are one of the more versatile tools available to Singapore private companies, yet they remain widely misunderstood outside professional circles. Unlike ordinary shares, which a company can only buy back subject to strict share buy-back rules, redeemable preference shares are designed from the outset to be bought back on terms the company [...]
Bookkeeping for Singapore SMEs: Frequently asked questions. For Singapore SMEs managing tax and accounting compliance. Practical 2026 guide.
EGM mechanics: resolutions, quorum and minutes, frequently asked questions. For directors and company secretaries managing ACRA compliance. Practical 2026 guide.
Drag-along, tag-along and shareholder agreements: Frequently asked questions. For directors and company secretaries managing ACRA compliance. Practical 2026 guide.
EFS-Green is Enterprise Singapore's loan scheme for green projects, offering a 70% bank risk-share and loan quantums far larger than typical sustainability grants. Here is how SMEs qualify, apply and avoid common pitfalls.
Most Singapore businesses assume the supplier always issues the tax invoice. In a handful of industries, that assumption is wrong by design. Under a self-billing arrangement approved by the Inland Revenue Authority of Singapore (IRAS), it is the GST-registered customer, not the supplier, who prepares the tax invoice and hands a copy to the supplier [...]
A creditor who discovers that a debtor company has quietly filed to strike itself off the register faces a genuine fork in the road. One path is to object to the striking off under section 344C of the Companies Act 1967, using the narrow window ACRA gives before the company disappears. The other is to [...]
When a dispute lands in the Singapore courts, the documents and electronic records that decide the case rarely sit neatly in one place. Emails live on cloud servers, WhatsApp threads sit on personal phones, accounting records are hosted on third-party software, and board deliberations are scattered across shared drives and messaging apps. For companies involved [...]
From 1 April 2026, Amendment No. 1 of 2026 to the Supreme Court Practice Directions changed how contested asset-freezing injunctions are heard and added a new checklist for creditors seeking bankruptcy orders.