For the directors and company secretaries of Singapore private limited companies, 2026 has brought more than just the usual annual filing cycle. The Corporate and Accounting Laws Amendment Act 2025 (CALA 2025) — which commenced on 6 May 2026 — has introduced changes to the Companies Act 1967 that directly affect how Singapore companies must [...]
From 6 May 2026, every director, shareholder, or creditor considering the winding up of a Singapore company must navigate a significantly reshaped regulatory landscape. The Corporate and Accounting Laws Amendment Act 2025 (CALA 2025) has introduced amendments to both the Insolvency, Restructuring and Dissolution Act 2018 (IRDA) and the Companies Act 1967 that affect winding [...]
Private equity, venture capital, and family office capital flowing into professional services firms is a global trend. But when that capital flows into accounting and audit firms — the entities tasked with independently verifying your company's financial statements — a sharply different set of regulatory considerations applies. Singapore's Accounting and Corporate Regulatory Authority (ACRA) has [...]
Allowable business expenses under the Income Tax Act — Costs and fees breakdown. For Singapore SMEs managing tax and accounting compliance. Practical 20...
Productivity and Innovation Credit (PIC) legacy treatment — Costs and fees breakdown. For Singapore SMEs managing tax and accounting compliance. Practic...
Corporate tax exemptions and partial-exemption scheme — Costs and fees breakdown. For Singapore SMEs managing tax and accounting compliance. Practical 2...
Singapore directors face a demanding set of duties under the Companies Act 1967 (Cap. 50). They must act honestly and with reasonable diligence, avoid conflicts of interest, not misapply company property, and discharge their responsibilities with appropriate skill and care. When things go wrong — when a business decision turns out badly, when a procedural [...]
The S Pass is Singapore's work pass for mid-skilled foreign professionals — occupying the space between the Employment Pass (for high-earning professionals) and the Work Permit (for semi-skilled workers). For many Singapore SMEs, the S Pass is the most practical route to hiring qualified foreign technicians, associate professionals, and skilled workers in fields where local [...]
Singapore's two family office tax incentive schemes — Section 13O and Section 13U of the Income Tax Act 1947 — are both administered by the Monetary Authority of Singapore (MAS) and both exempt qualifying fund income from Singapore tax. Yet they are not interchangeable. The right choice between them shapes your minimum asset requirements, fund [...]
Singapore offers one of the most generous small business grant ecosystems in Asia. Enterprise Singapore, IRAS, government agencies, and sector regulators collectively disburse hundreds of millions of dollars in grants and subsidies to Singapore SMEs each year. Yet most business owners only apply for one grant at a time — and many leave significant funding [...]