From 6 May 2026, Singapore's corporate landscape changed significantly when the Corporate and Accounting Laws Amendment Act 2025 (CALA 2025) commenced. Among its most consequential changes are the amendments to the Insolvency, Restructuring and Dissolution Act 2018 (IRDA) — legislation that governs how companies in Singapore are wound up, dissolved, and how liquidators operate. If [...]
In April 2026, the Accounting and Corporate Regulatory Authority (ACRA) issued Practice Direction No. 1 of 2026 on External Private Capital Arrangements in Accounting Entities — a document that has received relatively little attention from Singapore's business community, yet carries real implications for every company that engages an external auditor. This is not purely an [...]
Reverse-charge and Overseas Vendor Registration (OVR) — Costs and fees breakdown. For Singapore SMEs managing tax and accounting compliance. Practical 2...
GST registration, filing and InvoiceNow — Costs and fees breakdown. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkthroug...
Estimated Chargeable Income (ECI) filing — Costs and fees breakdown. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkthrou...
Introduction Among a director's many duties under Singapore company law, the duty of skill, care and diligence is one of the most fundamental — and one of the most frequently litigated. It governs the standard of competence and attention that directors must bring to their role, and failure to meet this standard can result in [...]
PR Rejection Is More Common Than You Think Getting a Singapore Permanent Residency (PR) application rejected is disappointing — but it is far from the end of the road. ICA (Immigration and Checkpoints Authority) rejects a significant proportion of PR applications each year, even from highly qualified, long-term residents with strong profiles. A rejection does [...]
What Are Drag-Along Rights? Drag-along rights are a key provision in shareholder agreements that allow a majority shareholder (or group of majority shareholders) to force minority shareholders to join in the sale of the company. When the majority shareholder accepts an offer to sell their shares, the drag-along right compels the minority to sell their [...]
Introduction Every Singapore private limited company must meet a fixed set of annual compliance deadlines — AGM, annual return, and financial statements — or face penalties from ACRA. With the Corporate and Accounting Laws Amendment Act 2025 (CALA 2025), which commenced on 6 May 2026, several of these timelines and requirements have changed. This guide [...]
In May 2026, the Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025) formally commenced, bringing significant changes to how Singapore companies are wound up. These amendments — which substantially revised the Insolvency, Restructuring and Dissolution Act 2018 (IRDA) — have introduced tighter lodgement obligations for liquidators, clearer director duties during insolvency, and higher penalties [...]