When a Singapore company's directors or majority shareholders have acted oppressively, defrauded the company, or misapplied company assets, minority shareholders and other stakeholders have two distinct legal pathways to bring a derivative action on behalf of the company. These are the statutory derivative action under section 216A of the Companies Act and the common law [...]
The first day of July 2026 brings a cluster of labour law changes that every Singapore employer needs to prepare for. The changes span the Local Qualifying Salary (LQS) threshold, retirement and re-employment ages, and COMPASS salary benchmarks for Employment Pass renewals. This guide explains each change and what your business must do before and [...]
When a Singapore company needs its financial statements prepared or verified, three distinct engagements are available: an audit, a review engagement, and a compilation. Each differs fundamentally in scope, assurance level, cost, and who can sign off. Choosing the wrong engagement type is a compliance risk. Choosing the right one — but over-buying — is [...]
From 1 July 2026, Singapore employers renewing Employment Passes (EPs) must meet updated COMPASS criteria including revised salary thresholds. If your company sponsors EP holders — whether senior executives, specialised professionals, or overseas talent — understanding what changes and what you must prepare for is critical to avoiding disruption to your workforce. What Is COMPASS [...]
Singapore's government grant landscape is one of the most generous in the world for SMEs. The good news: you are not limited to a single grant. With the right strategy, a Singapore company can simultaneously access multiple grants across different schemes, dramatically reducing the net cost of business expansion, technology adoption, and market entry. This [...]
The first day of July 2026 brings a cluster of labour law changes that every Singapore employer needs to prepare for. The changes span the Local Qualifying Salary (LQS) threshold, retirement and re-employment ages, and COMPASS salary benchmarks for Employment Pass renewals. This guide explains each change and what your business must do before and [...]
When a Singapore company needs its financial statements prepared or verified, three distinct engagements are available: an audit, a review engagement, and a compilation. Each differs fundamentally in scope, assurance level, cost, and who can sign off. Choosing the wrong engagement type is a compliance risk. Choosing the right one — but over-buying — is [...]
From 1 July 2026, Singapore employers renewing Employment Passes (EPs) must meet updated COMPASS criteria including revised salary thresholds. If your company sponsors EP holders — whether senior executives, specialised professionals, or overseas talent — understanding what changes and what you must prepare for is critical to avoiding disruption to your workforce. What Is COMPASS [...]
Singapore's government grant landscape is one of the most generous in the world for SMEs. The good news: you are not limited to a single grant. With the right strategy, a Singapore company can simultaneously access multiple grants across different schemes, dramatically reducing the net cost of business expansion, technology adoption, and market entry. This [...]
For high-net-worth families establishing a Single Family Office (SFO) in Singapore, two tax incentive schemes under the Income Tax Act 1947 sit at the heart of fund structuring: Section 13O and Section 13U. Both exempt qualifying investment income from Singapore tax â but they target different scales of operation, impose different conditions, and suit different [...]