Every Singapore company must file an Estimated Chargeable Income (ECI) return with the Inland Revenue Authority of Singapore (IRAS) within three months of its financial year end. It is one of the most time-sensitive tax obligations in the Singapore corporate tax calendar — and one that many directors either miss, misunderstand, or leave entirely to [...]
Every Singapore company — whether a small family-run business or a multi-million dollar operation — must comply with the Annual General Meeting (AGM) requirements under the Companies Act (Cap. 50). Yet AGMs are one of the most commonly misunderstood areas of Singapore corporate law. Directors confuse the exemption with the obligation, private companies miss the [...]
If you are a founder, investor, or shareholder in a Singapore private limited company, drag-along rights are one of the most important — and most frequently misunderstood — provisions you will encounter in a shareholders' agreement. When structured well, they protect majority shareholders and make the company more attractive to acquirers. When drafted poorly, they [...]
The Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025) commenced on 6 May 2026, marking the most significant upgrade to Singapore's corporate governance penalties in over a decade. Maximum fines for director breaches have quadrupled from S$5,000 to S$20,000. Imprisonment terms have been extended. Audit reports must now name the individual public accountant responsible. [...]
ACRA launched a formal review of Singapore's audit exemption framework in February 2026 — the first since the current thresholds were set in 2015. The public consultation closed on 17 April 2026, and as of June 2026, no outcome has been published. For companies that are near the existing thresholds, or for directors managing their [...]
Productivity Solutions Grant (PSG) — Step-by-step walkthrough. For Singapore SMEs accessing government grants and incentives. Practical 2026 walkthrough...
Enterprise Development Grant (EDG) — Step-by-step walkthrough. For Singapore SMEs accessing government grants and incentives. Practical 2026 walkthrough...
Personal tax filing for SME owner-directors — Step-by-step walkthrough. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkth...
A minority shareholder who successfully establishes that they have been oppressed under Section 216 of the Companies Act (Cap. 50) is not automatically entitled to a damages award. The court's power to grant relief is discretionary and broad — but where a claimant seeks monetary compensation for loss suffered as a result of the oppressive [...]
Share buybacks are a well-established corporate tool in Singapore, allowing companies to return surplus capital to shareholders, manage share capital, and create treasury shares for future employee incentive plans. But not all share buybacks are the same — and the Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025), which commenced on 6 May 2026, [...]