When a Singapore company faces insurmountable debt or a fundamental breakdown in its ability to operate, a winding up petition filed in the General Division of the Singapore High Court may be the final legal mechanism to bring the company's affairs to a close. This article explains who can file, the step-by-step procedure, the official [...]
Board resolutions are the formal mechanism by which a Singapore company's board of directors makes decisions and exercises its powers. Every significant corporate action — from opening a bank account and allotting shares to approving financial statements and authorising contracts — requires a properly passed board resolution. For directors, company secretaries, and business owners, understanding [...]
The Global Investor Programme (GIP) is Singapore's premier pathway for high-net-worth individuals and business leaders to obtain Permanent Resident (PR) status through investment. Administered by the Singapore Economic Development Board (EDB) through its Contact Singapore division, the GIP offers a structured route to Singapore PR for investors who demonstrate a genuine commitment to contributing to [...]
For growth-stage Singapore companies looking to attract and retain key talent, an employee equity scheme is one of the most powerful tools available. Whether you are a founder planning your first Employee Stock Option Plan (ESOP), a CFO evaluating share award alternatives, or a director weighing phantom equity against real share dilution, this guide covers [...]
For growth-stage Singapore companies looking to attract and retain key talent, an employee equity scheme is one of the most powerful tools available. Whether you are a founder planning your first Employee Stock Option Plan (ESOP), a CFO evaluating share award alternatives, or a director weighing phantom equity against real share dilution, this guide covers [...]
Singapore's Personal Data Protection Act (PDPA) places eleven distinct legal obligations on every organisation that collects, uses, or discloses personal data. For directors and company secretaries of Singapore companies, understanding these obligations is not optional — failure to comply can result in financial penalties of up to S$1 million per contravention, and the Personal Data [...]
Hi everyone, The end of the year is upon us and that means tax filing season is here. Please note that the deadline for e-filing of corporate taxes is on the 15th of December 2019. Here is a Company Essentials Workshop for all officers and shareholders of companies. It is open to all company directors [...]
Companies that embrace good corporate governance are known to instill greater investor confidence. At this year’s seminar, held jointly by Accounting and Corporate Regulatory Authority (ACRA), Singapore Exchange (SGX) and Singapore Institute of Directors (SID), the theme is “Rebooting Corporate Governance”. Highlights: Hear first-hand from the Corporate Governance Council chairs and regulators on the latest [...]