Understanding Drag-Along Rights in Singapore Shareholder Agreements

If you are a founder, investor, or minority shareholder in a Singapore private company, understanding drag-along rights is essential. These provisions — found in most institutional-grade shareholder agreements — can compel you to sell your shares even if you would prefer not to. When structured properly, they facilitate clean exits. When poorly drafted or abusively [...]

Named Auditors Under CALA 2025: What Singapore Companies and Their Boards Need to Know

From 6 May 2026, audit reports of Singapore companies that are required to have a statutory audit must now identify by name the individual public accountant primarily responsible for the engagement. This change, introduced by the Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025), marks a significant departure from the longstanding practice of signing [...]

The New Double-Hurdle for Selective Share Buy-Backs Under CALA 2025

On 6 May 2026, the Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025) commenced. Among its most significant — and least-publicised — changes is a new two-tier approval requirement for selective share buy-backs. If your company is considering buying back shares from specific shareholders, the rules have changed and the approval bar is now [...]

SSIC 2025 Is Live: Does Your Company’s Business Activity Code Still Reflect What You Do?

On 9 May 2026, ACRA automatically migrated every registered entity in Singapore from the Singapore Standard Industrial Classification 2020 (SSIC 2020) to the new SSIC 2025 framework. If you are a director or business owner who has not yet checked your company's updated code on Bizfile, now is the time. The migration was automatic — [...]

Winding Up a Singapore Company Where the Objects Are Illegal or Fraudulent

Singapore company law provides several grounds on which the court may order a company to be wound up compulsorily. Among the less commonly invoked but legally significant grounds is the power to wind up a company whose formation was for an illegal purpose, or whose business has been carried on fraudulently. These grounds intersect with [...]

Compliance Guide for Singapore F&B Companies: Licences, Tax, Employment & Corporate Filings

Singapore's food and beverage (F&B) industry is one of the most heavily regulated sectors in the country. Between the Singapore Food Agency (SFA), the Ministry of Health, the Urban Redevelopment Authority (URA), the National Environment Agency (NEA), the Singapore Tourism Board (STB), and the Singapore Police Force (SPF), an F&B business operating in Singapore must [...]

The New Double-Hurdle for Selective Share Buy-Backs Under CALA 2025

On 6 May 2026, the second tranche of the Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025) came into force. Among the changes with the most direct impact on corporate transactions is a significant tightening of the approval process for selective off-market share buy-backs. Where a single special resolution previously sufficed, companies must now [...]

SSIC 2025 Is Live: Does Your Company’s Business Activity Code Still Reflect What You Do?

On 9 May 2026, the Singapore Standard Industrial Classification 2025 (SSIC 2025) officially took effect. ACRA automatically migrated every company, partnership, and sole proprietorship registered on BizFile+ from the old SSIC 2020 framework to its nearest SSIC 2025 equivalent using official correspondence tables published by the Department of Statistics Singapore (SingStat). For most businesses, the [...]

Quasi-Partnership Companies and Just and Equitable Winding Up in Singapore

Among the most complex and fact-sensitive areas of Singapore company law is the concept of the "quasi-partnership" company and its relevance to just and equitable winding up petitions under Section 254(1)(i) of the Companies Act (Cap. 50). The quasi-partnership doctrine allows Singapore courts to look beyond the strict corporate form and apply equitable principles that [...]

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