Not every Singapore company is required to have its financial statements audited each year. For thousands of small businesses, the small company audit exemption under the Companies Act 1967 removes the mandatory audit requirement — saving directors significant time and cost without compromising their core compliance obligations. But qualifying is not automatic, and changes may [...]
When a Singapore company is struck off the Accounting and Corporate Regulatory Authority (ACRA) register, it ceases to exist as a legal entity. For a creditor owed money by that company, this is often deeply frustrating: the debtor has, in effect, been administratively dissolved — removing the entity the creditor needs to sue, enforce against, [...]
Singapore's food and beverage (F&B) industry is one of the most vibrant and competitive in Asia, contributing significantly to both employment and GDP. But running an F&B business in Singapore comes with a demanding compliance environment — spanning food safety regulations, licensing requirements, employment rules, GST, corporate tax, and ACRA filing obligations. Understanding these requirements [...]
When investors put money into a private company, one of the most consequential provisions in their shareholder agreement is often the drag-along right. Yet many founders and minority shareholders sign shareholder agreements without fully understanding what this clause means in practice — or how it can be used to compel them to sell their shares [...]
Singapore is one of the world's leading e-commerce markets, with a highly connected population, strong logistics infrastructure, and a regulatory environment designed to support digital commerce. Whether you are running a purely online business, a hybrid retail-and-online operation, or an e-commerce platform serving customers across Southeast Asia, understanding your tax and compliance obligations in Singapore [...]
For foreign businesses deciding where to anchor their Asia-Pacific operations, Singapore and Hong Kong are invariably the two names at the top of the list. Most comparisons focus on tax rates, incorporation costs, or banking access — but for directors, shareholders, and corporate governance professionals, the more important question is: which jurisdiction imposes higher standards [...]
Singapore's nominee director landscape changed materially on 6 May 2026, the date the Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025) came into force. For years, nominee directors operated in a relatively low-stakes environment — but CALA 2025 has quadrupled the maximum fine for breaching director duties, criminalised informal nominee arrangements, and tightened the [...]
This article is part of our series on Singapore company law court proceedings. It covers the reinstatement of a Singapore company that has been struck off the register by ACRA, from a director's practical perspective. What Does It Mean for a Company to Be Struck Off? Under Section 344 of the Singapore Companies Act (Cap. [...]
The Grant Journey Does Not End at Approval Winning a government grant in Singapore is a significant milestone for any business. But many companies make the mistake of thinking that approval is the finish line. In reality, the post-approval phase — covering claims submission, compliance obligations, and audit readiness — is where most grant-related problems [...]
What Are Treasury Shares? Treasury shares are shares in a company that have been issued, fully paid up, and subsequently repurchased by the company itself. Unlike shares that are cancelled upon repurchase, treasury shares are held by the company and may be reissued, transferred, or cancelled at a later date. Singapore law permits companies to [...]