Selective Share Buyback Under CALA 2025: New Double-Tier Approval Requirements for Singapore Company Secretaries

Since 6 May 2026, any Singapore company that wishes to carry out a selective share buyback — buying back its own shares from specific shareholders rather than offering equally to all — must satisfy a new double-tier approval requirement. This change, introduced by the Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025), significantly strengthens [...]

Named Audit Partner in Singapore Audit Reports: What Company Secretaries and Boards Must Do from 6 May 2026

From 6 May 2026, every audit report issued for a Singapore company must do something new: it must identify by name the individual public accountant who was primarily responsible for that audit engagement. This change, introduced by the Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025), is one of the most significant shifts in [...]

Members’ Voluntary Winding Up vs Court-Ordered Winding Up in Singapore

When a Singapore company reaches the end of its commercial life — whether because the business has succeeded and shareholders want to realise their investment, or because the company has failed and creditors are pressing for repayment — the question of how to close it properly arises. Singapore law provides two fundamentally different pathways: Members' [...]

Singapore Retirement Age Rises to 64 on 1 July 2026: What Employers and Directors Must Know

From 1 July 2026 — just weeks away — Singapore's statutory retirement age rises from 63 to 64. The re-employment age rises simultaneously from 68 to 69. These changes are mandatory and carry significant consequences for employers who fail to comply. Directors, HR managers, and company secretaries should be reviewing their employment documentation and HR [...]

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 [...]

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