Bonus Issues vs Rights Issues: How Singapore Companies Raise Fresh Capital

Raising fresh capital is a recurring challenge for any growing Singapore company. When the existing cash reserves and retained earnings are not enough to fund expansion, acquisitions, or working capital, directors and shareholders usually turn to one of two well-established tools under the Companies Act 1967: the bonus issue and the rights issue. At first [...]

Maintaining Proper Statutory Records in Singapore: A Compliance Guide for Companies

Introduction Every company incorporated in Singapore is required by law to maintain a comprehensive set of statutory records. These records serve as the official documentation of a company’s structure, governance decisions, and financial activities. Failure to keep them up to date can result in penalties, prosecution, and even the disqualification of directors. Yet many business [...]

How to Transfer Shares in a Singapore Private Limited Company

Why Share Transfers Matter for Singapore Companies Transferring shares in a Singapore private limited company is one of the most common corporate transactions that business owners will encounter. Whether you are bringing in a new investor, restructuring ownership among existing shareholders, or facilitating a management buyout, understanding the proper procedure for transferring shares is essential. [...]

The Corporate Service Providers Act 2024: What Singapore Businesses Need to Know

What Is the Corporate Service Providers Act 2024? The Corporate Service Providers Act 2024 (CSP Act) represents one of the most significant pieces of legislation to impact the corporate services industry in Singapore in recent years. Enacted by Parliament and brought into effect on 9 June 2025, the CSP Act establishes a comprehensive regulatory framework [...]

The Annual Compliance Calendar for Singapore Companies in 2026

Running a company in Singapore comes with a host of regulatory obligations. From holding your Annual General Meeting to filing tax returns with the Inland Revenue Authority of Singapore (IRAS), missing a single deadline can result in penalties, fines, or even prosecution. For directors and company officers, staying on top of these requirements is not [...]

Corporate and Accounting Laws (Amendment) Act 2025: What Singapore Companies Need to Know

Singapore’s corporate regulatory landscape is undergoing one of its most significant transformations in recent years. The Corporate and Accounting Laws (Amendment) Act 2025, passed by Parliament on 5 November 2025, introduces sweeping changes across multiple pieces of legislation — from the Companies Act 1967 to the Accountants Act 2004 and the Limited Liability Partnerships Act [...]

Singapore’s Simplified Insolvency Programme (SIP 2.0): A Guide for Small Companies

What Is the Simplified Insolvency Programme? On 29 January 2026, the Ministry of Law launched the revamped Simplified Insolvency Programme, known as SIP 2.0. This programme provides micro and small companies in financial difficulty with streamlined, lower-cost routes to either restructure their debts or wind up in an orderly manner. It is now a permanent [...]

The Dormant Company Guide: Determining When You Are Exempt from Filing Financial Statements

Running a business in Singapore comes with stringent compliance requirements, primarily governed by the Companies Act 1967. One of the most critical annual obligations is the preparation and filing of financial statements. However, business cycles fluctuate. Sometimes, a company may be inactive, effectively "sleeping" or dormant. In such cases, the law provides relief from certain [...]

By |2026-02-05T14:42:36+08:00February 5th, 2026|Accounting Bookkeeping Tax and XBRL, Running a Company|

Key Responsibilities of a Company Secretary in Singapore

Introduction The Companies Act 1967 requires every Singapore company to appoint a corporate secretary within six months of incorporation. Beyond being a statutory requirement, the company secretary plays a pivotal role in keeping your business compliant, organised and accountable to stakeholders. Their responsibilities go far beyond administrative tasks; they support the board, protect shareholder interests [...]

By |2026-05-21T09:22:23+08:00August 14th, 2025|Running a Company|
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