The Corporate Service Providers Act 2024 ("CSP Act") came into force on 9 June 2025, fundamentally reshaping how corporate service providers in Singapore must operate. If you are a business owner using a corporate secretarial firm, accounting practice, or any provider offering company incorporation, nominee director, or registered office services — you need to know [...]
Something changed quietly on 6 May 2026 that will affect every Singapore company that goes through a statutory audit. With the commencement of selected provisions of the Corporate and Accounting Laws (Amendment) Act 2025, every statutory audit report of a Singapore-incorporated company must now identify — by name — the public accountant who was primarily [...]
Singapore's Corporate and Accounting Laws (Amendment) Act 2025 commenced 6 May 2026. Director fines now up to S$20,000. AML disqualification, audit partner naming rules explained.
The EntrePass: Singapore's Door for Innovative Founders Singapore has become one of the most sought-after launchpads for venture-backed founders in Asia — and the EntrePass is the work pass purpose-built for that population. Where the Employment Pass is structured around hiring, and the Tech.Pass is calibrated for senior tech talent, the EntrePass exists for one [...]
Why Drag-Along Rights Matter for Singapore Companies If you are a founder, investor, or director of a Singapore private limited company, the day a serious buyer arrives at your door is rarely the right moment to discover that two minority shareholders are refusing to sell. Without a drag-along clause in place, a 5% holdout can [...]
When founders and investors negotiate a Singapore shareholders' agreement, two clauses tend to dominate the exit discussion: drag-along rights and tag-along rights. Of the two, drag-along is by far the more contentious — and the more powerful. A well-drafted drag-along clause can be the difference between a clean 100% sale of your company and a [...]
Closing down a Singapore company is rarely a decision business owners take lightly. Whether the venture has run its course, the founders have moved on to other projects, or a holding entity is no longer needed, the cleanest way to wind things up — for most small, solvent, non-trading companies — is to strike the [...]
Whether you are restructuring your business, bringing in a new investor, or facilitating the exit of an existing shareholder, transferring shares is one of the most common corporate transactions for Singapore private limited companies. Despite its frequency, the process involves several legal, regulatory, and tax considerations that directors and shareholders must navigate carefully. Understanding the [...]
Introduction Whether you are bringing in a new business partner, restructuring ownership among existing shareholders, or planning a succession strategy, transferring shares in a Singapore private company is one of the most common corporate transactions you will encounter. While the process is relatively straightforward, it involves specific legal requirements under the Companies Act 1967, stamp [...]
Operating a company in Singapore comes with several regulatory obligations, primarily governed by the Companies Act. The Accounting and Corporate Regulatory Authority (ACRA) mandates various filings to ensure transparency and accountability. Understanding these requirements is crucial for all businesses, regardless of size, to maintain compliance and avoid penalties. General Requirements for Company Accounts [...]