Reducing Share Capital in Singapore: A Director’s Guide (2026)

A Singapore private limited company can reduce its share capital — but the process is more involved than many directors realise. The Companies Act 1967 requires court approval or, where certain conditions are met, a solvency statement procedure. This guide walks directors through both routes, the legal requirements, common reasons for a reduction, and what [...]

Setting Up a Variable Capital Company Sub-Fund in 2026: What’s Changed and Why Asset Managers Are Taking Notice

Singapore's Variable Capital Company (VCC) framework has matured significantly since its 2020 launch. As at Q1 2026, more than 1,100 VCCs are registered with ACRA, managed by approximately 600 MAS-licensed fund management companies. Yet one area where even experienced fund managers make costly mistakes is at the sub-fund level — the layer within a VCC [...]

Section 13O vs 13U: Comparing Singapore’s Two Family Office Tax Incentive Schemes (2026)

Singapore has firmly established itself as the preferred domicile for family offices across Asia, and the two flagship tax incentive schemes — Section 13O and Section 13U of the Income Tax Act 1947 — sit at the heart of that attractiveness. Both schemes exempt qualifying investment income derived by family office fund vehicles from Singapore [...]

Understanding Drag-Along Rights in Singapore Shareholder Agreements

When shareholders come together to build a business, exit strategy is often the last thing on their minds. But in Singapore private limited companies, how you handle a sale — and what happens to minority shareholders who do not want to sell — can make or break a transaction. Drag-along rights are among the most [...]

Singapore Annual Filing Calendar 2026: Every Deadline Your Private Limited Company Needs to Know

Every director and company secretary of a Singapore private limited company faces the same annual challenge: keeping track of the statutory deadlines that govern corporate filings with ACRA, IRAS, and MOM. Miss a deadline and the company — and its officers — face late filing penalties, composition fines, or in serious cases, prosecution under the [...]

Understanding Drag-Along Rights in Singapore Shareholder Agreements

When founders and investors structure a Singapore private limited company, one of the most consequential clauses they can include in a shareholder agreement is the drag-along right. Yet it is also one of the least understood. Poorly drafted drag-along provisions have torpedoed exits, triggered shareholder disputes, and in some cases landed parties in court. This [...]

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