The Global Investor Programme (GIP) gets most of the attention it deserves for the numbers involved: a S$10 million commitment under Option A, a S$25 million fund subscription under Option B, and audited turnover figures running into the hundreds of millions for the applicant's underlying business. What gets far less attention is what has to [...]
Striking off a dormant Singapore company has long been treated as a clean, low-cost way to close a chapter: file the application, let the notices run their course, and the entity disappears from the register. Many directors also assume the position is reversible, that if a struck-off special purpose vehicle or old holding company is [...]
Most Singapore incorporations start, and stay, private companies limited by shares. But a growing number of scale-ups, pre-IPO groups and companies planning an employee share scheme with a wide participant base eventually bump into the ceiling that Section 18 of the Companies Act 1967 places on every private company. When that happens, directors and their [...]
Extension of Time for Financial Statement Audit Completion: A Different Deadline From the AGM and Annual Return EOT Directors sometimes ask whether there is a separate "extension of time" they can apply for when their auditor simply has not finished the audit yet. It is an understandable question: the audit is often the single biggest [...]
A single wrong entry in a company’s register of members rarely looks urgent. It might be a shareholder’s name spelt slightly differently from their NRIC, a transfer that was recorded a week late, or an allotment that never quite made it onto the record after a fundraising round. Until, that is, the company needs to [...]
Related Party Transactions in Singapore Financial Statements: FRS 24 Disclosure Requirements Explained Every Singapore private company that transacts with its own directors, shareholders, or group companies is, whether it realises it or not, dealing in related party transactions. A director's loan account, a management fee charged by a holding company, a director-owned property rented to [...]
What Is a Registered Office Address in Singapore? Every company incorporated in Singapore must have a registered office address. This is a legal requirement under the Companies Act 1967 and is not optional — it is the official address on record with the Accounting and Corporate Regulatory Authority (ACRA) where statutory notices, government correspondence, and [...]
The question of who truly owns shares in a Singapore company is not always as straightforward as the share register suggests. A shareholder named on the register may hold shares as a nominee for another person. A director may have procured the allotment of shares to themselves or their associates in breach of their duties. [...]
For most Singapore private companies, the true cost of compliance is invisible — until something goes wrong. Directors who have never calculated the fully loaded cost of an in-house company secretary, or compared it against what a professional corporate services provider charges, are often shocked by the difference. The case for outsourcing corporate secretarial, payroll, [...]
Singapore's regulatory environment has tightened considerably over the past two years. The Corporate and Accounting Laws Amendment Act 2025 (CALA 2025), which commenced on 6 May 2026, introduced higher director penalties and stricter nominee register requirements. The Monetary Authority of Singapore's revised anti-money laundering frameworks have placed new expectations on boards. Meanwhile, the Personal Data [...]