The Corporate and Accounting Laws Amendment Act 2025 (CALA 2025) commenced on 6 May 2026, bringing significant changes to how Singapore companies are wound up. Alongside the earlier Insolvency, Restructuring and Dissolution (Amendment) Act 2025, which commenced on 29 January 2026, Singapore's winding-up landscape has undergone its most comprehensive update in years. For directors and [...]
Closing a Singapore company is a process that demands precision. While the strike-off route is the cheapest and quickest way to wind down a dormant or non-trading entity, ACRA's eligibility bar is strict — and many directors are caught out by lingering tax liabilities, undischarged charges, or simple paperwork errors that delay the process by [...]
Closing a Singapore company is more often a paperwork exercise than a financial one. Most owner-managed Singapore companies that have stopped trading do not need to be wound up by a liquidator — instead, they can apply to ACRA to be struck off the register under section 344A of the Companies Act 1967. The process [...]