Running a private limited company in Singapore involves more than just driving business growth. The Accounting and Corporate Regulatory Authority (ACRA) enforces strict compliance rules that every company must follow, regardless of its size. These are legal obligations, not optional tasks. Non-compliance can result in fines, reputational damage, or even the dissolution of your company. For...

Restructuring a company in Singapore is a layered process, combining strategic, financial, and legal considerations. Corporate secretarial services are vital for ensuring that all legal requirements, from filings to approvals, are met with accuracy. The corporate secretary’s role during restructuring is far more than administrative. They ensure compliance with the Companies Act,...

If you run a business in Singapore, corporate secretarial work isn’t optional. It’s required. Every company here needs a corporate secretary within six months of incorporation. That role comes with deadlines, compliance responsibilities, and the constant need to stay updated with ACRA regulations.   So the big question is: Should you hire someone in-house or outsource the job...

Managing a business in Singapore means staying on top of compliance deadlines, especially for the Annual General Meeting (AGM) and Annual Return (AR). These are mandatory requirements under the Companies Act, not optional formalities. Missing them incurs penalties from ACRA, Singapore’s corporate authority. Whether due to an oversight, overwhelming workloads, or not knowing the rules,...

Compliance is a cornerstone for businesses in Singapore. Annual filings, board meetings, and accurate records are mandatory. But the real cost of non-compliance goes beyond fines—it drains your time, trust, and opportunities for growth. Let’s be real: compliance isn’t exciting. It’s complex, it evolves, and it often feels like a distraction from your core priorities. In...

As a director of a Singapore company, the Companies Act 2014 is your guiding framework. Whether you’re managing a startup or a large corporation, this law clearly defines your responsibilities. Failing to comply can lead to serious repercussions. Here’s a concise guide to the key points. 1. Your Role Is More Than Symbolic Being a director isn’t just a prestigious...

In Singapore, businesses must navigate regulations from ACRA (Accounting and Corporate Regulatory Authority) and IRAS (Inland Revenue Authority of Singapore). ACRA oversees corporate governance and filings, while IRAS manages taxation. Though separate, their processes are linked — errors in ACRA filings can complicate IRAS submissions. Understanding this integration is crucial for staying...

Your business is destined for greatness, but paperwork can feel like a roadblock. Annual filings are your ticket to staying compliant and building a strong foundation for growth. This guide breaks it down and shows how corporate secretarial services can keep you moving forward. 1. Financial Statements What Are They? Reports like your balance sheet and income statement that show your...

Running a business is demanding, and legal issues can complicate things further. Most companies don’t face fines or investigations for intentionally breaking rules—they stumble by missing a regulation or failing to stay current. Corporate compliance is your shield, ensuring your business follows regulations to avoid legal and financial risks. Let’s break it down. What Is...

The company constitution is a fundamental document that governs how a business operates. It outlines the rights of shareholders, the powers of directors, and the procedures for making key decisions. As businesses grow or change direction, the original constitution may need revision.   Here’s a guide on how to amend a company constitution in Singapore and the role ACRA plays in...