Filing an annual return with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) is a core requirement for every company. This document updates the public register with your company’s directors, shareholders, registered address, and financial year end. Doing it correctly ensures compliance and keeps your business in good standing. Missing it risks fines and potential...
As businesses grow, their financial operations become increasingly complex. A simple spreadsheet that once tracked revenue and expenses can quickly become inadequate as invoices, payroll, taxes, and reporting demands multiply. Monthly bookkeeping is the discipline that keeps this complexity manageable, offering clarity, ensuring compliance, and enabling leaders to make strategic decisions....
Every company produces a range of records that reflect its activities. Some, like meeting minutes, document routine decisions, while others, such as share registers or regulatory filings, carry significant legal importance. These documents collectively provide a clear record of the company’s governance, ownership, and compliance with legal obligations.
The corporate secretary is...
Singapore’s business-friendly environment makes it a top choice for entrepreneurs worldwide, but launching a company involves navigating specific legal obligations. One of the most critical, especially for foreign founders, is the resident director requirement. Enforced by the Accounting and Corporate Regulatory Authority (ACRA), this rule is mandatory for registering a private limited...
Starting a business in Singapore seems like a simple checklist. Register with ACRA (Accounting and Corporate Regulatory Authority), appoint a director, and open a bank account. Done, right?
For foreigners, it’s rarely that straightforward. A single mistake during setup can lead to fines, delays, or lost opportunities, often costing over $10,000. Many only discover their errors when...
Operating a private limited company in Singapore involves more than just running the business. The Accounting and Corporate Regulatory Authority (ACRA) enforces mandatory compliance rules that every company must follow, regardless of its scale. These are not optional suggestions but legal requirements. Failing to comply can lead to fines, reputational harm, or even the dissolution of your...
Restructuring a company in Singapore is a complex endeavor that blends strategic, financial, and legal components. Corporate secretarial services are vital to ensuring that all legal requirements, from filings to approvals, are met with precision.
The corporate secretary’s role during restructuring goes beyond administrative tasks. They ensure compliance with the Companies Act,...
In Singapore, every company must appoint a corporate secretary within six months of incorporation—a legal necessity. This role involves more than paperwork; it requires ensuring compliance with ACRA, meeting deadlines, and staying updated with regulatory shifts.
The choice is whether to hire an in-house corporate secretary or outsource the work to a professional firm. The best option...
Corporate restructuring is a complex undertaking, whether it involves merging entities, reallocating resources, or reshaping leadership. In Singapore’s highly regulated business environment, every step must comply with strict legal and administrative requirements. A single oversight can lead to delays, penalties, or loss of stakeholder trust.
Corporate secretarial services are the...
Operating a business in Singapore means you’ll need to update shareholder information at some point—whether it’s transferring shares, issuing new ones, or updating details like a name or address. These changes aren’t just administrative; they’re legal obligations under the Companies Act, overseen by ACRA (Accounting and Corporate Regulatory Authority).
Errors can...
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