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Key Changes in the Companies Act

With the passing of the Companies Amendment Act in parliament in October 2014, the Companies Act (“CA”) has underwent sweeping amendments.

The first phase of the amendments came into effect on 1 July 2015 and the second phase of the amendment implemented on 3 January 2016.

The article extracts and highlights the key legislative changes for both phases from the Accounting and Corporate Regulatory Authority (“ACRA”).

Click here to read Selective Key Legislative Amendments for Phase 1 and 2

7 essential statutory compliance requirements for Singapore companies
Singapore undoubtedly is the first choice for doing business. This is affirmed by the fact that Singapore was ranked 2nd on World Bank’s Ease of Doing Business report in 2017.   While the procedure of company incorporation in Singapore and doing business is easy, all companies are required to comply with statutory requirements laid down by … Continue reading "7 essential statutory compliance requirements for Singapore companies"
How to change or remove the company secretary in Singapore
Along the course of your business, there might come a time when you feel the need of changing your company secretary in Singapore. This may be due to various reasons including: A company secretary who can provide proper guidance and advice in relation to ongoing compliance regulatory requirements Excessive additional fees charged by the secretary … Continue reading "How to change or remove the company secretary in Singapore"