Company Limited by Guarantee Audit in Singapore: Exemptions and Charity Rules
Does a company limited by guarantee need an audit in Singapore? See why the small company exemption rarely applies, the dormant route and charity rules.
Statutory Demand Form Singapore: What a Valid Demand on a Company Must Contain and How to Serve It
Short answer: A valid statutory demand on a Singapore company is a written demand for a debt over S$15,000 that is due, left at the company's registered office by the creditor or its authorised agent. If the company does not pay, secure or compound the sum within 3 weeks, it is deemed unable to pay [...]
Members Scheme of Arrangement in Singapore: How a Privatisation Works
Short answer: A members scheme of arrangement in Singapore is a court-supervised way to take a company private under section 210 of the Companies Act 1967. A majority in number holding at least 75% in value of those voting must approve, and the court must sanction it. It then binds every shareholder once lodged with [...]
When a Members’ Voluntary Liquidation Turns Insolvent: Conversion to a Creditors’ Winding Up
A members' voluntary liquidation turns insolvent when the liquidator doubts debts can be paid in full. See the s 165 IRDA steps, 30-day rule and filings.
Company Secretary Resignation in Singapore: The Six-Month Vacancy Rule, the 14-Day ACRA Filing and the Handover
Company secretary resignation in Singapore: the six-month vacancy rule under s 171, the 14-day ACRA filing through Bizfile and what the handover should cover.
Who Counts as an Officer of a Singapore Company? Filings and Offences
Short answer: Under section 4(1) of the Companies Act 1967, an officer of a company includes any director or secretary and anyone employed in an executive capacity, plus receivers, liquidators and judicial managers. It matters because many filing duties and offences fall on the company and on each officer in default, not only on the [...]
Managing Director vs CEO in Singapore: Which Role Does the Annual Return Question Cover?
A managing director is not automatically the CEO the annual return asks about. Here is the Companies Act test, common founder scenarios and how to record a CEO in Bizfile.
Secretary Certificate Singapore: What a Company Secretary Can Certify for a Bank
A secretary certificate is a private statement by the company confirming resolutions, officers and signatures. This guide covers what a secretary can certify, how it differs from ACRA certified products and when a notary or apostille is needed.
Authorised Signatory Singapore: Who Can Sign for a Company and How to Prove It
An authorised signatory is someone the company has formally allowed to sign for it. This guide covers who can be one, how the board grants authority and how to prove it to banks, counterparties and Corppass.
Registers Address on Bizfile: Filing When Company Registers Are Kept Away From the Registered Office
When the register of members, branch register or debenture register is kept away from the registered office, ACRA expects a registers address on Bizfile within 14 days. Here is how it works.