Singapore’s law is well-known globally for its fair, efficient, and innovative approach. The Singapore Government is constantly improving and adjusting its regulatory regime to the vital needs of the business. …
Singapore startup and business update: July 2021
The pandemic has inspired numerous persons to become their own bosses and embrace entrepreneurship. The proof of that is the number of new businesses incorporated in Singapore. In just the …
Singapore startup and business update: February 2021
Singapore is a well-known startup and financial hub that actively encourages entrepreneurship. Its startup-friendly policies include numerous business incentives and a range of incubation schemes. The National Research Foundation’s Early …
Singapore startup activity and business update: January 2021
In this post, we review some recent regulatory updates, the launch of new government services, and annual results of certain state incentives aimed at supporting SMEs. We also describe a …
Q3 2020: Recent regulatory changes in Singapore
Over the past few months, Singapore’s government has launched new e-services, enhanced its pro-business regulations, and launched new business incentives that make it easy to launch and conduct business in …
Proposed Amendments to the Singapore Companies Act
In light of OECD’s enhanced compliance guidelines and changes in technology in January 2018 the Accounting and Corporate Regulatory Authority (ACRA) initiated an extensive review of the country’s corporate laws …
Singapore implements a central register of company controllers
Several new compliance initiatives were announced by the Chartered Secretaries Institute of Singapore and the Accounting and Corporate Regulatory Authority (ACRA) at two joint sessions in February. These include implementing …
Singapore leads the OECD Push for a clean international financial sector
Every country has a duty to confront threats that can compromise the integrity of the international financial system. Singapore, as one of the most important financial hubs in the world, …
Director fined for non-compliance with Singapore Companies Act
On 21 February 2019, the Singapore state courts fined a company director a record amount of $113,400 for 54 charges. The director Tan Hang Song was previously found guilty on …
5 things that can get your Singapore company in trouble with ACRA
The Accounting and Regulatory Authority of Singapore (ACRA) is the government agency that oversees the registration and regulations of all Singapore companies. While ACRA works hard to make it easy …
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