Business Continuity Planning

Guide to Business Continuity Planning (BCP) for Singapore SMEs

With Singapore fighting against the coronavirus outbreak, companies are encouraged to devise and implement a business continuity plan to reduce business disruptions and make sure they remain viable during the pandemic. It may include separating employees into teams that can work at distinct times or locations. Staff may also be cross-trained and have shifting or […]

AGM and ARs Filing

ACRA Announced Support Measures for AGM and ARs Filing

In light of the COVID-19 outbreak in Singapore, some companies in the country might encounter difficulties to hold their Annual General Meeting and file their Annual Returns. Therefore, ACRA has granted deadline extension for these statutory requirements. This article offers some essential information about the Annual General Meeting, Annual Returns, and ACRA’s support measure for […]

Corporate Secretary Calling

4 Key Reasons Why Singapore Startups Need to Hire A Company Secretary for Business Empowerment

Appointing a secretary in a corporation is mandated by the Singapore government. Singapore’s Companies Act required all companies to have an eligible corporate secretary appointed within six months from the company’s date of incorporation. Failure to comply with this regulation may lead to penalties. Fortunately, startups, especially foreign entrepreneurs, can seek guidance from Corporate Services […]

Protecting Privacy Directors, CEO and Company Secretary

Protecting the Privacy of Directors, CEOs and Company Secretaries in Singapore

A couple of years ago, the Accounting and Corporate Regulatory Authority of Singapore (ACRA) introduced new amendments to a highly controversial provision of the Companies Act. The changes allowed Singapore’s companies to register an alternate address for their directors, CEOs, and secretaries. While some business owners have taken full advantage of this opportunity, unfortunately, not many companies […]