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 […]

Secretarial Services Demand Singapore

The Increasing Demand for Corporate Secretarial Services in Singapore

In the old days, most small and medium-sized businesses don’t bother hiring a professional secretary. However, this had changed following the approval of the Companies Act, a statutory requirement that necessitates businesses to hire secretaries. Businesses are required to appoint a secretary within six months following their establishment. The statutory requirement also mentioned that the […]

Avoid Late Payments

How to Avoid Late Payments from Customers

It is not unusual to have to chase customers for payment. However, even if you have made a lot of sales and your profits look good on paper, late payments can affect your business’ cash flow. An unhealthy cash flow can affect your ability to pay your employees’ salaries, buy equipment or raw materials, and […]

Transfer of Shares

Guide to Transfer of Shares for Singapore Companies

Private limited companies in Singapore may appoint a minimum of 1 and up to 50 local or foreign shareholders. The shareholders of a company are considered its owners and they may wish to sell or transfer their shares for reasons such as retirement, gifting or raising funds. In this guide, we will refer to the […]