singapore - Corporate Law

Co-operative Societies (Amendment) Act 2018 (Commencement) Notification 2019

This is to notify that Sections 12, 13, 26 and 42 of the Co-operative Societies (Amendment) Act 2018 come into operation on 22 April 2019.
Date: 17 April 2019; Type: Federal Subsidiary Legislation; Citation: No. S 316; Source: Singapore Statutes Online

Co-operative Societies (Amendment) Rules 2019

These Rules come into operation on 22 April 2019.
Date: 17 April 2019; Type: Federal Subsidiary Legislation; Citation: No. S 317; Source: Singapore Statutes Online

CCCS Consults on In-Depth Review of Private Clinical Laboratories Merger

The Competition and Consumer Commission of Singapore (CCCS) upon the receipt of an application for a decision on whether the acquisition of Innovative Diagnostics Private Limited and Quest Laboratories Pte Ltd by the Pathology Asia Holdings Pte. Ltd. infringes the prohibition in the Competition Act against anticompetitive mergers. The CCCS complete ...
Date: 16 November 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

Variable Capital Companies Act 2018

This Act seeks to provide for the incorporation, operation, and regulation of bodies corporate to be known as variable capital companies and to provide for related matters and to make consequential and related amendments to certain other Acts.
Date: 12 November 2018; Type: Federal Act; Citation: No. 43; Source: Singapore Statutes Online

Enterprise Singapore Board (Conformity Assessment) Regulations 2018

These Regulations come into operation on 11 October 2018.
Date: 10 October 2018; Type: Federal Subsidiary Legislation; Citation: No. S 686; Source: Singapore Statutes Online

Companies (Amendment) Act 2018 (Commencement) Notification 2018

This is to notify that the Companies (Amendment) Act 2018 comes into operation on 1 October 2018.
Date: 28 September 2018; Type: Federal Subsidiary Legislation; Citation: No. S 606; Source: Singapore Statutes Online

Companies (Amendment) Act 2018

This Act seeks to amend Sections 131 and 210 of the Companies Act.
Date: 10 September 2018; Type: Federal Amendment Act; Citation: No. 31; Source: Singapore Statutes Online

Insolvency, Restructuring and Dissolution Bill

This Bill seeks to amend and consolidate the written laws relating to the making and approval of a compromise or an arrangement with the creditors of a company or an individual, receivership, corporate insolvency and winding up, individual insolvency and bankruptcy, and the public administration of insolvency, to provide for the regulation of ...
Date: 10 September 2018; Type: Federal Bill; Citation: Bill No. 32/2018; Source: Singapore Statutes Online

Variable Capital Companies Bill

This Bill seeks to create a regime for the incorporation and regulation of Variable Capital Companies (VCCs) which are investment funds that are constituted as bodies corporate. A VCC may be a single investment fund or an “umbrella VCC” comprising a number of sub-funds. The Bill applies the provisions of the Companies Act with modificat ...
Date: 10 September 2018; Type: Federal Bill; Citation: Bill No. 40/2018; Source: Singapore Statutes Online

Companies (Amendment) Act 2017 (Commencement) Notification 2018

This is to notify that Sections 2(b), 4(a), 9 to 12, 14(a), (b) and (d), 15 to 20 and 48 of the Companies (Amendment) Act 2017 come into operation on 31 August 2018.
Date: 30 August 2018; Type: Federal Subsidiary Legislation; Citation: No. S 510; Source: Singapore Statutes Online

Companies (Amendment) Act 2017 (Saving and Transitional) Regulations 2018

These Regulations come into operation on 31 August 2018.
Date: 30 August 2018; Type: Federal Subsidiary Legislation; Citation: No. S 517; Source: Singapore Statutes Online

Companies (Amendment) Regulations 2018

These Regulations come into operation on 31 August 2018.
Date: 30 August 2018; Type: Federal Subsidiary Legislation; Citation: No. S 511; Source: Singapore Statutes Online

Companies (Fees and Late Lodgment Penalties) (Amendment No. 3) Regulations 2018

These Regulations come into operation on 31 August 2018.
Date: 30 August 2018; Type: Federal Subsidiary Legislation; Citation: No. S 514; Source: Singapore Statutes Online

Companies (Filing of Documents) (Amendment) Regulations 2018

These Regulations come into operation on 31 August 2018.
Date: 30 August 2018; Type: Federal Subsidiary Legislation; Citation: No. S 513; Source: Singapore Statutes Online

Companies (Revocation) Regulations 2018

These Regulations come into operation on 31 August 2018.
Date: 30 August 2018; Type: Federal Subsidiary Legislation; Citation: No. S 516; Source: Singapore Statutes Online

Companies (Summary Financial Statement) (Amendment) Regulations 2018

These Regulations come into operation on 31 August 2018.
Date: 30 August 2018; Type: Federal Subsidiary Legislation; Citation: No. S 512; Source: Singapore Statutes Online

Companies (Transfer of Registration) (Amendment) Regulations 2018

These Regulations come into operation on 31 August 2018.
Date: 30 August 2018; Type: Federal Subsidiary Legislation; Citation: No. S 515; Source: Singapore Statutes Online

Response to Feedback Received on Review of MAS 105 on Insurers’ Appointment of Custodians and Fund Managers

The Monetary Authority of Singapore (MAS) has carefully considered the feedback received on the consultation paper issued on 9 November 2016, on the proposed enhancement of the requirements for safeguarding assets of insurance funds when insurers appoint custodians and sub-custodians to hold such assets and to refine and streamline the information ...
Date: 28 August 2018; Type: Feedback; Source: Monetary Authority of Singapore

Singapore Corporate Access (CorpPass)

This is to notify that from 1 Sep 2018, CorpPass will be the only login method for online corporate transactions with the Government.
Date: 23 August 2018; Type: Guideline; Source: Inland Revenue Authority of Singapore

Business Trusts (Amendment) Regulations 2018

These Regulations come into operation on 14 August 2018.
Date: 13 August 2018; Type: Federal Subsidiary Legislation; Citation: No. S 492; Source: Singapore Statutes Online

INDUSTRY UPDATES

Labour Ministry opens Automation Center

BANGKOK, Jul 17 (NNT) - On efforts to push the Thai industrial sector into the 4.0 era, human resources must be capable of operating technology and automated systems, especially in the Eastern Economic Corridor (EEC) development project. To achieve this goal, the Ministry of Labour has established a human resources development center on automation and robots at the Institute for Skills Development 3, located in Chonburi.

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INDUSTRY UPDATES

Guidebook on Parliamentary Constituencies launched

KUALA LUMPUR, Jul 17 (Bernama) - Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof today launched Wakil Kita di Parlimen, a 228-page guidebook containing relevant information on all the 222 parliamentary constituencies.

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INDUSTRY UPDATES

Students among Plaintiffs in Lawsuit over Sungai Kim Kim Pollution

JOHOR BAHRU, Jul 17 (Bernama) - Thirty-four students are among 171 individuals who are suing the Johor state government, Menteri Besar Datuk Osman Sapian and 10 others over the pollution in Sungai Kim Kim near Pasir Gudang last March.

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INDUSTRY UPDATES

Mandalay Region Hluttaw approves New High Court Judge

Mandalay Region Hluttaw was unanimously appointed a new regional high court judge on the second day of the second session of the hluttaw after being nominated by the regional chief minister.

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INDUSTRY UPDATES

DOJ forms Special Team to probe Kidapawan Broadcaster's Slay

MANILA, Jul 12 (PNA) - Department of Justice (DOJ) Secretary Menardo Guevarra on Friday said he has ordered a special investigation team to look into the killing last Wednesday of radio commentator Eduardo Dizon who was gunned down on the way home in Kidapawan City, Cotabato.

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INDUSTRY UPDATES

New BSP Deputy Governor sworn in

MANILA, Jul 12 (PNA) - Francisco G. Dakila Jr. received his oath of office as Deputy Governor for Monetary and Economics Sector (MES) in ceremonies administered by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno on Thursday.

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INDUSTRY UPDATES

Chief Justice heads Penang Honours List

GEORGE TOWN, Jul 12 (Bernama) - Chief Justice Datuk Tengku Maimun Tuan Mat heads the list of 877 recipients of state honours and honorary medals in conjunction with the 81st birthday of the Yang Dipertua Negeri of Penang Tun Abdul Rahman Abbas.

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INDUSTRY UPDATES

Prosecution failed to serve Summons on Shahrizat's Children, Court sets new Mention Date

KUALA LUMPUR, Jul 12 (Bernama) - The Sessions Court here today set Aug 5 for mention of a lawsuit filed by the Companies Commission of Malaysia (CCM) against two children of former Women, Family and Community Development Minister Tan Sri Shahrizat Abdul Jalil in connection with several offences allegedly committed by their company.

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INDUSTRY UPDATES

Free Legal Service to be provided for the Poor

Legal aid groups will provide free legal services to poor people and those in need of legal assistance across the country in an effort to support the rule of law and restore public trust in the judiciary.

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INDUSTRY UPDATES

Bill to increase Sabah State Seats to be tabled on July 17

KOTA KINABALU, Jul 11 (Bernama) - Sabah Chief Minister Datuk Seri Mohd Shafie Apdal is confident the Bill for the additional 13 seats, to increase the number of state seats from 60 to 73, will be approved when it is tabled in Parliament on July 17.

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INDUSTRY UPDATES

SolGen asks SC to dismiss Writ of Kalikasan Suit on WPS

MANILA, Jul 9 (PNA) - Solicitor General Jose Calida on Tuesday asked the Supreme Court (SC) to dismiss the petition filed against government agencies, which seeks unspecified action on the disputed areas in the West Philippine Sea.

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INDUSTRY UPDATES

IRB records 486,360 Cases of Voluntary Tax Declaration

KUALA LUMPUR, Jul 8 (Bernama) - The Inland Revenue Board of Malaysia (IRB) has recorded 486,360 cases of voluntary tax declaration under the special voluntary declaration programme (PKPS) as of June 23.

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INDUSTRY UPDATES

Sugar Tax: SME Traders can file Postponement Appeal

PARIT BUNTAR, Jul 7 (Bernama) - Small and Medium Enterprise (SME) traders affected by the sugar tax on sweetened drinks which came into effect this month, can file a postponement appeal to the relevant authorities.

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INDUSTRY UPDATES

Sarawak Government has not Officially responded on the RM1 Loan Offer - MOF

KUALA LUMPUR, Jul 6 (Bernama) - The Sarawak state government has yet to provide any official feedback to the Federal government on the proposed loan offer, amounting to RM1 billion, which will be allocated for repairs of dilapidated schools in the state.

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INDUSTRY UPDATES

Government offers Tax Incentives, grants to boost Participation in Expo 2020 Dubai

PUTRAJAYA, Jul 5 (Bernama) - The government has approved tax incentives and grants to encourage potential participating and contributing companies in the upcoming Expo 2020 Dubai.

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INDUSTRY UPDATES

PCC approves New Clark City Power Distribution Deal

MANILA, Jul 3 (PNA) - The Philippine Competition Commission (PCC) has approved the proposed joint venture between the Bases Conversion and Development Authority (BCDA) and the consortium of Manila Electric Company (Meralco) and its Japanese partners to develop a power distribution system in New Clark City.

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INDUSTRY UPDATES

Airbnb wants clearer Guideline on Tourism Tax

KUALA LUMPUR, Jul 2 (Bernama) -- Online hospitality service brokerage company, Airbnb Inc urged the government to provide a clearer guideline on tourism tax for its type of business.

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INDUSTRY UPDATES

Malcontento to take oath as New Prosecutor General on July 2

MANILA, Jul 1 (PNA) - Justice Secretary Menardo Guevarra said newly appointed Prosecutor General Benedicto Malcontento may assume office as soon as he takes his oath Tuesday.

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