Singapore Company Incorporation & Registration - AsiaBizSetup  

Company Registration, Immigration,
Accounting & Taxation Services

Русский

Enquiries Hotline: +65 6726 8000

Home | Information Index | Our Fees | Our Services | FAQs | About Us | Contact Us
singapore companies amendment act 2005

Home > Information Index > News Bulletins

Singapore Companies Amendment Act 2005

The Amendment is effective as of January 30, 2006 and incorporates changes primarily to the share capital and the capital maintenance regime including:

a) abolishes par value (nominal value) for shares and authorised capital;
b) makes transitional provisions for all companies with a share capital;
c) allows companies to give financial assistance to third parties in specified circumstances;
d) allows companies to reduce their share capital without a court order;
e) allows redemption of redeemable preference shares out of capital or profits;
f) allows companies to buy back shares out of capital or profits;

Related Topics

Information Index

Home

Our Services
 

Home | Information Index | Our Fees | Our Services | FAQs | About Us | Contact Us