by The Raffles Corporate Services Editorial Team | Jul 30, 2026 | Corp Sec Library, Starting a Company
One of the first surprises for a foreign entrepreneur setting up a Singapore company is this: you cannot run the company entirely from overseas on paper. The Companies Act 1967 requires every locally incorporated company to have at least one director who is ordinarily...
by The Raffles Corporate Services Editorial Team | Jul 30, 2026 | Corp Sec Library, Running Your Company
Every person who accepts appointment as a director of a Singapore company takes on a set of legal duties that sit at the heart of the Companies Act 1967. The best known of these is Section 157, which sets out the statutory duty to act honestly and to use reasonable...
by The Raffles Corporate Services Editorial Team | Jul 29, 2026 | Corp Sec Library, Running Your Company
Some evidence exists only for as long as the wrongdoer allows it to. A dishonest ex-employee who has downloaded your customer database, a counterfeiter with a warehouse of fakes, a fraudster whose laptop holds the incriminating spreadsheets – all can make the...
by The Raffles Corporate Services Editorial Team | Jul 29, 2026 | Corp Sec Library, Running Your Company
Imagine winning your court case only to discover the defendant has quietly moved every dollar offshore, leaving you with a judgment worth nothing more than the paper it is printed on. This is the nightmare the Mareva injunction exists to prevent. Often called a...
by The Raffles Corporate Services Editorial Team | Jul 29, 2026 | Corp Sec Library, Running Your Company
When Singapore employers think about hiring foreign workers, their attention usually goes to the pass itself – the quota, the levy, the qualifying salary. But there is a parallel obligation that is easy to overlook and expensive to get wrong: the...
by The Raffles Corporate Services Editorial Team | Jul 29, 2026 | Corp Sec Library, Running Your Company
Not every financially distressed company needs a full-blown, expensive insolvency process. For years, the biggest problem for a struggling micro or small company in Singapore was that the standard tools – judicial management, schemes of arrangement, and...
