Aimed to reduce the regulatory burden for companies, legislative changes to the Companies Act relating to the holding of AGMs and filing of AR for Singapore-incorporated companies took effect on 31 August 2018. The key changes that will effect companies...

Section 121 of the Companies (Amendment) Act 2014 which introduces new sections 202A and 202B of the Companies Act took effect on 20 April 2018. Concurrently, the Companies (Revision of Defective Financial Statements, or Consolidated Financial Statements or Balance Sheet)...

On 5 March 2018, the Minister for Manpower announced in Parliament that with effect from 1 April 2019, key changes will be made to the Employment Act (EA) to cover more employees in Singapore. Notably, the current salary cap of...

The Inland Revenue (Amendment) (No. 3) Ordinance 2018 was gazetted on 29 March 2018 in Hong Kong to implement the two-tiered profits tax regime to take effect on 1 April 2018. The key objectives of the change in the profit...

The Companies (Amendment) Ordinance 2018 (the “Amendment Ordinance”) introduces new requirements on the keeping of significant controllers register (“SCR”) by companies. It came into effect from 1 March 2018. The new regime would require all Hong Kong companies to obtain...

Advocates of Artificial Intelligence (AI) constantly speak of a time when technology will be capable of auditing 100% of a company’s financial transactions. These visionaries foresee the day when AI will enable auditing to be a continuous and real time...

There are a number of signs to indicate that a company is in danger of being insolvent. Here at Acutus, we are pleased to share some of these early warning signs which could hopefully allow some companies to put plans...

Time and again, business owners may plan to seek working capital or additional funding in order to expand their business. In doing so, a pertinent question that will be inevitably raised is, “Will my funding proposal represent an attractive proposition...