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What is Singapore company’s requirements for reducing Singapore company’s share capital?
What is Singapore company’s requirements for reducing Singapore company’s share capital?
Sriyanka Nakarmi avatar
Written by Sriyanka Nakarmi
Updated over a week ago

Companies may refer the Singapore Companies (Amendment) Regulations 2006 which will be issued after 30th Jan 06. They may also refer to Practice Direction No 2 of 2006 which is available on ACRAs website.

Share capital after 30th Jan 2006 - Companies will not be required to notify ACRA of the particulars of the authorised capital and the par value of the share. The share capital of the company will be referred to as the Issued Capital in BizFile records and reports. The term Paid-up Capital will be still be used to denote the amount paid on issued shares.

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