• bookmark
  • print
  • 0

  • share

    0

Laws Relating To... (11 of 11): Your Business Structure

Depending on your business structure or activity, there are specific laws that you must comply with.


Publisher Image

Published by Enterprise Singapore
on 16 Oct 2019

Laws Relating To... (12 of 12): Your Business Structure
  • Sole-proprietors and partnerships have other businesses structures. For instance: 
    •  A company must file its annual returns with the Accounting and Corporate Regulatory Authority (ACRA) while sole-proprietors do not.
    • Only limited liability partnerships are required to lodge an “Annual Declaration” to ACRA.
    • Only partnerships and sole-proprietors need to renew their business registrations annually before the expiry date. 
  • If you are doing business in Singapore, you are expected to comply with these laws:

Business Names Registration Act

Sets out rules for persons intending to carry on a business in Singapore.

Companies Act

Rules relating to the formation of a company and powers and responsibilities of directors and officers, among others.

Limited Liability Partnerships Act

Sets out the nature of a limited liability partnership, registration and management.

Limited Partnerships Act

Rules relating to establishing limited partnerships and the duties and offences under the Act.

Partnership Act

Sets out the nature of a partnership, relations of partners and dissolution of partnership.

 

Workshops & Seminars

For more information about the laws, sign up for workshops and programmes under these organisations:

 

Last Modified Date: 16 Oct 2019