Singapore Company Changes/Closures

Expert Guidance for Managing Corporate Changes and Winding Up Your Business in Singapore
Managing company changes or closures in Singapore requires careful planning and adherence to regulatory requirements. Lotusia Pte Ltd 新企程 provides comprehensive support to ensure that your company’s transitions, whether structural changes or complete closures, are handled efficiently and in full compliance with Singapore law.
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WHY LOTUSIA

Why Choose Lotusia

Comprehensive Corporate Expertise
Our experienced team guides you through the complexities of corporate changes and closures, ensuring compliance with all legal and regulatory requirements.
Tailored Solutions for Business Transitions
We offer customized services to address your specific needs, whether you’re restructuring your business, changing directors, or winding up operations.
Efficient Process Management
We manage the entire process, from document preparation to submission, minimizing delays and ensuring a smooth transition or closure.
Ongoing Support
Beyond the immediate changes or closure, we provide ongoing support to ensure that all related obligations are fulfilled, such as final tax filings and employee settlements.
HOW WE DO IT

Our Process for Company Changes/Closures

1)
Initial Consultation and Planning
We begin with a detailed consultation to understand the specific changes or closure requirements and develop a tailored plan to manage the process.
2)
Document Preparation and Submission
Our team prepares all necessary documents, including resolutions, notifications, and filings, ensuring compliance with the Accounting and Corporate Regulatory Authority (ACRA) and other relevant bodies.
3)
Regulatory Compliance and Notifications
We handle the submission of documents to ACRA and other authorities, ensuring all changes or closure procedures meet legal requirements and are officially recognized.
4)
Post-Change/Closure Support
After completing the changes or closure, we provide ongoing support to ensure all remaining obligations are met, including tax submissions, creditor settlements, and final reporting.
Essential Documents and Requirements

Preparation Checklist for Singapore Company Changes/Closures

Updated Checklist

1) Company Details

Provide current company details, including registration number, business activities, and existing corporate structure.

2) Proposed Changes

Outline the specific changes to be made (e.g., change of directors, shareholders, business activities) or the decision to close the company.

3) Resolutions and Approvals

Prepare board resolutions and shareholder approvals necessary for the changes or closure.

4) Financial Statements

Provide recent financial statements, especially if the company is being closed, to assist with final tax filings and creditor settlements.

5) Employee and Creditor Information

Gather information on any outstanding employee obligations or creditor liabilities that need to be addressed during the transition or closure.