Regions / Singapore

Shareholders' Agreement

This Article by Mark Lee Chambers Law Corporation explains the importance behind a well drafted and comprehensive agreement between shareholders and examines both the legal underpinnings of these contracts and explores practical options for allocating rights and liabilities across different business scenarios.

Mark Lee Chambers Law Corporation

Shareholder Disputes: Oppression, Buyout Orders, Share Valuation

This Article by Mark Lee Chambers Law Corporation explores both the legal and technical aspects of shareholder oppression claims and business / share valuations.

Mark Lee Chambers Law Corporation

Shareholder Decisions - The Power of the Vote

When corporate management is vested solely in the Board, can shareholders ever make business decisions for the company? This Article by Mark Lee Chambers Law Corporation examines the rare exceptions to this rule and outlines the factors courts consider when allowing shareholders to intervene in corporate management.

Mark Lee Chambers Law Corporation

Shareholder - The Concept of Rights & Liabilities

This Article by Mark Lee Chambers Law Corporation examines the legal relationship between a company and its shareholders post-incorporation, focusing on the specific rights shareholders retain when day-to-day management is vested entirely in the Board.

Mark Lee Chambers Law Corporation

Share Buyout - Applicability of Discounts

When courts find shareholder oppression, a share buyout is a common enough remedy to the aggrieved shareholder. This Article by Mark Lee Chambers Law Corporation discusses the circumstances under which valuation discounts may be applied when the court orders a buyout to remedy the oppression.

Mark Lee Chambers Law Corporation

Power to Grant Relief - A Director's Liability under Section 391 of the Companies Act 1967

This Article by Mark Lee Chambers Law Corporation explores the reliefs a director might seek under section 391 of the Companies Act 1967 when facing legal action for a breach of director's duties.

Mark Lee Chambers Law Corporation

Lifting the Veil of of Incorporation

This Article by Mark Lee Chambers Law Corporation discusses the concept of the separate legal personality following the incorporation of a company in Singapore.

Mark Lee Chambers Law Corporation

Investing in Singapore: A Foreign Investor's Guide

This Joint Article between Marigold Consultancy and Mark Lee Chambers Law Corporation presents a bite-sized roadmap for readers looking to expand or anchor their businesses in Singapore.

Mark Lee Chambers Law Corporation

Directors - The Concept of Duties & Liabilities

This Article by Mark Lee Chambers Law Corporation discusses the concept of directorships in Singapore and explains that while the law recognises only one form of directorship, in practice, there are several kinds of directors including executive and non-executive directors. All owe fiduciary duties to the company.

Mark Lee Chambers Law Corporation

Derivative Action by Shareholders

This Article by Mark Lee Chambers Law Corporation discusses the very common scenario of a deadlock between a company and its shareholders. We discuss specific circumstances where a shareholder's request for enforcement and accountability are rebuffed by the Board.

Mark Lee Chambers Law Corporation

Companies - Corporate Personality

This Article by Mark Lee Chambers Law Corporation provides an overview on how companies are incorporated in the Republic of Singapore and explains the effects of incorporation and the relationships between the company and its shareholders after incorporation.

Mark Lee Chambers Law Corporation

Case Update: Sakae Holdings Ltd [2018] SGCA 33

This Case Update by Mark Lee Chambers Law Corporation discusses the decision made by the highest court in the Republic of Singapore relating to minority oppression claims brought under Section 216 of the Companies Act 1967. The important distinction is drawn between personal wrongs suffered by a shareholder and corporate wrongs committed against the company, and in what situations may a finding of commercial unfairness be found to support a claim for oppression.

Mark Lee Chambers Law Corporation

Case Highlight: Reverse Oppression

This Case Highlight by Mark Lee Chambers Law Corporation discusses the topic of whether a majority shareholder may ever be "oppressed" by the minority.

Mark Lee Chambers Law Corporation

Case Highlight: Shareholder Oppression and the Relevance of a Buyout Remedy

This Case Highlight by Mark Lee Chambers Law Corporation discusses a decision made by the High Court of the Republic of Singapore to dismiss an application made by the majority shareholders to strike out a minority shareholder's claim for oppression, on grounds that a buyout offer had already been made. The majority shareholders' application was successfully resisted.

Mark Lee Chambers Law Corporation

Access to a Company's Documents & Records

This Article by Mark Lee Chambers Law Corporation explores a director's rights of inspection vis-a-vis company documents and the avenue one has when his/her entitlement is restricted.

Mark Lee Chambers Law Corporation

Doing Business in Singapore: Investment, Corporate Structuring, and Tax Incentives

This document by Adept Corporate Services (ACS) provides a concise guide for businesses and investors looking to enter Singapore. It outlines key corporate structures, including holding companies, trading companies, operating companies, and investment funds, highlighting tax benefits and compliance requirements. It also covers Singapore’s tax incentives, such as zero tax on foreign-sourced dividends, capital gains tax exemptions, and MAS 13U/13O fund schemes, as well as family office structures and wealth succession planning. For businesses seeking a strategic base in Asia, this document serves as a roadmap for financial optimization, market expansion, and regulatory compliance in Singapore.

Adept Corporate Services

A Guide to Foreign Exchange Management in Singapore

This document provides a comprehensive overview of Singapore’s foreign exchange management framework, regulated by the Monetary Authority of Singapore (MAS). It details key policies, including Singapore’s managed floating exchange rate system, cross-border payment regulations, and foreign exchange transaction requirements. The guide also covers capital and financial market transactions, foreign direct investment policies, and real estate investment rules for non-residents. Additionally, it outlines compliance measures for individuals and businesses, including account management, reporting obligations, tax policies, and investment restrictions.

Leadvisor Law

Investing in Singapore: Tax-Related Questions and Answers Guide

This document provides a comprehensive question-and-answer guide on tax-related matters for investing in Singapore, covering corporate income tax, personal income tax, Goods and Services Tax (GST), withholding tax, property tax, and capital gains tax. It explains Singapore’s tax structure, Inland Revenue Authority of Singapore (IRAS) regulations, tax filing requirements, and compliance deadlines. The guide also details Singapore’s tax treaty network, including double taxation avoidance, withholding tax rates, and mutual agreement procedures (MAP). Additionally, it highlights sector-specific tax incentives for industries such as finance, technology, manufacturing, and shipping. This resource is essential for businesses, foreign investors, and tax professionals navigating Singapore’s tax environment.

Leadvisor Law