Companies Act 1967: Primary legislation governing business entities in Singapore, revised in 2020. Contains fundamental provisions for company formation, management, and ownership structures.
Limited Liability Partnerships Act 2005: While primarily focused on LLPs, contains relevant principles that may be applicable to LLC structures and partnerships in Singapore.
Business Names Registration Act 2014: Legislation governing the requirements for business name registration and ongoing compliance in Singapore.
Securities and Futures Act 2001: Relevant legislation when ownership interests are considered securities, governing the regulation of securities trading and financial markets.
Income Tax Act 1947: Tax legislation that impacts ownership structure, profit distributions, and overall tax implications for the LLC.
ACRA Regulations: Regulatory requirements set by the Accounting and Corporate Regulatory Authority for business entities in Singapore.
MAS Guidelines: Guidelines set by the Monetary Authority of Singapore that may be applicable depending on the nature of the business activities.
Company Constitution Requirements: mandatory constitutional requirements for companies operating in Singapore, including governance structures and operational procedures.
Corporate Governance Framework: Requirements for corporate governance including management structure, decision-making processes, and accountability measures.
Members Rights Framework: Framework defining members' rights and obligations, including voting rights, profit sharing, and management participation.
Capital Contribution Rules: Regulations governing how capital contributions are made, recorded, and maintained within the LLC structure.
Profit Distribution Mechanisms: Rules and procedures for how profits are calculated, allocated, and distributed among LLC members.
Ownership Transfer Regulations: Rules governing the transfer of ownership interests, including any restrictions or requirements for such transfers.
Dispute Resolution Framework: Procedures and mechanisms for resolving disputes between members or with the LLC, including mediation and arbitration provisions.
