1 March 2009

Amendment to the consent to act as director/statement of
non-disqualification forms (Forms 45 & 45A)

With the reduction in the minimum age at which a person may be a director of a company from 21 to 18 years, the consent to act as director/statement of non-disqualification forms (Forms 45 and 45A) have been amended.

21 February 2009

Lowering of the minimum contractual age from 21 to 18 years

With effect from 1 March 2009, the age at which most contracts* are binding and enforceable against a minor, and the minimum age to be a director of a company or a manager of a limited liability partnership, will be lowered from 21 to 18 years. With the change, persons 18 years old and above can register a business name, be a company director, and form companies or limited liability partnerships.

5 December 2008 - PD No. 5 of 2008

Implementation of Unique Entity Number (UEN)

This Practice Direction seeks to update all BizFile users and entities registered with ACRA on the implementation of Unique Entity Number (UEN).

The Benefits of an Audit

Why should an audit be done? What does the law require? What are the benefits of an audit? What exactly do auditors do? Find out all this & more.. Read Full Article