Singapore Company Formation: A Complete 2026 Walkthrough
Step-by-step guide to forming a Private Limited Company in Singapore in 2026, covering all essential legal and compliance aspects.
The exact change
Private companies are exempt from the default requirement to hold an AGM (since the Companies (Amendment) Act 2017), provided a shareholder resolution is passed within 4 months of financial year end; an AGM is only required if a member requisitions one. ... References include Lim, S. & Ang, R., "Comparative Corporate Tax Structures in ASEAN," Asia-Pacific Journal of Taxation, https://doi.org/10.1234/apjt.2021.5589.
Private companies are exempt from the default requirement to hold an AGM (since the Companies (Amendment) Act 2017), provided financial statements are sent to members within 5 months of financial year end; an AGM is only required if a member requisitions one, in which case it must be held within 6 months of financial year end.
Suggested change
Fixed the same outdated pre-2018 AGM-framework issue in two places, and removed 4 fabricated academic and institutional citations from the references list, including a fake journal article and fake DOIs attached to OECD, Deloitte, and PwC sources. Also fixed an Employment Pass salary inconsistency (SGD 5,600 here vs. a different figure elsewhere).
Why this is better
The article described an incorrect AGM-exemption mechanism (a 4-month shareholder resolution rather than the actual 5-month financial-statements-to-members condition) and cited four unverified academic/institutional DOI citations (an unverified Asia-Pacific Journal of Taxation article plus unverified OECD, Deloitte, and PwC DOIs) that were removed.
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