Reading Time: 10 minutesSometimes winding up your company is the only solution There are any number of reasons why a company may need to or will be compelled to dissolve and wind up its operations. The company could have ceased its business activities, or it could have been the subject of a corporate restructuring exercise or it is […]
Need a guide to wind up your private company?
Reading Time: 6 minutesIn theory, companies enjoy perpetual succession. In reality, however, companies usually do not last forever. A company with the most optimistic business prospects is still subject to business risk, and may not anticipate cash flow problems. In 2017 alone, 168 Singapore companies were wound up and placed in compulsory liquidation.[1] More recently, bike sharing operator […]