Can I increase the share capital after setting up a Singapore company?

Yes. You can increase the share capital at any time after incorporation by issuing new shares. After approval at a general meeting, the allotment takes effect from the date the Return of Allotment is filed with ACRA.

1. Approve the issue of new shares by a resolution of the general meeting
2. The directors decide the allottees, number of shares and issue price
3. Pay the subscription money into the corporate bank account
4. File the Return of Allotment through Bizfile and update the electronic register of members (EROM)

The date of filing with ACRA is the effective date of the allotment, so the date cannot be backdated, and information on newly issued shares must be updated within 14 days.

• If a Korean parent company is injecting capital into a subsidiary: Separate procedures such as an overseas direct investment report on the Korean side may be required, so please check with your bank first.
• Companies applying for an Employment Pass: Please confirm that the updated capital is reflected in ACRA records before preparing the application documents.

Lee Kim Alliance supports the preparation of capital increase resolutions and filing with ACRA through its company secretary service.

As of November 2026, source: ACRA, ACRA