Do I need to draft a separate constitution for a Singapore company?

No. You can usually use the standard constitution provided by ACRA (Model Constitution) as it is, and if special arrangements between shareholders are needed, you can draft and register a customised constitution.

The constitution is the document that sets out the company's internal rules, such as shares, the board of directors and the conduct of general meetings.

• Single shareholder or 100% subsidiary of a Korean parent company: The standard constitution is often sufficient.
• Joint ventures and raising outside investment: Consider a customised constitution that includes restrictions on share transfers, rights to appoint directors and so on. In this case, a legal review is required.

Lee Kim Alliance includes preparation of the constitution in its company incorporation service.

As of November 2026, source: ACRA