Process for updating paid up capital of Singapore company at a later date? Requirements?
If you would like to increase your paid-up capital post-incorporation, you may do so.
The procedure is as follow:
You have to inject the necessary capital in the company bank account and send us a copy of the bank statement. It must show the capital injection.
Upon this proof, we would prepare the required documents.
Once the documents are signed, we would lodge them to ACRA and get an updated company profile that shows the revised paid-up capital for your company in Singapore.
Once this capital is injected into your company, it is used only for company purposes.