What doing business looks like now the pandemic is over? We asked Shopify, Foodpanda, Xero, OCBC Bank, and others. Read report

Allotment of shares in Singapore

According to Companies Act, Allotment of shares is a procedure of creating and issuing shares, either for new or existing shareholders. To initiate the process, the directors must get the existing shareholders’ approval at a general meeting.


Good for a small company or a business with a settled


Unlimited Secretary

Perfect for the first year with
many expected changes, or for a larger business


Need more?

We have packages with additional accounting and reporting, plans for dormant companies, and one-off services you may need

Why choose Osome?

  • Transparent Pricing

    Transparent Pricing

    We are open about our prices. No hidden costs will pop up

  • No Mess In Paperwork

    No Mess In Paperwork

    We arrange and store your documents online, so you can instantly access the ones you need

  • Quick Responses

    Quick Responses

    We react to your requests 24/7


  • What is the share allotment procedure?

    There are four things the secretary will address before the allotment:

    • The general meeting-related papers: Directors’ Resolutions in Writing to convene the EGM, Notice of EGM, Proxy Forms (if necessary), Attendance List, Minutes of EGM
    • Directors’ Resolutions in Writing noting the issuance and allotment of shares
    • Lodgment with ACRA
    • Preparation of new Share Certificate(s).

    After the new Share Certificates have been issued, the company secretary will update the company’s register of allotments and register of shareholders.

  • What meeting does a company convene if there are shares to allot?

    This subject may be on the agenda of an Annual General Meeting. If the members’ approval is required some time before or after the AGM, the company may hold an Extraordinary General Meeting. Depending on the composition of the company’s shareholders, different documentation will be prepared to hold the EGM.

  • ACRA registered filing agent
  • Xero Platinum Partner
    Platinum Partner
  • Institute of Singapore Chartered Accountants
    Our accountants are certified by ISCA
  • MOM Employment Agency License
    License No. 19S9930
  • Infocomm Media Development Authority
    Pioneers of Cloud Community Network
We’re using cookies! What does it mean?
Scrolled to bottom