Skip to main content
A Singapore Government Agency Website How to identify
Official website links end with .gov.sg
Secure websites use HTTPS
Look for a lock () or https:// as an added precaution. Share sensitive information only on official, secure websites.
Welcome to the new ACRA corporate website.

1. View the tutorial (opens in new tab) for navigating the website.

2. [Advisory] Government officials will NEVER ask you to transfer money or disclose bank log-in details over a phone. Call the 24/7 ScamShield Helpline at 1799 if you are unsure if something is a scam.

Accounting and Corporate Regulatory Authority
Guide

Filing a special resolution for share capital reduction under S78B/C

Audience

Accounting entities

Businesses

Corporate service providers (CSP)

Task or topic

Shares and share information

2 December 2025

Check the requirements and process to file a special resolution for the reduction of share capital.

Before you file

This guide explains how to file a special resolution for the reduction of share capital under section 78B or 78C.

Your local company must first pass a special resolution to reduce its share capital. Then, it needs to file the special resolution with ACRA.

What you need to know

Key facts

Details

Who needs to file

Both private and public companies limited by shares must file this.

You may either:

When you can file

Within 14 days from the date of the special resolution

What you need to prepare

Prepare:

  • Unique entity number (UEN)

  • Date of special resolution

  • Nature of reduction

  • Solvency statement, if any

  • Special resolution

Fees

Free

Processing time

Immediate

Step 1: Log in to Bizfile and open the “Update reduction of share capital” eService

Follow these steps to navigate to the Update reduction of share capital (opens in new tab) eService.

Note: All entity and personal information (including UEN, entity details, NRIC or FIN numbers, names and addresses) shown are dummy data for illustration purposes only.

Business login
1. Click "Login" on the Bizfile homepage and select "Business User" to log in via Corppass.

Step 2: File your special resolution

Select the relevant transaction and add your special resolution details.

Select transaction
1. Under "Select the relevant transaction", select “File special resolution for reduction of share capital under S78B/C”. Then, click "Start".

Step 3: Review and submit

Review information
1. Check that you have entered all information correctly. Then, tick the declaration box and click "Submit".

After you file

To reduce your share capital by:

More details: Reducing share capital