Share Allotment Resolution

When to use this template

Use when issuing new shares (not transferring existing ones). Common scenarios: founder top-ups, seed/Series A investor rounds, ESOP grants where the ESOP plan issues new shares, or share buyback offsets.

How to fill it in

1. Confirm the company has authorised share capital available — most modern Pte Ltds do not have a cap, but check the Constitution.
2. Specify the allottee's full name, NRIC/passport, address, and the share class, number, and price per share.
3. Capture the consideration paid (cash, shares, services, etc.) and confirmation that the allottee has paid up.
4. If issuing to non-founders, ensure pre-emption rights have been waived or offered first.
5. Within 14 days, file Return of Allotment with ACRA via BizFile+ and update the Register of Members.

Frequently asked questions

What's the difference between allotment and transfer?

Allotment creates new shares (increases total issued capital). Transfer moves existing shares between parties. Allotments don't attract stamp duty; transfers do.

Can I issue shares for services rendered?

Yes — Singapore allows non-cash consideration (sweat equity, IP transfer, asset contribution). The board must agree the value is fair. Document the rationale in the resolution to avoid disputes later.

Does ACRA need to approve the allotment?

No approval needed, but the Return of Allotment must be filed within 14 days. Late filing attracts ACRA penalties starting at $300.