How Can Foreigners Start a Business in Singapore? Singapore is one of the most business-friendly countries in the world, making it relatively easy for eligible foreigners to establish a business. This guide provides an overview of the key steps and considerations for foreigners looking to start a business in Singapore. Choosing a Business Structure Foreigners … Read more
Corporate Secretarial Services in Singapore: Debunking Common Misconceptions Singapore’s corporate secretarial services sector has seen significant growth, becoming a crucial part of business operations. For business owners and directors in the country, corporate secretarial services are not just a formality to ensure compliance – they are essential for protecting the business and seizing growth opportunities. … Read more
Corporate service providers in Singapore play a crucial role for foreign entrepreneurs looking to establish a business in the city-state. In addition to assisting with company incorporation, they offer a range of essential services that support a successful business operation in Singapore. While some entrepreneurs may attempt to handle these tasks on their own, there … Read more
In the Business Registration Singapore process. The role of a company secretary is often underrated. This position has important responsibilities. It is vital to follow Singaporean corporate laws. Understanding a company secretary’s role is key in Singapore. It helps with business registration and ongoing management. Key Responsibilities of a Company Secretary Ensuring Regulatory Compliance In … Read more
A company secretary plays a crucial role in the smooth running of a company. Every business in Singapore needs a company secretary. This is by law and every entrepreneur is asked if they have one by ACRA when incorporating a company in Singapore. A good knowledge of company law is essential. A secretary will keep … Read more
A company secretary is a key member of the management team, and their job is to ensure that the company follows all legal requirements. In addition to being a knowledgeable resource for company law, a company secretary must prepare all director reports and accounts. They also correspond with shareholders, deal with transfers of shares, and … Read more
Every corporation requires the services of a company secretary Singapore personnel. It is one of the most important factors to consider while forming a company in Singapore. Furthermore, before becoming a company secretary Singapore personnel, some requirements must be completed. As a consequence, it’s reasonable to say that hiring a corporate secretary for your Singapore-based … Read more
What Is A Company Secretary? Under Section 171 of the Companies Act, all companies in Singapore are required to appoint a corporate secretary within 6 months of incorporation. This includes foreigners who have just set up a company in Singapore. The Secretary appointed by the Company is responsible for ensuring that the Company is in … Read more
What Are The Reasons For A Company Director To Resign? A Director of the company can resign for several reasons which include but not limited to the following Physically Unfit Disqualification (E.G Criminal Breach of Trust) Conflict of interest Upon resignation of the director due to whichever reason, the Registrar of companies, ACRA, must be … Read more
Why Strike Off a Company? Many businesses declare bankruptcy every day due to many reasons. And in the midst of Covid19 crisis in 2020, it forced many major companies such as the car rental company Hertz to close down. According to the Ministry of Law, the companies in compulsory liquidation had risen to 312 in … Read more
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