Incorporate Company

Like other directors in a company, the company’s Nominee Secretary  is the officer in the company. Under Singapore Company Act, the secretary needs to do the following: maximize company benefits Avoid conflicts of interest Be responsible and diligent at work Do not obtain illegal benefits for the company through private transactions / Do not obtain illegal benefits with the company through private transactions   In smaller companies, the company’s Nominee Secretary usually performs administrative tasks such as recording company documents and related registrations, and financial reporting. In large companies, the Nominee Secretary generally assumes more job responsibilities, such as ensuring […]

It is one of the important responsibilities of company directors to ensure the authenticity and validity of company information in real time. If the information of a Singapore company changes, the company directors have the responsibility to promptly notify the statutory secretary of the company to submit an application for change of information to the Accounting and Enterprise Control Authority of Singapore (ACRA). If the following information of the company changes, the company must declare the change information to ACRA through Bizfile + within 14 days. Singapore Company Main Business Singapore Company Registered Address Company Hours Company Member Registration Form […]

A private limited company in Singapore is a joint-stock private limited company at the time of registration. The shares of each shareholder of the company are calculated according to the number of shares held by each person and the amount of each share. Different periods, different investors’ equity may have different face values. This kind of equity structure is conducive to the company’s later equity issuance, transfer, premium and other changes. When the company needs to issue additional shares. The company needs to pass a resolution of the board of directors to decide how many new shares the company needs […]

If a Singapore company decides to cease its business, it can apply to the Singapore Accounting and Enterprise Regulatory Authority (ACRA) to remove the company name from the company registration list, a process known as “Striking off.” Let ’s take a look at the whole process with Sister Zhilin! First, the company should pay unpaid taxes; To successfully apply to ACRA for the cancellation of a company, the company must not owe any tax taxes and liabilities to the Singapore Inland Revenue Department. Otherwise, the Inland Revenue Department will object to the company’s cancellation application. Therefore, the company must ensure that all […]

  Company operation, you may also need a business secretary in addition to the legal secretary Singapore company business secretarial services include: Collection and distribution of company letters (the customer bears the postage cost) Assist the customer to view and process the English letters received (with the authorization of the customer) ** An authorization letter for processing the letter and a disclaimer letter are required Customer parcel forwarding (customer bears delivery cost) Call forwarding, SMS, WeChat, Email reminder service Visiting customer reception General company operation consulting   Singapore FOZL Group Pte. Ltd. Singapore Accounting and Corporate Regulatory Authority licensed corporate […]

After the Annual General Meeting, in accordance with “the Singapore Companies Act” S175, S197 and S201requires that a local company in Singapore need to do the company’s annual returns to ARCA Singapore Accounting and Corporate Regulatory Authority   During the annual returns, the company needs to submit the latest information to ACRA, which contains important details of the company, such as the name of the director, the secretary, its members, and the date of preparation of the company’s financial statements.   The following information is required to submit the annual review: Company information, such as company type, business scope, registered […]

Exempted private limited company means a private limited company incorporated in Singapore and: The company has no direct or indirect institutional shareholders. (All shareholders of the company are natural persons) The company has less than or equal to 20 shareholders. The company is considered a qualified exempt company.   Qualified exempted companies in Singapore can enjoy many things to do: Government compliance requirements for companies are relatively simple. Companies can submit XBRL filings differently. The annual audit of the company is not required to submit the company’s financial statements. More lending and financial flexibility: According to the Singapore Companies Act, if […]

In accordance with the relevant provisions of Chapters 175, 197, 201 of the Singapore Companies Act. Companies whose financial year ends after August 31, 2018 need to submit the annual review on time: For a newly registered company, the first financial year must end within 18 months. The financial year of a Singapore company is based on 12 natural months. After the company ends its financial year Listed company: The company’s shareholders meeting must be held within 4 months. Annual review must be submitted within 5 months. non-listed company. The company’s shareholders meeting must be held within 6 months. The annual review […]