Incorporate Company

2020-05-04
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Trademark rights

Infringement The use of registered trade marks in the course of trade without the consent of the trade mark owner constitutes infringement. Using the same trade mark on the same goods or services, or using an identical mark on similar goods or services, or using a similar mark on the same goods or services, will cause confusion to the public and will also constitute infringement. The use of signs similar to Singapore’s well-known trade marks on goods or services that are different from the well-known trade marks may also constitute infringement if there may be confusion, indicating that it is […]
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2020-08-17
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Why Register Your Company in Singapore?

Why Register Your Company in Singapore? Legend has it that in the 14th century, a Sumatran prince saw a magical beast, which he later learned was a lion, as soon as he set foot on the island of Singapore. In 1819, Stamford Raffles, an Englishman, shaped Singapore into a trading transit point. Singapore’s free trade policy attracted businessmen from all over Asia, the United States and even the Middle East. The country gained independence on August 9, 1965, became a member of the United Nations in September, and joined the Commonwealth in October of the same year. Singapore Overview Population: […]
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2020-08-17
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Company Types

Singapore Company Types There are many types of business entities in Singapore. Before registering, you should be aware of the kind of business entity that is best for your company. According to the Singapore Business Registration Act, all individuals or institutions conducting business in Singapore are required to register with the Accounting and Corporate Regulatory Authority (ACRA), and any details about changes in the owner, managers or business partners must be made known to ACRA within the specified time period. Singapore corporations include private and public limited companies Private limited companies can be registered with less than 50 shareholders Public companies […]
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2020-08-17
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Incorporation Process

Incorporation Process 1 Fill in the registration application form Including: company name, registered address, main business scope, registered capital, directors, shareholders 3 Company name review The company name can include words like “Singapore, Group”, but not sensitive words. 5 Open a bank account FOZL will make an appointment with the bank-to-public account manager in advance. Go through the account opening procedures immediately after your company registration is successful. During the Covid-19 period,  FOZL will provide free appointments online for customers who may not able to meet our bankers in person. 2 Sign a contract Sign a contract and pay the […]
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2020-08-17
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Name Application

Choosing a company name  Before registering a company, the first thing to do is to check if the name which the company is registering is available. How to tell if a company name can be registered Generally, if a company with the same name does not already exist, you can apply for it within a day or several hours. However, when the submitted company name contains certain professional terms, these company names will have to be referred to the relevant Singapore regulators. If this happens, it may take 14 days to 2 months for the company name to be reviewed and approved. Which are […]
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2020-08-17
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Company Folder

Company Folder After the company is registered, we will prepare a complete company package for our clients. The package contains all the statutory documents, stamps and templates. The documents in the package should be kept in a secure location. Any subsequent changes, resolutions, or new documents should also be logged and kept in the company folder. This is equivalent to the company’s files. The company packet should include: Certificate of Incorporation (business license) Certificate of Incorporation Company registration document Bizfile Articles of Association Constitution Form 45 Consent to Act as Director Form 45BForm 45B Consent to Act as Secretary Application […]
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2020-08-17
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Share Transfer

Share Transfer In situations where company directors and shareholders need to transfer shares to other shareholders, the following information must be noted: Crucial Information A typical equity transfer occurs when: A shareholder owns a minority stake in the business and wishes to achieve a return on their investment through a share transfer. Companies use employee share ownership schemes where employees change jobs after having already acquired shares and need to sell their shares through a share transfer. Founders of a company sell their shares through a share transfer in order to raise capital or exit the company.   It is […]
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2020-08-17
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Share Related Services

Share Related Services Share Capital and Variation of Rights Under the Singapore Companies Act, the Board of Directors may issue shares in the company with preferential, deferred, or other special rights or restrictions. These may be accompanied with dividends, rate of return on voting capital, or other matters, as determined by the Board of Directors by ordinary resolution, but may not affect any privileges already granted to any existing shareholder. Lien The company shall have a first priority lien on all shares (other than fully paid shares) for all moneys (whether presently payable or not) called or payable at the […]
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2020-08-17
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EGM

Extraordinary General Meeting Extraordinary General Meetings (EGMs) of Singapore companies. An Extraordinary General Meeting of shareholders is a meeting of the company held in the event that important business matters require shareholder approval. Who can request a special shareholders’ meeting? An Extraordinary General Meeting (EGM) may be called by the members of the Board of Directors of a company. There are two general ways of calling an EGM: Any member holding at least 10 percent of the total number of voting rights (shares) may notify the directors of the company to convene an EGM Two or more members of the […]
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