Is director consider self employed

. Every Pte ltd have list of appointed officer ( director, company secretary , auditor ) and each of them holding different responsible role towards company . List of officer is engaged under Company name and in return company paying salary/ services fees for their services . Question : Is director consider self employed ?

Is director responsible for company debt

If you are engaged as company director services , you must wondering ” Will i liable for the company liabilities / debt ?” You may argue that Pte Ltd is carry separate legal entity concept, so i free from all the company’s liabilities. But there is always exemption scenario : When the director acting as

Pte Ltd vs Sole Proprietorship

Popularity of Pte Ltd is always ahead of sole proprietor . Why ? TAX RATE ON COMPANY VS PERSONAL Company will be tax at a flat rate of 17% of its chargeable income. Click here for basic guide in Corporate tax Whereas all profit from sole proprietor will be tax on personal level. The higher

How to decide number of company share

How many shares should a newly registered company issue? Is common question for all business owner . Number of share represent total fund you willing to invest into Company . With effect from 2006, Companies Act had abolished par value of the share , which means that value of shares is varied and is decided

What if Director not able to sign report

SCENARIO Company A have 2 director but 1 of the director lose contact . How to apply report to be sign by 1 director ? Companies Act Requirement Company with 2 appointed director, report must be signed by BOTH director unless is single director company So , how to comply ? Application for relief from
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