Common Mistake during Company Registration

Spelling Mistake First step to start entreprenuer journey is choose of company name . Must avoid any name with confusing spelling : example : Management may decide to have ABC SG Ptd Ltd instead of ABC Singapore Pte Ltd Registered address Do not confuse registered address with mailing address . Related article : Different type
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Resignation Director vs Removal of Director

Resignation director is a process where director is sending their intention to leave the board. Reason can be any of the following : health issue better opportunities retirement How to proceed ? As long as company received notice of resignation then resolution to approve his resignation will be prepared. Resignation of director will take effect
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How director making decision

Director is the one who engaged to run the company, how should director make decision in comply with company act especially if there is more than 1 director on board ? Type of decision : change bank signing mandate change registered address getting loan from Bank change company objective change supplier How to make decision
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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 ?
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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
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