Representative Office for Foreigner

BACKGROUND :  MR A plan to move his business footprint into Singapore . Please advise . POINT TO TAKE NOTE Mr A is foreigner who not holding any valid pass in Singapore what is his intention ( to study market ? to setup company ?) SOLUTION To setup Singapore Representative Office (SRO) Singapore Representative Office
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What If I Do Not Want to Conduct AGM ?

To minimise the operating cost, Pte Ltd company is allowed exempted from conducting of AGM. To comply with the exempted of AGM, you need to : conduct Physical Meeting to approve dispenses off AGM All shareholder must agreed and approved ” Dispense off AGM” Company must send their financial statement to member within 5 months
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Enforcement Action for Breaches of Annual Return Filing

ACRA is taking serious enforcement  against company who fail to file their Annual return and conduct Annual General Meeting (AGM). Other than  penalty or composition fine , company may face the following enforcement  : COURT PROSECUTION Attendance to Court after composition fine offered ACRA will send notice to the company registered address and offer composition
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List of Statutory Requirement for Singapore Company

Being business owner in Singapore , you must be aware of the following statutory requirement applicable to all Singapore registered company : Company Must Have a Registered Office All company must have registered office address. And you are required to declare during incorporation stage . Please note that PO Box DOESNOT allowed to used as
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What is Unique Entity Number (UEN)

A Unique Entity Number (UEN) is a unique combination of numbers with alphabet automatically assigned to all Singapore registered business entity . ACRA will email you UEN once successfully incorporated. UEN detail : What is different between company registration number and UEN ? Previously different goverment agent assigned different number to company example : ACRA
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WHAT IS PAID UP ?

    Paid up capital refer to a sum of money that shareholder PAID into company bank account in return for them being named as shareholder of the company. There is NO fixed amount to be invest, all is based on the agreement between shareholder and company. There can be ANY legal currency . How
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What is Company Constitution

Company Constitution or formerly knows as Memorandum and Articles of Association is a set of legal documents sated clearly rule and regulation how to run the company And it is a MUST documents during incorporation with ACRA WHAT INFORMATION CONTAINED IN COMPANY CONSTITUTION Liability of members; Directors’ powers and responsibilities; Directors’ meetings, voting, delegation to
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