What to do to Create Register Registrable of Controller ?

How to create and what to take note is the next important question to ask before establish the Register registrable of Controller . The following give you briefly idea. STEP 1 Please check is the Company have any other SIGNED shareholder Agreement other than the bespoke Company Memorandum and Article of Association / constitution. Dig deeply the regulation

How Many Directors Are Required For Private Limited Company

All Singapore registered Pte Ltd company is allowed to have single director who is local residential director. He or she must be  Singaporean or Singapore Permanent Resident (PR) status . What is Local residential director ? Local residential refer to director who ordinary resident in Singapore and is contactable . With effect from January 2016 director is

What is Annual General Meeting (AGM)

Received summon about late filing for section 175, 201 and 195 ?? Section 175 refer to  Annual General Meeting  : All company must held AGM within 18 months from the date of  incorporation OR within 15 months from the last AGM date . Section 201  refer to Presentation of Report Audited report or compliance report  laid

What is paid up capital

Paid up capital represent total agreed amount to invest into company by Shareholder. It also used as indicator how well the company financial status is . Number of share capital held also represent the total voting right. How to value share capital ? It is normal to have S$1 for 1 share. And S$1 will

Director Compliance Programme (DCP)

What you need to do being director for Singapore registered company ? Based on ACRA records, around 10,000 summons was issued annually to director who failed to comply with statutorily required under Companies Act such as fail to file Company’s annual return. To cure this phenomena, ACRA initial programme called Director Compliance Programme (DCP) with mission to build up

Differences Between Director and Shareholder

To register Singapore company at least one of the director must be Singaporean, Singapore PR or Employment Pass holder, this is the minimum requirement we all well aware of . Why director’s criteria so important? On the other hand ,100% ownership by foreigner is allowed for Singapore Registered Company. What exactly the different between director and shareholder
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