Company Director and shareholder Archives - Page 2 of 3

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Directors’ Fees vs Directors’ Salary

Posted on July 24, 2020
Posted in Company Director and shareholder

WHAT IS SALARY ? Salary refer to monthly amount of money given to Company employee based on his assigned job scope in the Company . WHAT IS DIRECTOR FEES ? Director fees is paid in recognized your capacity as Company Director . HOW TO DECIDE BETWEEN DIRECTOR FEES OR REMUNERATION ? Director salary and Director

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All Question About Paid Up Answered Here

Posted on June 23, 2020
Posted in Company Director and shareholder, Company Registration Guide

Paid up refer to the total amount investment in the Company in return for the Company shares . Related Article : what is Paid Up Capital Frequently Asked Questions (FAQ) How to Decide Amount of Paid Up ? If you apply for Visa Entrepreneur Pass , Company must have at least S$50,000 paid up. If

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What is Shareholder Agreement

Posted on May 13, 2020
Posted in Company Director and shareholder, Company Registration Guide

Following is the basic document you are required to sign before company registration : F45 ( consent to act as director ) Company Constitution Scenario : Aside from the above 2 documents, MR A been asked to sign shareholder agreement . Question : WHAT IS SHAREHOLDER AGREEMENT ? Shareholder Agreement is another internal documents with

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Allotment of Shares vs Shares Transfer

Posted on October 11, 2018
Posted in Company Director and shareholder

What is share? Share refer to degree of your ownership in the Company You may owned shares via the following method : Subscribers of shares Allotment of shares Transfer of shares Shares qualification ( applicable to Company’s director only) Subscribers of shares Refer to person who owned shares during incorporation stage. They also called as

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Resignation of director

Posted on August 6, 2018
Posted in Company Director and shareholder

Resignation of Company Director is often happen over the life of a Company. Resignation of Director can be caused by the following reason : Retirement plan Health problem New job opportunities Disagreement with the company management What I need to do ? check is that any signed contract example some of the company required to hold

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What is director role in today business world

Posted on July 8, 2018
Posted in Company Director and shareholder

Who is Director ? In Singapore all registered Pte Ltd Company must have at least 1 local resident director who must be Singaporean , Singapore PR or Employment Pass holder. Company director role had been eloving with time. To deal with the fast changes in business landscape , tighten regulation was introduced . Based on

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How Many Directors Are Required For Private Limited Company

Posted on September 7, 2016
Posted in Company Director and shareholder

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

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What If Director Received Summon From ACRA

Posted on May 17, 2016
Posted in Company Director and shareholder, Company's Compliance matters

Late filing of Annual return is the most common offence among director. Authority had initial a serial of program to educate director such as Director Compliance Programme. Beside that, to reduce burden of company, ACRA offer composition fine to all late filing company . Composition Fine Composition fine is amount offered by ACRA and is