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

How to decide type of Company

In Singapore, business vehicle option as follow : sole proprietor LLP/partnership Pte ltd limited by share Pte ltd limited by guarantee Public company Among all the above, Pte ltd is the most popular. Which 1 of the above is your preference ? Consideration in decide business vehicle : risk taken level ownership and control level

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 is Important Clause inside Company Constitution

Company constitution or formerly known as Company Memorandum and Article of Association (MA) is the compulsory legal documents for all Singapore registered company . Company Constitution form binding agreement between Company and shareholder and among the shareholder themselves. You may draft your own copy or used ACRA model constitution . The following is the mandatory
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