Company Registration Guide Archives

By -admin

Why register holding company in Singapore

Posted on August 18, 2023
Posted in Company Registration Guide

What is holding company? A holding company is a company that controls: The composition of the board of directors of another company (also known as the subsidiary company); or More than half of the voting power of the subsidiary company. An ultimate holding company is a holding company that is not itself a subsidiary of

By -admin

Is Director consider Company Employee

Posted on July 4, 2023
Posted in Company Director and shareholder, Company Registration Guide

There is 2 important role in every Pte Ltd : director and shareholder Shareholder is consider as company investor. They agreed to invest certain amount of fund in return for share. Their main objective is hoping good return from their investment. Whereas director is the one who run the dairy operation of the company which

By -admin

Common Mistake during Company Registration

Posted on May 24, 2023
Posted in Company Registration Guide

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

By -admin

Can director hold directorship for different company

Posted on March 3, 2023
Posted in Company Director and shareholder, Company Registration Guide

Yes, Companies Act allowed director to hold position for more than 1 company as long as there is NO conflict of interest between the relevant companies. Relevant director must remember that all director owned fiduciary director to each Company. Failure to do so may caused court case. Sample case : Hyflux However there is DIFFERENT

By -admin

Checklist for Non resident to register Singapore company

Posted on September 23, 2022
Posted in Company Registration Guide

Being Non resident ( foreigner) , how should we register company in Singapore ? Are we qualified to do so ? Following outline the basic requirement . Stage 1 To decide type of Company intend to be set up? Related Article : Are you on the right choose of Pte Ltd Company ? Stage 2

By -admin

Important date for Pte Ltd Company

Posted on July 22, 2022
Posted in Company Registration Guide, Company's Compliance matters

What is the date you need to remember or is important for compliance purpose ? DATE OF INCORPORATION (DOI) Is important because based on date of incorporation you can decide financial year end . Example : DOI is 23 June 2022 12 months later will be 30 May 2023 which will be your 1st financial

By -admin

Pte Ltd vs Sole Proprietorship

Posted on March 1, 2022
Posted in Company Registration Guide

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

By -admin

How to manage Singapore registered company from oversea ?

Posted on February 23, 2022
Posted in Company Registration Guide

How to manage compliance requirement if you are NOT in Singapore ? What is the solution ? With the help of Corppass Every singapore registered company is required to register with Corppass right after incorporated with ACRA Information needed before apply for Corppass ? Company UEN number Singpass Who authorised to apply for Corppass ?

By -admin

How to decide number of company share

Posted on February 14, 2022
Posted in Company Registration Guide

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

By -admin

Who is Exempted From Register Business with ACRA ?

Posted on July 13, 2021
Posted in Company Registration Guide

If you intend to register Company with your owned name as your NRIC , then you are EXEMPTED from register with ACRA Scenario will be different if you include wording as follow : ” Love from Tan Ah Moi “ OR ” handmade from Tan Ah Moi” All the above is required company registration with