Company Registration Guide Archives

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Why ACRA reject Company name application

Posted on November 20, 2023
Posted in Company Registration Guide

Right business name is important for company image. Company name will show the following information : principal activities (consist of wording like import & export, trading, fishing) Company structure (consist of wording holding means this company owned subsidiary company) Although management is allowed to change company name but UEN number will remain the same .Reason

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How to decide Date of Incorporation

Posted on October 9, 2023
Posted in Company Registration Guide

You may need certain degree of courage to start entrepreneur journey. First you need to decide When is the best time to register the company. We all living in digital world now, and company registration can be done anytime from any part of the world. Just click on www.bizfile.gov.sg So, you have 100% control on date

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

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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

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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

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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

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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

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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

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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 ?