The Ultimate Guide to Singapore Company Secretary Requirements
6 minutes The company secretary is the company’s executive officer, in charge of its day-to-day operations and compliance with laws and regulations. Therefore, it is essential for the company secretary to be conversant with all laws that govern the company.
5 Key Facts About Board Meetings in Singapore
8 minutes For entrepreneurs and business owners, understanding the intricacies of the Singapore Companies Act is not only crucial for ensuring legal compliance but also for fostering a conducive environment to drive business growth and success.
From company incorporation to the roles and responsibilities of directors and corporate secretaries, and recent amendments impacting audit exemptions and filing procedures, this article explores the essential aspects of the Singapore Companies Act that every business owner must be well-versed in.
Singapore Company Resolutions: Navigating Key Facets for Business Success
4 minutes Singapore company resolutions play a crucial role in post-company registration compliance and hold significant influence over business operations in the country. These resolutions include formal decisions regarding the company’s constitution, types of resolutions such as shareholders’ and board of directors’ resolutions, voting rights agreements, and the distinction between public and private companies’ notice periods for board meetings. Ordinary and special resolutions, typically passed by shareholders, may also be held at shorter notice if members agree, and Section 157A of the Companies Act outlines the requirements for such resolutions to be passed. Additionally, the allocation of voting rights and the share capital play a vital role in determining how resolutions are structured. In this article, we will be taking a closer look at what makes Singapore company resolutions tick.
A Quick Guide About Paid Up Capital In Singapore For Start-Up Companies
6 minutes Starting a business in Singapore requires legal and financial considerations, including having a paid up capital. This is the amount of money shareholders contribute to a company and is crucial for determining its financial health and growth potential. In this blog, we’ll provide a quick guide on paid up capital in Singapore start-up companies must know, covering its definition, importance, and how to determine the appropriate amount.
What Business Owners should Know about ACRA Late Filing Penalty?
5 minutes As a business owner, understanding the implications of ACRA late filing penalties is crucial for maintaining the integrity and efficiency of your operations. In this comprehensive guide, we delve into the intricacies of ACRA and shed light on various aspects of late filing penalties.
Is the ACRA Singapore BizFile+ Portal Useful for Business Owners?
4 minutes Navigating the intricacies of business operations involves significant administrative work, especially in a highly-regulated environment like Singapore. For business owners, staying compliant with the Accounting and Corporate Regulatory Authority (ACRA) is a crucial aspect of their responsibilities.
Latest Updates on Holding a Singapore Virtual Agm is Allowed in Singapore
4 minutes In an era of rapid technological evolution, even corporate practices are transforming. Singapore, known for its pro-business stance, has embraced progress once again. Virtual Annual General Meetings (AGMs) are now permitted in the city-state.
Guide To The Singapore Shareholders Agreement For Starting A New Business In Singapore
4 minutes This comprehensive guide will walk you through all you need to know about Singapore shareholders agreement, its benefits, key considerations, and how it can protect your interests as you navigate the intricacies of running a business in the dynamic landscape of Singapore.
What are the 2023 Challenges Faced by SMEs in Singapore?
4 minutes To be categorized as an SME in Singapore, a company must have an annual sales turnover of less than S$100 million and employ fewer than 200 workers. This type of classification helps to drive tailored support and initiatives that address the specific needs and challenges faced by SMEs in Singapore.
Why It’s Important For Companies To Hold An AGM In Singapore
6 minutes As a compliance requirement, one of the responsibilities of a company secretary in Singapore is to hold an annual general meeting (“AGM”) after the financial year end (“FYE”) on an annual basis.
The AGM in Singapore is an important opportunity for all shareholders to participate in the company’s decision-making process. It’s a chance for shareholders to stay informed about the company’s business performance and to ask questions about the company’s financial situation.
Appointing A Singapore Company Director: Requirements & Duties
6 minutes There are a few key company officers you must appoint when you incorporate your Singapore business, including the company secretary and company director. A Singapore company director is in charge of running the company’s activities and determining its strategic course.
A New Business Owner’s Guide to Changing Your Company Name in Singapore
7 minutes As a new business owner, did you know that the company secretary is crucial for initiating the process of how to change company name in Singapore? Your company name is an important asset of your business. It gives your brand a clear definition and sets your business apart from competitors.
Appointing a Company Secretary in Singapore
4 minutes All business owners are legally required to appoint a company secretary in Singapore, and this is one of the most important roles in the company. Company secretaries juggle a multitude of roles and duties, ensuring that your business operations run smoothly day-to-day.
Singapore Companies Act: 9 Essential Things Business Owners Must Know
5 minutes For entrepreneurs and business owners, understanding the intricacies of the Singapore Companies Act is not only crucial for ensuring legal compliance but also for fostering a conducive environment to drive business growth and success.
From company incorporation to the roles and responsibilities of directors and corporate secretaries, and recent amendments impacting audit exemptions and filing procedures, this article explores the essential aspects of the Singapore Companies Act that every business owner must be well-versed in.
