What is the difference between a Singapore Subsidiary Company and a Singapore Branch Office

If you are a foreigner looking to set up a company in Singapore, you have the option to set up either a Singapore Subsidiary Company or a Singapore Branch Office. There is another option to set up a Singapore Representative Office with Enterprise Singapore and that topic will be covered in another article. Singapore Subsidiary [...]

By |2020-07-16T09:36:28+08:00March 18th, 2020|Questions and Answers|0 Comments

What happens when a Singapore company shareholder dies?

In this article, we will be discussing what will happen to a Singapore company shareholder's shares when he dies. First, we must be familiar with the difference between a share transfer and a share transmission. A share transfer occurs when one shareholder chooses to transfer his shares to another individual. This act is his choice [...]

By |2019-10-15T08:32:24+08:00October 15th, 2019|Questions and Answers|0 Comments

Do I need a company common seal and a company stamp?

Company common seals and company stamps are common items which companies may use on documents. There is a difference between the two and companies can decide whether to have them or not.   Company common seal A company common seal is an official seal used by the company to endorse documents like share certificates, deeds [...]

By |2019-06-30T17:47:57+08:00June 30th, 2019|Questions and Answers|0 Comments

If my company is dormant, do I need to have it audited?

We briefly spoke about dormant companies in a previous article: What is a Dormant Company Here is a further elaboration to the topic. A company is considered dormant during a period in which there is no accounting transaction. A company is considered dormant if: It has been dormant from the time of its formation It [...]

By |2019-06-06T10:37:21+08:00June 6th, 2019|Questions and Answers|0 Comments

Do I need a company seal to execute documents?

Traditionally, company seals are used by companies to execute deeds. Instances, whereby a company seal may be used, are when purchasing a property or issuing a share certificate. However, with effect from the 31st of March 2017, it is no longer necessary for a company to execute such documents with a company seal.   Section [...]

By |2019-05-31T14:11:48+08:00May 31st, 2019|Questions and Answers|0 Comments

How long does it take to incorporate a Singapore company?

Before incorporating a Singapore company, you will need to fill in the incorporation documents and provide our firm with the relevant identification documents. The company registration documents can be found here: https://singaporesecretaryservices.com/company-registration-documents/ Click here for the steps to incorporate a Singapore Company. Once all the documents and payments are made, our firm can incorporate the [...]

By |2019-03-05T09:00:23+08:00March 5th, 2019|Questions and Answers|0 Comments

Can I be a director of a Singapore company if I am a dependant pass holder?

There are two parts to the answer. If you are looking to be the local resident director of a Singapore company then the answer is no as dependant pass holders are not allowed to work in Singapore. Being a local director is a form of employment. To be allowed to work in Singapore, you will [...]

By |2019-03-04T09:00:27+08:00March 4th, 2019|Questions and Answers|0 Comments

Do I need a company secretary?

Every company must appoint a secretary within 6 months from the date of incorporation. The post of company secretary must also not be left vacant for more than 6 months. The company secretary must be a local resident of Singapore and cannot be the sole director of that company. The secretary may also be held [...]

By |2019-02-28T09:00:34+08:00February 28th, 2019|Questions and Answers|0 Comments

Do I need to have a common seal?

Before 31st March 2017, a Singapore company executing a document as a deed was required to affix the company's common seal on the deed in accordance with the company's constitution. The typical model constitution of a Singapore company incorporated before 31st March 2017 would state that the common seal of the company would have to [...]

By |2019-02-27T09:00:01+08:00February 27th, 2019|Questions and Answers|0 Comments

How do I amend my Company's Constitution?

According to Section 26(1) of the Companies Act, "Unless otherwise provided in this Act, the constitution of a company may be altered or added to by special resolution." Usually, companies will adopt the model constitution as provided in the Companies Act upon incorporation. As a company progresses, it may decide to make changes to the [...]

By |2019-02-21T09:00:06+08:00February 21st, 2019|Questions and Answers|0 Comments
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