Corporate Article

If you are a local or a foreigner looking to incorporate a company in Singapore, you may engage an ACRA registered filing agent like us. Firstly, you will need to fill in the related incorporation documents which can be found at this link: https://acrafilingagent.com/company-registration-documents/ You will need the following forms: Incorporation of New Company Form […]

In an article by the Business Times on the 2nd of June 2020, the Inland Revenue Authority of Singapore (IRAS) informed the publisher that expenses incurred from working from home can be deducted against employment income. Here are the qualifying criteria: The expenses must be incurred while carrying out duties; and These expenses must not be

The common question we get when clients look for us to incorporate a Singapore company is regarding paid-up capital. In a nutshell, paid-up capital is the amount of money that the company has received in exchange for its shares. Shares can be paid-up or not paid-up. A company is a separate entity from the shareholders.

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

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

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

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

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

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