Questions
- What is a Personalized Compliance Corporate Kit?
- What are the agenda for the first board meeting?
- What is the resolution to open a bank account
Answers
-
What is a Personalized Compliance Corporate Kit?
A Personalized Compliance Corporate Kit is issued by ACRA after incorporation of a company. It includes:
- corporate seal
- share certificates
- register and meeting minutes book
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What are the agenda for the first board meeting?
After the company is incorporated, the directors are to hold the first board meeting to approve the following:
- company registration
- appointment of the directors, secretary and other officers including auditors
- subscription of shares
- registered address
- financial year end
- adopt the common seal & other matters
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What is the resolution to open a bank account
The following documents will be provided to the client for the opening of a corporate bank account in Singapore:
- director’s resolution to open a bank account
- memorandum & articles
- e-notification of the incorporation
- company profile
- bank application forms


