Questions

  1. What is a Personalized Compliance Corporate Kit?
  2. What are the agenda for the first board meeting?
  3. What is the resolution to open a bank account

Answers

  1. Rating: +0

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    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
  2. Rating: +0

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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
  3. Rating: +0

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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