A Shareholders’ Agreement is a formal agreement between the shareholders of a private limited company. Its purpose is to govern the relationship between shareholders and determine the rights and obligations of the shareholders. A shareholders’ agreement can minimize both the time frame and the costs involved in a potential dispute…Read More
Annual Compliance FAQs
Yes, you can register a business at your home address, subject to certain conditions and considerations: Loss of privacy – your home address will be publicly available information Minimum opening hours – a registered office needs to be open for at least five hours every business day Restrictions on the…Read More
To become the director of a company, you will have to be elected by the company shareholders. In addition, to qualify as a Director in a company in Singapore, you have to be: a natural person (i.e. a company or business entity cannot be a director) ordinarily resident in Singapore—…Read More
A qualified audit opinion is a statement issued by an auditor after an audit has been done, and where there might be: Limitation of scope in the auditors’ work; Disagreement with management regarding the application or adequacy of accounting policies; or The auditor has identified an issue that is material…Read More
To apply online through Biz-file, the following information is required: Type of company Proposed company name Principal activities Particulars of directors Particulars of subscribers Share capital Registered address
In order to register a Singapore company, you must provide a local Singapore address as the registered address of the company. This is one of the guidelines outlined in the Companies Act.