The Accounting and Corporate Regulatory Authority (ACRA) Inland Revenue Authority of Singapore (IRAS) views differ a little when it comes to dormant companies in Singapore. Here’s the quick rundown of the difference between how the two statutory boards’ view on dormant companies. A dormant company is typically defined by its silence or lack of business […]
Dormant companies in Singapore (IRAS and ACRA standards) Read More »
In Singapore, company directors have several roles and duties outlined by law. These responsibilities are crucial for the proper functioning and governance of the company. Here are the key roles and duties of a company director in Singapore: Fiduciary Duty: Directors have a fiduciary duty to act honestly, in good faith, and in the best
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In Singapore, every company is required by law to appoint a company secretary within six months of its incorporation. The role of the company secretary is crucial for ensuring that the company complies with various statutory and regulatory requirements imposed by the Companies Act and other relevant laws and regulations. Here are some reasons why
Why Does My Company Needs Company Secretary? Read More »
Incorporating a company in Singapore involves several steps. Here’s a general outline of the process: Choose a Company Name: Ensure that the name you choose is unique and not similar to any existing registered companies. You can check the availability of the name on the Accounting and Corporate Regulatory Authority (ACRA) website. Appoint Directors and
How to Incorporate Company in Singapore? Read More »
