Can Directors And Shareholders Obtain A Loan From The Company?

A director or shareholder may obtain a loan from the company, but not without certain restrictions. In general, a director is not permitted to do so. But there are circumstances that a director or…

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Can a foreign owned Singapore company open a company bank account in Singapore?

Singapore is a very open economy and we do welcome individuals from all over the world to open companies in Singapore to do legitimate business. Foreigners can fully own a Singapore company. A…

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Are You Liable For Company Debts As Director In Singapore?

Have you ever wonder, at the point of incorporating your company, are there any circumstances where you will be personally liable for your company's debts? The general answer will be no. That is the…

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How To Choose A Suitable Corporate Secretary For You

Roles of a Corporate Secretary in Singapore All companies incorporated in Singapore are mandated by law, to have a named individual to be sitting on board as a company secretary. The roles of a…

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What is the difference between a Singapore Subsidiary Company and a Singapore Branch Office

If you are a foreigner looking to set up a company in Singapore, you have the option to set up either a Singapore Subsidiary Company or a Singapore Branch Office. There is another option to set up a…

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How Do You Convene An Extraordinary General Meeting (EGM) For Your Company

What is an Extraordinary General Meeting (EGM)? If you have incorporated a company in Singapore or planning to do so, chances are you have done or heard of Annual General Meetings (AGMs). As an…

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What is the Register for Registrable Controllers?

The Register for Registrable Controllers is a document that lists all controllers and beneficial owners of a company. A controller is an individual or an entity that has significant interest or…

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How much will it cost a foreigner to open a company in Singapore?

Our company does incorporation of Singapore companies and we have both local as well as foreign clients. The cost and procedures are generally similar and here is a breakdown. All quoted prices are…

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What is an investment holding company or holding company?

A typical company conducts business and hires staff to produce goods and services and sells these goods and services to receive revenue. An investment holding company is a company that does not…

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How to set up a Non-Profit Entity in Singapore

  In Singapore, a non-profit entity is one that does not distribute its surplus revenue among its members. A traditional profit driven entity would seek to maximise profits so that this profits…

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