Corporate Secretary
What We offer
Our team of experts provide incorporation advices and company secretarial duties for you.
Company Incorporation
Have a great idea and want to start a business around it, but don't know how? We can help for a fast set up process in Singapore!
Nominee Director
Are you a foreigner looking to incorporate a private limited company in Singapore without establishing local residency?
Company Secretary
All Singapore companies are required to appoint a Singapore Company Secretary to handle on-going statutory compliance matters.
Let Us Take Care Of Your ACRA Compliances With Secretarial Paperwork!
By engaging us you don’t have to worry as we will ensure your company compliance with regulatory requirements
Company Incorporation
Why do you need a Company Formation Services in Singapore?
It is critical to recognize that a company establishment in Singapore requires registering with ACRA. The process of registering, incorporating, and eventually forming a business that is recognized as a legal identity requires a comprehensive compliance with various statutory requirements, from picking a company name to appointing a director or nominee director.
Company formation services by incorporation specialists are consequently required for speedy business setups in Singapore in order to accelerate your Singapore company incorporation. The followings are required to register a business in Singapore:
- Approved Company’s Name and Principal Activities
- Company’s Directors and Shareholder
- Registered Office
- Company Secretary
- Possession of A Minimum Paid Up Capital
Frequently Asked Questions
The Accounting and Corporate Regulatory Authority (ACRA) requires that all firms in Singapore be registered . Before you do so, think about what business structure will best serve your company’s goals, whether it’s a sole proprietorship or an incorporation to create a limited liability entity. Depending on your business structure, different paperwork and information are required for registration.
- Disbursement to ACRA and Government Fees
- Free 1 Year Acting as Named Corporate Secretary
- Company Name Search
- Reservation of Company Name
- Preparation of Registration Forms
- Appointment of Named Secretary
- Constitution
- Business Profile
- E-Certificate of Incorporation
- 1st Board Meeting
- Company Share Certificates
- Advisory on Compliance Requirements
- Maintenance of Register of Registrable Controllers & Nominee Directors
- Exclusive Relationship Manager attached to each Company.
The following are some benefits:
- Tax Exemptions the first 3 years.
- Limited Liability (Limited to pay up compensations only up to indicated paid-up capital)
- Personal Assets of Directors/ Shareholders will not be implicated
We provide registered office address should your company need, at just a small fee a month.
Corporate Address: 37 Jalan Pemimpin #06-12 Mapex Singapore 577177
Why do i need a director based in singapore?
Nominee Director
All Singapore Private Limited Companies (PLCs) must have at least one director who is “ordinarily” a Singapore resident, according to the Singapore Companies Act.
This is to avoid firms being closed down due to legal violations, and to have someone in charge of dealing with statutory demands from individuals and groups within the company. Essentially, the director or nominee director guarantees that everything is done in accordance with Singapore law and that fiduciary obligations are met.
You may need the services of a nominee director if you are a foreign investor intending to form a private limited company in Singapore without acquiring local residency. We recognize the necessity of hiring a capable and trustworthy professional to serve as your company’s local director. As a reputable corporate service provider, we are able to offer the local Nominee Director Service for your company.
Condition 1:
The service is offered for statutory compliance only. The Nominee Director will not be involved in any financial, operational matters or management of the company.
Condition 2:
You must appoint one or more individuals (normally, company shareholders) to be the directors that are responsible for running the company operations.
Frequently Asked Questions
No, the Nominee Director cannot manage and be involved in your company’s operations.
As an exception, the Nominee Director can sign a contract or invoice if the document is deemed acceptable to us.
Our Nominee Director will not have any financial, management, or operational interest in the company.
The Nominee Director’s main role is limited to comply with the statutory requirement of having a local resident director for your Singapore company.
If the foreign client is no longer reachable, the Nominee Director will be required to bear the company liquidation charges. Hence, we require a security deposit from our client who is engaging our Nominee Director service in the event that we need to close down the company.
The security deposit is your money that is temporarily held in our custody for the duration that you engage our Nominee Director Service.
The security deposit will immediately be refunded to you upon the termination of our Nominee Director Service.
Yes, you can terminate the Nominee Director Service anytime by providing us with the details of an alternate local resident director.
Company Secretary Service
Why Do I Need A Company Secretary in Singapore?
All Singapore companies must engage a Singapore Company Secretary to handle ongoing statutory compliance matters, according to Section 171 of the Singapore Companies Act, Chapter 50. A corporate secretary adds value by acting as the key entity responsible for administrative responsibilities and documentation work that a firm is required to follow. Companies are required to select a company secretary or engage the services of a corporate secretary service provider in Singapore within six months after incorporation as specified by ACRA.
List of Services:
- Annual Return Filing
- AGM Preparation
- Allotment of Shares
- Share Transfer
- Distribution of Dividends
- Change of Company Name/ Business Activity
- Change of Company Officers
- Registration of Charges
- Company Strike Off
Frequently Asked Questions
Company Secretary
The following documents are required when you engage in company secretary services in Singapore and have us assume responsibilities as your Company Secretary:
- Business Profile of Company (Provided by ACRA)
- Photocopy of Identification (NRIC / Passport) of all Directors and Shareholders
- Memorandum and Articles of Association
These documents can be submitted via our system, after which we will proceed with the drafting of relevant resolutions to appoint the Company Secretary for your enterprise in Singapore.
Once the necessary paperwork has been prepared, the official signing of documents can be done at your preferred timing.
There might be several valid reasons for a company to contemplate a change in its corporate secretary. Should a company need to resign its secretary and engage the services of a new one, the change can be easily done.
A corporate secretary’s functions consist mainly of administrative duties and statutory obligations. One major aspect is to maintain and update the statutory registers of a company and comply with its constitution, while ensuring accounts are properly prepared and filed. Beyond these core duties and responsibilities, a company secretary takes on multiple roles within the company – from administrative to advisory to fiduciary roles, their duties are far-reaching. Therefore, it is important to appoint the right person when incorporating your business in Singapore. You may also engage a professional services firm like us to undertake this essential role.
Company Strike Off
ACRA will strike a company off the register only if the company meets the following conditions:
- The company has ceased operation
- The company is not and will not be involved in any court proceedings in or outside Singapore
- The company has no assets and liabilities*
- The company has no outstanding penalties or offers of composition due to ACRA and is not indebted to other government departments
- The company has no outstanding tax liabilities to the Inland Revenue Authority of Singapore (IRAS)
- The company has no outstanding charges in its charge register (e.g. no mortgages, etc.)
- None of the officers of the company have outstanding ACRA summonses
- If the Company is GST registered, kindly cancel it before the Company is submitted for strike off
Upon approval of a strike-off, a Striking-Off Notice will be sent to the company at its registered office address, to its directors at their residential addresses and to IRAS, within 14 days of the receipt of the strike-off application.
A period of one month is given in the Striking-Off Notice to anyone who may wish to raise any objection to the application.
After the one-month period has expired, a notification of the intention to strike this company off the register in two months’ time will be made in the Government Gazette. Any interested person can still raise an objection to the application during this two-month period.
After the two months have expired, a final notification will be made stating that the company has been struck off the register. The date that the company is struck-off will also be stated in the final notification.
The entire striking-off process takes up to four months in total.