The Need for Shareholder Agreement 股东协议的必要性 What is a Shareholder Agreement? 什么是股东协议? A shareholder agreement is a legal document that stipulates the rights and obligations of shareholders in a company, including shareholder relations and the management of the company. It may also supplement the company constitution by adding additional rules and regulations not covered in […]
Secretary
Dormant Companies and Their Filing Obligations in Singapore
Dormant Companies and Their Filing Obligations in Singapore 休眠公司及其在新加坡的备案义务 What is a Dormant Company? 什么是休眠公司? A dormant company is generally one which does not engage in business activity. This may include buying or selling goods, paying dividends, or receiving income. 休眠公司通常是指不从事商业活动的公司。这可能包括购买或出售商品、支付股息或获得收入。 One may consider leaving their company dormant if, for example, they decide to take […]
What are the differences between Directors and Shareholders?
What are the differences between Directors and Shareholders? 董事和股东之间有什么区别? In Singapore, just like in most jurisdictions, there are glaring differences between Directors and Shareholders. One of the major differences between directors and shareholders in Singapore is that whereas a shareholder owns part of the company, he or she is not actively involved in the day […]
Role and rights of a shareholder in Singapore
Role and rights of a shareholder in Singapore 新加坡股东的角色和权利 Companies in Singapore treat their shareholders with utmost fairness and equity, allowing them to exercise their rights and enabling them to communicate their views on relevant matters that involve their respective companies. They provide shareholders a balanced, comprehensible, and complete assessment of the company’s position, performance, […]
Advantages of Incorporating a Private Limited Company in Singapore
Advantages of Incorporating a Private Limited Company in Singapore 在新加坡成立私人有限公司的好处 A properly structured Singapore Company (Pte Ltd/Private Limited) is an excellent, tax efficient corporate conduit, through which international business can be conducted, with the following benefits: 一个结构合理的新加坡公司(私人有限公司)是一个优秀的,税务效率高的公司渠道,通过它可以进行国际业务,有以下好处: Reputation and Credibility 声誉和信誉 Any Singapore incorporated company has excellent credibility and international status, thanks to Singapore’s prestigious […]
Dividend Payments in Singapore
Dividend Payments in Singapore 新加坡的股息支付 Definition of a Dividend 股息的定义 A dividend is the distribution of the excess money obtained from a portion of the company’s earnings. Dividends are paid to one or more of the company’s shareholders. Dividends are managed and controlled by the company’s board of directors. However, the distribution of dividends needs approval […]
Complying with Anti Money Laundering and Countering the Financing of Terrorism Regulations of Singapore
Complying with Anti Money Laundering and Countering the Financing of Terrorism Regulations of Singapore 遵守新加坡反洗钱和反恐怖主义融资条例 To comply with AML/CFT guidelines financial services firms are expected to: 为了遵守AML/CFT准则,财务服务公司应: Access and mitigate money laundering and terrorist financing risks; 获取和减少洗钱和恐怖主义融资风险; Identify and know their customers; 识别和了解他们的客户; Conduct regular account reviews, and 进行定期的账目审核; Monitor and report any suspicious transaction. […]
Registering a Limited Liability Partnership (LLP) in Singapore
Registering a Limited Liability Partnership (LLP) in Singapore 在新加坡注册有限责任合伙企业(LLP) A limited liability partnership, or LLP for short, is one type of business entity in Singapore. An LLP provides business partners with a flexibility of operating as a partnership whilst having a separate legal identity like that of a company. In other words, the LLP is […]
Different Types of Business Entities
Different Types of Business Entities 不同类型的企业实体 How to choose between the different types of business entities? There are four types of business entities: business, company, limited liability partnership, and limited partnership. 如何在不同类型的企业实体之间进行选择?有四种类型的企业实体:企业、公司、有限责任合伙企业和有限合伙企业。 Let us start with the simplest form, which is a business. A business can be a sole proprietorship with one owner or a […]
Incorporating a Local Company in Singapore
Incorporating a Local Company in Singapore 在新加坡成立本地公司 Hello, there are you looking to start a company in Singapore? If yes, you have come to the right place. 你好,你想在新加坡开公司吗? 如果是的话,你来对地方了。 Before you begin incorporating a company, you must have the company’s name application approved. Approved name applications are reserved for 120 days. 在你开始注册一个公司之前,你必须让公司的名字申请被批准。经批准的姓名申请保留120天。 Once the company’s […]