Choosing a Company or Business Name 选择公司或商业名称 Before you can register a business or incorporate a company, the first step is to register a business name. Your business name allows you to identify your business to your customer, and to differentiate your business from competitors. Here are some tips on choosing a business name or […]
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How to Hold an EGM in Singapore
How to Hold an EGM in Singapore 如何在新加坡召开特别股东大会 What makes an Extraordinary General Meeting (EGM) “extraordinary”? 什么使特别股东大会(EGM)“特别”? As a small business owner, you would have heard of Annual General Meetings (AGMs) since every company is required to hold one every year, but may still be unsure about what an EGM is. 作为一位小企业主,你可能听说过年度股东大会(AGMs),因为每个公司都被要求每年举行一次,但可能仍然不确定什么是特别股东大会(EGM)。 AGM vs EGM […]
Licensing Your Business
Licensing Your Business 为你的商业申请执照 Certain business activities require a license or permit before you can start operating. After you have successfully registered your business or incorporated your company, you can proceed to apply for the license or permit from the relevant government agencies. For example, if you plan to operate a cafe, you would need […]
ACRA Guidance on register of registrable controllers and register of nominee directors
ACRA Guidance on Register of Registrable Controllers and Register of Nominee Directors 会计与公司监管局关于实际控制者登记册和提名董事登记册的指南 On 22 May 2019, the Accounting and Corporate Regulatory Authority (“ACRA”) revised the following ACRA Guidance relating to requirements on register of controllers for companies, foreign companies and limited liability partnerships (“LLPs”) (collectively, “ACRA Guidance on Register of Controllers”). 2019年5月22日,会计与公司监管局(“ACRA”)修订了以下ACRA指南,涉及公司、外国公司和有限责任合伙企业(“LLPs”) 注册控制者的要求(统称“ACRA实际控制者登记册指南”)。 Guidance […]
What is Corpass and How to register?
What is Corpass and How to register? 什么是Corpass,如何注册? As announced by the Singapore Government last year, Singapore Corporate Access (CorpPass), which is the digital identity for businesses in the country, will the only login method for businesses to transact with the Government from September 1, 2018. This means that all other existing login methods, such […]
How to Strike Off a Singapore Company
How to Strike Off a Singapore Company 如何注销新加坡公司 Section 344 of the Companies Act gives the Registrar of Companies the power to strike off a company from the Register. In order to do this, the Registrar must have reason to believe that the company in question is no longer in business. 公司法第344条赋予公司司法常务官将公司从登记册上除名的权力。为了做到这一点,司法常务官必须有理由相信该公司已不再营业。 In order to […]
ACRA updates “Anti-Money Laundering / Counter Financing of Terrorism Guidelines for Registered Filing Agents”
ACRA updates “Anti-Money Laundering / Counter Financing of Terrorism Guidelines for Registered Filing Agents” 会计和公司监管局更新《注册备案代理人反洗钱/反恐融资指南》 On 12 November 2018, the Accounting and Corporate Regulatory Authority (“ACRA”) released the updated “Anti-money Laundering/Counter Financing of Terrorism Guidelines for Registered Filing Agents” (“Guidelines”). 2018年11月12日,会计和公司监管局(“ACRA”)发布了最新的《注册备案代理人反洗钱/反恐融资指引》(“指引”)。 The Guidelines were first issued by ACRA on 8 June 2015 to help registered […]
How to Reduce Share Capital
How to Reduce Share Capital 如何减少股本 Running a company is not easy and if you own one in Singapore, then you might be faced with the decision to reduce the share capital should certain circumstances crop up; here are some scenarios which may warrant such a move: 经营一家公司并不容易,如果你在新加坡拥有一家公司,那么一旦出现某些情况,你可能会面临减少股本的决定;以下是一些可能需要这样做的情况: Your shareholders wish to cancel their shares […]
Guide to Transfer of Shares for Singapore Companies 新加坡公司股份转让指南
Guide to Transfer of Shares for Singapore Companies 新加坡公司股份转让指南 Private limited companies in Singapore may appoint a minimum of 1 and up to 50 local or foreign shareholders. The shareholders of a company are considered its owners and they may wish to sell or transfer their shares for reasons such as retirement, gifting or raising […]
Allotment of Shares 分配股份
Allotment of Shares 分配股份 Approval of the Authority to Issue Shares 发行股票的权力的批准 Section 161 of the Companies’ Act states: 《公司法》第161条规定: Notwithstanding anything in a company’s memorandum or articles, the directors shall not, without the prior approval of the company in general meeting, exercise any power of the company to issue shares. 不论公司备忘录或公司章程中有何规定,未经股东大会事先批准,董事不得行使公司发行股票的任何权力。 Therefore, unless prior […]