How to check is the Company name available ?

You need to ensure that desire company name is available before proceed to company name reservation . Avoid selecting names which are: identical to an existing business. undesirable i.e. names which are vulgar, obscene or offensive. prohibited by order of the Minister for Finance. How to check is my favorite company name is available WITHOUT
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Can Employment Pass holder become shareholder

Employment Pass holder is allowed to be appointed Company Director for the Employer company stated on their working visa. How about Employment Pass holder to become shareholder ? Can Employment Pass holder become shareholder of the company ? Yes Can Employment Pass holder receive director fees from the company ? Received Director fees will be
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HOW TO RECOMMENCING DORMANT COMPANY

Company can recommencing dormant company at anytime . ANY COMPLIANCE ACTION NEEDED ? YES. IRAS COMPLIANCE MATTERS Company is required to notify IRAS within 1 month from the date of commencement of business. HOW TO NOTIFY ? Please email to ctmail@iras.gov.sg together with the following : Subject title : ” Recommencement of business and request
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WHAT YOU NEED TO DO TO KEEP COMPANY DORMANT

What is Dormant Company ? ACRA definition : ” Company is consider DORMANT if NO accounting transaction occur “ IRAS definition : ” Dormant company means company does not conduct any business activities that generate income during financial year end “ Transaction does NOT have impact on dormancy of company : Interest from fixed deposit
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Representative Office for Foreigner

BACKGROUND :  MR A plan to move his business footprint into Singapore . Please advise . POINT TO TAKE NOTE Mr A is foreigner who not holding any valid pass in Singapore what is his intention ( to study market ? to setup company ?) SOLUTION To setup Singapore Representative Office (SRO) Singapore Representative Office
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What If I Do Not Want to Conduct AGM ?

To minimise the operating cost, Pte Ltd company is allowed exempted from conducting of AGM. To comply with the exempted of AGM, you need to : conduct Physical Meeting to approve dispenses off AGM All shareholder must agreed and approved ” Dispense off AGM” Company must send their financial statement to member within 5 months
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Enforcement Action for Breaches of Annual Return Filing

ACRA is taking serious enforcement  against company who fail to file their Annual return and conduct Annual General Meeting (AGM). Other than  penalty or composition fine , company may face the following enforcement  : COURT PROSECUTION Attendance to Court after composition fine offered ACRA will send notice to the company registered address and offer composition
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List of Statutory Requirement for Singapore Company

Being business owner in Singapore , you must be aware of the following statutory requirement applicable to all Singapore registered company : Company Must Have a Registered Office All company must have registered office address. And you are required to declare during incorporation stage . Please note that PO Box DOESNOT allowed to used as
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