What is Unique Entity Number (UEN)

A Unique Entity Number (UEN) is a unique combination of numbers with alphabet automatically assigned to all Singapore registered business entity . ACRA will email you UEN once successfully incorporated. UEN detail : What is different between company registration number and UEN ? Previously different goverment agent assigned different number to company example : ACRA

WHAT IS PAID UP ?

    Paid up capital refer to a sum of money that shareholder PAID into company bank account in return for them being named as shareholder of the company. There is NO fixed amount to be invest, all is based on the agreement between shareholder and company. There can be ANY legal currency . How

What is Company Constitution

Company Constitution or formerly knows as Memorandum and Articles of Association is a set of legal documents sated clearly rule and regulation how to run the company And it is a MUST documents during incorporation with ACRA WHAT INFORMATION CONTAINED IN COMPANY CONSTITUTION Liability of members; Directors’ powers and responsibilities; Directors’ meetings, voting, delegation to

What You Need to Declare in Annual Return with ACRA

WHAT NEED TO BE DECLARE DURING ANNUAL RETURN ? confirmation of officer’s particular confirmation of company shareholding confirmation company principal activities confirmation company charges confirmation company registered address confirmation nature of control (where register registrable controller kept ) AGM date Solvency of Company : Solvent / Insolvent Audit status : Audited report ? Unaudited report

What is Certificate of Incorporation

You will receive official email notification confirming the incorporation of Company from ACRA.   With such email notification, is proof that company is successfully incorporated with ACRA and treated as separate legal entity with its own identity which allowed it to have : ability stand on its owned ability to own property by its name

Convert from Sole Proprietor to Pte Ltd

What to take note if you intend to covert your sole proprietor to Pte Ltd company ?   COMPANY NAME Are you plan to re-use your sole proprietor name ? From ABC to ABC Pte Ltd ? YES, please appeal with ACRA.( normally it will be approved with the declaration date when the sole proprietor

AGM EXEMPTION IN SINGAPORE

BACKGROUD OF ANNUAL GENERAL MEETING (AGM) According to Companies Act ,  all company is required to hold AGM annually. Reason behind is to protect shareholder interest and AGM is the only venue where shareholder is given opportunities to clear their doubt about their investment .   WHY PEOPLE OPT FOR WAIVER OF AGM ? For
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