When considering the incorporation of company in Singapore; there are mandatory requirements that every business owner have to meet and comply with. According to Section 142 (1) of Singapore’s Companies Act, every company is required by law to have a registered business address in Singapore. Here are some of the […]
When registering a company in Singapore; there are several statutory requirements that a company should adhere to. One of the key requirements is having a registered business address in Singapore. A company can never be incorporated if they do not have a registered address in Singapore. However, there are options […]
Before you consider incorporating a company in Singapore; you should assess the regulatory landscape and gain an in-depth understanding that can help you make the best decisions. Engaging in such activities as an investor can be quite complex and time consuming. Therefore, you may want to consider working with corporate […]
The foundation of a company secretary lies in the four pillars that form it: the directors, shareholders, auditors, and company secretary. It is a statutory requirement in Singapore for all the pillars be in place if a company is to operate effectively. When considering the incorporation of company in Singapore; […]
Internal controls play an integral role when it comes to streamlining business processes. With many business owners not having a clear understanding on internal controls and why it should be part of the business, those who have factored in internal controls realised great benefits as a result. Internal controls are […]
Audit processes are undertaken with the aim of evaluating the effectiveness of the business processes to ascertain if the processes are accurate and whether the established procedures are being followed. Audit processes can be quite time consuming and hence, they are not performed frequently. Just like preventative maintenance done on […]
The duties and responsibilities of a company secretary are quite significant and having one is a statutory requirement that companies should abide by when incorporating a company in Singapore. Singapore has for several years been ranked as one of the countries that allows for the ease of doing business and […]
Company secretary is one of the significant roles within a registered company. The company secretary acts as the link between employees and employers and is charged with the responsibility of keeping company secrets. Here are some of the key responsibilities of corporate company secretaries. Statutory Duties Company secretaries are considered […]
There are several corporate service providers in Singapore offering different services based on their specialties. For companies incorporated in Singapore, there are tremendous benefits that comes with engaging a corporate service provider that is well conversant with provision of business support services such as the incorporation of a company, tax […]
Auditing is a statutory requirement for companies that are incorporated in Singapore. It should be undertaken by an audit firm in Singapore that meets the set criteria. Due to the set auditing thresholds in Singapore, companies that are considered small are exempted from statutory audit. However, whether a company is […]
