Record-keeping requirements for company meetings

Each company in Singapore needs to keep a record of the proceedings of its shareholders’ and directors’ meetings. These records are kept up as “minutes”. Minutes are a reasonable synopsis of the proceedings of a company’s meeting; they ought to precisely and concisely pass on the result of the exchanges directed by the meeting members. […]

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How to qualify for audit exemption for your Singapore company ?

The Accounting and Corporate Regulatory Authority (ACRA) is the national regulator of business entities, public accountants and corporate service providers in Singapore. ACRA also plays the role of a facilitator for the development of business entities and the public accountancy profession. A private limited company is the most suitable form of business structure in Singapore. […]

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Why do you need a local director for your company in Singapore

All companies in Singapore must be registered with the Accounting & Corporate Regulatory Authority (ACRA) and abide by the Singapore Companies Act. The key requirements for registration of a company in Singapore include: at least one shareholder (individual or corporate entity) at least one resident director one company secretary initial paid-up share capital of at […]

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