Company Law & Administration - Overview

Company & Business Registration :

Every company that wishes to conduct business in Singapore must be registered with the Registry of Companies. The Companies Act regulates the incorporation and administration of companies in Singapore. Compliance with other legislation may be required depending upon the nature of the business activities. A check list for incorporation of a Singapore company is annexed.

Directors:

Every company incorporated in Singapore must have at least two directors, one of whom must be ordinarily resident in Singapore. Before appointment each director must file with the Registry of Companies a consent to act as director. A Singapore resident director cannot resign unless there are at least two other directors remaining, including one who is ordinarily resident in Singapore. In order to qualify as a Singapore resident director a person must be either a Singapore citizen or permanent resident or hold a valid employment pass. Corporations cannot act as