The regulatory body for business entities registered or to be registered in Singapore is the Accounting and Corporate Regulatory Authority (ACRA).
To incorporate a private limited company in Singapore, one must first submit to ACRA an application for approval of the name of the proposed entity.
What are resolutions? When do we issue share capital and what is the role of the company secretary. We have put together bits and pieces about corporate matters.
A company is a business vehicle upon which a business is founded to operate. Whilst it is undisputed that a company is accorded legal personality at law, it cannot function as intelligent as nature human like you and I. A company operates through its “organs’. It is our opinion that there are at least 2 organs which a company operates through; and these organs are the board of directors; and the members.
It is about promoting corporate fairness, transparency and accountability. Directors are responsible for a company’s governance, which will include setting the company’s goals, providing leadership to achieve the goals and supervising the management of the company.What is corporate governance and corporate social responsibility?