Setting up a limited by guarantee (LBG) company in Singapore
Setting up a limited by guarantee (LBG) company in Singapore can be a straightforward process. This type of company is typically used by non-profit organisations, clubs, and associations, and it offers certain advantages, such as limited liability for members. In this blog, we will guide you through the steps to set up an LBG company […]
Understanding SSIC Codes in Singapore
Note: The following article is a comprehensive guide to understanding SSIC codes in Singapore. It provides valuable insights into the purpose of SSIC codes, how they are used, and how to determine the correct code for your company. The information presented here is based on extensive research and aims to provide a clear understanding of […]
A Guide to Singapore Share Certificates
As an ACRA-registered company in Singapore, it is crucial to understand the ins and outs of share certificates. A share certificate is a legal document that serves as proof of ownership for shareholders in a company. It contains important details about the shares, such as the shareholder’s name, the number of shares owned, and the […]
Understanding the Role and Duties of a Non-Executive Director
Defining Non-Executive Directors Non-Executive Directors, commonly referred to as NEDs, are seasoned professionals who bring an independent and objective perspective to the boardroom. Unlike their executive counterparts, NEDs are not involved in day-to-day operations, allowing them to provide impartial guidance and oversight. Importance of NEDs in Corporate Governance The significance of NEDs in corporate governance […]
Guide to starting an import or export business in Singapore
Starting an import or export business in Singapore can be a lucrative venture, but it requires a good understanding of the regulations and procedures involved. Here are the steps you need to follow: Market Research: Begin by conducting thorough market research to identify potential opportunities and assess demand for your products or services. Understand the […]
50 Business Ideas You Can Start in 2023
Singapore’s entrepreneurial landscape is ripe for innovation, with a small but dynamic population that values unique and tailored services. Let’s delve deeper into each of the 50 business ideas that cater to the diverse needs and preferences of Singaporeans. Eco-Friendly Products Shop: Dive into the eco-conscious movement by establishing a shop that curates and sells […]