In most of commonwealth countries, there is this concept of authorised capital. Authorised capital refers to the maximum permissible amount of capital up to which the share capital of the company can be increased. 160 more words
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How to Incorporate a Company in Singapore?
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Whenever there is a facility provided by a bank or a financial institution or a lender, they usually take a security in form of charges being created and such charges must be lodged with ACRA via bizfile ( 207 more words
There are situations when the appointed Company secretary needs to be resigned or changed and this is a fairly simple process if the outgoing company secretary is cooperative with this. 258 more words
All Singapore companies are required to have a locally resident company secretary (Citizen/Permanent Resident/Employment Pass holder/S Pass holder).
Who can be a Company Secretary?
If the company is a Private Limited Company, anybody who is capable of discharging the duties of a Company Secretary can be appointed as company secretary and no special qualification is required for such person who is being appointed as Company Secretary of the Company. 185 more words
In many countries, before any allotment can be made, you will need to check the authorized capital of the company to ensure that the allotment will not beach the authorized capital limit. 428 more words