FAQ

Singapore Incorporation

1. Benefits of incorporating a company in Singapore

2. What are the basic requirements for Incorporation?

3. How can a foreigner incorporate a company in Singapore?

4. How long will it take to start a company in Singapore?

5. Minimum Number of Directors to incorporate a company in Singapore?

6. What is the minimum capital requirement for Singapore incorporation?

6. Should I use a lawyer or a professional corporate secretary for my incorporation?

Company Secretary Takeover

1. Why do I need to change my company secretary?

2. What are the procedures to change company secretary?

3. Choosing a good company secretary

4. How do I appoint a new company secretary?

5. My current secretary refuses to resign. What should I do?

6. When is a good time for me to change my company secretary? 

Company Directors

1. What are the requirements for directors?

2. Who can be a local director?

3. What can I do if I do not have a local director?

4. What are the duties of a company director?

5. When will a company director be disqualified?

Company Shareholders

1. What are the requirements for shareholders?

2. What are the duties of a shareholder?

Corporate Secretary

1. Why do I need a corporate secretary?

2. Who is a company secretary?

3. Can I appoint myself as a company secretary?

4. What is the role of the corporate secretary?

Registered Business Address

1. Why do I need a registered business address?

2. Can I use my home address as a registered business address?

3. Can I open a small company in Singapore without a company address?

4. Can a foreign company use your business address as their office address?

5. Can I use your registered business address service for personal use?

6. Can a virtual office address be used to receive parcels?

Document & Filing Related Matters

1. Why can’t Lionsworld accept digital signatures and put electronic documents online?

2. Why do documents need to be originally signed or notarized?

3. What are the necessary procedures my company must complete every year?

4. What are the steps to take for annual filings? 

5. What happens if I do not complete my filings on time? 

Miscellaneous Questions

1. Can I register a company if I have a bad credit rating?

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