Rohit Singh
parulchaudhary1298@gmail.com
Checklist for Company Limited by Guarantee Formation in Singapore (189 อ่าน)
1 เม.ย 2568 19:58
<p class="" data-start="0" data-end="382">A Checklist for Company Limited by Guarantee (CLG) Formation in Singapore provides a step-by-step guide to ensure a smooth and legally compliant incorporation process for a non-profit organization or association. CLGs are commonly used by charities, clubs, or professional organizations where members' liabilities are limited to the amount they guarantee in case of liquidation.
<p class="" data-start="384" data-end="437">The checklist typically includes the following steps:
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<li class="" data-start="439" data-end="609">
<p class="" data-start="442" data-end="609"><strong data-start="442" data-end="462">Name Reservation: Ensure the company name is unique and not already in use by searching the Accounting and Corporate Regulatory Authority (ACRA).
</li>
<li class="" data-start="614" data-end="752">
<p class="" data-start="617" data-end="752"><strong data-start="617" data-end="639">Draft Constitution: Prepare the company's constitution, outlining its objectives, governance structure, and operational guidelines.
</li>
<li class="" data-start="754" data-end="951">
<p class="" data-start="757" data-end="951"><strong data-start="757" data-end="778">Appoint Directors: At least one local director is required, and the total number of directors must be at least two. Directors must be at least 18 years old and not be undischarged bankrupts.
</li>
<li class="" data-start="953" data-end="1069">
<p class="" data-start="956" data-end="1069"><strong data-start="956" data-end="985">Registered Office Address: Provide a local Singapore address as the company’s official communication address.
</li>
<li class="" data-start="1071" data-end="1203">
<p class="" data-start="1074" data-end="1203"><strong data-start="1074" data-end="1096">Members’ Guarantee: Ensure that the members agree to a specific guarantee amount, which is typically nominal (e.g., $1 each).
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<li class="" data-start="1205" data-end="1340">
<p class="" data-start="1208" data-end="1340"><strong data-start="1208" data-end="1228">Submit Documents: File the necessary documents, including the signed constitution, details of directors, and members, with ACRA.
</li>
<li class="" data-start="1342" data-end="1466">
<p class="" data-start="1345" data-end="1466"><strong data-start="1345" data-end="1374">Obtain License or Permits: Depending on the nature of the activities, additional licenses or permits may be required.
</li>
</ol>
<p class="" data-start="1468" data-end="1571">Following this checklist will help ensure the efficient and lawful establishment of a CLG in Singapore.
180.151.247.222
Rohit Singh
สมาชิก
parulchaudhary1298@gmail.com