Singapore Expats

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by Cherielim
Fri, 15 Nov 2019 12:18 pm
Forum: Business in Singapore
Topic: Paid Up Capital Question
Replies: 8
Views: 6554

Re: Paid Up Capital Question

Do you have sufficient declared shares in your articles of incorporation to be able to issue additional shares without calling an AGM/EGM? For example, if your articles authorized 100,000 shares and you've issued only 50,000 (assuming $1 value), then more stock can be issued without calling an AGM/...
by Cherielim
Wed, 25 Sep 2019 1:14 pm
Forum: Business in Singapore
Topic: Case for Pte Ltd : Company has no income
Replies: 21
Views: 31362

Re:

Sharon, if you don't know what you are doing, it would be wise to either find a good reference book or engage a secretary/CPA. All things must be properly done... the creation of a resolution, the handling of a resolution at a meeting... and all must be kept in your company's records. Here is how m...
by Cherielim
Sun, 25 Aug 2019 12:55 am
Forum: Business in Singapore
Topic: Paid Up Capital Question
Replies: 8
Views: 6554

Re: Paid Up Capital Question

Hi all. Would like to ride on this thread for a query of mine. My company was incorporated in 2015 and last year, we increased our paid up capital by another 30k duly deposited into our corporate account. But the issue is that we have forgot about informing ACRA regarding the increase in the paid up...

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