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Singapore Company Incorporation FAQs

Frequently Asked Questions about Singapore Company Formation


  • Can a shareholder also be a director?

    Yes, there are no restrictions prohibiting an individual assuming both roles.

  • What is the difference between a director and a shareholder?

    own the company and are entitled to the profits of the company.


    Manage and oversee the company’s operations, and deal with everyday responsibilities.

  • What documents are required to incorporate the subsidiary company?

    Typically the following documentation will be required:

    • Details of the proposed subsidiary name, share capital, shareholder(s), director(s) etc.
    • Copy of Singapore ID (where applicable) and passport of each director and individual shareholder
    • Certificate of incorporation of the parent company and company profile reflecting registered address and directors of the parent company.

    * Any documents that are not in English must be officially translated into English.

  • What are the Different Kinds of Companies?
    • Private/public company limited by shares
    • Public Company Limited by Guarantee
  • What is a private company?

    A private company is a company that can have a maximum number of 50 shareholders. Its constitution restricts the right of its members to transfer their shares in the company.


    A private company limited by shares can be classified as an small company.

    The key characteristics of an small company are:

    • No more than 20 shareholders.
    • All shareholders are individuals.
    • Small companes with an annual revenue of less than S$10 Million are exempt from audit requirements and are not required to file financial statements with the ACRA.
    • It is exempt from prohibitions against loans to its directors or to companies related to its directors.

Company Secretary

Can my company retain annual Company Secretarial services?

Yes. Our company secretarial services include:

  • Providing at least one qualified person to be appointed as your Company Secretary in accordance with the Companies Act.

    What act?

  • Attending to routine secretarial matters of the company, including the first board meeting, annual general meeting, biz profile records and affixation of common seal.
  • Safekeeping and maintaining registers, minute book and other statutory records.
  • Providing you with compliance reminders with regard to the numerous regulatory requirements.

Is the company secretary an employee of the company?

A company secretary can, but is not required to be an employee of the company. A company can also use the services of a third party service provider, such as Lee Kim Alliance, to comply with the company secretary requirement.

What are the duties and responsibilities of a company secretary?

The company secretary is required to ensure that the company is in compliance with the relevant legal requirements. 
This includes preparing and filing statutory registers and annual returns, directors’ reports, board resolutions, and minutes of general meetings.

Do I need a company secretary when I incorporate my company?

A company secretary must be appointed within 6 months of setting up your company.

Who can be a company secretary?

Any natural person who is a Singapore resident and who has the requisite knowledge needed to perform his or her duties may be a company secretary.

What is a company secretary?

A company secretary is the person appointed to ensure that the company remains compliant with statutory requirements such as the maintaining and filing of statutory records and returns.

Can I remove or appoint a company secretary after the company is incorporated?

Yes, the company secretary can be removed or appointed in the manner prescribed in the company’s articles of association.

Is the company secretary an officer of the company?

Yes, just as directors are officers, the Companies Act classifies a company secretary as an officer of the company, however directors are responsible and ultimately liable for the company’s compliance.