![How to register your company as per Memorandum and Association of Articles in Singapore](/uploads/5/2/7/4/52741111/7180069.jpg?349)
The most important thing to do before you set up a business in Singapore is to do a Singapore company registration. In order to successfully register a company certain guidelines have to be followed such as choosing a name for the company which has been approved by the Registrar of Companies, In order for the name to be approved the company must comply with certain rules and regulations. Then, an MAA or Memorandum and Association of articles form is prepared and eligible persons are subscribed to it. Once the registration fee is remitted a certificate of incorporation from the Registrar of companies will be issued.
Firstly, the name has to be registered at the Registrar of Companies directory, in order to set up a company the name has to be approved by the registrar. This is the most important part of the process. The Memorandum and association of articles have the names of the shareholders, directors and whoever is involved with the company and also contains the blueprint of the company’s structure and rules & regulations of the operation of the company. It is a very important document and has to be submitted to the registrar in order to commence the incorporation. The document shows the skeletal understanding of the internal structures of the company.
Once the fee has been remitted to the registrar of companies the certification of incorporation will be issued. Singapore company incorporation takes about two days there are different types of company structures according to each type of company and they are Public limited company (PLC), Private company limited by shares (Ltd, Limited), Guarantee, Unlimited company, Limited liability partnership (LLP), Limited partnership (LP), Societas Europaea (SE): European Union-wide company structure, Community interest company, European economic interest grouping (EEIG) the most favoured company structure due to its various benefits is Private limited liability company.
Once you have decided upon the structure of a company you may fill the form for Singapore company registration and submit it along with the following documents Memorandum and Articles of Association, Corporate certificates, Share certificates, Seal or Stamp, Registers and bank accounts.
This article emphasizes on the importance of Memorandum and association of articles (MAA) and how a Singapore company registration can be done as per the MAA.
Firstly, the name has to be registered at the Registrar of Companies directory, in order to set up a company the name has to be approved by the registrar. This is the most important part of the process. The Memorandum and association of articles have the names of the shareholders, directors and whoever is involved with the company and also contains the blueprint of the company’s structure and rules & regulations of the operation of the company. It is a very important document and has to be submitted to the registrar in order to commence the incorporation. The document shows the skeletal understanding of the internal structures of the company.
Once the fee has been remitted to the registrar of companies the certification of incorporation will be issued. Singapore company incorporation takes about two days there are different types of company structures according to each type of company and they are Public limited company (PLC), Private company limited by shares (Ltd, Limited), Guarantee, Unlimited company, Limited liability partnership (LLP), Limited partnership (LP), Societas Europaea (SE): European Union-wide company structure, Community interest company, European economic interest grouping (EEIG) the most favoured company structure due to its various benefits is Private limited liability company.
Once you have decided upon the structure of a company you may fill the form for Singapore company registration and submit it along with the following documents Memorandum and Articles of Association, Corporate certificates, Share certificates, Seal or Stamp, Registers and bank accounts.
- The Corporate certificates are - Certificate of Registration, the Certificate of Incorporation, the Certificate of company address etc. These will be issued by the registration authorities.
- The share certificates - in case of a public limited company which issues shares to the public.
- The seal presents the signature including the a name of the company in a circular design and must be attested by a gazetted officer.
- The registers are required to maintain a register of members at the registered office.
- Bank accounts – are a need for financial transactions. The company has to maintain a bank account in its area of business operations.
This article emphasizes on the importance of Memorandum and association of articles (MAA) and how a Singapore company registration can be done as per the MAA.