AM Corp Blog

Blogs about corporation startup tips, accounting and taxation basics.

How To Craft A Successful Shareholder’s Agreement

Posted by AM Corporate Services Pte. Ltd. 11. 20. 2018

In many businesses and organizations, formal shareholders agreement is commonly put in place, even if it is not a legal requirement to do so. There are many benefits to having one, however. Companies are given the security of knowing that the operations of the business and the responsibilities the shareholders have are already taken into full consideration. Everyone within the organization will therefore understand what is allowed or disallowed and are informed of how decisions within the organization are to be made. This reduces the incident of conflicts that may arise between shareholders that could potentially disrupt operations and hurt the profitability of the business.

Many businesses, however, tend to delay drafting an agreement when they first start a new company. While this is not normally an issue, it makes better business sense to have one in place in the near future as different shareholders are bound to have differing opinions on how businesses should be managed. In addition, circumstances such as the economy can change. Misunderstandings can occur where shareholders disagree over profits sharing; leading to fracturing of the company and unnecessary stress.

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Topics: Shareholder, Management, Corporate Compliance, Start Up

How and When Singapore Local Companies Should File Annual Returns with ACRA?

Posted by AM Corporate Services Pte. Ltd. 12. 13. 2017

Meeting regulatory requirements, ensuring business continuity, safeguarding business reputation – these are the main reasons for filing a company’s Annual Return with the Accounting and Corporate Regulatory Authority (ACRA). 

Below is a quick guide on how and when to file for Annual Returns in Singapore.

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Topics: Compliance to law, Corporate Compliance, Accounting

Singapore Company Director Requirements: Main Duties and Responsibilities

Posted by AM Corporate Services Pte. Ltd. 11. 6. 2017

As one of the leading wealth management hubs and a gateway to Southeast Asia, Singapore attracts an impressive amount of foreign investments. According to the Accounting and Corporate Regulatory Authority (ACRA), the number of registered companies has doubled since 2003. As a result, the number of directors managing such companies has also increased dramatically.

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Topics: Corporate Compliance, Management