What is a Nominee Director?
Many clients have asked us, 'What is a Nominee Director and what does he or she do exactly? Do they have any legal rights over the company?'. In this article, we will answer this question in detail. Why do I need a Nominee Director (ND)? To answer this, we need to look at the…
Consequences Of Failure To File Annual Returns
What does the Act say? In accordance with Section 197 of the Companies Act, all companies need to file their annual returns on time. Failure to file annual returns will result in a Singapore Dollar SGD $300 late lodgement fee. This $300 late lodgement fee will be payable when…