Why is it important to use Nominee Directors provided by your corporate secretary?
For foreigners who wish to start a company in Singapore, there are a few regulations to follow. Here is a guideline to do so. One important aspect is getting Nominee Directors. What exactly is the role of the Nominee Directors (NDs)? As shared in the guideline earlier, the law…
Can Directors And Shareholders Obtain A Loan From The Company?
A director or shareholder may obtain a loan from the company, but not without certain restrictions. In general, a director cannot do so. But there are circumstances that a director or shareholder may do so if there is compliance with certain rules, to ensure corporate governance…
Are You Liable For Company Debts As Director In Singapore?
Are there any circumstances where you will be personally liable for your company’s debts as a director? The general answer will be no. That is the sole purpose of why you should incorporate an exempt private company limited by shares. The Singapore courts are not willing to…