Certificate of Incorporation Meaning: Understanding the Basics of Company Registration

Understanding Certificate of Incorporation Definition and Purpose A Certificate of Incorporation is a legal document that establishes the legal identity and status of a corporation. It is issued by the relevant government agency responsible for company incorporation, such as the Accounting and Corporate Regulatory Authority (ACRA) in Singapore. The certificate confirms that the company has […]

Incorporation Tax Benefits: How Incorporating Your Business Can Save You Money

Understanding Incorporation Tax Benefits in Singapore Singapore is a popular location for businesses to incorporate due to its favorable tax system. The country has a low corporate income tax rate of 17%, which is one of the lowest in the world. Additionally, Singapore offers various tax exemptions and benefits to companies, making it an attractive […]

Incorporation Fee Calculator: How to Calculate Business Incorporation Costs

Understanding Incorporation Fees in Singapore When it comes to starting a business in Singapore, one of the most important considerations is the cost of incorporation. Incorporation fees are the charges that a business owner must pay in order to register their company with the Accounting and Corporate Regulatory Authority (ACRA). Types of Business Structures Before […]

What Does Incorporation Mean in Government: A Clear Explanation

Understanding Incorporation Definition and Basics of Incorporation Incorporation refers to the process of forming a new business entity that is recognized as a legal entity separate from its owners. This legal entity can own property, enter into contracts, sue and be sued, and conduct business in its own name. Incorporation is a complex legal process […]

How to Check if a Company is Incorporated: A Clear Guide

Understanding Incorporation and Its Importance Definition of Incorporation Incorporation is the legal process of creating a new business entity separate from its owners. This process involves registering the business with the relevant authorities, such as the Accounting and Corporate Regulatory Authority (ACRA) in Singapore. Once incorporated, the business becomes a separate legal entity with its […]

Incorporation Without Share Capital: How to Form a Non-Profit Company

Understanding Incorporation Without Share Capital Definition and Key Characteristics Incorporation without share capital refers to the process of forming a legal entity that does not have any share capital. This means that the entity is not owned by shareholders who have invested in the entity by purchasing shares. Rather, the entity is owned by its […]

How to Find Your Incorporation Number: A Clear Guide

Understanding Incorporation Numbers Definition and Purpose An incorporation number is a unique identifier assigned to a company when it is incorporated. It is used to identify a company and distinguish it from other companies. The incorporation number is usually assigned by a government agency responsible for registering companies in a particular jurisdiction. The purpose of […]

How Long Are Articles of Incorporation: A Clear Guide

Understanding Articles of Incorporation Articles of Incorporation are the legal documents that establish a corporation as a separate legal entity from its owners. They outline the key details of the company, such as its purpose, structure, and ownership. The length of articles of incorporation varies by state, but they typically range from two to ten […]

How to Put a Corporation in a Trust: A Clear and Confident Guide

Understanding Trusts and Corporations Definition of Trusts and Corporations A trust is a legal arrangement where a trustee holds and manages assets for the benefit of the beneficiaries. A corporation, on the other hand, is a legal entity that is separate from its owners, who are referred to as shareholders or stockholders. The corporation can […]

Are Incorporation Costs Tax Deductible? Explained

Incorporation Costs and Tax Deductibility When incorporating a company in Singapore, there are certain costs that businesses incur. One question that often arises is whether these costs are tax-deductible or not. In this section, we will explore the tax deductibility of incorporation costs in Singapore. Understanding Deductible vs. Non-Deductible Expenses Before diving into the specifics […]