{"id":141,"date":"2015-10-09T17:24:05","date_gmt":"2015-10-09T17:24:05","guid":{"rendered":"http:\/\/broker.commercegurus.com\/?page_id=141"},"modified":"2017-03-17T09:15:22","modified_gmt":"2017-03-17T09:15:22","slug":"private-limited-companies","status":"publish","type":"page","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/ddsmanagement.com.sg\/private-limited-companies\/","title":{"rendered":"Private Limited Companies"},"content":{"rendered":"<p>[vc_row type=&#8221;container&#8221; padding_top=&#8221;&#8221; padding_bottom=&#8221;&#8221; css=&#8221;.vc_custom_1449062960012{margin-bottom: 20px !important;}&#8221;][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2>Incorporation of a Private Limited Company<\/h2>\n<p align=\"justify\">A company is a business entity registered under the Companies Act, Chapter 50. It has a legal personality i.e. it has rights to own properties, has perpetual succession and can sue or be sued in its own name. It usually has the words &#8216;Pte Ltd&#8217; or &#8216;Ltd&#8217; as part of its name.<\/p>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_empty_space][vc_single_image image=&#8221;71257&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221;][\/vc_column][\/vc_row][vc_row type=&#8221;container&#8221; padding_top=&#8221;&#8221; padding_bottom=&#8221;&#8221; css=&#8221;.vc_custom_1489578005956{margin-top: -50px !important;margin-bottom: 20px !important;}&#8221;][vc_column][vc_column_text]<\/p>\n<h4>The features of a Company (Private Limited) are as follows:<\/h4>\n<ul>\n<li>A business form which is a legal entity separate and distinct from its shareholders and directors<\/li>\n<li>Exempt Private Company \u201320 members or less and no corporation holds beneficial interest in the company\u2019s shares<\/li>\n<li>Private Company \u2013 50 members or less<\/li>\n<li>A separate legal entity from its members and directors<\/li>\n<li>Can sue or be sued in its own name<\/li>\n<li>Can own property in company\u2019s name<\/li>\n<li>Members not personally liable for debts and losses of company<\/li>\n<li>At least one shareholder<\/li>\n<li>At least one director ordinarily resident in Singapore<\/li>\n<li>If a foreigner wishes to act as a local director of the company, he can apply for an EntrePass from the Ministry of Manpower<\/li>\n<li>Profits taxed at corporate tax rates<\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<h4>DDS Management\u00a0offers the most comprehensive company incorporation package in Singapore, our incorporation service includes the following:<\/h4>\n<ul>\n<li>ACRA\u00a0incorporation fee ($300)<\/li>\n<li>ACRA company name check and reservation ($15)<\/li>\n<li>Constitution<\/li>\n<li>First board resolution<\/li>\n<li>Issuance of share certificates<\/li>\n<li>resolution to open a company bank account<\/li>\n<li>one company seal ($80)<\/li>\n<li>Business profile<\/li>\n<li>Advisory on Compliance Requirements<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row type=&#8221;container&#8221; padding_top=&#8221;&#8221; padding_bottom=&#8221;&#8221; css=&#8221;.vc_custom_1449062960012{margin-bottom: 20px !important;}&#8221;][vc_column width=&#8221;1\/2&#8243;][vc_column_text] Incorporation of a Private Limited Company A company is a business entity registered under the Companies Act, Chapter 50. It has a legal personality i.e. it has rights to own properties, has perpetual succession and can sue or be sued in its own name. It usually has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":70700,"parent":0,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"page-full-width.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-141","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Private Limited Companies - DDS Management Pte Ltd.<\/title>\n<meta name=\"description\" content=\"The discovery and design of new materials, with an emphasis on solids.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/ddsmanagement.com.sg\/private-limited-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private Limited Companies - 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