{"id":1580,"date":"2020-11-09T02:31:32","date_gmt":"2020-11-09T02:31:32","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/scmohan.com.sg\/?page_id=1580"},"modified":"2025-08-12T15:23:28","modified_gmt":"2025-08-12T07:23:28","slug":"new-business-ventures","status":"publish","type":"page","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/scmohan.com.sg\/solutions\/new-business-ventures\/","title":{"rendered":"New Business Ventures"},"content":{"rendered":"<div class=\"wpb-content-wrapper\" id=\"wpb-content-root\"><p>[vc_row full_width=&#8221;stretch_row_content_no_spaces&#8221;][vc_column icons_position=&#8221;left&#8221;][vc_single_image image=&#8221;4600&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; css=&#8221;&#8221;][vc_empty_space height=&#8221;60px&#8221; alter_height=&#8221;none&#8221; hide_on_desktop=&#8221;&#8221; hide_on_notebook=&#8221;&#8221; hide_on_tablet=&#8221;&#8221; hide_on_mobile=&#8221;&#8221;][\/vc_column][\/vc_row][vc_row hide_bg_image_on_tablet=&#8221;&#8221; hide_bg_image_on_mobile=&#8221;&#8221;][vc_column width=&#8221;2\/3&#8243; icons_position=&#8221;left&#8221;][vc_column_text]<\/p>\n<h6 class=\"sc_item_subtitle sc_promo_subtitle sc_align_left sc_item_title_style_default\"><\/h6>\n<p>[\/vc_column_text][vc_empty_space alter_height=&#8221;none&#8221; hide_on_desktop=&#8221;&#8221; hide_on_notebook=&#8221;&#8221; hide_on_tablet=&#8221;&#8221; hide_on_mobile=&#8221;&#8221;][vc_column_text css=&#8221;.vc_custom_1754903426800{margin-top: -11px !important;}&#8221;]<\/p>\n<div class=\"justify\">\n<p><span style=\"font-weight: 400;\">Whether your business is a fresh start-up or a developing SME looking to scale growth, S C Mohan PAC offers a comprehensive support platform.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">We effectively manage the administrative and statutory compliance responsibilities for your organisation by providing an integrated and tailored corporate services solution. Some of our New Business Ventures Services:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Company incorporation \/ business registration<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Corporate secretarial<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Accounting &amp; bookkeeping<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Payroll<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Tax and GST compliance<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Ad-hoc advisory<\/span><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/scmohan.com.sg\/solutions\/business-connections-concierge\/\"><span style=\"font-weight: 400;\">Business Connections Concierge<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">We\u2019re here to help you build and grow your business through our solutions, people and networks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To find out exactly how we can assist you, kindly submit the enquiry form or drop us an email.<\/span><\/p>\n<h6 class=\"sc_item_subtitle sc_promo_subtitle sc_align_left sc_item_title_style_default\">FAQ<\/h6>\n<\/div>\n<p>[\/vc_column_text][vc_empty_space alter_height=&#8221;none&#8221; hide_on_desktop=&#8221;&#8221; hide_on_notebook=&#8221;&#8221; hide_on_tablet=&#8221;&#8221; hide_on_mobile=&#8221;&#8221;][vc_column_text]<style>#sp-ea-2734 .spcollapsing { height: 0; overflow: hidden; transition-property: height;transition-duration: 500ms;}#sp-ea-2734.sp-easy-accordion>.sp-ea-single {margin-bottom: 10px; border: 1px solid #e2e2e2; }#sp-ea-2734.sp-easy-accordion>.sp-ea-single>.ea-header a {color: #444;}#sp-ea-2734.sp-easy-accordion>.sp-ea-single>.sp-collapse>.ea-body {background: #fff; color: #444;}#sp-ea-2734.sp-easy-accordion>.sp-ea-single {background: #eee;}#sp-ea-2734.sp-easy-accordion>.sp-ea-single>.ea-header a .ea-expand-icon { float: left; color: #444;font-size: 16px;}<\/style><div id=\"sp_easy_accordion-1792946020\"><div id=\"sp-ea-2734\" class=\"sp-ea-one sp-easy-accordion\" data-ea-active=\"ea-click\" data-ea-mode=\"vertical\" data-preloader=\"\" data-scroll-active-item=\"\" data-offset-to-scroll=\"0\"><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-27340\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse27340\" aria-controls=\"collapse27340\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What are the general requirements for company set up in Singapore?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse27340\" data-parent=\"#sp-ea-2734\" role=\"region\" aria-labelledby=\"ea-header-27340\"> <div class=\"ea-body\"><ul class=\"lists1\"><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">100% shares can be held by foreign or local corporation or individual shareholder<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Minimum initial paid-up share capital is $1.00<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Minimum 1 shareholder, 1 director and 1 company secretary<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Sole shareholder can also act as sole director<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Sole director cannot act as company secretary<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Company secretary must be Singapore Resident (we can be the named company secretary, if required)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">At least one director must be a resident of Singapore (i.e. Singapore Citizen, Singapore Permanent Resident, Employment Pass \/ Entrepass \/ Dependant Pass holder)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Directors must be a natural person of \u201cfull age\u201d and capacity (must be 18 years old and above)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Directors cannot be an undischarged bankrupt or convicted of any offence involving fraud or dishonesty whether in Singapore or elsewhere.<\/span><\/li><\/ul><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-27341\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse27341\" aria-controls=\"collapse27341\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What basic information is required for company set up in Singapore?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse27341\" data-parent=\"#sp-ea-2734\" role=\"region\" aria-labelledby=\"ea-header-27341\"> <div class=\"ea-body\"><ul class=\"lists1\"><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Proposed name of company<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Principle activities for the proposed company (maximum 2 types of activities)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Number of shares to be issued to each shareholders<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Photocopy or scanned copy of Passport and\/or Identity Card of all shareholders and directors (if Shareholder is a company, please provide the Company Incorporation certificate or official company profile and a company resolution or Power of Attorney to appoint a representative for signing of the company incorporation documents)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Proof of address of all directors and shareholders (i.e. latest utility bill or phone bill or credit card bill)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Registered office address<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">For Documents signed outside of Singapore, Notary Public witnessing is required<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documents in other languages must be translated to English by certified translator<\/span><\/li><\/ul><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-27342\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse27342\" aria-controls=\"collapse27342\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> How long does it take to incorporate a company in Singapore?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse27342\" data-parent=\"#sp-ea-2734\" role=\"region\" aria-labelledby=\"ea-header-27342\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">The time frame for incorporation (with local director\/ shareholder) is usually around 3 working days (1 day for name reservation and 2 days for incorporation, subject to all requested information made available to AM Corporate Services beforehand and receipt of payment on our invoice). However, if the documents have to be sent overseas for execution by the directors \/ subscribers, the time taken will depend on when these documents can be returned to us for submission to ACRA. Please note that with effect from 13 January 2003 the ACRA does not issue hardcopy of Form 9 (Certificate of Incorporation). Only an E-Notice confirming incorporation will be transmitted to the applicant\u2019s email address. If you require a hardcopy of certificate of confirmation of incorporation from ACRA, this can be purchased from ACRA at S$50.00.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-27343\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse27343\" aria-controls=\"collapse27343\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Are there any special conditions for a single director and shareholder company?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse27343\" data-parent=\"#sp-ea-2734\" role=\"region\" aria-labelledby=\"ea-header-27343\"> <div class=\"ea-body\"><div class=\"answer\"><p><span style=\"font-weight: 400\">None. Director and shareholder can be <\/span><span style=\"font-weight: 400\">the<\/span><span style=\"font-weight: 400\"> same person. The only restriction is that you have to appoint a qualified company secretary.<\/span><\/p><\/div><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-27344\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse27344\" aria-controls=\"collapse27344\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Can I convert my sole-proprietorship to a one-director company?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse27344\" data-parent=\"#sp-ea-2734\" role=\"region\" aria-labelledby=\"ea-header-27344\"> <div class=\"ea-body\"><div class=\"answer\"><p><span style=\"font-weight: 400\">Yes, the owner of the sole proprietorship business can be the sole director and the shareholder of the company. You will need to appoint a qualified company secretary.<\/span><\/p><\/div><\/div><\/div><\/div><\/div><\/div>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/scmohan.com.sg\/faq\/\">More FAQ<\/a>[\/vc_column_text][vc_empty_space height=&#8221;60px&#8221; alter_height=&#8221;none&#8221; hide_on_desktop=&#8221;&#8221; hide_on_notebook=&#8221;&#8221; hide_on_tablet=&#8221;&#8221; hide_on_mobile=&#8221;&#8221;][\/vc_column][vc_column width=&#8221;1\/3&#8243; fix_column=&#8221;&#8221; hide_bg_image_on_tablet=&#8221;&#8221; hide_bg_image_on_mobile=&#8221;&#8221; icons_position=&#8221;left&#8221; css=&#8221;.vc_custom_1604799022074{padding-right: 25px !important;padding-left: 25px !important;background-color: #f3f4f4 !important;}&#8221;][vc_empty_space height=&#8221;60px&#8221; hide_on_desktop=&#8221;&#8221; hide_on_notebook=&#8221;&#8221; hide_on_tablet=&#8221;&#8221; hide_on_mobile=&#8221;1&#8243;][vc_empty_space height=&#8221;80px&#8221; hide_on_desktop=&#8221;1&#8243; hide_on_notebook=&#8221;1&#8243; hide_on_tablet=&#8221;1&#8243; hide_on_mobile=&#8221;&#8221;][vc_widget_sidebar sidebar_id=&#8221;custom_widgets_6&#8243;][vc_empty_space height=&#8221;60px&#8221; hide_on_desktop=&#8221;1&#8243; hide_on_notebook=&#8221;1&#8243; hide_on_tablet=&#8221;1&#8243; hide_on_mobile=&#8221;&#8221;][vc_empty_space height=&#8221;60px&#8221; hide_on_desktop=&#8221;&#8221; hide_on_notebook=&#8221;&#8221; hide_on_tablet=&#8221;&#8221; hide_on_mobile=&#8221;1&#8243;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Whether your business is a fresh start-up or a developing SME looking to scale growth, SC Mohan PAC offers a comprehensive support platform.<\/p>\n","protected":false},"author":7,"featured_media":3222,"parent":1395,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"rs_blank_template":"","rs_page_bg_color":"","slide_template_v7":"","inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-1580","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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