{"id":1377,"date":"2019-08-30T14:59:52","date_gmt":"2019-08-30T06:59:52","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/?page_id=1377"},"modified":"2019-09-11T12:12:54","modified_gmt":"2019-09-11T04:12:54","slug":"local-public-company","status":"publish","type":"page","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/local-public-company\/","title":{"rendered":"Local Public Company"},"content":{"rendered":"<p>[vc_row][vc_column][vc_single_image image=&#8221;1107&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221;][vc_custom_heading text=&#8221;Local Public Company&#8221; font_container=&#8221;tag:h1|font_size:36|text_align:left|line_height:1.3&#8243; use_theme_fonts=&#8221;yes&#8221;]<div class=\"ult-spacer spacer-6aaad96facf81\" data-id=\"6aaad96facf81\" data-height=\"10\" data-height-mobile=\"10\" data-height-tab=\"10\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[vc_column_text]There are 2 types of public company in Singapore:<\/p>\n<ul>\n<li>Public Company Limited by Shares<\/li>\n<li>Public Company Limited by Guarantee<\/li>\n<\/ul>\n<p>[\/vc_column_text]<div class=\"ult-spacer spacer-6aaad96facf99\" data-id=\"6aaad96facf99\" data-height=\"20\" data-height-mobile=\"20\" data-height-tab=\"20\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading text=&#8221;Public Company Limited by Shares&#8221; font_container=&#8221;tag:h2|font_size:24|text_align:left|line_height:1.3&#8243; google_fonts=&#8221;font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<div class=\"ult-spacer spacer-6aaad96facfa4\" data-id=\"6aaad96facfa4\" data-height=\"10\" data-height-mobile=\"10\" data-height-tab=\"10\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[vc_column_text]Public company limited by shares is a limited liability company (LLC) that holds the following features:<\/p>\n<ul>\n<li>Meant for large businesses<\/li>\n<li>Can expand to more than 50 shareholders.<\/li>\n<li>Shareholders hold limited liability.<\/li>\n<li>Can raise capital by offering shares or debentures to the general public.<\/li>\n<li>Shares limit is based according to the Singapore Companies Act.<\/li>\n<\/ul>\n<p>This LLC can be listed on a stock exchange (referred to as \u201clisted companies\u201d) but will require registering a prospectus with the Monetary Authority of Singapore (MAS) before any public offering or debentures.[\/vc_column_text]<div class=\"ult-spacer spacer-6aaad96facfae\" data-id=\"6aaad96facfae\" data-height=\"20\" data-height-mobile=\"20\" data-height-tab=\"20\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading text=&#8221;Public Company Limited by Guarantee&#8221; font_container=&#8221;tag:h2|font_size:24|text_align:left|line_height:1.3&#8243; google_fonts=&#8221;font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<div class=\"ult-spacer spacer-6aaad96facfb8\" data-id=\"6aaad96facfb8\" data-height=\"10\" data-height-mobile=\"10\" data-height-tab=\"10\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[vc_column_text]Public company limited by guarantee is a limited liability company (LLC) that holds the following features:<\/p>\n<ul>\n<li>Usually formed for non-profit national or public interests such as promotion of art or charity.<\/li>\n<li>Contains members instead of shareholders.<\/li>\n<li>Members are not required to pay any capital.<\/li>\n<li>Members\u2019 liability is limited to the amount they agreed to contribute (as stated in the Memorandum of Association) in the event of the company\u2019s winding up.<\/li>\n<\/ul>\n<p>[\/vc_column_text]<div class=\"ult-spacer spacer-6aaad96facfc2\" data-id=\"6aaad96facfc2\" data-height=\"20\" data-height-mobile=\"20\" data-height-tab=\"20\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading text=&#8221;Registering a Singapore Public Limited Company&#8221; font_container=&#8221;tag:h2|font_size:24|text_align:left|line_height:1.3&#8243; google_fonts=&#8221;font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<div class=\"ult-spacer spacer-6aaad96facfcb\" data-id=\"6aaad96facfcb\" data-height=\"10\" data-height-mobile=\"10\" data-height-tab=\"10\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[vc_column_text]Registering a public limited company carries the same procedures as registering a <a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/private-limited-company\/\">private limited company<\/a>. The procedures are as follows:<\/p>\n<ol>\n<li>Choosing a company name;<\/li>\n<li>Preparing the memorandum and articles of association;<\/li>\n<li>Filing the required documents with Accounting and Corporate Regulatory Authority (ACRA);<\/li>\n<li>Registering for <a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/goods-services-tax-gst-filing-services\/\">GST<\/a> and <a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/corporate-tax-filing\/\">taxation<\/a>;<\/li>\n<li>Registering for social security purposes.<\/li>\n<\/ol>\n<p>[\/vc_column_text]<div class=\"ult-spacer spacer-6aaad96facfd3\" data-id=\"6aaad96facfd3\" data-height=\"20\" data-height-mobile=\"20\" data-height-tab=\"20\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading text=&#8221;How Timcole can Help You&#8221; font_container=&#8221;tag:h2|font_size:24|text_align:left|line_height:1.3&#8243; google_fonts=&#8221;font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<div class=\"ult-spacer spacer-6aaad96facfde\" data-id=\"6aaad96facfde\" data-height=\"10\" data-height-mobile=\"10\" data-height-tab=\"10\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[vc_column_text]It is necessary for foreign citizens seeking to start up a public company in Singapore to appoint a local agent to assist in the registration process.\u00a0<strong>Timcole<\/strong> has years of experience handling the registration procedures for public and private limited companies.<\/p>\n<p><strong>Timcole<\/strong>\u00a0is one of the leading company incorporation and accounting firm based in Singapore. Our wide range of professional services serve as a one-stop solution for your business, offering you the most affordable price for services conducted with the highest level of excellency.<\/p>\n<p><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/contact-us\/\">Contact us to find out more<\/a>\u00a0on how we can help you with your company today.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_single_image image=&#8221;1107&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221;][vc_custom_heading text=&#8221;Local Public Company&#8221; font_container=&#8221;tag:h1|font_size:36|text_align:left|line_height:1.3&#8243; use_theme_fonts=&#8221;yes&#8221;][vc_column_text]There are 2 types of public company in Singapore: Public Company Limited by Shares Public Company Limited by Guarantee [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading text=&#8221;Public Company Limited by Shares&#8221; font_container=&#8221;tag:h2|font_size:24|text_align:left|line_height:1.3&#8243; google_fonts=&#8221;font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;][vc_column_text]Public company limited by shares is a limited liability company (LLC) that holds the following features: Meant for large businesses Can&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1107,"parent":0,"menu_order":56,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/wp-json\/wp\/v2\/pages\/1377"}],"collection":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/wp-json\/wp\/v2\/comments?post=1377"}],"version-history":[{"count":5,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/wp-json\/wp\/v2\/pages\/1377\/revisions"}],"predecessor-version":[{"id":1880,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/wp-json\/wp\/v2\/pages\/1377\/revisions\/1880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/wp-json\/wp\/v2\/media\/1107"}],"wp:attachment":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/timcole.com.sg\/wp-json\/wp\/v2\/media?parent=1377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}