{"id":45724,"date":"2024-01-28T12:19:43","date_gmt":"2024-01-28T04:19:43","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/?page_id=45724"},"modified":"2024-11-28T16:50:23","modified_gmt":"2024-11-28T08:50:23","slug":"company-limited-by-guarantee-in-singapore","status":"publish","type":"page","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/services\/business-setup\/company-limited-by-guarantee-in-singapore\/","title":{"rendered":"Company Limited by Guarantee in Singapore"},"content":{"rendered":"

Company Limited by Guarantee in Singapore \u2013 How to Set One Up<\/h2>\n

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Your Guide on How to Set Up a Company Limited by Guarantee<\/h3>\n

\"CompanyIf you\u2019re thinking of setting up a Company Limited by Guarantee in Singapore, then this guide is for you. Here is everything you need to know to help you get started.<\/p>\n

Please note that due to the preference of most of our clients on others type of business entities in Singapore<\/a>, we are no longer providing the services of setting up Company Limited by Guarantee to our clients. The followings are mainly for information purposes only.<\/p>\n

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Understanding What a Company Limited by Guarantee (CLG) Is<\/h3>\n

This form of business entity is ideal for non-profit organisations like charities who want to conduct business in the country. Like other business entities, a CLG is also registered under the Accounting and Corporate Regulatory Authority (ACRA)<\/a>. Since it is under ACRA, it has to comply with the Companies Act too. Usually, charitable and non-profit organisations who need more of a corporate status for the business.<\/p>\n

CLG companies are different compared to a Company Limited by Shares. Some differentiating factors include:<\/p>\n