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January 2020

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Brief Questions and Explanations About a Common Seal

by Carlos Sim January 14, 2020
written by Carlos Sim

A common seal is a tool that is often found and used in the office. Basically, the way a common seal works is by pressing two plates against the front and backside of a paper to leave an embossed imprint onto the surface. Usually, people design a common seal with the logo of their company. A common seal is important because it can confirm the authenticity of a document and approves it for release. It represents the company’s decisions. That’s why, the uses of a common seal can not be taken lightly. Not only the use, but also the designing process.

Simply putting it, a common seal means the official signature of a company or organization. It used to be mandatory for the process of authentication and authorization of a document before it gets released or issued by the company. However, over the past few years, some countries have stated that it is no longer mandatory. Despite so, many business professionals still regard it as proper to leave the imprint of a company logo on the letters or documents that are to be exuded by the company. Thus, a common seal remains as something that is quite highly demanded by many small to large companies.

What is it used?

As briefly mentioned before, it is important for the purpose of correspondence, mostly. A document will be regarded as official and genuine if they can show the logo of the company imprinted on the paper. A common seal can help do this in an elegant way because it leaves an embossed imprint. Even though many countries no longer think a common seal is important, some others still do. It is important to make sure that your documents can be regarded legal overseas as well especially if you’re working with a company from a country that still requires a common seal for business uses. You have to always be prepared and make one from now on. Surely, you don’t want to let a good opportunity slip. So you always have to be able to provide your professionalism whenever possible.

How to get a common seal?

Before you proceed to actually find a place to manufacture a common seal, you have to first make sure that your business is registered with the government. If not, then you should register it according to the steps. After getting registered, you will receive a registration number. This number is very important because it needs to be present in the design of the common seal. You can design your common seal any way you want, as long as it is still proper. All you have to do next is hand in your design to a common seal manufacturer. Normally, a common seal can be made within several working days. Some places even offer the service of one day common seal production. This is good if you’re in a hurry, but bad at the same time because it tends to cost a lot.

January 14, 2020 0 comment
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FeaturedGuide & TipsStart

Simple Procedure for Company Incorporation in Singapore

by Nathan Lee January 10, 2020
written by Nathan Lee

Singapore is one of the popular remote business places in the world. The people prefer Singapore to start their new business or expand their existing one. Registering the company is easy and hassle-free. Singapore ranked as top places on the planet for doing the business. The economic level of the country is excellent, so you can start the business and operate them smoothly. The individual’s age should be at least 18 years old to start the business.

Guide to register the business in Singapore 

Are you looking to register the company in a metropolitan city? Need to start a new business in Singapore? Well, you are landed in the right destination. Here you can get tips on registering the company in the country. People will be comforted to know that the company incorporation in Singapore is fully computerized. The agency should submit the application form within one hour. The registrar incorporates the business on a similar day. The people can reserve the name of the company and register the organization at once. Below are a few steps to register the company in Singapore. 

  • Reserve name of the company 

Singapore Government should approve the business name before they can register it in the country. The registrar of the company will oversee the procedure of incorporation. The agency will fill the necessary application form and submit it with the required documents. The company registrar must notify the decision immediately. Particular words will show the procedure like the bank, finance, law, media, and much more. If anyone uses these kinds of words, then Government authority will get involved that may delay the incorporation process by weeks. Once you have reserved the company name successfully, you can register the firm efficiently.

  • Register the business 

After the company registrar approves the name of the business, the experts will process the application form and documents on the same day. The accounting will check all the materials, and company shareholders, as well as director, should have signed the forms correctly. The individuals from particular countries may find their application form delayed. The government authority will want to carry out the new interviews. The business owners should pay the company registrar for their service. The service fee also includes in the Singapore company incorporation package offered by the agency. Once you have registered the company, you can operate the business successfully. 

What are the documents required for company incorporation 

Starting the business in Singapore can be a necessary process. For the company incorporation in Singapore, you will need essential information and document related to the company. The following are vital documents and details required to register the company:

  • Name of the company 
  • Number of the shareholder details 
  • The registered address of the company 
  • Company secretary details 
  • Business activities description 
  • Memorandum and Articles of Association 

At the time of registering the company in Singapore, you need to have the document as mentioned above and information that helps you to complete the incorporation process quickly. 

January 10, 2020 0 comment
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  • Brief Questions and Explanations About a Common Seal

    January 14, 2020

Guides & Tips

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