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Articles Of Incorporation Association Template for Singapore

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Key Requirements PROMPT example:

Articles Of Incorporation Association

"I need Articles of Incorporation Association for a new Singapore-based technology startup with three founding members, planning to issue preferred shares to investors and including specific provisions for future employee stock options."

Document background
Articles of Incorporation Association are essential when establishing a new company in Singapore. This document is required by the Companies Act and must be filed with ACRA during company registration. It defines the company's purpose, structure, and operational framework, including share capital arrangements, directors' powers, and shareholder rights. The Articles serve as the company's constitution and are legally binding on the company and its members. They must comply with Singapore's regulatory requirements and can be modified through special resolution procedures.
Suggested Sections

1. Name and Interpretation: Company name, registered office, and definitions of terms used in the articles

2. Objects: The purposes for which the company is established

3. Liability: Statement of limited liability of members

4. Share Capital: Details of share structure, classes of shares, and rights attached

5. Members: Rights, obligations and procedures relating to membership

6. Directors: Appointment, removal, powers and duties of directors

7. Meetings: Procedures for general meetings and board meetings

8. Company Secretary: Appointment and duties of company secretary

Optional Sections

1. Share Transfer Restrictions: Special provisions for private companies wanting to control share transfers between members and to third parties

2. Dividend Policy: Specific rules and procedures for determining and distributing dividends

3. Alternate Directors: Provisions governing the appointment and powers of alternate directors

Suggested Schedules

1. Initial Subscribers: List of founding members and their initial shareholdings

2. Share Rights: Detailed rights attached to different share classes

3. Directors' Powers: Detailed list of specific powers granted to directors

4. Meeting Procedures: Detailed procedures for conducting meetings

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Industries

Companies Act (Cap. 50): Primary legislation governing company incorporation in Singapore, including Section 23 on company constitution requirements, Section 22 on company registration requirements, and Third Schedule (Model Constitution)

Securities and Futures Act (Cap. 289): Regulatory framework for companies planning to issue securities in Singapore

ACRA Guidelines: Accounting and Corporate Regulatory Authority's requirements for company incorporation, including filing requirements and procedures

Business Names Registration Act 2014: Legislation governing the requirements and procedures for business name registration in Singapore

Personal Data Protection Act 2012: Law regulating the handling and protection of personal data of directors, shareholders, and other stakeholders

Corporate Governance Regulations: Regulatory framework specifically applicable to public companies in Singapore

Share Structure Requirements: Legal requirements regarding share capital structure, classes of shares, and rights attached to shares

Directors' Duties: Statutory and fiduciary duties of directors under Singapore law, including powers and responsibilities

Shareholders' Rights: Legal framework governing shareholders' rights, including voting rights and dividend entitlements

Company Secretary Requirements: Statutory requirements for appointment and qualifications of company secretary

Registered Office Requirements: Legal requirements for maintaining a registered office in Singapore

Meeting Procedures: Statutory requirements for conducting shareholders' and directors' meetings

Winding Up Procedures: Legal framework and requirements for company dissolution and winding up

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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