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Director Remuneration Confirmation Letter
"I need a Director Remuneration Confirmation Letter for our newly appointed non-executive director in Singapore, confirming annual fees of SGD 50,000 with quarterly payments, plus additional committee fees and travel allowances, to be effective from March 1, 2025."
1. Letter Header: Company letterhead, date, and addressee details
2. Appointment Reference: Reference to director appointment and relevant board resolutions
3. Remuneration Details: Specific amounts, payment frequency, and components of remuneration
4. Payment Terms: Method and timing of payments
5. Tax Treatment: Confirmation of tax handling and responsibilities
6. Acknowledgment Request: Request for confirmation and acceptance
1. Additional Benefits: Details of any additional benefits or allowances, used when applicable
2. Performance Criteria: Any performance-related components of remuneration, if applicable
3. CPF Details: CPF contribution details if director is also an employee
1. Schedule of Payments: Detailed breakdown of payment structure and timing
2. Benefits Summary: Summary of additional benefits if applicable
3. Board Resolution Extract: Copy of relevant board resolution approving remuneration
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