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Articles Of Incorporation Of A General Stock Corporation

Articles Of Incorporation Of A General Stock Corporation Template for Singapore

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Articles Of Incorporation Of A General Stock Corporation

"I need Articles of Incorporation of a General Stock Corporation for a Singapore-based technology startup with two share classes (ordinary and preferred), planning to issue shares to venture capital investors by March 2025."

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What is a Articles Of Incorporation Of A General Stock Corporation?

Articles of Incorporation of a General Stock Corporation are required when establishing a new corporation in Singapore. This document serves as the company's constitutional document and must be filed with ACRA to legally form the corporation. It outlines the company's share structure, management framework, and operational procedures. The document must comply with Singapore's Companies Act 1967 and typically includes provisions for share capital, shareholder rights, board composition, and corporate governance. It forms the foundation for all future corporate actions and decisions.

What sections should be included in a Articles Of Incorporation Of A General Stock Corporation?

1. Article 1: Name and General Matters: Company name, registered office, and purpose

2. Article 2: Share Capital and Rights: Authorized share capital, classes of shares, and share rights

3. Article 3: Shareholders: Shareholder rights, meetings, and voting procedures

4. Article 4: Directors and Officers: Board composition, powers, duties, and meetings

5. Article 5: Corporate Records: Requirements for maintaining corporate records

6. Article 6: Dividends and Finances: Dividend policies and financial management

What sections are optional to include in a Articles Of Incorporation Of A General Stock Corporation?

1. Article 7: Special Share Rights: Additional provisions for multiple share classes with different rights. Used when company has multiple share classes

2. Article 8: Share Transfer Restrictions: Specific restrictions on share transfers. Used when company wants to control share transfers

3. Article 9: Pre-emptive Rights: Rights of existing shareholders in new share issues. Used when protecting existing shareholders' interests

What schedules should be included in a Articles Of Incorporation Of A General Stock Corporation?

1. Schedule 1: Initial Subscribers: Details of founding shareholders and initial share allocation

2. Schedule 2: Share Certificate Form: Template for share certificates

3. Schedule 3: Board Resolutions: Initial board resolutions for company operation

4. Appendix A: Company Seal: Design and usage rules for company seal

Authors

Alex Denne

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

alex.den.21@genieai.co
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Industries

Companies Act 1967 (2020 Revised Edition): Primary legislation governing company incorporation and operations in Singapore, containing essential provisions for company formation, share structure, and corporate governance requirements

Companies (Model Constitutions) Regulations 2015: Secondary legislation providing template constitutions and regulatory frameworks for both private and public companies in Singapore

Securities and Futures Act (SFA): Legislation governing securities issuance and trading, crucial for companies planning to issue shares or pursue public listing

ACRA Guidelines: Regulatory guidelines issued by the Accounting and Corporate Regulatory Authority, detailing specific requirements for company incorporation and compliance

MAS Regulations: Regulatory framework from the Monetary Authority of Singapore, particularly relevant for companies involved in financial services

Employment Act: Legislation governing employment relationships and worker rights, necessary for establishing employment policies in the corporation

Personal Data Protection Act: Legislation governing the collection, use, and disclosure of personal data, important for corporate data handling policies

Corporate Tax Regulations: Tax framework governing corporate taxation in Singapore, essential for financial planning and compliance

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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