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Business Articles Of Incorporation
"Need to draft Business Articles of Incorporation for a new technology startup in Singapore with three founding shareholders, including specific provisions for future funding rounds and employee share options to be implemented by March 2025."
1. Company Name and Registration: Official company name, registration number, and date of incorporation
2. Registered Office: Statement of the company's registered office address in Singapore
3. Business Objects: Principal activities, objectives, and powers of the company
4. Share Capital: Structure and details of company's share capital, including classes of shares and rights attached
5. Directors and Management: Powers, duties, and responsibilities of directors, including appointment and removal procedures
6. Shareholders' Rights and Obligations: Rights, responsibilities, and voting procedures for shareholders
7. Meetings: Procedures for general meetings, board meetings, and voting
8. Company Secretary: Requirements and duties of the company secretary
1. Pre-emptive Rights: Provisions giving existing shareholders first right to purchase new shares before they are offered to external parties
2. Share Transfer Restrictions: Specific limitations and procedures for transferring shares, particularly relevant for private companies
3. Dividend Policy: Specific rules and procedures for declaring and distributing dividends
4. Alternate Directors: Provisions for appointment of alternate directors during absence of primary directors
5. Electronic Communications: Provisions for conducting meetings and communications electronically
1. Schedule 1: Initial Shareholders: List of founding shareholders with their respective shareholdings and share classes
2. Schedule 2: Initial Directors: Details of first appointed directors including their particulars and residency status
3. Schedule 3: Share Certificate Template: Prescribed form for share certificates to be issued by the company
4. Schedule 4: Company Secretary Appointment: Details of the appointed company secretary including qualifications
5. Schedule 5: Corporate Seal: Design and usage rules for the company seal (if adopted)
Authors
ACRA
Articles
Board
Business Day
Chairman
Company
Company Secretary
Constitution
Director
Extraordinary General Meeting
Financial Year
General Meeting
Member
Office
Ordinary Resolution
Paid-up
Register of Members
Registered Office
Resolution
Seal
Secretary
Share
Share Capital
Shareholder
Special Resolution
Statutes
Subsidiary
Written or In Writing
Share Capital and Rights
Share Certificates
Lien on Shares
Transfer of Shares
Transmission of Shares
Forfeiture of Shares
Alteration of Capital
General Meetings
Notice of General Meetings
Proceedings at General Meetings
Votes of Members
Proxies
Directors and Officers
Powers and Duties of Directors
Directors' Meetings
Secretary
Dividends and Reserves
Capitalization of Profits
Financial Statements
Audit
Notices
Winding Up
Indemnity
Alteration of Articles
Corporate Representation
Electronic Communication
Share Issue and Allotment
Company Seal
Borrowing Powers
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