Corporate Resolution Form For LLC for Singapore

Corporate Resolution Form For LLC Template for Singapore

A Corporate Resolution Form for LLC in Singapore is a formal document that records decisions made by an LLC's members or management. It serves as an official record of corporate actions and decisions, complying with Singapore's Companies Act and ACRA requirements. The document formalizes important company decisions such as opening bank accounts, authorizing transactions, appointing officers, or making significant business changes. It must meet specific legal requirements under Singapore law and often requires proper certification by authorized company officers.

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What is a Corporate Resolution Form For LLC?

The Corporate Resolution Form For LLC is a crucial governance document used in Singapore when an LLC needs to document important company decisions. It's required whenever significant corporate actions are taken, such as changing bank signatories, approving major transactions, or modifying company structure. The document must comply with Singapore's Companies Act and ACRA regulations, typically requiring proper certification and maintaining specific formatting and content requirements. It serves as official evidence of company decisions and is often requested by banks, government agencies, or business partners as proof of authorization.

What sections should be included in a Corporate Resolution Form For LLC?

1. Title and Date: Identifying information of the LLC and date of resolution

2. Introduction: States the company name, registration number, and meeting details

3. Attendance: Lists present members/directors and confirms quorum

4. Resolutions: Details of the specific decisions being made

5. Certification: Authentication by authorized signatories

What sections are optional to include in a Corporate Resolution Form For LLC?

1. Recitals: Background information explaining why the resolution is needed - used for complex decisions requiring context

2. Voting Results: Detailed breakdown of votes - used when voting record is important or required

3. Dissenting Opinions: Record of any opposing views - used when there are significant disagreements

What schedules should be included in a Corporate Resolution Form For LLC?

1. Supporting Documents: Any relevant documents referenced in the resolution

2. Financial Statements: When resolution involves financial matters

3. Power of Attorney: If delegation of authority is involved

4. Corporate Documents: Relevant certificates, licenses, or permits

Authors

Alex Denne

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

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Board Resolution

Cost

Free to use
Industries

Companies Act (Cap. 50): Primary legislation governing companies in Singapore, including sections on corporate decision-making, documentation, and requirements for company resolutions

Limited Liability Partnerships Act: While primarily focused on LLPs, contains relevant principles that may apply to LLCs in terms of partnership structure and governance

Business Names Registration Act 2014: Legislation governing business name registration and changes, relevant for corporate identity matters in resolutions

Securities and Futures Act: Regulatory framework for securities and financial instruments, applicable if resolution involves financial securities or related matters

ACRA Requirements: Accounting and Corporate Regulatory Authority guidelines covering filing requirements, corporate governance, and compliance obligations

Singapore Corporate Governance Code: Framework outlining best practices for corporate governance, including decision-making procedures and documentation standards

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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