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Frequently Asked Questions
How long does it take to incorporate a company in Singapore?
Most private limited companies can be incorporated within 1–2 business days if all documents are ready.
Can a foreigner own 100% of a Singapore company?
Yes. Foreigners can fully own a Singapore-registered company and appoint a local director to meet legal requirements.
Do I need a corporate secretary?
Yes. It is mandatory to appoint a qualified company secretary within 6 months of incorporation.
What is the minimum capital to start a business?
You can start a private limited company with just SGD 1 in paid-up capital.
Why should I get a contract reviewed by a lawyer?
Even standard agreements can contain hidden liabilities. Legal review ensures you’re not exposed to unfair or unenforceable terms.
Can I use a contract template for my business?
Templates are risky if not adapted to your specific situation. A lawyer can ensure proper legal coverage.
How long does it take to draft or review a contract?
Most reviews or drafts are completed within 2–5 business days, depending on complexity.
What if I need help negotiating a contract?
We offer full support including advice on negotiation strategy and assistance in discussions.
Do I need to go to court to resolve a contract dispute?
Not always. Many disputes can be resolved through negotiation or mediation before escalating to court.
What if the other party refuses to perform the contract?
You may be entitled to claim damages, terminate the contract, or seek an injunction. Legal advice is essential.