Company Seal or Common Seal Singapore

Traditional Way of Authenticating Documents

Company Seal Singapore

A Company Seal (also known as Corporate Seal and Common Seal) is an official seal used to certify something as true or legally issued by the Company. In the past, Company Seal is frequently used for protection against forgery. By attaching the Seal on the official document, it confirms that the document is truly endorsed by the Company. Nowadays, Company Seal is hardly used. They are only used in Share Certificates, the First Ordinary Resolution and some contractual documents.

company seal corporate seal

Is it Mandatory for a Company to have a Company Seal?

Based on Companies Act (Section 123) and ACRA’s regulation, it appears that the Company Seal is still required under the Law (as at Sep 2016). ACRA has not specifically informed that the Company can do away with the Seal or can replace it by Company’s Inked Stamp. There is still a requirement for the Company Seal to be used as a mark of authenticity and identity for a Company till ACRA clarifies further on this. There is a proposed amendment to do away with Company Seal in Year 2017. While we are pending the confirmation of the proposed amendment, it will not cost you much to have the Seal. It is much cheaper than incorporating a Company.

Some organizations or government agencies may request for the Company Seal to be affixed to some contracts or lease agreements. As such, you should maintain the Common Seal just in case you need it for certain contracts and to comply with the Company’s Act.

Authentication - Company Seal

Special Price for Company Seal or Corporate Seal

If you need a Company Seal, you can buy it from us at special price of SGD50 per Seal. If you engage us for Company Registration and Corporate Secretarial Services, a further discount on the Company Seal will be given to you.

Financial Accounting and Manage-ment Accounting Services

It is important to have well-trained bookkeeper to record the transactions appropriately before any financial reports are generated. Let us help you with bookkeeping and accounting functions so that you will not be distracted by the back-end work.

Cloud Accounting Software like Xero and Quickbooks has simplified the process of bookkeeping and financial reporting. After registering for your business with ACRA, it is time to consider if you should subscribe to a paid accounting software or a free accounting software like Wave Accounting.

Corporate, Individual and Goods and Services Tax

After every financial or calendar year, it's time to prepare for your tax filing with IRAS. Let our corporate tax, individual tax and GST specialists guide you with your tax return filing or prepare your tax return for you.

Source for Funds

Having sufficient funds to propel your business to the next level can sometimes be challenging. Let us help take care of the sourcing of funds or additional capital for your business.

source for funds
business sale and acquisition

Sale and Acquisition of Business

Selling your business to cash out or acquiring business to expand. We have a ready pool of businesses awaiting acquisition and sale.

Common Seal and other Accounting Service

Contact us via the contact form to discuss any possible accounting support you need.

Discussion on Company Seal over a cup of coffee