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Setting Up and Running A Business is a Program

Setting Up and Running A Business

Self-paced

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Full program description

Setting Up and Running A Business

Course Overview

The course aims to provide an overview on how you could protect yourself and get a fundamental understanding of formation of companies. You will learn how to set up and conduct your businesses effectively within the regulations that govern companies and their administration.

The focus of the course is to introduce participants to the Companies Act and its practical application for Company Secretaries.

It is primarily targeted at freelancers who manage their own business and involved in decision making and running of their respective companies.

Course Duration

Duration: 1 day

Min Class Size: 12

Maximum Class Size: 24

Course Outline

Types of Business Organizations

  • Companies
  • Sole proprietor
  • Partnerships
  • Limited liability

Incorporation of Companies

  • Pre-incorporation
  • Memorandum and articles of association
  • Advantages of formation of companies

Shares and Membership

  • Shareholders rights
  • Maintenance of capital

Management and Administration

  • Annual general meetings
  • Extraordinary general meetings
  • Directors duties & liabilities
  • Company administration & company secretary

  • Annual returns & financial accounts

Corporate & Personal Insolvency

  • Winding up / liquidation of companies
  • Judicial management
  • Debt recovery procedures

Mode of Assessment

  • 10 to 20 questions quiz

  • One-Minute Paper: Answer a brief question in writing

Course Objectives

This course will equip you with practical, working knowledge of the company law principles that are required to enable you to manage a company. Upon completion of the training, participants will be able to explain the differences between different types of business vehicles and when each type is used, and the duties and legal responsibilities of directors. This course also discusses the manner in which companies are governed, the rights of shareholders, how companies raise capital, as well as the various ways companies can be closed.

Price

S$ 200 per pax, before GST