Company Seal Makers in Singapore
What is Company Seal?
A company seal (sometimes referred to as the corporate seal or common seal) is an official seal used by a company. Company seals were predominantly used by companies in common law jurisdictions, although in modern times, most countries have done away with the use of seals.
With effect from 31 March 2017, Singapore companies and limited liability partnerships (LLPs) are no longer required to use the common seal in the execution of documents as a deed, or other documents such as share certificates. Companies and LLPs can execute documents by having them signed by the Authorised persons of the companies or LLPs as follows:
Authorised persons for companies
- A director and the secretary of a company; or
- Two directors of a company; or
- A director of a company in the presence of a witness who attests the signature
Authorised persons for LLPs
- Two partners of an LLP; or
- A partner of an LLP in the presence of a witness who attests the signature.
For existing companies that wish to do away with the use of its common seal, the Constitution of the Company will have to be amended to remove the requirement to use the common seal.