General questions

Presto Membership

Secretarial Service

  • What is a director and member? Can they be the same person?

    A member is also known as a shareholder, the legal owner of the share(s) held in the company. Directors are entrusted by the members and conferred with wide management powers to manage or oversee the affairs of a business. 

    Although the roles of a director and member are different, the positions can be held by the same or different persons.

  • Can a foreigner form a company as sole shareholder/director?
  • What will happen to a company if a single director who is also the single shareholder passed away?
  • What is a registered address/office?
  • Must a company secretary be appointed at the point of incorporation?
  • Can a director/member be the company secretary?
  • Why do I need a company secretary?
  • Do I need to update my company secretary if there are any changes in the particulars of the company, directors, and/or shareholders?
  • What can you show as proof of address?
  • Why do I need supporting documents to incorporate my company?
  • How long does it take to incorporate a company?

Accounting Service


The information in the FAQ is for general reference and information and does not constitute legal or professional advice. We shall not be held liable for any errors, omissions, loss, claim, or demand arising directly or indirectly from any use or reliance of the FAQ. We encourage you to seek professional advice to find out how any legislation and any other applicable laws would apply to you and your organization.

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