Setting up a company can be costly, especially for many bootstrapped founders. Of course, you are trying to save money and all, and that’s understandable. Bootstrapped founders do this by buying a shelf company or ‘off the rack’ shell company offered by corporate secretarial firms which I don’t think is a good idea. Let me…
What Malaysian startups should know before setting up a company in Singapore
I get asked by so many aspiring founders and entrepreneurs what they should know before setting up a company in Singapore. The usual place that gets named all the time in South East Asia is Singapore of course. Known as the ‘Switzerland of Asia’ it is the place to be serious about growing a unicorn…
What is a letter of intent and how can it help my startup?
If you are an entrepreneur, letter of intent (or LOI) is one of the things that you should know that can be useful for your company’s business dealings. How does it work? An LOI is a type of letter drafted by a party that relates to commercial dealing. The transaction can be broadly defined as…
Why do you need a good company secretary for your startup?
Speed is so important for startups. Of course, it’s not the only thing that is important in a startup journey but it is one of the things that you need to have if you want to be on top of the game against to your competitors. New startup entrepeneur vs seasoned entrepreneur As a startup…
How and when to appoint an adviser for your startup
In my experience as a startup lawyer, I have seen how a startup can grow faster with a good advisor onboard. An advisor can serve as a strategic resource to help you guide your business especially when you’re just starting out as an early stage company. Difference between an advisory board or a formal board…