Registered Office Address
You must provide a registered office address when you incorporate a VCC. A registered office address refers to the place where all communications and notices to the VCC are addressed to, and the place where the VCC’s register and records are kept.
A registered office must be operational and accessible to the public during normal office hours, but need not be where the VCC conducts its activities (e.g. the registered office address may be in Raffles Place but the trading room could be located in Tuas).
Constitution
The constitution is a legal document that:
• Describes the key characteristics of the VCC;
• Contains the rules and regulations for its governance;
• Describes how its operations will be carried out; and
• States the rights and responsibilities of the directors, shareholders and company secretary.
The applicant must attach a copy of the constitution during incorporation / registration. The constitution document lodged with the Registrar will not be available to members of public but must be disclosed to public authorities upon request for supervisory and law enforcement purposes.
You may refer to the VCC model constitutions on SAL’s Singapore Law Watch website at https://www.singaporelawwatch.sg/About-Singapore-Law/VCC-Model-Constitutions for reference. Alternatively, the applicant can submit a customised constitution. For any queries on the model constitutions, please send them to singaporelaw@sal.org.sg.