Company Incorporation in GMC: Legal Advisory

A GMC company is light to form: one member, one director who is ordinarily resident, shares with no par value and capital in US dollars. What trips people up is the substance behind that, from the resident director and the GMC registered office to the empanelled service provider every filing now has to go through.

Advise on the right vehicle: a private company limited by shares, a company limited by guarantee or an unlimited company under the Companies Act 2025, or an LLP or limited partnership under the 2026 Acts.

Advise on whether a proposed company name meets the Registrar's refusal grounds under the Companies Act 2025.

Draft a bespoke constitution or adapt the prescribed model constitution, including share classes and entrenched provisions where founders need them.

Advise on the incorporation requirements of the Companies Act 2025, including the statutory declaration.

Advise on the Act's requirements for an "ordinarily resident" director, a GMC registered office and a GMC-resident secretary.

Advise on the initial share issue: shares have no par value and every "$" amount is in US dollars.

International founders establishing an operating or holding company in GMC. Groups placing a regional subsidiary in one of GMC's priority industries. Investors who need a GMC entity to hold a lease or a licence. Fund sponsors and family principals who will later seek a GFSO licence or tax approval.

Basnet Law Pte. Ltd. is a law firm. It is not a GMCA-empanelled corporate service provider (CSP).