Singapore Expats Forum

Company stamp question

Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
User avatar
aster
Manager
Manager
Posts: 1593
Joined: Fri, 15 Jan 2010

Company stamp question

Postby aster » Sun, 06 Feb 2011 2:29 am

Can a company have a couple different stamps?

If there's one in the office that has been used since the start, can the company director go and make another stamp for himself just for convenience?

User avatar
Mad Scientist
Director
Director
Posts: 3447
Joined: Thu, 03 Dec 2009
Location: TIMBUKTU

Postby Mad Scientist » Sun, 06 Feb 2011 6:58 am

No, you cannot have more than two stamps. Once the formation of a PTE LTD is completed. The Company stamps which is embossed in nature will be made. It will be kept either at your office or usually with the company secretary. Usually it will be with the latter for safe keeping.
The company stamp is meant literally "signed, sealed and stamped" when you have close a government contracts or for the purpose of official docs. It is a legal item which must be kept is safe place
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 34262
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Sun, 06 Feb 2011 11:30 am

I am not sure which stamp you are talking about. The embossing stamp, correct, only one (generally only used on government documents & share certificates) or the company stamp (ink) normally used in business (commonly referred to as a company chop.

You can have a many company chops (as long as they all are identical) as you want. You need as many as your organization has senior staff who are authorized to sign on behalf of the company. You also need the ability to replace said stamps as & when they need to be replaced. Especially so if using the self inking kind.

User avatar
aster
Manager
Manager
Posts: 1593
Joined: Fri, 15 Jan 2010

Postby aster » Mon, 07 Feb 2011 6:22 am

I don't so much mean the official company "seal" (embossing-type) as just a rubber stamp with the company name, address, #, etc. The self-inking type as SMS suggested.

As a company director can I make myself an additional one of these? I was also thinking of changing the design so that the name of the company is actually written in the font of the company logo.

User avatar
Mad Scientist
Director
Director
Posts: 3447
Joined: Thu, 03 Dec 2009
Location: TIMBUKTU

Postby Mad Scientist » Mon, 07 Feb 2011 6:29 am

Ok my bad, I thought of the legal one.

On your question, you can make as many as you like, no issue at all. To change the logo too will not be ap problem
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

Godmode
Member
Member
Posts: 41
Joined: Wed, 01 Feb 2006

Postby Godmode » Wed, 09 Feb 2011 3:11 am

with regards to the company stamp, how does this affect sole-props?

If i have a sole-prop business, can i issue a check by just using a company chop on the check and without my signature?

User avatar
Mad Scientist
Director
Director
Posts: 3447
Joined: Thu, 03 Dec 2009
Location: TIMBUKTU

Postby Mad Scientist » Wed, 09 Feb 2011 3:39 am

Godmode wrote:with regards to the company stamp, how does this affect sole-props?

If i have a sole-prop business, can i issue a check by just using a company chop on the check and without my signature?


When you applied for cheque books from the bank, they will asked you to stamp your company chop on the application of cheque books and signed your signature too. The cheque book and your signature signed and stamp on the bank copy will be entered into the bank database as a doc. to prevent fraudulent use
So.... You need to stamp on the cheque and signed on it or else it will not be good for use if these two criteria are not met
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

pacads
Newbie
Newbie
Posts: 13
Joined: Sun, 23 Jan 2011
Location: Singapore
Contact:

Postby pacads » Thu, 10 Feb 2011 1:51 am

You can have as many as you want. It is not a problem. Just imagine I have 5 offices and only 1 company stamp, it doesn't make sense.

User avatar
Mad Scientist
Director
Director
Posts: 3447
Joined: Thu, 03 Dec 2009
Location: TIMBUKTU

Postby Mad Scientist » Thu, 10 Feb 2011 3:52 am

pacads wrote:You can have as many as you want. It is not a problem. Just imagine I have 5 offices and only 1 company stamp, it doesn't make sense.


Did you read my earlier post or are you being a parrot ?
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 34262
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Thu, 10 Feb 2011 6:51 am

He's only trying to get posts so people will see his signature link. The problem is, the silly parrot posts tend to make people wonder if that's the way he does business. If it is, most would tend to stay away from it. I know I would. :roll:

User avatar
aster
Manager
Manager
Posts: 1593
Joined: Fri, 15 Jan 2010

Postby aster » Fri, 11 Feb 2011 1:57 am

Regarding the stamp, would it be ok to put my details there as comp. dir.? So it would sort of be a "personalised" company stamp? As mentioned this is just a rubber stamp, though ink stamps are also used by my company for signing & stamping MOM docs for EP/DPs, etc.

User avatar
Mad Scientist
Director
Director
Posts: 3447
Joined: Thu, 03 Dec 2009
Location: TIMBUKTU

Postby Mad Scientist » Fri, 11 Feb 2011 4:35 am

aster wrote:Regarding the stamp, would it be ok to put my details there as comp. dir.? So it would sort of be a "personalised" company stamp? As mentioned this is just a rubber stamp, though ink stamps are also used by my company for signing & stamping MOM docs for EP/DPs, etc.


You can put anything you like as long as it is NOT vulgar in nature. Remember that stamp is like your Personalised Plate, it will be a legal doc representing your company. You cannot just change ever so often as you need to inform the banks, your company secretary as it is meant to legalised signed document too.
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

pacads
Newbie
Newbie
Posts: 13
Joined: Sun, 23 Jan 2011
Location: Singapore
Contact:

Postby pacads » Mon, 14 Feb 2011 4:56 pm

Mad Scientist wrote:
pacads wrote:You can have as many as you want. It is not a problem. Just imagine I have 5 offices and only 1 company stamp, it doesn't make sense.


Did you read my earlier post or are you being a parrot ?


I didn't read all your post but I read you that you cannot differeniate between a company stamp and a common seal and you didn't know what you are talking about so I did not follow your comments. I also read quite a number of replies that makes no sense, that's why I replied. It's a very simple question and what he has got is some very complicated answers or even more questions to his question.

FYI, there is also no hard and fast rule about common seal, you can have more than 1 and this is a fact.

There is no such thing as company "chop" and there is no regulation that says all company stamps need to be indentical.

It's all very funny answers to me and it makes me wonder why are people sharing wrong information.
Last edited by pacads on Mon, 14 Feb 2011 5:34 pm, edited 1 time in total.

pacads
Newbie
Newbie
Posts: 13
Joined: Sun, 23 Jan 2011
Location: Singapore
Contact:

Postby pacads » Mon, 14 Feb 2011 5:30 pm

Mad Scientist wrote:
Godmode wrote:with regards to the company stamp, how does this affect sole-props?

If i have a sole-prop business, can i issue a check by just using a company chop on the check and without my signature?


When you applied for cheque books from the bank, they will asked you to stamp your company chop on the application of cheque books and signed your signature too. The cheque book and your signature signed and stamp on the bank copy will be entered into the bank database as a doc. to prevent fraudulent use
So.... You need to stamp on the cheque and signed on it or else it will not be good for use if these two criteria are not met


Since when you are required to stamp on cheques? Are you very sure about this?

User avatar
Mad Scientist
Director
Director
Posts: 3447
Joined: Thu, 03 Dec 2009
Location: TIMBUKTU

Postby Mad Scientist » Mon, 14 Feb 2011 5:42 pm

pacads wrote:Since when you are required to stamp on cheques? Are you very sure about this?


Since the day I was born and when did my business over 15 years. Are you sure about question ?
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!


  • Similar Topics
    Replies
    Views
    Last post

Return to “Business in Singapore”

Who is online

Users browsing this forum: No registered users and 0 guests