Before obtaining a common seal in Singapore, first, a company must have the business legally registered. Company registration in Singapore is not intricate and can be done quickly. For foreigners, company registration must be done with the help of a professional firm. After getting the approval e-mail stating that the company is registered, then this step is done.
After a company is registered, it needs to go through post-registration administration steps that need to be done in order for a company to fully operate in the country. One of the minor things that need to be done is acquiring a common seal. A company seal is a tool that marks a sheet of paper by embossing it with the company name or the logo. Originally, a company seal is used to authorize important documents so that they can be executed by the company for business purposes.
In order to get a common seal, a company can make the request to a company seal manufacturer. A company must provide the desired design of the company seal and have it discussed with the manufacturer. Often, the manufacturer can also make the design for companies. After both sides have agreed on a design, the making process can be commenced.
A company seal is firstly made using a laser cutter machine. The company name or logo will be engraved on a bronze plate with this laser cutter machine. The next step is to cool down the bronze plate for an hour. This cooling down process is very important in the making of a company seal so that the bronze plates are perfectly aligned without mistake. The final step in making a company seal is applying permanent adhesive on the cooled down bronze plate to attach it with the metal holders of the seal. With this, the company seal is complete.
It only takes a couple of working days to make a company seal. There are even manufacturers that can have it done within a day. Obviously, this will cost more than normal manufacture time.
Due to new laws that no longer require a company seal to authorize documents, the need for this tool has been reduced and its power has also watered down. A company seal now can be replaced by the signatures of a company director without a company seal. The director, however, can decide whether the company requires a seal to authorize a document or the signature is already enough.
Still, there is no harm in making a company seal. With a seal in each of the authorized document, a company can look more proper. A company seal can appeal better to the recipient of the document and whoever reads it because it can give off a more professional and propriety. A company seal also helps a company to ensure that the document that is executed is authentic. As signatures can easily be forged, a company seal is not very easy to fake. That’s why, a company seal needs to be kept somewhere safe to keep away people with malicious intent that may misuse the power and authority of a company seal to their own advantage.