Singapore legislation
Section 135
Section 135
Registration
(1)
Subject to section 136, upon compliance by the foreign corporate entity with section 134, the Registrar may, if he or she thinks fit, register the foreign corporate entity as a VCC by registering its constitution.
(2)
The registration of the foreign corporate entity is subject to such conditions that the Registrar may impose.
(3)
Upon registration of the foreign corporate entity, the Registrar must issue a notice of transfer of registration in the prescribed form stating that the entity is, on and starting on the date specified in the notice —
registered by way of transfer of registration under this Act; and
a VCC.
(4)
A certificate of confirmation of registration must be issued by the Registrar upon the application of the VCC.
(5)
A notice of transfer of registration issued under subsection (3), and a certificate of confirmation of registration issued under subsection (4), is each conclusive evidence —
that the foreign corporate entity is registered under this section; and
of the date of the VCC’s registration.
(6)
A foreign corporate entity registered under this section must, within 60 days after the issue of the notice of transfer of registration under subsection (3), or such further period as may be extended under subsection (7), submit to the Registrar a document evidencing that the foreign corporate entity has been de-registered in its place of incorporation.
(7)
The Registrar may, on the application of the foreign corporate entity registered under this section, extend the 60‑day period mentioned in subsection (6) subject to such conditions as the Registrar considers fit.
(8)
The Registrar may, at any time in the Registrar’s discretion, waive or modify any condition imposed by the Registrar under subsection (2).
(9)
Any person aggrieved by —
the refusal of the Registrar to register a foreign corporate entity under subsection (1);
any condition of registration imposed by the Registrar under subsection (2); or
the modification of any condition by the Registrar under subsection (8),may within 30 days after the date of the refusal to register or the imposition or modification of the condition (as the case may be) appeal to the Minister whose decision is final.