Advanced Certificate in Practical Business Law Module 2: Starting and Managing a Company in the Digital Age - a Corporate Governance Perspective
- Innovation & Business Improvement
- Legal
This module is conducted in-person.
2 days
Weekdays (9am - 6pm)
Who Should Attend
- Aspiring business owners and entrepreneurs
- Business owners and professionals across the corporate and public sectors who are involved in corporate governance, company secretarial duties.
- Professionals from corporate secretarial firms.
PREREQUISITES
- Working proficiency in English
Overview
The course begins with a deep-dive into the fundamentals of corporate governance, followed by an exploration of how digital transformation is reshaping these principles. We first deal with the core aspects of starting a business such as which corporate form to choose, what key documents are required, and the timelines and processes involved in starting up. In this part of the course, we will also examine how incorporation and documentation may differ in the context of modern-day businesses that focus heavily on technology.
We then move into discussing the roles of key personnel in a business such as directors, shareholders, and officers. Learners will be acquainted with the roles, responsibilities, duties, and liabilities of these personnel. We will also deal with how corporate governance is an ongoing process and commitment for every organisation, and how the different key personnel must undertake different roles to keep the organisation compliant with law and prevailing business standards.
Last, we will scrutinize the challenges and opportunities that technology brings to the boardroom. Emerging issues such as data privacy, digital risks, virtual meetings, and sustainability will be explored. Participants will learn about how these issues affect and transform corporate governance.
Learning Objectives
At the end of this two-day course, participants will be able to achieve the following learning objectives:
- Understand what it means to incorporate a business under a separate legal entity, and appreciate the pros and cons of doing so.
- Identify various corporate structures under which a business can be run, their pros and cons, and the various incorporation processes and timelines.
- Know the key legal documents that are essential to starting a business such as the constitution, M&AA, shareholder agreements, directors’ resolutions etc; be able to articulate what purposes these documents serve, and to understand some common terms in these documents.
- Recognise how tech-based startups or businesses focusing on tech can be different from conventional businesses, and how these differences affect the documentation and incorporation process.
- Understand the roles, responsibilities, and liabilities of shareholders in a company.
- Understand the different types of directors in a company and their roles, rights, and duties.
- Appreciate the consequences of directors failing to meet their legal duties.
- Learn to manage common issues relating to shares and capital.
- Assess the impact of emerging trends such a ESG and tech in the field of corporate governance.
- Be familiar with how to end or close a business.
Assessment
As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.
Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.
Calculate Programme Fee
Fee Table
| COMPANY-SPONSORED | |||
|
PARTICIPANT PROFILE |
SELF-SPONSORED |
SME |
NON-SME |
|
Singapore Citizen < 40 years old Permanent Resident LTVP+
|
$654 (After SSG Funding 70%) |
$254 (After SSG Funding 70% |
$654 (After SSG Funding 70%) |
|
Singapore Citizen ≥ 40 years old |
$254 (After SSG Funding 70% |
$254 (After SSG Funding 70% |
$254 (After SSG Funding 70% |
|
International Participant |
$2,180 (No Funding) |
$2,180 (No Funding) |
$2,180 (No Funding) |
All prices include 9% GST
Please note that the programme fees are subject to change without prior notice.
Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.
Self Sponsored
SkillsFuture Credit
Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.
This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.
Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).Workfare Skills Support Scheme
From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.
Company Sponsored
Enhanced Training Support for SMEs (ETSS)
- Organisation must be registered or incorporated in Singapore
- Employment size of not more than 200 or with annual sales turnover of not more than $100 million
- Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
- Trainees must be Singapore Citizens or Singapore Permanent Residents
- Trainees must not be a full-time national serviceman
- Trainees are eligible for ETSS funding only if their company's SME status is approved prior to the course commencement date. To verify your SME's status, please click here.
Please click here for more information on ETSS.
Absentee Payroll
Companies who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:
AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)
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*Online registration will close 5 calendar days before the course start date
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