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Notice of APPOINTMENT OR CHANGE OF NOMINATED OFFICER or in their particulars (Note 1)Pursuant to Section 7 of the Beneficial Ownership Act 2017 and the Beneficial Ownership (Nominated Officer Exemption)
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Step 1: Gather all necessary information about the first directors, such as their full names, addresses, and contact details.
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Step 2: Obtain the statement of first directors template from the relevant authority or organization.
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Step 3: Fill in the template with the required information, ensuring accuracy and completeness.
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Step 6: Submit the filled out and signed statement of first directors to the appropriate authority or organization, following their submission guidelines.

Who needs statement of first directors?

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Companies or organizations that are required to have a board of directors need to prepare a statement of first directors.
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Startups or newly formed businesses that are applying for registration or incorporation often need to submit a statement of first directors.
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Business entities undergoing changes in their board of directors may also need to update or provide a new statement of first directors.

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The statement of first directors is a document that provides details about the initial directors of a company at the time of its incorporation.
The statement of first directors must be filed by the company itself as part of its registration process with the relevant government authority.
To fill out the statement of first directors, one must provide the names, addresses, and other statutory details of the first directors as required by the regulatory authority's prescribed format.
The purpose of the statement of first directors is to officially record the initial directing team of the company for legal and regulatory purposes.
The statement must typically include the full name, residential address, date of appointment, and any other relevant details of each of the first directors.
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