Terms and conditions
SLEEK TERMS AND CONDITIONS
This dashboard (the “Dashboard”) is provided by SLEEK TECH (Pte. Ltd.), a company registered in Singapore under number 201708433H (“SLEEK”) as one of the services that SLEEK provides along with the SLEEK website (the “Website”), SLEEK’s email notifications and any information or content appearing therein (collectively, the “SLEEK Services”). Use of the Dashboard or any SLEEK Services is subject to the following terms and conditions of service (the “Terms”).
1.1 “You” include:
a) any company identified during registration on the SLEEK Dashboard and any company which will or has been incorporated using the Dashboard or which is now
registered on the Dashboard and will use SLEEK’s corporate secretarial online service (a “SLEEK Company”);
b) any individual linked to a SLEEK Company whether as shareholder, director, officer, employee or user of the Dashboard on behalf of a SLEEK Company.
1.2 “User” means any person using the Dashboard and the SLEEK Services whether on his or her own behalf or on behalf of a third party. All user represent and warrant to
have the legal right and full power and authority to execute, deliver and exercise the rights and perform the obligations under these Terms on behalf of the third party.
2.1 Nature of SLEEK Services SLEEK is an online corporate service provider using cloud software to incorporate and manage the corporate governance for companies in Singapore. SLEEK is not a law firm and as such does not provide any legal services of a law firm.
By purchasing and using any SLEEK Services, User agrees to engage SLEEK to provide corporate secretarial services for User. These services may include the following:
a) company incorporation (if applicable);
b) provision of a registered office address and mailroom;
c) maintenance of statutory registers on the Dashboard in accordance with the legal requirements;
d) lodgment and payment of regulatory filings with the Accounting and Corporate Regulatory Authority (“ACRA”) of Singapore;
e) provision of a nominee director as required by Section 145 of the Companies Act, Cap. 50 (subject to the entering into any supplemental documents as requested by
f) preparation of all corporate decisions and resolutions in connection with the governance of a SLEEK Company;
g) filing all changes relating to a SLEEK Company, including but not limited to change of officers, shareholders, share capital, registered office, particulars of officers or
h) preparing and submitting any application for work permit with the Ministry of Manpower of Singapore (“MOM”);
i) provision of accounting services, including, but not limited to:
- preparation of management report;
- preparation of annual unaudited financial statements (including directors’ statement, profit and loss statement, balance sheet statement, chance in shareholders’ equity, and notes to financial statements);
- preparation of financial statements in XBRL format;
- maintenance of general ledger, accounts payable ledger, accounts receivable ledger, and fixed assets ledger; and
- perform bank and other accounts reconciliation;
- salary calculation on a monthly basis;
- salary payment to employees via issuance of cheques or through bank transfer;
- automatic generation of monthly pay slips for employees;
- central Provident Fund (CPF) registration and monthly payment to CPF;
- issuing IR8A Form for personal tax including statutory annual filing;
- preparation and submission of Auto-Inclusion Scheme with Inland Revenue Authority of Singapore (IRAS); and
- maintenance of payroll file for each employee; and
k) provision of payroll services, including, but not limited to:
- tax computation to calculate tax liability of the Company;
- preparation of Form C for Company’s approval; and
- preparation of tax forms for Company’s submission
By appointing SLEEK as User’s company secretarial service provider, SLEEK shall carry out, or appoint one of its employees to carry out, the duties of a company secretary in accordance with Singapore laws.
SLEEK shall only provide the company secretarial services as requested by User from time to time orally, in writing or any other manner in which SLEEK may accept. User agrees that SLEEK has no liability to User for any loss or damage arising out of or in relation to SLEEK carrying out the company secretarial services in accordance with User’s instructions.
User shall indemnify SLEEK (and/or any of its affiliates) against any and all actions, judgements, claims, demands, costs, taxes and expenses (including legal and/or professional fees) howsoever incurred by SLEEK in the course of and pursuant to its duties and obligations in carrying out the company secretarial services in accordance with your instructions or these Service Terms.
SLEEK may require that, in order for the performance of the SLEEK Services (including the services of acting as nominee director for a SLEEK Company), User shall enter into any supplemental agreements or do any such things as required by SLEEK or applicable law in order for SLEEK to provide such SLEEK Services. SLEEK shall not be obliged to provide such SLEEK Services if User fails to enter into the supplemental agreements or do the things as required by SLEEK or applicable law.
If SLEEK in its opinion is obliged to meet any legal and other requirements or obligations with regard to User, User agrees that SLEEK is authorised to take any steps that it may in its reasonable discretion deem necessary to comply with such obligations or requirements, including taking professional advice at User’s cost.
At the request of SLEEK, User shall provide SLEEK with all documents and information as required by SLEEK in order for SLEEK to comply with its internal policies, any applicable law or guidelines issued by any relevant regulatory authority and/or for any other reason as SLEEK may consider necessary from time to time.
In order to use the Dashboard and SLEEK Services, the User must provide some information and documents. The User undertakes and warrants to provide exact, exhaustive, sincere and correct information and documents.
In case of any change in the information provided upon registration the User undertakes to update this information without delay. SLEEK shall not in any way be held in case the User has not updated its information or has not notified SLEEK of any change of situation whatsoever.
A User registering on the Dashboard automatically accepts these Terms and has access to the Dashboard through the combination of a username and a password. The combination username and password is strictly personal and should be kept confidential by the User.
In case of loss of password, the User will be able to reinitialize its password on the Dashboard.
2.3 Change to SLEEK Services
SLEEK may at any time suspend or discontinue any feature or any part of the SLEEK Services, including the support for the use of the Dashboard. SLEEK Services may also be affected by acts of nature or force majeure events. SLEEK will make very effort to ensure that SLEEK Services are always available, however they may be interrupted, including for maintenance, repairs, upgrades or network or equipment failures.
3. Intellectual property
Other than content generated by User or other users of the Dashboard, SLEEK owns copyright in the content of this Dashboard. You may download and temporarily store one or more of the pages of this Dashboard for the purposes of viewing them and you may print any page from this Dashboard for use only by User and its employees, officers and agents.
Any other storage, copying, transmission or distribution of the content of this Dashboard as well as creation of any derivative works with respect to the Dashboard is prohibited without our consent.
So long as the User complies with these Terms, SLEEK grants the User a worldwide, limited non-exclusive, royalty-free, non-assignable, non-transferable and revocable licence to use the Dashboard in order to gain access to SLEEK’s Services.
The marks ‘SLEEK’ and its logo, are trademarks of SLEEK, and nothing in these Terms gives User the right to use those trademarks without SLEEK’s prior written approval.
SLEEK and User may use third party software and application programming interfaces (“APIs”) when using the Dashboard or the SLEEK Services. SLEEK does not guarantee the reliability of such third-party software or APIs. User agrees that SLEEK IS not liable for any loss or damage arising out of the use of such third-party software or APIs to access any information, the Dashboard or SLEEK Services.
4. Payment terms
User shall pay SLEEK in advance the fees set out in the Dashboard or the Website for the relevant SLEEK Services it has ordered (“Fees”) through a secure payment process incorporated into our Dashboard or Website, or by electronic invoice, which can be securely paid by credit card, debit card or bank wire.
If there are any fees for SLEEK Services that are not set out in the Dashboard or the Website, SLEEK shall issue an invoice to User for such SLEEK Services provided. User shall pay the fees set out in the invoice for such SLEEK Services on receipt of the invoice issued by SLEEK.
User acknowledges and agrees that completion of the online payment process does not constitute SLEEK’s acceptance of User’s offer to purchase the SLEEK. SLEEK’s acceptance of User’s order shall take place only on commencement of the SLEEK Services that User ordered from SLEEK. SLEEK reserves the right to decline an order for SLEEK Services for any reason and will refund any fees prepaid if an order is declined, provided that no SLEEK Services have been used by User.
During the online payment process, User shall be required to enter its payment details, which are disclosed directly to an independent third-party payments processor. SLEEK does not collect or store this information and does not have access at any time to User’s payment details.
All payments are processed by an independent third-party payment processor. SLEEK excludes all liability for any loss or damage that might arise from the processing of User’s payment information, and the terms of service of that independent third-party payment processor shall apply.
User acknowledges and agrees that if, for whatever reason, any payment is reversed or declined, where recurring payments are required, then User’s liability to SLEEK will automatically be deemed a debt immediately due and payable. Any outstanding payments that a User owes SLEEK shall attract late payment interest of 15% per annum until full payment is received.
SLEEK prices for the Services are exclusive of VAT, sales tax, withholding tax or any other taxes that may be applicable / levied in connection with the Services. If a User does not pay for any SLEEK Services in full and on time then SLEEK reserves the right to either terminate the use of the User Account; and/or suspend and/or terminate the performance of the Services forthwith in whole or in part.
5. Limitation on liability
To the fullest extent permitted by law, SLEEK and its affiliates, directors, officers, employees, agents, representatives, partners expressly limit their liabilities in connection with or arising out of the provision of the SLEEK Services and the use of the Dashboard.
The SLEEK Services and all content and documents generated by the Dashboard is provided on a “as is” basis. No assurance, representation or warranty of any kind is made whether express or implied about SLEEK Services. While SLEEK makes every effort to ensure the quality of the Services, it does not make any representation or warranty that:
a) the information or content provided as part of the SLEEK Services will be entirely correct and up to date;
b) the documents generated as part of the services will be accurate, adequate, reliable, free from defect or error or omissions, suitable for a particular purpose or legally
c) SLEEK Services are free from bugs or viruses;
d) correspondence between a User and SLEEK will be free from interception, corruption, error, delay or loss;
e) access to SLEEK Services will always be available or uninterrupted;
f) use of SLEEK Services will achieve any particular result and meet your expectations.
SLEEK should not be liable for any indirect, special, incidental, punitive, exemplary or consequential losses or damages or any loss of profit, business or data arising out of the use of or the inability to use SLEEK Services. Any liability of SLEEK to any User is limited strictly to the amount paid by the User to SLEEK (if any) for the Services.
6.1 You agree to indemnify and hold SLEEK (and/or its affiliates, officers, directors and employees) harmless from and against all liabilities, damages, claims, cists (including legal fees and costs), and expenses in connection with or arising from (i) your breach of these Terms, (ii) your use of SLEEK Services and/or (iii) any misrepresentation made by you.
6.2 User represents, warrants and undertakes that it shall comply with all applicable laws and regulations when using any SLEEK Services.
6.3 User shall indemnify SLEEK (and/or any of its affiliates officers, directors and employees) against any and all loss, damage, actions, judgements, claims, demands,
costs, taxes and expenses (including legal and/or professional fees) howsoever incurred by SLEEK arising from User’s breach of clause 6.2.
7. Termination of the services
7.1 Either party may terminate the Services by giving at least thirty (30) days’ written notice to the other party.
7.2 SLEEK will not provide any refund for any cancellation of the Services.
7.3 If you terminate the Services, your access to the SLEEK Dashboard will be restricted solely to the data export functions. You will be able to export the records pertaining to your Company for a period of twelve (12) months from the date of termination (the “Post-Termination Period”). Following the expiry of the Post-Termination Period, you acknowledge that your Company information may be deleted or overwritten from the SLEEK platform. It is your sole responsibility to maintain the records of the Company after the termination of our Services.
You understand that any message or information you send to the SLEEK Dashboard may be read or intercepted by others, even if there is a special notice that a particular transmission (for example, credit card information) is encrypted.
9. Variations of these terms
These Terms may be varied from time to time. In case of a material change to the Terms, SLEEK will inform User by notice and, by continuing to use this Dashboard or SLEEK Services, User agrees to be bound by the then current terms.
10. Waiver and severability
SLEEK’s failure to enforce a provision is not a waiver of SLEEK’s right to do so later. If a provision is found unenforceable the remaining provisions of these Terms will remain in full effect and an enforceable term will be substituted, reflecting the initial intent.
11. Third party rights
Only User and SLEEK shall be entitled to enforce these Terms. No third party shall be entitled to enforce any of these Terms, whether by virtue of the Contracts (Rights of Third Parties) Act (Cap 53B) or otherwise.
12. Governing law
These Terms and all issues regarding this Dashboard and SLEEK Services are governed by Singapore law and shall be subject to the exclusive jurisdiction of Singapore courts.
13. Dispute resolution
Before filing any claim against SLEEK, you agree to try to resolve the dispute informally by contacting [email protected]