A Solvency Confirmation Letter is typically required in Singapore for various business transactions, including tender submissions, loan applications, or major contract negotiations. The document must comply with Singapore's Companies Act and IRDA 2018, providing explicit confirmation of both cash flow and balance sheet solvency. The letter should include current financial status, forward-looking statements about debt servicing capability, and must be signed by authorized personnel. Notably, making false declarations can result in serious legal consequences under Singapore law.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Letter Header: Company letterhead, date, reference number, and addressee details
2. Declaration of Authority: Statement of authority to make the declaration (e.g., director, authorized officer)
3. Company Details: Full legal name, registration number, and registered address
4. Solvency Statement: Clear declaration of company's solvency status including both cash flow and balance sheet tests
5. Financial Position: Brief overview of current financial position and ability to pay debts
6. Signature Block: Authorized signatory details and signature
1. Additional Financial Details: Detailed financial metrics when required by recipient - used when specifically requested or for regulated entities
2. Third Party Confirmation: Confirmation from auditors or accountants - used when external verification is required
3. Group Structure Reference: Information about parent/subsidiary relationships - used for companies within a group structure
1. Financial Statements: Recent balance sheet and profit/loss statements
2. Board Resolution: Copy of board resolution authorizing the solvency declaration
3. Auditor's Report: Independent auditor's report confirming financial position
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Thank You For Confirmation Letter
A formal acknowledgment document under Singapore law that confirms receipt of information or agreement between parties.
Download
Zero Balance Confirmation Letter
A Singapore-compliant formal bank document confirming zero balance status of a specified account.
Download
Sign Confirmation Letter
A formal document under Singapore law confirming the execution or signing of an agreement.
Download
Power Of Attorney Confirmation Letter
A formal document under Singapore law that confirms the validity and current status of an existing Power of Attorney.
Download
Order Confirmation Letter To Customer
A formal acknowledgment of a customer's order under Singapore law, confirming transaction details and terms.
Download
Offer Letter And Confirmation Letter
A Singapore-compliant employment document combining initial offer and confirmation of permanent employment status.
Download
Letter Of Enrolment
A formal document confirming student enrollment in Singaporean educational institutions, compliant with local education laws.
Download
Job Confirmation Letter For Visa
A formal employment confirmation document required for work visa applications in Singapore, meeting MOM requirements.
Download
Intercompany Balance Confirmation Letter
A Singapore-law governed document used to formally confirm and record intercompany account balances between related corporate entities.
Download
Employment Verification Letter For Loan
A formal Singapore-compliant document confirming employment details for loan applications.
Download
Employment Verification Letter
A Singapore-compliant formal document confirming an individual's employment status and details, issued by employers for third-party verification purposes.
Download
Driving Licence Confirmation Letter
An official Singapore document confirming the validity and status of an individual's driving license.
Download
Debtor Confirmation Letter
A Singapore-law governed formal acknowledgment of debt from debtor to creditor, confirming the debt obligation and payment terms.
Download
Customer Balance Confirmation Letter
A formal document used in Singapore to verify and confirm outstanding balances between parties, compliant with local financial reporting requirements.
Download
Consent Letter For Employment Verification
A Singapore-compliant authorization document for employment verification, aligned with PDPA requirements.
Download
Confirmation Staff Letter Bank
A formal letter confirming permanent employment status for banking sector employees in Singapore, outlining employment terms and conditions.
Download
Confirmation Of Maternity Leave Letter
A formal confirmation of maternity leave arrangements under Singapore employment law, detailing leave period and payment terms.
Download
Confirmation Of Directorship Letter
A formal letter confirming director appointment under Singapore law, outlining key terms and responsibilities.
Download
Confirmation Letter With Salary Increment
A Singapore-compliant document confirming permanent employment status and salary increment details.
Download
Confirmation Letter Acknowledgement
A Singapore-law governed document confirming receipt or understanding of a previous communication or agreement.
Download
Confirmation Of Tenancy Letter
A formal document under Singapore law confirming the establishment of a rental agreement between landlord and tenant.
Download
Confirmation Of Rental Letter
A formal document used in Singapore to confirm rental arrangements between landlords and tenants, detailing essential terms and conditions.
Download
Confirmation Of Rent Payment Letter
A formal document used in Singapore to confirm receipt of rental payments, complying with local property law requirements.
Download
Confirmation Of Order Letter
A formal business document used in Singapore to confirm and document the details of an order for goods or services.
Download
Bursary Confirmation Letter
A formal document used in Singapore to confirm and detail the terms of a student bursary award.
Download
Background Verification Letter
A Singapore-compliant formal document confirming an individual's employment history and credentials in response to authorized background check requests.
Download
Audit Balance Confirmation Letter
A Singapore-compliant formal document used by auditors to obtain third-party verification of account balances and transactions.
Download
Appointment Confirmation Letter For Job
A formal employment confirmation document under Singapore law that outlines job terms and conditions.
Download
Tender Confirmation Letter
A formal document under Singapore law confirming the acceptance of a tender bid and outlining key agreement terms.
Download
Supplier Confirmation Letter
A legally binding document under Singapore law confirming a supplier's acceptance of a purchase order and its terms.
Download
Solvency Confirmation Letter
A formal declaration of company solvency under Singapore law, confirming ability to meet financial obligations.
Download
Rental Verification Letter
A Singapore-compliant formal document confirming residential tenancy arrangements and rental history.
Download
Redundancy Confirmation Letter
A formal notification of employment termination due to redundancy under Singapore employment law, detailing severance terms and benefits.
Download
Order Acknowledgement Letter
A Singapore-compliant business document that formally confirms receipt and acceptance of a customer's purchase order, establishing the terms of sale.
Download
Medical Confirmation Letter
A Singapore-compliant medical document confirming a patient's health status or condition, issued by licensed healthcare providers.
Download
Letter Of Salary Confirmation
An official employer-issued document in Singapore confirming an employee's salary and employment status, compliant with local employment laws.
Download
Job Verification Letter
A formal employment confirmation document issued by Singapore employers, complying with local employment and data protection laws.
Download
Insurance Confirmation Letter
A formal document issued under Singapore law that confirms the existence and details of an insurance policy.
Download
Holiday Confirmation Letter From Employer
A formal document issued under Singapore employment law confirming an employee's approved leave period and related details.
Download
Fund Confirmation Letter
A Singapore-compliant banking document that officially verifies the existence and availability of funds in a specific account.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)