Board formation, resolutions, and approval rights
A company is run by its board, and a board runs on resolutions. Who can sign, who can move money, who must approve a deal, those are decisions the board records in advance. When the decisions are written down, the company works without you being in three places at once. When they are not, every transaction starts with a phone call.
Resolutions before habit
Signing authority is a governance document, not a banking detail. The people allowed to move money from each account should be set out in board resolutions, and the same goes for who can sign contracts and who has to approve a deal before it is committed. Written down in advance, those rules let a tour manager rebook a venue and a record label pay a license fee without calling you first. Left to habit, they put every signature in dispute the moment two people disagree about who was allowed to do what.
Where the board works
The board is not a formality to satisfy. It is the organ that makes the strategic decisions, and where it works decides where the company is resident. Board meetings held in Singapore, with the decisions recorded, are part of what a residency claim rests on. The control and management test asks whether the board actually decides here. Minutes and resolution registers are the proof. A board that exists only in filings, and never meets or decides, gives the tax position nothing to stand on.