Company Incorporation Singapore

Singapore has always enjoyed a great reputation as an ideal venue for Business Incorporation due to the following:

  • Strategic location where East meets West.
  • A colourful culture where racial harmony is promoted.
  • The Singapore Government is adamant about withholding political stability.
  • The Pro-Business policy of assisting investments and entrepreneurship.
  • Favourable Tax Regime.
  • Liberal Immigration Policies.
  • Efficient and Transparent Legal and Corporate Governance.

Singapore Incorporation Requirements

To incorporate your business in Singapore, the following requirements must be met,

  • At least one local director has to be a Singaporean, or Singapore PR, or Singapore employment pass holder
  • Your business must have at least one shareholder (shareholders do not need to be Singaporean);
  • To appoint a company secretary with 6 months from date of incorporation;
  • Minimum paid up capital is S$1;
  • Incorporation time ranges approximately from 1 day to 5 days depending on time taken for name approval.

 

BizCom’s Singapore Company Formation Package @ $988 includes:

  • Professional Fees for Incorporating Company
  • ACRA Company Name Reservation
  • ACRA Incorporation fee
  • Common Seal with Company Name
  • Members’ Register & Minutes Book
  • FREE Memorandum & Articles of Association
  • FREE Minutes of 1st Board of Directors Meeting
  • FREE Share Certificates
  • FREE Business Information Profile
  • FREE Resolution to open the bank account
  • FREE 1 Round Self-inking stamp
  • FREE 1 Year Corporate Secretary Services
  • Preparation of Minutes of 1st Board of Directors meeting
  • Preparing of Resolutions, Assisting in Opening of Bank Accounts and lodgement of Company Changes
  • Preparing Minutes of Annual General Meeting (AGM)(ACRA)

Information Required For Singapore Company Setup:

  • 3 Proposed Company Names
  • Principal Activities Description (Maximum of 2 activities)
  • Address of Registered Office
  • Director IC copy (Local)
  • Foreign Director Passport copy, Foreign Address and National Identity Card Copy (Foreigners, if Only)
  • Shareholder IC Copy (Local)
  • Shareholder Director Passport copy, Foreign Address and National Identity Card Copy (Foreigners, if Only)
  • Breakdown of shareholding percentage
  • Amount of Paid-up capital – Amount to be deposited in the bank, liability of Co., investment by shareholders (Ranges from $1-$10,000)

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