Get professional assistance for your Singapore ACRA company registration

You can avoid piles of paperwork and take our help as your company secretary for a year. We will do Singapore company registration for you in a reasonable cost of $S315

Our Amazing Clients

You can now save time while getting company registration done and utilise that time and effort on your business.

Do your registration from anywhere

Do your registration from anywhere

You do not need to be physically present here to set up and manage your company in Singapore; so there is no need to fly here to do the process
Safe and secure storage

Safe and secure storage

No need to save hundreds of documents and paperwork. You can now store all important documents on the cloud and simply access it from anywhere
Streamlined and simplified processes

Streamlined and simplified processes

We’ve simplified and streamlined all the processes for you to make it quick and simple to get your company started
Transparent pricing model

Transparent pricing model

We do not burden you with any hidden fees. There’s just one cost to get you up and running

Company incorporation

 

Starts at S$315

 

(When you appoint us as company secretary)

Start with filling our online form, along with uploading the required documents and we would register your new company with ACRA. We manage the process of:

  • Checking and then reserving your company name
  • Arranging and filling all registration forms
  • Organizing your company constitution, that is, memorandum and articles of the company
  • Paying the advance professional and filing fees
  • Filing with ACRA

Company secretary

 

Starts at S$800/year

 

 

Every company in Singapore is legally-bound to hire or have a company secretary. A company secretary is a person who takes care of your company’s compliance procedures with the relevant authorities such as:*

  • Forming or setting up your company and getting ready with all registration forms
  • Organizing your company constitution, that is, memorandum and articles of the company
  • Arranging your corporate compliance kit with registers, share certificates and minutes book
  • Organizing your annual return filing both for your shareholders and directors

Provide a company secretary to your company for one year.
Maintaining all statutory records as required under local laws of Singapore including but not limited to the following statutory registers:

  • Register of Applications and Allotments
  • Register of Members
  • Register of Transfer
  • Register of Director, Manager and Auditor
  • Register of Directors’ Shareholding
  • Register of Debenture
  • Send reminder to you for due dates of the statutory filings with ACRA

FAQ’s on Singapore Company Incorporation

Singapore is regarded as the 4th largest financial centre across the globe. This is one of the major reasons why many foreigners favour Singapore to start their business. In addition, Singapore is known to be a highly urbanised and corruption-free country in Asia coupled with other benefits such as diverse cultures, strategic location, business-friendly government and favourable tax laws which makes it a convenient destination for local as well as international entrepreneurs.

Starting a business in Singapore for foreigners is quite easy and straightforward. Foreigners can use either of the three options to register a company in Singapore.

Form a Private Limited Company using Employment Pass and Relocate to Singapore

In the first option, the foreigner can incorporate a company that is limited by shares and post registration, an Employment Pass from the Ministry of Manpower should be applied to stay and work in Singapore. It is a work visa that allows you to live and work in Singapore.

Form a Private Limited Company using EntrePass and Relocate to Singapore

In the second option, the foreigner can incorporate a company that is limited by shares by applying for an EntrePass. In order to apply for EntrePass, some basic conditions need to be fulfilled which are:

– The business must not be illegal

– The business must be registered within 6 months as a private limited company

– The minimum paid-up capital should be S$ 50,000

– Foreign applicants must hold a minimum of 30% shares in the company

Appoint a Resident Director

In the third option, if the foreigner does not wish to relocate to Singapore instead run his business from an overseas location, he can appoint a nominee resident director to satisfy the statutory requirements.

The Bottom Line

If you are a foreigner and wish to start a business in Singapore, it is advisable that you engage a reputed professional firm like IMC Group to assist you in company incorporation in Singapore and ensure all legal compliances are met.

Before you register a company in Singapore, you will have to comply with the following requirements:

1.Company Name

The company name must be approved before the incorporation of the Singapore company.

2.Directors

At least one resident director must be appointed. The director can be a citizen, permanent resident or someone with a valid SS or Employment Pass. The director must be at least 18 years of age and have a clean criminal record and must not suffer from bankruptcy.

3.Shareholders

A minimum of one and shareholder can be an individual or a legal entity, local or foreigner. Post incorporation, you can issue or transfer shares to another shareholder.

4.Company secretary

A company secretary must be appointed within 6 months of company incorporation. The company secretary must be an individual ordinarily resident in Singapore. If a company has a sole director or shareholder, he cannot act as a company secretary.

5.Paid-up capital

The minimum paid-up capital should be S$1. However, it can be increased any time after incorporation.

6.Registered address

A local registered address for the company office in Singapore is a must. It can be a commercial or residential address but not post office box. If you fall under the Home Office Scheme, you may use your residential address as your business address.

The above-mentioned are the basic requirements that you need to follow before incorporating a company in Singapore. If you need help with incorporating your company in Singapore in a smooth and hassle-free manner, you may get in touch with IMC Group.

For your Singapore incorporation, just drop your email id and contact number. We will get in touch with you.

What is a transaction?

Every payment made from or deposited into your company’s bank account is considered as one transaction.
* Single-currency Xero subscription.  Now you can get a Xero multi-currency subscription just for an extra $200/year.
** If you have more transactions, just get in touch with us!

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