Company Formation in Singapore
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Benefits of Singapore Company Formation
Strategic Location
Singapore's strategic location in the heart of Asia provides access to key markets, making it an ideal hub for company formation in Singapore.
Political Stability
A stable political environment ensures secure business operations and smooth company formation.
Highly Skilled Workforce
Access to a pool of highly skilled professionals for your company incorporation in Singapore.
Business-Friendly Environment
With low corporate taxes and numerous incentives, Singapore supports business growth, making it an ideal location for company incorporation.
World-Class Infrastructure
Excellent infrastructure in Singapore facilitates smooth business operations, including efficient company setup processes.
Compelling Tax Benefits
Singapore, ranked #2 globally for ease of doing business, offers low taxes and extensive tax benefits.
Key Requirements for Incorporating a Company in Singapore
The minimum requirement for paid-up capital is $1. After the registration, they have the option to increase the paid capital at any time.
It is mandatory to have at least one local resident director. The Director can be a Singaporean, a permanent resident or an individual with a valid employment pass.
At least one shareholder and not more than 50 shareholders. Shareholders can be other legal entities or a person. 100% foreign shareholding is also allowed.
Get the company name approval from ACRA.
It is mandatory to have at least one company secretary.
When registering in ACRA, it is essential to have a local address registered.
Key Documents Needed for Registering a Company in Singapore
Approved Company Name
Must comply with ACRA guidelines
Registered Office Address Proof
Lease, sale, or rental agreement
Local Director Information
ID proof and consent form
Shareholder Details
ID proof and share allocation specifics
Identification Documents
Passport copies and other valid IDs
Corporate Shareholder Documentation
Required if a company acts as a shareholder
Memorandum and Articles of Association (MoA & AoA)
Standard company documents outlining purpose and regulations
Incorporating a Business in Singapore for Foreigners
The Accounting and Corporate Regulatory Authority (ACRA) regulates the company incorporation process in Singapore.
As a foreigner, you cannot open a company in Singapore independently. You are required to appoint a registered filing agent and obtain an Entrepreneur pass (E Pass) to relocate and work in the city-state. It is advisable to ask your agent for customised solutions for registration of your Singaporean company.
Registered Filing Agent
You can simplify your task by appointing a registered filing agent such as a Singaporean accounting firm, law firm, or secretarial service.
Local Director
When registering a new company in Singapore, it is necessary to appoint a local director who is a Singaporean, Permanent Resident, or EntrePass holder.
Why Choose IMC for Singapore Company Incorporation?
Others
Feature
What IMC offers
Local Expertise
Service Commitment
Remote Registration
Document Storage
Complex, tedious procedures require multiple steps.
Process Simplification
Pricing Transparency
Why Choose IMC for Singapore Company Incorporation?
Local Expertise
Others
What IMC offers
Service Commitment
Others
What IMC offers
Remote Registration
Others
What IMC offers
Document Storage
Others
What IMC offers
Process Simplification
Others
What IMC offers
Pricing Transparency
Others
What IMC offers
Types of Business Entities & Companies in Singapore
Start Your Business Journey in Singapore with Confidence
You can just set up your business in Singapore with our comprehensive company formation services. We deliver end-to-end solutions, including company registration, regulatory compliance, and strategic financial planning, ensuring a smooth and efficient setup in Singapore’s dynamic market.
Our team of seasoned professionals provides personalized, tailor-made services to meet your unique business requirements, empowering you with actionable insights to drive growth and make informed decisions. With real-time data access and customized bookkeeping solutions, we optimise operational efficiency while ensuring full compliance with local regulations.
Partner with us to confidently navigate Singapore’s competitive business landscape and position your company for sustainable success.
Expert Assistance for Singapore Corporate Services
FAQs About Company Incorporation Services in Singapore
No, you do not have to be physically present in Singapore to set up a company.
- A company needs to have at least one shareholder who can be a local or foreign individual or company
- At least one of the directors must be a natural person, above the age of eighteen years old, and a resident of Singapore
- A shareholder who is a natural person can also be a director of the company
- A qualified company secretary has to be appointed. The secretary must be a resident of Singapore
- Company must have a physical, local address in Singapore
- The company must have a paid up capital of at least $1
A Singapore Private Limited Company (LLC) registration requires at least 1 shareholder. A Private Limited Company can have a maximum of 50 shareholders.
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