- Incorporate Singapore Company
- Must have the Singapore Employment Pass Work Visa
- One Resident Director
- At least one shareholder
- One Company Secretary
- Address of the Local registered office
- Minimum paid-up capital of $1
- Engage with IMC to form a company in Singapore and use the resident nominee director temporarily until you secure the Employment Pass
- Apply for the Employment Pass
- Transfer your Directorship after you secure Employment Pass
- Relocation to Singapore and forming a company
IMC Group Singapore:
A Client's Testimony of Exceptional Results
Required Documents for Setting Up Company in Singapore
For Resident Shareholders and Director
- Copy of the Singapore IC
- Copy of the Dependant Pass or Employment Pass
For the Non-resident Shareholder and Director
- A Copy of the Passport
- Copy of the address proof such as residential phone bill, utility bill, bank statements, tax bills, etc.
If the shareholder is one of the corporate entities, then:
- Copy of the Registration Certificate
- Copy of Company Constitution
- Copy of Recent extracts of Company Particulars from the Company’s Registrar
- A board resolution that approves company formation in Singapore and the proposed shareholding
P.S.- All the official documents should be in English. If you have a problem translating documents into English, we offer translation services with a minimum fee.
You can post or mail us your photocopies of the official documents if you are overseas. Once we receive the necessary documents and our payment, we will start preparing the documents to be duly signed in Singapore or at the Notary Public or Singapore Embassy abroad.
Documents Needed for EP Or Employment Pass Application
- Photocopy of Highest Qualification Certificate
- Photocopy of Passport
- Copy of specialist or other professional certificates
Documents Needed for DP or Dependants Pass
- Copy of Marriage Certificate
- Copy of Passport
- Copy of Highest Qualification Certificate (for child or spouse)
- Copy of Birth Certificate (Child)
- If the kid is adopted legally, then the legal documents of the adoption
- Photocopy of the Child’s custodial letter if the kid is the stepchild
The Step-by-Step Guide to the Application Process
Step 1 – Submit the request and give incorporation details
Once we get the company details receipt, we will:
- Check the availability of your proposed company
- Solve your queries and offer advice accordingly
- Send an invoice for our services
- Organize compliance review of the directors and shareholders
Step 2 – Preparation of the Documents Required for Incorporation
After receiving the payment for the services reflected in the invoice, we will start the preparation of the incorporation documents. You will then need to sign the incorporation document for us to proceed with company incorporation.
Step 3 – Incorporate Company and introduce Banks
After you sign the incorporation documents, we will move forward with the company registration with ACRA (Accounting and Corporate Regulatory Authority of Singapore). Once the company is incorporated, we will provide details about the bank to open your corporate account. It is worth noting that the bank account opening is subject to the bank KYC.
Step 4 – Apply for the EP or Employment Pass
We submit every Employment Pass to the Ministry of Manpower electronically to help you know about your application outcome faster.
- MOM takes 7 to 25 working days to process your application
- Once the In-principal Application is received, we will help you collect your EP
Required Details to Incorporate Your Singapore Company
You must give us the following documents to register the company in Singapore.
- Name of the Company
- SSIC
- Directors Particulars
- Short Description of Business Operations
- Company Registered Address
- Shareholders Particulars
- Details of Beneficial Owner
Registration of the Company in Singapore
Our offered services for setting up a private company in Singapore:
- Name Checking and Reservation
- Preparation of articles and memorandum of your company
- Preparation of the registration forms
- E-certificate of the incorporation
- Compliance corporate kit including share certificate, register, corporate seal, and minutes book
- Minutes of the initial board meeting
- Resolution for opening a bank
- Business common seal
Corporate Secretarial
Singapore Companies Act demands that every company hire a secretary to manage ongoing Statutory Compliance Matters. So, our company will act as company secretary and offer:
- ACRA Compliance Alert and Reminders
- Named the Company Secretary registered with the ACRA for one year
- Handling the statutory books and preparing the necessary minutes for the meetings of Shareholders and Directors
Provision of the Nominee Director for Two Months
- Temporary Local Nominee Director Service is needed until the Employee Pass approves
- An extra $2000 refundable security deposit will be needed, which we will return after approving the Employee Pass
Employment Pass Filling
The Employment Pass is for businesspersons who have experience or possess relevant skills and pass from a recognised university.
We offer the following services:
- Application of the EPOL or Employee Pass On-Line with MOM
- Development, Submission, and compilation of the relevant documents
- Tracking of status with MOM
- Follow up with the high authorities for all the necessary clarifications
Optional
Registered Office Address
The Company Act demands every Singapore-incorporated entity to get a Singapore-based registered address.
- For official communication, Singapore companies need a local registered address
- We provide our clients with a locally registered address
- If it encounters premature termination, the unused amount will be refunded on a pro-rated basis
Dependent Pass Application
The EntryPass or EP holders can apply for Dependent Pass Visa for their partners and child below 21 years of age.
- DP Application Processing
- Online filling for quick results
- Track status with MOM
- Follow up Liaising with the high authorities if clarification is needed
Company Formation in Singapore - FAQ
Does a foreigner need to visit Singapore to establish a company?
No, you do not have to be physically present in Singapore to set up a company.
What are the key requirements for setting up a Singapore 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
What are the minimum and maximum number of shareholders a company can have?
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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