COMPANY INCORPORATION SERVICES - SINGAPORE

From consulting and strategy development to implementation and support, our comprehensive services can help your business thrive.

Setting Up Your Business in Singapore: A Gateway to Success

Welcome to the vibrant business landscape of Singapore, where setting up your company is a seamless and strategic endeavor. Known for its pro-business policies, robust legal framework, and strategic location in the heart of Asia, Singapore offers entrepreneurs an ideal platform for growth and success.

Key Steps to Establish Your Company in Singapore:

1. Choose Your Business Structure: Select the most suitable business structure for your venture. The private limited company (Pte Ltd) is a popular choice due to its distinct legal identity and limited liability.

2. Name Approval and Reservation: Choose a unique and meaningful name for your company, ensuring it complies with the guidelines set by the Accounting and Corporate Regulatory Authority (ACRA). The name reservation process is swift and can be done online.

3. Appoint Directors and Shareholders: Nominate at least one director who must be a resident in Singapore. You also need at least one shareholder, and both roles can be held by the same individual. There is no maximum limit for directors and shareholders.

4. Engage a Company Secretary: Appoint a qualified company secretary within six months of incorporation. The secretary ensures compliance with regulatory requirements and maintains corporate records.

5. Determine Paid-Up Capital: While there is no minimum capital requirement, you must decide on the amount of paid-up capital for your company. A nominal sum, such as SGD 1, is commonly used.

6. Prepare Memorandum and Articles of Association (M&AA): Draft the M&AA, which outlines the company's constitution and rules governing its internal affairs.

7. Submit Incorporation Documents to ACRA: Complete the incorporation process by submitting the required documents, including the M&AA, through the online BizFile+ portal. ACRA will typically process the application promptly.

8. Open a Corporate Bank Account: Once your company is registered, open a corporate bank account in Singapore. The country's reputable banking sector offers a range of business banking services.

9. Business Licenses and Permits: Depending on your industry, obtain any necessary licenses or permits. Singapore's regulatory environment is transparent, and obtaining approvals is generally efficient.

10. Goods and Services Tax (GST) Registration: If your business turnover is expected to exceed SGD 1 million, register for GST to comply with taxation requirements.

Advantages of Establishing Your Company in Singapore:

• Strategic Location: Singapore's central location in Asia provides easy access to regional markets.

• Political Stability: A politically stable environment ensures a secure business environment.

• Tax Benefits: Singapore offers attractive tax incentives and a low corporate tax rate.

• Global Connectivity: Well-developed infrastructure and a world-class airport make Singapore a hub for international business.

• Skilled Workforce: Access to a highly educated and skilled workforce.

• Transparent Legal Framework: Singapore's legal system is known for its transparency and efficiency.

Embark on your journey to success by establishing your company in Singapore. Our business-friendly environment, coupled with a commitment to innovation and excellence, sets the stage for your business to thrive and prosper.

How do we assist?

Are you looking to set up a company in Singapore? We offer comprehensive services to help you navigate through the process smoothly. Our team of experts will guide you through all the necessary steps, from company registration to obtaining the necessary licenses and permits. We understand the complexities and regulations involved in starting a business in Singapore, and we will ensure that all the necessary paperwork is done efficiently and accurately. With our extensive knowledge and experience in company setup, we can help you make informed decisions and avoid any potential pitfalls. Trust us to handle all your company formation needs, so you can focus on growing your business. Contact us today to get started on your journey to establishing a successful company in Singapore.Our services in points:

• Local Director assistance

• Workpass Application for Business Owners

• Accounting & Auditing

• And More

SINGAPORE