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singapore pte ltd company registration

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    singapore pte ltd company registration

    How to register a Singapore company This article describes Singapore company law on requirements and procedure to register a private limited company in Singapore. Incorporating a company in Singapore is fast, easy, and free from unnecessary red-tape. Singapore is consistently ranked as one of the best places in the world for doing business.

    This guide explains the requirements and procedure to register a private limited company in Singapore. It covers the following topics: Requirements for Singapore Company Registration Steps for Registering a Singapore Company Documents you need before Company Registration Official Documents available after Company Registration Tasks after the Company is Registered Frequently Asked Questions About ACRA, the Singapore Company Registrar Next Steps Related Articles Is Singapore the right place to incorporate your business? How can a foreign company register in Singapore? Annual compliance requirements for Singapore companies Singapore visas and immigration Corporate tax in Singapore Foreigners incorporating in Singapore must engage the services of a corporate service provider to register a Singapore company.

    Even local entrepreneurs are advised to do the same as they may not be fully familiar with the Singapore company law and compliance requirements. Expertly Done! Company incorporated, bank account opened, employment pass approved - thank you guys! I am very impressed with the smooth manner and quick pace at which everything was done.

    I explored several service providers in Singapore but am very glad to have finally engaged your team. Your online platform is awesome - it makes it very easy for me to work with your team and access my documents. Oliver Weiss CEO, D2G Pte. Ltd. Incorporate Your Singapore Company Foreigner Package All inclusive Singapore company setup package for foreigners Local Package Company setup package for Singapore citizens and Permanent Residents Transfer Package Switch the administration of your existing Singapore company to us Requirements for Singapore Company Registration Singapore company registration requirements consist of: Shareholding.

    A company must have a minimum of 1 and a maximum of 50 shareholders who can be local or foreign persons. Shareholders can be natural persons or corporate entities. Share Capital. The minimum paid-up capital to set up a company is S$1. A company can increase its share capital at any time by injection of additional capital.

    Directors. Both Singapore-resident and foreign-resident persons can be directors of a Singapore company. Corporate directors are not permitted. A company must have at least one Singapore-resident director. Singapore-resident is defined as someone who is a Singapore citizen, a Singapore permanent resident or an Employment Pass holder.

    Company Secretary. A company must appoint a qualified company secretary within 6 months of incorporation. The company secretary must also be a natural person and a resident of Singapore. Registered Address. Each company is required to have a local registered address in Singapore where the company will keep all of its statutory documents.

    The address cannot be a PO box. Company Name. The name of the company must be approved before proceeding with the registration of the company. Company Registration Requirements Steps for Registering a Singapore Company The registration procedure is online, quick, and efficient. There are three main tasks: Name approval Document preparation Company registration And there are two government fees: S$15 Name approval fee S$300 Company Registration fee Step 1: Get the Company Name Approved Before registering, all Singapore companies must first have their name approved by ACRA.

    The name approval is a simple online procedure and the company name is subject to the following guidelines: The name cannot be identical to an existing business in Singapore The name must not infringe on any trademarks The name cannot be obscene or vulgar The name must not have been reserved by another company Key facts to keep in mind for the name approval process: If a company name follows ACRA’s rules, it is typically approved in less than an hour.

    A name may be referred to another government authority for further approval if it contains certain regulated business words such as finance”, legal”, law”, broker” or school”. This can delay the name approval process by few weeks. Once approved, a company can reserve the name for up to 120 days. If it does not incorporate the name within that period, the name is released and can be reserved by another person.

    You can check for availability of a company name using company name search tool. Step 2: Prepare the Company Registration Documents After the name approval and before applying for company registration, a company must get the following documents ready: Documents required by ACRA: Company Constitution, previously known as Articles of Asso

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