Establishment of Singapore Company

Advantages of Singapore Company

    • 100% foreign ownership allowed
    • Minimum paid-up capital of S$1 only
    • Minimum 1 shareholder and 1 director
    • No taxes on first 100K taxable income annually for first three years of a new Singapore company;
    • Only 9% tax rate on taxable income of up-to 300K annually starting YA 2008 ; Low overall flat tax rate of 18% on taxable income above 300K
    • Zero taxes on capital gains and dividends in general
    • Immigration visa (entrepreneur pass) available for company owners wishing to relocate to Singapore to run their new Singapore company
    • No exchange controls or restrictions on repatriation of profits

Basic Steps of Incorporation

    •  Get company name approval
    • Prepare registration documents
    • Client to sign company registration documents
    • Register company
    • Open bank account

We will prepare and submit all the necessary documentation for registering your Singapore company. The following information is required to be submitted to the registrar of companies (ACRA):

    •  Memorandum and Articles of Association
    • Statutory Declaration of Compliance
    • Particulars of Shareholders, Directors, Secretaries, etc.
    • Certificate of Identity
    • Situation of Registered Office and Office Hours
    • Consent to Act as Director and Statement of Non-disqualification to Act as Director
    • A Consent to Act as Secretary

Time Required for the Application

The registration process of Singapore company nomally completes in 10-15 days upon receiving all the signed documents.