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Singapore Company Formation


Singapore Company Formation

Singapore is a developed capitalist country in Asia. It is the fourth largest international financial center after New York, London and Hong Kong. It is also one of the important service and shipping centers in Asia. Singapore is a multicultural immigration country known for its stable political situation, clean and efficient government, and is one of the countries in the global internationalization.

Singapore’s free economic policy, superior geographical location and sound infrastructure have attracted more and more entrepreneurs from all over the world and have Set Up Companies or commercial institutions in Singapore.

The advantages of Setting Up New Company in Singapore:

1.Superior geographical position;

2.Low business and personal taxes; Multiple tax incentives;

3.Loose foreign exchange control; Gathered global banks here;

4.Mature credit system; Strict business practices; The safest business country;

5.Immigrant migration opportunities in Singapore.

Conditions of Singapore Company Registration:

1.Legal citizen aged 18 or older

2.There are no restrictions on the composition of shareholders, and they can even be all non-Singapore

3.The board may consist of one or more directors but must include at least one local director (local director:Singapore Citizen/Singapore P.R/Foreign Entrepreneurs with Entrepass in Singapore.)

Materials required of Singapore Company Registration:

1.English Company Name ends with PTE LTD

2.Registered address (local address in Singapore)

3.Business scope (Up to 2 business items can be selected)

4.Registered capital (starts from S$1, with no maximum limit)

5.Copy of shareholder ID (or passport), share proportion, and copy of director's identity card (or passport)

6.A company secretary

More details about Set Up Singapore Company or need help with registration? Please contact SINOINCORP. Our professional consultant will reply you and provide Singapore Company Set Up Services.

You May be Interested in:

Corporate Tax Guide - Singapore Company Incorporation

How to Set Up a WFOE in China

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