Singapore - Company Incorporation

Singapore Company Formation

Advantages

  • No foreign exchange control.
  • Low effective corporate tax rates 20%.
  • Low personal tax rate 2 to 22%.
  • Investment Guarantee agreements with many countries.
  • Double Taxation Agreements with many countries.

Requirements

  • Minimum 1 shareholder + 1 director + 1 company secretary.
  • At least one of the directors must be a resident Singapore citizen.
  • The same shareholder can also act as director.
  • The company secretary has to be resident in Singapore.
  • Sole shareholder and director cannot act as company secretary.
  • Minimum S$1 issued and initial paid−up share capital.
  • Registered address in Singapore.

Procedure

  • Decide on the name of company. We then proceed with availability of company's name search.
  • We require shareholders, directors, company secretary and registered address information.
  • Give photocopy identities of the shareholders and directors.
  • It takes around 3 days for a company to be incorporated.