International business people incorporate a company in Singapore to take advantage of the strategic tax advantages and the excellent global reputation for stability and security that Singapore is recognised for. Points to consider when incorporating a company in Singapore include:

When incorporating in Singapore, every company is required to i) have at least one Singapore resident director, ii) have minimum of one shareholder, corporate shareholders are permitted and iii) all Singapore companies are required to appoint a company secretary (either a natural person or a body corporate) who is resident in Singapore.

Incorporating a company in Singapore requires the maintenance of accounting and other financial records, including profit and loss accounts and balance sheets.

The EDB provides a wide range of financial incentives to entrepreneurs who incorporate a company in Singapore. These include equity financing for companies developing high technology products and services in Singapore, grants to improve management and operations, and loans to fund overseas expansion projects.

As a global private banking and wealth management hub, Singapore caters to the financial service needs of a rapidly growing number of Asian millionaires.

Starting a company in Singapore is straightforward. Healy Consultants deals with all formalities related to starting a company in Singapore, including preparing and submitting incorporation documents. Our clients are not usually required to visit Singapore when starting a company in Singapore. Because of this, and low government costs for a Singapore company startup, it is a cost-effective jurisdiction.

After starting a business in Singapore, having a reliable partner or representative is vital if you do not plan to live in Singapore. In addition to our professional company secretary and resident director services, Healy Consultants provides a Singapore virtual office which acts as a 'home away from home' for many global business people.

That said, several investors incorporating in Singapore, voted that the city has the most attractive quality of life in Asia by the 2011 Mercer Human Resources Survey. After starting a company in Singapore, Healy Consultants obtains Singapore residence and employment visas for clients.

After incorporating their company in Singapore, Healy Consultants provides our client a complete company kit including i) original Certificate of Incorporation ii) a bound copy of a Government approved Memorandum & Articles iii) original share certificates iv) an extract from the Singapore public register illustrating company details available for public viewing and v) an original Government receipt as evidence of payment of annual license fees.

After incorporating in Singapore, the following particulars are available for public viewing on the Singapore Accounting and Corporate Regulatory Authority (ACRA): i) Certificate of Incorporation, ii) Particulars of the directors, company secretary and registered office and iii) Share capital structure and shareholding information.

To incorporate a company in Singapore, contact email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.