Singapore Company Registration Guide

Singapore company registration is popular with entrepreneurs and foreigners wanting to invest in Singapore. During 2009, over 26,000 companies were incorporated in Singapore and 2010 is expected to surpass that figure. A properly structured Singapore company is a tax-efficient corporate structure suitable for conducting international business. The following Singapore company registration guide provides an informative overview of registering a company in Singapore and whether a Singapore company is the optimum corporate solution for your business:

Singapore Company Registration Information

In our professional opinion, a Singapore company is one of the most attractive corporate vehicles in Asia, and the world. The advantages of Singapore company formation include:

Internationally recognized global trading hub

Tax efficiency – Low corporate tax rate of 17% relative to other leading business jurisdictions along with full tax exemption on internationally sourced income and tax exemptions for new startups.

Availability of world class infrastructure and technology

Pro-business incentives for start up and established companies

Various global business surveys rank Singapore highly in terms of economic freedom, ease of doing business, lack of corruption and more…

Singapore Company Registration Facts

Here is a snapshot of requirements for registering a Singapore company:

100% foreign ownership	Yes	Singapore resident company secretary	Yes
Minimum directors	1	Singapore registered office address	Yes
Minimum shareholders	1	Access to corporate records	Yes
Singapore resident director	Yes	Annual audit required	No
Minimum paid up capital	S$1	Annual return required	Yes
Repatriation of profits allowed	Yes	Corporate directors allowed	No

Other types of Singapore business entities include Sole Proprietorship, Partnership, Limited Liability Partnership (LLP) and Limited Partnership (LP).

Singapore Company Registration Procedures

There are 4 important stages in Singapore company setup. Healy Consultants provides clients with detailed step-by-step incorporation procedures but below is an overview of these 4 stages:

1. Planning

Deciding on most appropriate corporate structure
Agreeing on required services
Collecting documentation and due diligence

2. Company Name

Choose company name preferences
Obtain approval for company name from Singapore Company Registrar

3. Company Registration

Documents filed with Singapore Companies Registrar
Apply for Business Registration Certificate and pay incorporation fee
Receipt of official notification of incorporation

4. Other Company Services

Dependent on client requirements but could include setting up corporate bank account, employment visas, virtual office, search engine marketing and more.

Singapore Company Registration Services

Healy Consultants aims to provide a range of Singapore company registration services to support clients during the set up or their business and also after their Singapore company is registered. This helps to ensure the successful operation and growth of the business. Following are some of the services to support Singapore company registration:

Singapore corporate bank account

ii)

Singapore Resident Director

iii)

Singapore virtual office

iv)

Singapore employment visas

Accounting & Tax

vi)

Business website search engine marketing

Singapore Company Registration Fees

The total cost of engagement is dependent on the services required, however, Healy Consultants Fees page will provide an overview of various service costs.

Please email email@healyconsultants.com for a proposal specific to your needs.

Contact Us

For additional information on Singapore company registration, contact email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.

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Purchase the Singapore chapter of Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com