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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:
1.
Internationally recognized global trading hub.
2.
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.
3.
Availability of world class infrastructure and technology.
4.
Pro-business incentives for start up and established companies.
5.
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:
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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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Location shot for Singapore company incorporation
Image by edwin.11

 

 


                                                                               Singapore Corporate Bank Account                Offshore Tax Planning

                                                                               Setting Up an offshore company                    Offshore Bank Accounts

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