Location shot for Singapore company registration

 

Singapore Company Registration

Healy Consultants has helped several clients complete their Singapore company registration for a wide variety of purposes. While the nature of our clients' businesses vary, our service standards do not. The following information is for entrepreneurs looking to complete company registration in Singapore:
1.
At the start of the Singapore company registration process our client and Healy Consultants agree on the Singapore company name and corporate structure. These details are presented to the Accounting and Corporate Regulatory Authority of Singapore (ACRA).
2.
Companies in Singapore are under the authority of the Singapore Companies Act 1963, which governs Singapore company registration processes.
3.
Singapore company law states that every Singapore company must appoint a director who is resident in Singapore, although there are no restrictions on the number of directors a company may have. That said, a Singapore company is only allowed individual directors - corporate directors are not allowed.
4.
Should our clients have problems finding a resident director of their own, Healy Consultants offers Singapore resident director services to meet the regulations of the Singapore Companies Act 1963. Our managing director Aidan Healy will act as Singapore resident director for a Singapore company of a client who requires this service. Aidan Healy will be a director of the company in name only and will have no other powers or responsibilities.
5.
There are many options for Singapore company registration. The different business structures are: i) Sole Proprietorship, ii) Partnership, iii) Limited Liability Partnership (LLP), iv) Company and v) Limited Partnership (LP). Detailed features of these forms of registering a company in Singapore can be found on the ACRA website.
6.
From the start of 2009, all companies registered in Singapore including businesses, local companies, limited liability partnerships (LLPs), societies, representative offices, healthcare institutions and trade unions, will have a Unique Entity Number (UEN) as its identification number. The UEN has the same role as the NRIC for Singapore citizens. For more information, please visit the IRAS website.
7.
The Singapore government is proactive in attracting entrepreneurs and investors to Singapore. More details can be found in this article regarding the incentives for registering a company in Singapore.
8.
Company registration in Singapore gives entrepreneurs and their families, the oppportunity to enjoy the culture and high standard of living available in Singapore. According to the 2010 Quality of Living Survey by Mercer Human Resources, Singapore offers the highest standard of living in South East Asia.
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

 


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