Singapore Company Set Up Procedures
Singapore company set up is smooth and efficient, thanks to Singapore's simple incorporation requirements and efficient bureaucracy, which contribute to its first place ranking in the World Bank's Doing Business 2008 Survey. International entrepreneurs setting up a company in Singapore can expect the engagement to evolve in the following way: |
||
| 1. | Our client settles our Singapore company set up fees and signs and returns our Client Engagement Letter, which provides details of the new company's planned activities, as well as the preferred corporate structure (including directors and shareholders details). |
|
| 2. | This is followed by Healy Consultants drawing up a detailed engagement plan for our client for Singapore company incorporation and other services, including corporate bank account opening. This step ensures the transparency of Singapore company set up and helps minimise the chance of nasty surprises for our client. |
|
| 3. | Healy Consultants checks company name availability with the Accounting and Regulatory Authority of Singapore (ACRA) and, if available, we legally set up the company. |
|
| 4. | Following Singapore company set up, Healy Consultants assists our client to open a corporate bank account. The majority of our clients choose either a Singapore corporate bank account or a Hong Kong corporate bank account to support their company, for either i) tax efficiency reasons ii) because both jurisdictions are major global financial centres and iii) banks in Singapore and Hong Kong offer multi-currency accounts and world-class Internet banking facilities. |
|
| 5. | To support Singapore company set up, Healy Consultants provides our client a Singapore business address for invoicing purposes. Many clients also request telephone, fax and email support for their company following establishment. Alternatively, our client may request a full Singapore virtual office, or rent office space at Healy Consultants' head office in Singapore. |
|
| 6. | Healy Consultants also assists clients locate business premises in Singapore and recruit local staff by launching recruitment campaigns in local newspapers such as the Straits Times. |
|
| 7. | Some clients request our assistance in securing corporate finance for their Singapore-based projects. Alternatively, Healy Consultants can assist client companies list on the Singapore Stock Exchange, or claim government grants and other financial incentives from the Singapore Economic Development Board (EDB). |
|
| 8. | Having set up the Singapore company for our client, Healy Consultants assists small and medium-sized enterprises build their website and advertise it on major search engines such as Google and Yahoo. |
|
| 9. | Following Singapore company set up, we courier a full company kit (including original Singapore corporate documents, unopened bank correspondence and a client feed back survey) to our client's preferred international address. |
|
| Contact Us | ||
For more information on our Singapore company set up capabilities, contact email@healyconsultants.com or call (+65) 6735 0120. |
||
| Back to Singapore Company Formation page. | ||
Buy the Singapore chapter of Healy Consultants' Asia Business Set Up book for US$100, to order call +65 6735 0120 or e-mail email@healyconsultants.com
Hong Kong Company formation, Dubai Company formation, Offshore Company formation
| © 2003 Healy Consultants Pte Ltd | ASIA COMPANY SET UP SERVICES |