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How do you get registration in Singapore?

Updated: 8/20/2019
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Q: How do you get registration in Singapore?
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Who offer the best company registration services in Singapore?

When considering the registration of a new company or relocation of your existing company to Singapore, note that most Singapore companies are registered as private limited liability companies (commonly known as private limited companies). A private limited company in Singapore is a separate legal entity and shareholders are not liable for the company's debts beyond the amount of share capital they have contributed (hence the term limited liability). According to the Singapore Companies Act, any person (foreign or local) above the age of 18 can register a Singapore company. There are two distinct steps involved in the Singapore company setup procedure: a) Company Name Approval and; b) Company Registration. Both steps can be accomplished on the same day assuming there are no delays caused by Company Registrar. A.Name Reservation B. Register Company Such companies that can advice are ; Singapore Company Incorporation, Singapore Company Incorporation Consultants Pte Ltd,Hawksford, Healy,


How do you register my company in Singapore?

Registering a company in Singapore is easy when compared with other countries. Following are the step in incorporating a company in Singapore:Determine the structure of the businessFor Singaporeans, the owners have to register the business with ACRA which can be done onlineFor foreign owners, they need to appoint a local agent like to assist them in the registration. The owners need to apply for a Singpass.Finally the registration will take place as per the government terms


do i need to partner with local Singapore resident to incorporate a company in Singapore?

Company formation in Singapore is a hot topic. And aspiring entrepreneurs who are thinking of company registration in Singapore have many questions to ask. Especially, they want to know whether they need to partner with a local Singapore resident for company registration. A few of them know that it is mandatory for foreigners to take on a local resident as their business partner in certain countries before registering a company. In Singapore, you do not need a local partner to start your company. On the other hand, Singapore allows foreigners to own 100% share capital in their company. Let us clear the confusion. First of all, you need to understand the basic requirements for a Singapore company registration. They are as follows: At least one local or resident director At least one shareholder Minimum initial-paid capital of S$1 At least one company secretary Registered physical office address As per the above list, you need at least one local or resident director for company formation in Singapore. However, this has nothing to do with having to select a local resident as your business partner. Many foreign business owners, new to Singapore jurisdiction, stumble on this requirement. They confuse having to appoint a local/ resident director with having to select a local as a business partner. After the appointment, a local/ resident director in Singapore works as an employee of the company. If you are Singaporean, you can act in this capacity. However, the foreigners cannot act in this capacity as this appointee needs to be an ordinarily resident of Singapore. The way out of the foreigners is to hire a Singaporean, Permanent Resident, an Employment pass holder to act in this capacity. Or, they can hire a nominee local director from one of the corporate services providers in Singapore. A nominee director is hired under an elaborate contract. You can mention their duties, responsibilities and scope in the contract. They do not play any part in the management of the company. To reiterate, you do not need to take a Singapore resident as your business partner for a company registration Singapore. The nominee or local/resident director you must appoint is the company's employee. And as per company Law, you can own 100% shares of your Singapore company. @sbsgroupsingapore


GST Related Tags?

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How Should I Register a Company?

For young and experienced entrepreneurs, Singapore is a place to fulfil their dreams and make their presence felt in the market. If you are one such a dreamer, you need to know how to proceed with your company registration in Singapore. As per the Singaporean Company Law, if you are a citizen over 18 years of age, you can self-start a company. However, if you are a foreigner, you need to hire an Agent for your company registration. Pre-Registration Requirements For the registration of a company in Singapore, you need to be ready with: • At least one shareholder • At least one local director • Minimum initial paid-up capital of S$1 • At least one company secretary • Local registered address • Approved company name Director You need to arrange at least one resident director who is a Singapore citizen, permanent resident, or holder of EntrePass pass. Shareholders A private limited company needs at least one shareholder. Up to fifty entities (individuals and companies) can come together to form a company. Singapore allows 100% foreign shareholding. Company Secretary You must appoint at least one company secretary within sixth months of registering your company. The secretary must be ordinarily resident of Singapore. Approved Company Name You need to apply to ACRA and get your company name approved. Registered Local Address for Office You need to provide a local registered address in Singapore for your company office at the time of company registration. Registering a Company in Singapore You can use the BizFile+ portal for your company registration in Singapore. However, many entrepreneurs appoint a registered filing agent to do the task for them. Apply to ACRA and Get Approval for Company Name • The company name needs to be unique, meaningful, easy to read and without any vulgar or obscene word. • It should not violate any trademarks. • If it contains phrases like “Bank,” “Finance,” “Educational,” or “Media,” your application may get refereed to higher authorities. • The approved company name is reserved for you for 60 days. • Pay S$15 as company name registration fee. Apply and Get Company Registered with ACRA The process for company registration requires 1-3 days. Pay S$300 as the fees for registering your company to ACRA. Submit the following documents to your Agent to make the process smooth and hassle-free. • Company name registered with ACRA • Description of business activities • The registered local address of the company office • Details of shareholders • Details of directors • Details of company secretary • Foreign Individuals need to submit a copy of passport and residential address proof (overseas) • Foreign Companies need to submit their Articles of Associations & Memorandum • Singapore Residents need to submit a copy of Singapore identity card If you are a foreigner, appoint an accounting firm, a law firm, or a corporate secretarial firm as your Agent to take care of the company registration process for you. You also need to appoint a local director (Singaporean, Permanent Resident, or EntrePass holder).


Why does Singapore hosts Singapore?

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How do you incorporate a company in Singapore?

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Capital city of Singapore?

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