Possessing an attractive tax regime in addition to many business-friendly policies, Singapore makes it easy for companies to establish and operate business activities in this country. Singapore's extensive double tax treaties also allow for preferential tax regimes, which play an important role in minimizing the tax burden for any business.
Why Singapore?
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To get started, you should prepare the following documents:
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Primary packages for forming and operating an offshore company in Singapore
Essential Incorporation
1. Essential Incorporation
2. Corporate Secretary & Address
Urgent, Fast-turnaround time
1. Essential Incorporation
2. Corporate Secretary & Address
3. Others
Revolutionize Your Finances
1. Essential Incorporation
2. Corporate Secretary & Address
3. Others
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You can experience our unlimited bank options until:
- Having 3 successful digital bank accounts.
- Or having 1 successful traditional bank account and 2 successful digital accounts.
Essential Renewal
Urgent, Fast-turnaround time
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For Start-ups
For S&M Businesses
For Large Businesses
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The bookkeeping fee mentioned above excludes:
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Absolutely yes. Within six months of establishment, all Singapore corporations must employ a company secretary. The company secretary is in charge of communicating with Singapore regulatory agencies, filing required papers, and advising directors on their compliance and legal obligations.
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In Singapore, unless exempted under Section 205B or 205C of the Firms Act, all firms are obliged to employ a company auditor within three months after establishment. Before July 2015, exempt private enterprises with annual revenues of less than S$5 million were exempt from audit compliance. That is now being supplanted by the notion of a "small company."
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Do not name names with offensive or vulgar words, names that are similar to already existing companies in Singapore or a company name that is registered with ACRA. Do not name a company with a forbidden word as ordered by the minister of finance, for example, "Temasek"
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Yes, a Singapore company is required to have at least one loal resident director. In order to qualify as locally resident, the person must be Singapore resident or pass holders.
A director must be a natural person and above 18 years old. Corporate directors are not permitted. There are a number of different ways you can satisfy the local resident director requirement:
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Paid-up capital is the total amount of capital that has been funded by shareholders. In other words, it refers to the sum of money that a company has received from shareholders who have completely paid for their purchased shares. The minimum paid-up capital requirement for setting up a company in Singapore is S$1.00.
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