Congrats on taking the 1st step to attain success in your business venture. Setting up a new business can be thrill and 'what to do' at the same moment. Policies and licenses vary from business to business and depends on its activity. But once you have taken the right licenses and comply with the compliances, Singapore is the right place for emerging entrepreneurs or companies who are looking to expand into Asia-Pacific region.
Singapore has distinguished itself in the Asia-Pacific region as a key player due to its political stability, accessibility, state-of-the-art infrastructure, pro-business government policies and attractive tax rates.
We provide full suite of solution and support in all corporate services to ensure that you comply with Singapore relevant compliance policies at all times. With the provision of our high quality service, you will be running your business set up in Singapore with ease and growing a sustainable business, knowing that you have a team of renown professionals assisting you with your company register and administration.
Advantages of opening a Private Limited Company:
- You and the shareholders are protected on the liability to the extent of Share Capital contributed.
- Company is a separate entity different from you.
- Singapore government is giving full corporate tax exemption for up to SGD$100,000/- profit on the first 3-year profit for newly incorporated and qualified companies.
- Private Limited company is scalable and easy to raise capital from investors.
- Private Limited company is credible and easy to gain contracts from major players.
Documents needed for incorporating a company:
- One Proposed Company Name
- Maximum 2 Business Activities company will be involved and industry.
- Paid up Share Capital (Minimum SGD of S$1/- per shareholder)
- Share Structure (Details of number of shares issued to each shareholders)
- One Company Secretary.
- One Local Registered Address for your Company Registration
- IC copy for local directors and shareholder or passport copy for foreign directors and shareholder
- Company Email address or Managing Director Email address.
- Company Contact Number
- For Foreigners – as per compliance, 1 local director (a Singaporean or a Singapore Permanent Resident) is required. (We can introduce a Nominee Director to act as your company’s local director if you required)
Our Package Includes:
- Company name check prior to company Incorporation.
- Company Registration
- 1 year Company Secretarial Services fee
- Company Constitution
- Share certificates made to shareholders
- Self-inking rubber stamp
- E-notice incorporation from ACRA
- Minutes of first board meeting
- Preparation of Resolution for opening of bank account.
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