Company Incorporation Package
(BASIC PACKAGE FROM S$ 595!)
CALL US AT 90612851 TO FIND OUT MORE
Our Singapore Pte.Ltd. Incorporation Services include the following:
- E-Certificate of Incorporation
- Professional service for Name application and Incorporation
- FREE Preparation of Company Constitution
- FREE Registered Office Address for 1st year
- FREE Company Secretary for 1st year
- FREE Company Business Profile
- FREE Business Website Design
- FREE Company Share Certificates
- Disbursement to ACRA for Appoint of Named Secretary
- Preparation of registration forms
Updating of Minutes and Share Register Book
- Preparations of Minutes for AGM
- First Board Meeting Resolutions
- Drafting of Director’s resolutions
- Professional consultation with Corporate secretarial issues
- Auto Filing Reminders
- Company Stamp
Why start up a Business in Singapore?
⇒ Singapore is the third-richest country in the world, ranking behind only Qatar and Luxembourg, according to Forbes magazine.
⇒ Ranked third most globalized economy among the world’s largest economies.
⇒ Corporate tax rates are only about 8.5% up to $300,000 profits and a flat rate of 17% for amounts more than $300,000.
Business Start-Up Services
Company Name Application
- Company Incorporation and Registration
Provision of Nominee Directors and Secretary
- Provision of Registered Office Address
- Opening of Bank Account
Features of a Private Limited Company
- A legal entity separate and distinct from its shareholders and directors
- It can sue or be sued in its own name
- A minimum of 1 shareholder
- A subsidiary company, with at least one individual shareholder with minimum of 10 percent shareholding, is entitled to local tax and development incentives.
CRITERIA FOR EXEMPT PRIVATE COMPANIES
For financial years commencing on or after 1 July 2015, a company for the given financial year if:
- It is a private company in the financial year in question; and
- It meets at least 2 of the following 3 criteria for immediate past two consecutive financial years:
- Total annual revenue do not exceed S$10m;
- Total assets do not exceed S$10m;
- No. of employees do not exceed 50.
- If the company is part of a group, the above test must be met on a group (consolidated) basis as well.
Company Incorporation Requirement
All private limited companies are required to have a company secretary within 6 months after incorporation. We can act as your company secretary.
Time taken to incorporate a company is approximately within 1 hour to 1 day.
Minimum paid up capital is S$1.
Minimum of one director who has to be an ordinarily resident in Singapore. i.e. Singaporean / Singapore PR / Singapore employment pass holder. Minimum 1 individual Shareholder or 1 corporate body as 100% shareholder is required. You do not need a Singaporean for a shareholder.
- A Singapore Registered Office Address
The Company Secretary is an officer of the company, primarily responsible for the company’s corporate compliance and upholding of corporate governance. All Singapore companies are required by law to appoint a Company Secretary. This position cannot be vacant at any time for more than six months. A sole director of a company is not allowed under law to act as Secretary. The Company Secretary must have sound knowledge of the corporate regulations and company law in Singapore.
Registered Office Address
All Singapore companies are required to have a registered address. As part of our incorporation package, we provide your company with our registered address service at no additional charge for the first year. Following that, you can renew this service with us annually at a very attractive rate.
A private limited company requires at least one individual director who has to be an ordinary resident of Singapore ie being one of the following: – Singapore citizen OR – Singapore permanent resident OR – Singapore employment / dependant pass holder. Our representative may act as your company’s local director if you have difficulties appointing a director of your own.