Company Registration in Singapore

A presentation brought to you by Lawyers-Singapore.com

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Why Invest in Singapore?

• During the last few years, Singapore has developed so much it became an ideal place to open a company in.

• Investors found great opportunities to put their money into industries such as tourism, real estate and finances.

• The city state’s taxation system also provides for great benefits to those opening companies here.

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Requirements to Register a Company in Singapore >>

• According to the Singapore Corporate Law, a company must comply with the following requirements before the registration procedure:

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 the company name must be approved before company registration in Singapore;

the company must have at least one resident director;

the company must have at least one shareholder and a company secretary.

>>Requirements to Register a Company in Singapore

• The other information investors must provide relates to:

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• Foreign investors must also hire a Singapore law firm or a professional firm to conduct the company registration procedure.

the minimum share capital which for companies in Singapore is 1S$,

the company must have a registered address.

Documents for Company Registration in Singapore >>

• According to the Companies Law in Singapore, when incorporating a company, the following documents must be submitted with the Companies Registrar:

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the company name;

a description of the company’s activities;

detailed information about the company’s shareholders and directors.

>>Documents for Company Registration in Singapore

• The other documents to be filed with the Singapore Accounting and Corporate Regulatory Authority are:

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the registered address;

details about the company secretary;

the Singapore company’s Memorandum and Articles of Association.

Last Steps to Open a Company in Singapore

• After the company is registered there are a few other steps to complete before starting operating:

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opening a corporate bank account in Singapore;

obtaining the necessary business licenses;

registering for taxation purposes with the Singapore tax authorities.

Taxation of Singapore Companies

• Companies in Singapore are levied the corporate tax at a low rate, which is the main reason the city-state keeps attracting foreign investors.

• Also, various withholding taxes may be reduced or deducted based on the numerous tax treaties Singapore concluded with other countries. 

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Assistance in Company Registration in Singapore

• Clients may request the help of our lawyers in Singapore in order to determine the suitable type of company for conducting business operations here.

• For details about the requirements of setting up a company you can contact our Singapore lawyers.

 

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Thank you for your attention!

For more information, please contact us at:

+ 852 8191 3385

office@lawyers-singapore.com

www.lawyers-singapore.com10