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There are many advantages in registering a Singapore company. For example, It can build an international brand, enjoy Singapore's low tax rate, achieve internationalization of assets, and obtain international capital, which will provide a good development prospect for the company.So what are the requirements for Singapore's company registration? We will give you a brief introduction. Now Singapore is a truly world financial center, trade center and technology center.More and more enterprises and entrepreneurs around the world have set up companies or offices in Singapore to serve as regional headquarters or business management centers in the Asia-Pacific region.As of December 2007, there are more than 9000 foreign companies registered in Singapore.Singapore has become a powerful springboard for Chinese enterprises to move towards the world. The Singapore Accounting and Corporate Regulatory Authority is the sole supervisor and registration authority of Singapore company registration . All companies to be registered must submit an application for registration to the Accounting and Enterprise Control Bureau and wait for approval.After the registered company was approved by the Accounting and Corporate Regulatory Authority of Singapore, it stated that it was successfully registered under Chapter 50 of the Singapore Companies Act.Normally, the company can officially start business after it has successfully registered.However, if the company is engaged in an industry that requires the approval of other Singapore government regulatory authorities,You must obtain a license from the relevant government regulatory authority before you can start business.[For example, the catering industry needs to apply for a Singapore Health Department licence, the tourism industry needs to apply for a Singapore Tourism Bureau licence, the pharmaceutical industry needs to apply for a Singapore Health Science Bureau licence, etc]. Qualification of Singapore company registration ： Anyone who is older than 18 can apply to establish a Singapore Private Limited Liability Company.The Singapore Private Limited Liability board of directors may consist of one or more directors but must include at least one local director.[Local directors refer to Singapore citizens, Singapore permanent residents or foreign entrepreneurs holding Singapore entrepreneur Pass].There are no restrictions on the shareholder composition of Singapore Private Limited Liability Company, and Even all shareholders can be non Singaporeans. Materials required to register Singapore companies： Ⅰ.Company name. Ⅱ.Registered address. Ⅲ.Business scope. Ⅳ.Registered capital. Ⅴ.Singapore company's first financial year cannot exceed 18 months. Ⅵ.Statutory Secretary of the company. Things that Singapore registered companies must know： Ⅰ.Singapore company charters and detailed rules. Ⅱ.Law - abiding affidavit. Ⅲ.Identity certificate (Scanned copy of director/shareholder ID card and passport). Ⅳ.Director's letter of appointment and affidavit of qualification. Ⅴ.Singapore company registered address and office time report form. In addition, the Managing Director, Singapore Company Secretary and Auditor Details and Stock Issue Records are required to be submitted within one month of the company's establishment. Successful registration will get these files： Ⅰ.One original certificate of incorporation. Ⅱ.Company registration information. Ⅲ.Five books of Articles of Association. Ⅳ.Company stock. Ⅴ.One commercial seal and one steel seal of the company. Singapore company registration requires you to provide the following information: Ⅰ.The name of a company that needs to be registered：English . Ⅱ.Identification documents of each member of the company: Scanned copy of passport or ID card. Ⅲ.Address proof documents of all members of the company: Scanned copies of bank statements, telephone bills, driver's licenses, etc. The general process for Singapore company registration is as follows: The client consulted our consultant to make clear the purpose of registering Singapore company. ↓ The customer selects other optional services or needs documents. ↓ The customers need to provide 1-3 company names for Company name check, usually 10 minutes. ↓ The customer signs the order and pays the advance payment (usually 80% of the total price). ↓ The company registration completed in about two work weeks. ↓ The customer pays the balance after receiving the scanned document of the registration document. ↓ Express the company documents to customers or customers themselves to extract. ↓ Follow-up services: annual fees, annual reports, changes, cancellation, free consultation of all offshore business and financial solutions. |