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Key Facts about Singapore Company Formation

Update Date:2016-4-13 9:10:02 Source:Tannet (Malaysia) Sdn Bhd Views:688

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Pre-Singapore Registration – What You Need to Know

Singapore Company name

The company must be in English as this the mother language in Singapore. Must be ended with “Pte Ltd” which means private limited. Chinese name is not acceptable by the Accounting & Corporate Regulatory Authority.

 

Shareholder and director requirements

There is no any restriction on the shareholder structure. It can be hold by anyone: natural person or corporate. Not necessary for local resident to be shareholder, it can be 100% hold by foreigner.  For the director part, it has to appoint at least one local director as required by the Singapore companies act. The local director refers to Singaporean, Singapore permanent resident or Entrepreneurship pass holders.  Shareholder can be the director as the same time.

 

Paid up Capital

There is minimum initial paid up share capital of SGD 1.  No stamp duty involves for increase paid up capital but have to file with ACRA.

 

Company secretary & Registered address

Singapore Company required appoints a company secretary and get a Singapore registered office address before incorporation.

 

Procedure for incorporation

-Complete incorporation form

-Return the application form together with complete documents

-Make payment and sign back the confirmation sheet for incorporation

-Company name search

-Preparation of legal documents to be sign by both parties

-Proceed for incorporation once receive the complete signature of documents from all parties

-Incorporation certificate issues by Accounting & Corporate Regulatory Authority (ACRA)

 

Contact us

If you have further queries, please contact Tannet

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24 hours Hong Kong hotline:86-755- 36990589;

Email: mytannet@gmail.com

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