Incorporate a Company in Singapore effortlessly

Your one-stop destination for setting up a company in Singapore quickly and easily

Advantages of incorporating a company in Singapore

01

Business Focused Environment

Private companies enjoy the privilege of 100% foreign ownership
‍- Vibrant investor, startup, and venture capital communities
– Efficient and world class regulatory environment
– Streamlined incorporation process

02

Low Tax Rates

Reduced tax rate for the first 3 years at 75% exemption on the first $100,000  and  further 50% exemption on the next $100,000 of  chargeable income
– 0% tax on dividends and capital gains
– Low corporate and personal tax rates

03

Access to  Talent pool

Large number of global and local talent pool
– Gateway to ASEAN region
– Well connected to USA, Europe and Asia

Requirements for opening a company in Singapore

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    Frequently Asked Questions

    The process involves several steps, including selecting a company name, appointing directors and a company secretary, deciding on the company's business activities, and registering with the Accounting and Corporate.

    Regulatory Authority (ACRA)

    The requirements include at least one director who is a Singaporean resident, a local registered office address, a company secretary within 6 months of registration, and a minimum paid-up capital of S$1. 

    Yes, foreigners can set up a company in Singapore. However, they must appoint a resident director who is either a Singaporean citizen, permanent resident, or holder of an Employment Pass or Entrepreneur Pass. 

    No, physical presence is not required. Company incorporation procedures can be completed online through the ACRA website or with the help of a registered filing agent. 

    With all necessary documents and information prepared, the incorporation process usually takes 1 to 3 days. However, it may take longer if additional approvals or documents are required. 

    Companies in Singapore must comply with various ongoing requirements such as filing annual returns, holding annual general meetings, maintaining proper accounting records, and renewing business licenses and permits as necessary. 

    Yes, you can change the company name or business activities after incorporation by filing the necessary changes with ACRA. However, certain restrictions and procedures may apply. 

    While it's not mandatory to open a corporate bank account in Singapore, it's highly recommended to facilitate business transactions and comply with financial regulations. Many banks in Singapore offer corporate banking services tailored to business needs. 

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