Singapore company registration

 

Singapore's business advantage:

 

1, excellent geographical position, business advantages, radiation in Southeast Asia and the whole world, excellent trade and logistics center

2, very low business and personal taxes, the best place for personal assets transfer, Asia's tax havens

3, loose foreign exchange controls, the global banking hub, the premier international financial centre

4, mature credit system, strict business norms, the safest business nation

5, five hours of flying distance, more convenient to take care of Singapore and China's business

6, registered Singapore company, and in line with the corresponding conditions, can achieve the purpose of immigration to Singapore

 

Registered Singapore company related information

 

Singapore accounting and Enterprise Control Bureau [English abbreviation 'ACRA'] is the sole director and registered body of the Singapore Private Limited Liability Company. All companies to be registered must submit their application for registration to the accounting and enterprise control bureau and wait for approval. The company under registration was approved by the Singapore accounting and enterprise control bureau, which indicated that it had registered successfully under the 50 chapter of the Singapore company act.

Under normal circumstances, after the successful registration of the company, you can officially start business. But if the company engaged in other industries need to Singapore government regulatory approval must be made in the relevant government regulatory licence before start business [such as catering for the Singapore health department license, the tourism industry needs to apply for Singapore Tourism Bureau license, the pharmaceutical industry needs to apply for Singapore Health Sciences Authority licences]

 

Registered Singapore company conditions

 

As long as 18 years of age of legitimate citizens, may apply for the establishment of Singapore Private Limited Liability Company.

There is no limit to the composition of the Singapore Private Limited Liability Company's shareholders, and even all of them are non singaporeans.

The singapore Board of the Private Limited Liability Company can be composed of one or more directors, but must include at least one local board of directors to local [[Singapore Citizen] Singapore citizen, permanent resident of Singapore [Singapore P.R.] or Singapore business license [Entrepass]] foreign entrepreneurs.

 

Materials required for the registration of Singapore companies

 

1, company name: Singapore company name must be in English name, do not accept Chinese name registration at present;

2, registered address: the Singapore company must provide a Singapore local registered address, such as the registration address has been changed, must notify the Singapore accounting and enterprise control bureau within 14 days;

3, business scope: Singapore company can choose 2 business items;

4, registered capital: Singapore's registered capital of the minimum, from 1 yuan new currency, the maximum no upper limit. Singapore companies usually have no strict time limit for the payment of registered capital, and no stamp duty is imposed. The registered capital can be either new currency or other commonly used foreign currencies;

5, the first financial year deadline: Singapore company's first financial year can not exceed 18 months;

6. Copy of shareholder's identity card (or passport), proportion of shares, and copy of the identity card (or passport) of the company;

7, the company's legal secretary: any company within 6 months after the establishment of a company secretary.

 

Singapore company registration process

 

Fill out the registration form "name -" sign signed document "- 70% -" prepaid registration fees submitted to the government of Singapore registered "7-10 working days to complete the registration.

 

Data is obtained after successful registration:

 

1, business license;

2, registration information information (showing the company's establishment time, registered capital, paid in capital, directors, secretaries, annual reports, time and other information);

3, registration information certification;

4. Certificate of shares;

5, articles of association;

6, the first resolution document of the board of directors;

7, Singapore company seal 1 medals and 1 gold seal company business (Jiao Yinzhang);

8, bank account documents;

9, business secretarial services for the first year.

Singapore company follow-up maintenance information:

1. Within 3 months of the establishment of the company, an auditor must be hired unless the company meets the exemption clause in company law 205B or 205C.

The terms of the Private Limited Liability Company's audit exemption are as follows:

A, the company has no more than 20 shareholders

B, the company's shareholders are all individual shareholders, there is no company shareholders

C, the company's annual turnover of not more than S$5000000

2, shareholders' meeting: the 175 chapter of the company law stipulates that, before the shareholder approves the annual financial report, the company must hold a shareholder meeting (English abbreviation "AGM") to discuss the report. The first shareholders' meeting shall be held within 18 months after the registration of the company, and the shareholders' meeting shall be held in each subsequent natural year and not exceeding 15 months. The 201 chapter of the company law stipulates that the annual financial reporting date shall not be earlier than the date of the general meeting of shareholders for 6 months.

3, financial reporting: the 197 chapter of the company law stipulates that one month after the shareholders' meeting, financial statements must be made [Annual, Return].