Any business that wants to operate in Singapore must first be registered with the Accounting & Corporate Regulatory Authority (ACRA).

Tax exemption is the key advantage of incorporating a private company in Singapore in comparison to Limited Liabilities (LLP). Being a private company, there will be up to $200,000 tax profit annually of full-tax exemption in the first 3 years of incorporation. However, if requirements are not met, a partial tax exemption is still covered.

Our Incorporation package of $800 will include the following:

• ACRA company name check and reservation
• ACRA incorporation fee
• Memorandum & Articles of Association
• Compilation and preparation of financial statement in compliance with Companies Act and Singapore Financial Reporting Standards (FRS)
• Minutes of first board of directors meeting
• Creations of share certificates
• Provision of e-certificate of Incorporation
• Preparation of resolution and to arrange mobile banker for opening of corporate bank account

Requirement to be incorporated in Singapore:

• A minimum of 1 local resident director is required to set up a company.
• The Directors must be at least 18 years of age and must not be bankrupt, or convicted for any malpractice in the past.
• Share capital of minimum of S$1.00
• A Shareholder can be a company Director too.
• For a local private limited company, the minimum shareholder is 1 and the maximum shareholders are up to 50.
• As per Section 171 of the Singapore Companies Act, a qualified company secretary must be appointed in every company within 6 months of its incorporation. The Company Secretary must be a local resident in Singapore.
• Foreigners that want to set up a company in Singapore is required to have a local director in the company.

 

We can provide as following:

• Directorship:
  At least one director must be a Singapore Resident (Local Director) We can provides nominee directors services for company who do not has a local director
• Company Secretary
  A company secretary who must be a natural person.
  We can provide you with a named company secretary

 

CALL US at Tel: 6894 7861 or email to This email address is being protected from spambots. You need JavaScript enabled to view it. to incorporate your Private Limited Company Now