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How do Chinese register a Singapore company?

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How do Chinese register a company in Singapore? There are many benefits to registering a company in Singapore today.,How to register a company in Singapore? How do Chinese register a Singapore company? Many Chinese plan to register companies in Singapore,Thus expanding the company’s strength and background。Register a Singapore company

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Not high,The following brings you relevant knowledge about "Registering a Singapore Company",There may be something you need in this。

Registering a Singapore company

Advantages

  1. Excellent company reputation. The Singapore government has a strict registration and approval system for registering Singapore companies.,and requires at least one local director in Singapore as a guarantee,There are also corresponding strict systems for subsequent company maintenance.,This measure ensures that Singapore companies enjoy an excellent corporate reputation。
  2. Asia’s tax haven Singapore’s corporate and personal tax rates are extremely low,And further enjoy relevant tax-free benefits,Under strict supervision,and maintain long-term stable low tax rates.,This enables Singapore companies to enjoy an excellent reputation while,Become a tax haven。
  3. Realization of asset transfer Singapore implements loose foreign exchange control policy,Many foreign banks,And long-term stable low tax rates,Making it the best place to transfer personal assets。

Singapore does not impose inheritance tax。

  1. Possibility of immigrating to Singapore Registering a Singapore company,and after meeting the corresponding conditions,You can immigrate to Singapore。
  2. Trade and Logistics Center Singapore’s Strategic Location,Make it a world-class maritime and air transportation hub。Singapore companies can take advantage of the developed mainland,sea,air transportation channel,business

Advantages

Radiating to Southeast Asia and even the world。

  1. Free Trade Agreement Network Singapore currently has the largest free trade agreement network in Asia,Facilitate enterprises to enter the international market effectively and easily。Major economies that have signed agreements with Singapore include:USA,Japan,China,Australia,new zealand,European Union,Jordan,Chile,South Korea,India and Panama etc.。 Possibility of listing and financing。Singapore is a country other than China,The country with the largest number of Chinese listed companies。

As of the end of 2009,Among foreign companies listed on the Singapore Exchange,More than 40% are Chinese companies。By listing on the Singapore Exchange,Chinese companies can raise funds from international capital markets,Enjoy international reputation,and benefit from a comprehensive and transparent regulatory framework。 Things to note when registering a company in Singapore: Company Name: The name of the Singapore company must be in English,Registration of Chinese names is currently not accepted。

The name of the pre-registered company cannot be: 1) Bad name 2) With existing company,The name of the business or organization is the same 3) as the retained company,The name of the enterprise or organization is the same 4) The name of the Singapore government agency is the same. It must also be noted that,If the name of the pre-registered company is the same as that of an existing or reserved company,If the name of the company or organization is very similar to,The registration officer will use his or her discretion to approve or reject the name application.。

Company address: Singapore companies must provide a local registered address in Singapore,If the registered address changes,Must notify the Accounting and Corporate Regulatory Authority of Singapore within 14 days。 Business scope: Singapore companies can choose up to 2 business projects。 Registered capital: The minimum registered capital of a Singapore company starts from SGD 1,There is no upper limit to the maximum。Singapore companies usually have no strict time limit for paying up their registered capital.,No stamp duty is levied。

The registered capital of a Singapore company can be Singapore dollars,It can also be other commonly used foreign currencies.。But it is recommended to use new currency。 company director: Directors of Singapore companies must be natural persons over 18 years old。 The board of directors of a Singapore company may consist of one or more directors,but must include at least one local director。Local directors refer to Singapore passport,Singapore green card or Singapore Entrepreneur Pass holders。

company shareholders: There are no restrictions on the shareholder composition of Singapore companies,Can be a natural person,It can also be a company。 A Singapore company can be 100% controlled by non-Singaporeans or non-Singapore companies. Registration time and process: The statutory time limit for the Accounting and Corporate Regulatory Authority of Singapore to review an application for pre-registration is 14 working days.,But it usually takes 3 to 5 working days to be approved。

Process of registering a company in Singapore 1、Material preparation process

  1. Company name determination:Singapore company name in English,And registration of Chinese names is not accepted,To PTE.LTD. (Private Limited)End。
  2. Company address:Singapore companies must provide a local registered address in Singapore;The company's operating and contact addresses may differ from its registered address。
  3. Business scale:since 2005 The Company Law will be revised in 2016,Unless the company's articles of association restrict the company's business scale,Singapore companies can engage in all legal operating activities,However, you need to select one or two main businesses of the company when registering.。
  4. Registered capital:The registered capital of a Singapore company is as low as 1 From SGD,There is no upper limit to the maximum,And there is no strict time limit for paying the registered capital in full.;You can freely increase the registration cost later and no stamp duty will be levied.。
  5. Assert singapore directors:Register a Singapore company with at least two founders or directors (over 21 years old),But it is necessary for the company to have at least one local director,If the company has foreigners as directors or shareholders,You need to find an accounting company to register。 Local directors must meet one of the following conditions: a、Singapore Citizenb、Singapore Permanent Resident (PR) c、Entrepreneur Pass holder and one secretary:It is necessary for every company to appoint a company secretary。

The company secretary must be a local resident,and must be a member of ACIS,Member of the Singapore Secretaries Association; two、Register on the official website of the registration bureau after the materials are determined,Just PR or citizen of the company,You can register directly on the official website of the registration bureau,Or go directly to the registration bureau and ask the staff to help you register.,You can also go directly to the accounting company to register。

three、After registering the company, customers will receive:

  1. An original copy of company registration certificate (business license)
  2. A copy of company registration information (showing the company establishment time、Registered capital、Pay full capital、director、secretary、Audit and other materials)
  3. Company shareholder shares (generally stored in a secretarial company)
  4. Original Articles of Association 2 share
  5. Company seal 1 company trade seal 1 pieces (offset seal)
  6. The company’s fixed business registration address. The above is the content of the process of registering a company in Singapore.,Have you ever had other questions about registering a company in Singapore?,can answer for you。

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Picture of Li Yunqing

Li Yunqing

Li Yunqing once served as a senior account manager for a licensed corporate service provider (CSP) in Singapore,Register with ACRA Company、Directors and Shareholders Declaration、Rich practical experience in equity structure establishment and tax declaration。She is familiar with Singapore business registration regulations、Annual filing and beneficial ownership disclosure requirements,and prepare for company compliance audits、Business record keeping regulations are very familiar。She has helped multiple multinational technology and fintech companies complete Singapore entity registration and ongoing compliance management.。

Areas of expertise:ACRA registration、Establishment of equity structure、tax declaration、business registration regulations、Beneficial Ownership Disclosure。

Previous institutions:Licensed CSP in Singapore & Corporate service organization

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