A detailed explanation of the company registration process in Singapore + company annual review process. Many large Chinese companies register companies in Singapore.，Now as the company's first step into the world，Manager Peng Yi gave a unified answer to the "company registration process" and "company annual review process" that everyone is currently paying more attention to.。 Let’s first talk about the process of registering a company in Singapore.，Let's take a look at a table。
According to the contents of this chart，Register a company in Singapore，The consultation is divided into the following steps:：
- Determine the following materials to register a Singapore company a. Company name：Singapore company name in English，And registration of Chinese names is not accepted，Ending with PTE.LTD.(Private Limited)。
b.Company address：Singapore companies must provide a local registered address in Singapore；The company's business and contact address may be different from its registered address。 c.Business scope：Since the revision of the Company Law in 2005，Unless the company's articles of association restrict the company's business scope，Singapore companies can engage in all legal business activities，However, you need to select one or two of the company's main businesses when registering.。
d.Registered capital：The minimum registered capital of a Singapore company starts from SGD 1，There is no upper limit to the maximum，And there is no strict time limit for paying up the registered capital.；The registered capital can be increased freely later without stamp duty.。
- After registration information is confirmed，Company shareholders and directors are only PRs or citizens，You can register directly on the official website of the registration bureau=，Or go directly to the registration bureau to find staff to assist with registration，You can also go directly to the accounting company to register，Generally accounting companies provide business secretary and nominee director services.。If the company has foreigners as directors or shareholders，You need to find an accounting company to register。
Let’s talk about the company’s annual review process，Let’s look at a table first： According to the contents of this chart，Annual financial statements need to be prepared first，Convene another Annual General Meeting (AGM)，The accounting chronology and financial reports are then submitted to the Registrar (AR)，Report taxes to the tax bureau at the same time，This series of work is conducted once every financial year。
Let’s explain these terms one by one.： Financial Year Currently, Singapore does not stipulate that a company’s financial year must be at a specific time.，Therefore, companies have the freedom to choose their own financial year。It is usually the time when the company determines the relevant financial year with the accounting firm during the first annual review.，The first financial year is acceptable as long as it does not exceed 18 months，The financial year can also be changed after filing.。
Annual Financial Statement Annual Financial Statement is to assist companies incorporated in Singapore，According to government departments
Require
，Compile annual accounting accounts and prepare annual financial reports，The report includes accounting，Prepare directors' report，Director's Statement，损益表，balance sheet，Cash flow statement and classification notes, etc.。
Annual General Meeting AGM Report The Annual General Meeting (AGM) means that the company must report within 18 months after its establishment.，Annual shareholders meeting chaired by the company secretary，Resolutions voted and signed by all directors。 Annual Tax Report Annual Tax Report is to assist companies incorporated in Singapore，According to the government tax department
Require
，Prepare annual accounting accounts，Annual tax estimation and filing of tax return forms。
Corporate Tax Reporting Regulations of the Inland Revenue Authority of Singapore，in each financial year，Singapore private limited companies must file corporate tax returns with the Inland Revenue Authority of Singapore。Corporate tax is paid based on the company's pre-tax profits for the financial year，rather than turnover。The corporate tax rate for private limited companies in Singapore is 17%。(New company just registered，first three years，The first 100,000 annual profits are tax-free) Go here，This ends the sharing of experience in registering a company in Singapore.。
For registering a Singapore company，If you have any questions，Consultation can answer。
About Hong Kong Xintong
Hong Kong Xintong focuses onHong Kong Securities and Futures Commission license、Hong Kong Insurance Broker License、Hong Kong MSO Licenseandmoneylenders licenseApply for service，Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。
