新加坡拥有世界一流的港口与国际机场，is international finance、One of the trade and shipping hubs，And have mature tourism、communication、finance、Education and the Free Economic System。With a stable political environment、Excellent location、Complete infrastructure and an all-English business environment，Singapore has become an overseas market for Chinese companies to expand their presence、An important choice for building an international architecture。
For companies planning to “go global”，Registering a company in Singapore not only helps expand international trade、Financing and brand image，It can also serve as an efficient platform connecting China and the global market.。In the "2014 Doing Business Report" released by the World Bank，Singapore ranks first among 189 economies in the world for business environment for the 8th consecutive year，Fully reflect its institutional efficiency and business friendliness。
Singapore company registrationcore advantages
Easy business registration、Lower processing costs
Singapore business registrationThe procedure is relatively simple，lower cost，This has attracted a large number of multinational companies and international investors to set up business entities.。
Adults of any nationality (over 18 years old)，Just provide Singapore registered address，appoint aSingapore Director、a local secretary，and prepare company name、Articles of Association and Articles of Association、certificate of identity、Company registered address and office hours report form，Company registration can be completed within 3 working days。
The Business Registration Authority of Singapore is the sole authority for business registration，All company establishments need to apply for registration with the Commercial Registration Bureau。except bank、finance、Insurance、securities、Communications and other industries，And production industries that have an impact on the environment need to apply for licenses from other government departments.，Other business establishments and companies usually only need to register through the Commercial Register，Ready to start business。
Registered capitalLoose conditions
Singapore company law，The minimum registered capital for setting up a company is S$100,000，and implement a subscription system。Shareholders may decide to increase registered capital and paid-up capital at any time，Capital does not need to be actually in place，只需在新加坡商业注册局填写表格并缴纳相关费用即可。
Clear supervision of business activities、Fewer administrative constraints
After the company completes registration in Singapore，Daily supervision mainly relies on the implementation of a sound legal system，including labor protection、intellectual property、Environmental protection, etc.。The government usually does not conduct routine administrative management of enterprises。
Singapore implements annual reporting system，The company needs to within one month after the general meeting of shareholders，Submit annual returns as required，and submit audited financial statements at the same time。The government’s understanding of business operations，Mainly from corporate annual reports。
High degree of investment liberalization
Singapore opens up foreign investment access，Fewer restrictions on business scope，and encourage enterprises to invest overseas。Except for national defense-related industries and some special industries，Singapore usually has no industry restrictions on foreign investment.，Business、foreign trade、lease、marketing、Markets such as telecommunications are relatively open；But foreign capital entering finance、Insurance、Securities and other special fields，Need to be reported to the competent authority。
Singapore has also formulated a series of policies to support and encourage local companies to invest overseas.，Includes Overseas Corporate Incentive Scheme、Internationalization Roadmap Plan、Overseas investment double deduction scheme, etc.。
High level of financial liberalization
As the world’s fourth largest financial center，Singapore has completely abolished foreign exchange controls。There are no restrictions on remittance of corporate profits out of Singapore，No specific taxes or fees are payable。Foreign-funded enterprises only need to provide relevant documents as required by the bank，You can freely open a bank account in Singapore。
Foreign-funded enterprises can also apply to local banks in Singapore、Foreign banks or other financial institutions apply for financing business。Enterprise Singapore、The Economic Development Bureau and other agencies also provide preferential financing conditions to foreign companies.，For example, new business development plan、Entrepreneur Incentive Program etc.。
High level of trade liberalization
Implemented in Singaporefree trade policy，Trade facilitation is at a leading level。at present，Singapore has one of the most extensive free trade agreement networks in Asia，Facilitate enterprises to enter international markets efficiently。
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.。
Lower corporate tax rate
Singapore implements unified regulations for domestic and foreign-funded enterprisescorporate income taxpolicy。Taxpayers of corporate income tax include companies incorporated in Singapore in accordance with Singapore law、Foreign companies registered in Singapore，and foreign companies that are not established in Singapore but have taxable income derived from Singapore in accordance with the Singapore territorial principle (except partnerships and sole proprietorships)。
Singapore has one of the lowest corporate and personal income tax rates in the world，Personal income tax rate is 3.5%-20%，The corporate income tax rate is only 6%-18%。Three years before new company registration，Tax exemption for annual turnover less than S$100,000。
In terms of tariffs，Singapore’s policies are relatively loose。Except alcohol、Tobacco (including cigarettes)、oil、Other than motor vehicles，Singapore exempts all imported goods from tariffs。international shipping services、Transportation services related to import and export，and cargo handling related to import and export、carry、Insurance and other services，Zero tax rate applies。
Convenient movement of natural persons
There are many types of work visas in Singapore，Whether you are engaged in high-end R&D、The “gold-collar” class in management work，Or are they blue-collar workers engaged in basic positions?，You can apply for different types of visas based on your academic qualifications and skill levels.。
In accordance with the "Foreign Manpower Employment Act"，Singapore implements quota system for foreign workers，Different industries have different quotas，For example, the manufacturing and service industries are 60% and 45% respectively。Employers who hire foreign labor must also pay labor taxes to the government，The amount of labor tax will vary according to different industries、Varies with skill levels and the proportion of foreign labor employed by employers。
Convenient to take care of business in China and Singapore
Singapore is about 5 hours flying distance from China，For business owners and management teams who need to manage operations in both Singapore and China，Highly convenient for business transactions。
Documents and information required to register a company in Singapore
- Proposed company name：It is recommended to provide two to three proposed names，Company name must be in English only。
- A copy of the shareholder’s ID card (Singapore residents) or passport (non-Singapore residents) and address；If the shareholder is a corporate body，Company registration certificate and registered address are required。
- A copy of the director’s (or shadow director’s) identity card (Singapore residents) or passport (non-Singapore residents) and address；If the director is a body corporate，Company registration certificate and registered address are required。
- If the company needs to provide a proxy director，Clients need to provide bank credit certificates of the directors behind the scenes，Or a letter of introduction from a professional，For example, a letter of introduction from a lawyer or accountant。
- company's authorized capital、Amount of issued capital and share allocation ratio。
If no special instructions，The actual issued capital of the company is SGD 1。
Procedure for registering a company in Singapore
- Provide the name of the Singapore company to be registered。
- Confirm if the company name is available。
- Reservation of company name with ACRA。
- Submit the articles of incorporation of the proposed company to the Accounting and Business Registration Authority of Singapore，and pay the specified amount of registration fee。
- Simultaneously submit other documents required for registration。
- Certificate of incorporation issued by the Accounting and Business Registration Authority of Singapore，and receive the registration certificate。
- After receiving the company registration certificate，Complete subsequent establishment procedures。
Related services and precautions after Singapore company registration
- Bank account opening：A bank account must be applied for after the company is established.，Account opening generally requires directors to visit the bank in person.。
- annual report：Singapore companies are required to report to the Registration Authority and the Inland Revenue Department once a year.。
- accounting audit：Singapore companies that do business must keep accounts、audit。Companies can choose to do their own accounting，But the audit must be conducted by a certified public accountant or auditor。
- Employment Pass EP Application：After applying for Employment Pass EP，Free travel to Singapore、Hongkong、China，and make it easier to apply for U.S.、Australia、Visas for the UK and other European and American countries，Convenient for business and tourism；Spouse can obtain DP to live in Singapore，Children can study in Singapore government schools。After getting EP，还可申请新加坡永久居民权PR（绿卡），Achieve planning goals for immigrating to Singapore。
Singapore company registration involves company structure、Director arrangement、Bank account opening、tax compliance、Annual review and annual report and follow-up permit planning and other aspects。Hong Kong Xintong can be combined with corporate cross-border business models、Fund Flow and Compliance Requirements，Assist in formulating a more stable plan for the establishment and operation of Singapore companies。
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。
