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A complete guide to Singapore company registration:Condition list and compliance requirement analysis

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Singapore companies can be divided into three categories::•The maximum number of shareholders for a Private Limited Company (PrivateLimitedCompany) is 50 •The number of shareholders for a Listed Company (ListedCompany) is 50 or more。After approval by local government departments,Shares and bonds can be issued to the public to raise funds。

•Foreign Company Branch (SingaporeBranchofaForeignCompany) Foreign companies can set up branches in Singapore,But only for registered branches,rather than incorporation。

Singapore company

Advantages

•If profits from offshore business are not remitted to Singapore,No need to pay any tax,Only annual returns and accounts audited by local accountants are required to be submitted every year. Private companies are exempted if their annual revenue does not exceed S$5 million.,The annual accounts do not need to be audited • Signed investment and double taxation protection treaties with many countries • Private companies are exempt from holding annual general meetings • No exchange controls,Ease of Raising Funds•Politics、The economic and trade environment is stable. Requirements for company registration in Singapore: At least one director,The director must be a Singapore citizen、Hold a permanent resident or employment pass • Company promoter must have an individual,The shares can then be held by legal person shareholders (such as holding companies) • A local resident must be appointed as the company secretary • Local company registered address Standard registered capital • 500,000 Singapore dollars Required information and time • English name of the company • Directors、Copy of the promoter’s ID card or passport • Declaration of business scope • It takes about 14 days to register a new company • It takes about 5 days to purchase a ready-made shell company If you want to know more about registering a Singapore company(Singapore)information,Please contact our professional consultants,Shenzhen Hong Kong Xintong-Business will provide you with free consulting services if you have any questions or advice,Welcome to call us at any time。

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Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong 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

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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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