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Singapore company registration:Preferential policies、Basic conditions、Process and fees

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Singapore is the fourth largest international financial center in the world,With superior nature、transportation、Environmental and policy conditions,Continue to attract a large number of overseas companies and individuals to register companies。The Singapore government updates preferential measures for small and medium-sized enterprises every year,Timely grasp of these policies is particularly important for investors planning to implement them.。

Singapore company registrationPreferential policies

  1. Government subsidies and fund support
  2. Rapidly enhance the company's brand international visibility
  3. Tax rate concessions,Achieve legal international tax planning
  4. Domestic trade to foreign trade,Get more tax exemption opportunities
  5. Effectively avoid trade barriers
  6. Create favorable conditions for moving to Singapore

Basic requirements for company registration in Singapore

Company Name

Company name must be in English,Currently, Chinese name registrations are not accepted。The proposed name must not use sensitive words,nor with existing companies、The names of enterprises or organizations are the same or highly similar,At the same time, it cannot overlap with a reserved name or the name of a government agency.。The Registrar has final discretion based on approximation,decide whether to approve。

Company address

Must provide a local registered address in Singapore;If address changes,Must notify the Accounting and Corporate Regulatory Authority of Singapore (ACRA) within 14 days。

Business scope

Each company can choose up to 2 business projects。

Registered capital

The minimum registered capital is S$1,No upper limit。Singapore companies usually have no hard payment deadline requirements,No stamp duty is levied。The registered capital can be expressed in Singapore dollars or other commonly used foreign currencies.,But it is recommended to use new currency。

company director

Directors must be natural persons over 18 years of age。The board of directors may consist of one or more directors,But there must be at least one local director。Local directors refer to holders of Singapore passports、Those with permanent resident status or Entrepreneur Pass。

company shareholders

No restrictions on shareholder composition,Can be a natural person or a company,and allows 100% control by non-Singaporeans and non-Singapore companies。

Registration time

The statutory time limit for ACRA to review pre-registration applications is 14 working days,It usually takes 3 to 5 working days to be approved.。

Singapore companyRegistration process

  1. Fill out the registration application form
  2. Submit proposed company name to ACRA,Waiting for approval (approval time is generally 1 working day)
  3. After the name is approved,Draft relevant signature documents based on the name
  4. Submit signed documents to ACRA and pay for registrationcost,Waiting for approval (approval time is usually 3 to 5 working days)
  5. ACRA officially approves company establishment

Singapore company registration fees

Official registration fees must be paid to ACRA during the registration process,The specific amount depends on the company type and registered capital.,and changes with the government's annual fee adjustment。Applicants should pay the fee when submitting signed documents,to obtain approval。

The above are the basic requirements and procedures for company registration in Singapore.,If further assistance is needed,Welcome to contact professional consultants。

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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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