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How many secretaries are needed to register a company in Singapore?

Financial card care question

Singapore is one of the richest countries in the world,Its economic model is called "state capitalism",and with a stable political situation、Known for its clean and efficient government。Singapore is an important financial、One of the service and shipping centers。Ranking of the Global Financial Centers Index,Singapore is the successor to London、The fourth largest international financial center after New York and Hong Kong。Singapore is also one of the most international countries in the world。Singapore Company Secretary Statutory

Require

What is it?

Section 171 of the Singapore Companies Act

Require

All companies have at least one secretary (but can have more),Office Secretary positions cannot be vacant for more than 6 months at any time。The secretary is appointed by the directors of the company,The secretary must be an individual whose principal place of residence is in Singapore。If the company has only one director,Also need to hire a company secretary。

A Singapore limited company must have at least 2 directors,One of them must be a Singapore Citizen or Singapore Permanent Resident or Employment Pass holder。

The general process required for Singapore company registration:

  1. Name of the fund or foundation:全英文大写XXXFOUNDATIONLTD.
  2. Providing two or more members,ID card、passport,Electronic file is enough
  3. Submit materials
  4. wait patiently,Review takes 10-25 working days
  5. Check the completed registration documents and register a Singapore company,Can run business locally,Can also be used to operate offshore businesses。

Its superior geographical location makes it a world-class maritime and shipping transportation hub。and the Singapore Economic Development Board、international enterprise development bureau、Tourism bureau、and tax bureaus and other government departments have provided a number of tax incentives and relief measures,Registering a company in Singapore while enjoying an excellent reputation,and become a tax haven。


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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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