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New company incorporation
Sino Secretary can help you with the company incorporation services in Singapore
in the shortest possible time and at the lowest cost.
in the shortest possible time and at the lowest cost.
There are 2 ways of getting a company in Singapore:
A new company incorporation (tailor-made company)
In this section you will find useful information on how to set up a new company in Singapore.
Time frames
Company registration in Singapore is an easy and fast process. With all the necessary documents in hand, a business can be incorporated in just 1-3 business days.
Company registration in Singapore is an easy and fast process. With all the necessary documents in hand, a business can be incorporated in just 1-3 business days.
A purchase of a ready-made company (Shelf Company)
Understanding Singapore’s company registration requirements
Shareholder
- At least one;
- Any nationality;
- Corporate shareholder allowed;
- Between 1-50.
- S$1
- At least one, who is a Singapore citizen, Permanent Resident, or holder of an EntrePass visa;
- Corporate director are not allowed
- Foreign-resident are allowed as long as there is at least one Singapore-resident director.
- Must be unique
- Shortlist 2-3 names to check the availability
- Necessary to have;
- Must be Singapore resident
- Within 3 months of registration, every company must appoint an auditor, unless the company is exempted from audit
- Physical address;
- P.O. box is not accepted
Director
Company secretary
Local registration address
Paid-up/share capital
Company name
Auditor
Required documents
when incorporating a business in Singapore
when incorporating a business in Singapore
To register your company in Singapore you need to process the required documents via ACRA. You will need to provide:
- Company name,
- Details of shareholders,
- Details of directors,
- Registered business address,
- Share capital details,
- Company’s constitution.
Foreigners who want to register their business in Singapore need to hire help to set it up, as according to the regulations a foreign individual/entity cannot self-register their company.
Collecting of all necessary documents
We will provide you with a comprehensive list of all the necessary documents and will check for compliance
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Obtaining approval for the company name
Usually, we ask to shortlist a few company names and then our experts check availability of the names. You may find out whether your suggested company name is approved/rejected within a day.
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Signing of incorporation document
When the company name is approved, the following documents should be prepared, signed and filed to ACRA:
- Company Constitution,
- Consent by each company director,
- Consent by company secretary,
- Declaration of the company’s controllers.
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Depending on the activities that your business will be doing, you might also need to apply for business licenses. You will complete this process after registering your company and before starting your business.
Registering the company
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(if applicable): Registration for Goods and Service Tax (GST)
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If you expect your business’s annual turnover to exceed S$1 million, then you must register for Goods & Services Tax, or GST (also referred to as value-added tax, VAT, in many countries).
Once the company registration procedure is successfully completed, we can Open a corporate bank account.
Our New Company Incorporation Kit includes:
Once the company registration procedure is successfully completed, we can Open a corporate bank account.
Our New Company Incorporation Kit includes:
- Company name availability check;
- Preparation and filling of all the required documents;
- Payment of all government fees;
- One-year company secretary;
- New company kit (Share Certificate, all corporate documents, company chops, etc.).
(if applicable): Business Licenses Application
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Once all the documents are ready and signed, we can register your company with the Accounting and Corporate Regulatory Authority (ACRA). The process is fully digitalized and will take just a couple of hours.
ACRA will issue the following official documents:
ACRA will issue the following official documents:
- e-Certificate of Incorporation. This is an official electronic document confirming the registration of a company in Singapore. The certificate shows the name of the company, the date of the incorporation, and the company registration number called Unique Identification Number (UEN). A hard copy of the certificate of incorporation is not issued by ACRA by default; it is not required in Singapore.
- Business Profile (”Bizfile”). This document shows the corporate structure of the company. The information contained in the document includes the company’s primary business activity, registered address, details of shareholders and directors, and shareholding structure.The business profile is the identity card of the company.
- Memorandum & Articles of Associations (“MAA”). A company’s constitution is a legal document that regulates the activities of the company. It outlines rules and procedures to govern the company; every company must ensure that the execution of their business is in consonance with its constitution.
Here is a step by step guide for company incorporation in Singapore:
