Asia Corporate Advisory

Incorporation | Singapore Resident | private limited company

Singapore Company Incorporation 

You are at: Incorporation | Singapore resident | Private limited company

 

Overview. Package. Process. FAQs.

 

a private limited company

Is a separate legal status from its shareholders and directors. It is the most popular business entity in Singapore as the owners or shareholders of the company have limited liabilities for the debts and losses of the company. This is unlike business entities such as a Sole Proprietorship and Partnership where owner or partners are personally liable for all liabilities of the entity.


package

S$ 1,200 Nett, inclusive of the following:

  1. Company name check and reservation

  2. Company registration fees

  3. Company constitution or memorandum and articles of the company

  4. Electronic certificate of incorporation

  5. Compliance corporate kit - company registers, share certificates, and minutes book

  6. Minute and resolution for first board meeting

  7. Minute and resolution for first bank opening

  8. Company rubber stamp

  9. Company common seal

  10. Complimentary 12 months company secretarial services

  11. Complimentary 12 months business advisory support

  12. Free 6 months cloud accounting subscription to track business performance and to comply with tax (IRAS) and accounting (ACRA) requirements


PROCESS

Step 1: Submit the details below

Let us know that you wish to proceed forward with us by completing the form below and clicking on "Submit" button. Upon receipt of your request, our service partner will follow-up with you to clarify any questions you might have and to advice you of the next steps.

Step 2: Collate your documents

We will check the availability of the proposed company name. We will also send you the relevant forms for you to furnish the required details. Supporting documents will be required to facilitate the due diligence work and preparation of the incorporation documents accordingly.

Step 3: Make payment

Upon receipt of the completed registration details form and due diligence clearance, we will send you an invoice for our services. We will proceed to incorporate the company once we received your payment for our services. We accept bank transfer and local cheque.

Step 4: Incorporate Company

Upon the signing of the incorporation documents, we will proceed to register the company with Accounting and Corporate Regulatory Authority of Singapore (ACRA). Once the company has been incorporated, you may proceed to open a corporate bank account.


FAQ

1. What are the documents and information required for incorporation of a company?

  • For each Singapore resident individual shareholder and director:

    • Copy of Singapore IC; or

    • Copy of passport if the individual is not a citizen of Singapore

  • For each non-resident individual shareholder and director:

    • Copy of passport; and

    • Copy of residential address proof such as a recent utility bill, residential phone bill, tax bill, or cable TV bill

  • For each corporate shareholder:

    • Copy of the certificate of registration; and

    • Current extract of company particulars from Registrar of Companies; and

    • Copy of the constitution of the company; and

    • A board resolution approving the incorporation of the Singapore company and the proposed shareholding

    • Company group structure, where applicable

NOTE:

  • All documents above must be in English or officially translated in English

  • All copies of documents must be certified true copies by a notary public if any of the directors or shareholders (individual or corporate) is a non-resident of Singapore (ie. foreigner)

  • If you are overseas, you can email us the scanned copies of documents so we can proceed with preparing the necessary incorporation documents.

  • Our compliance department may ask for additional information if necessary

2. What are the key requirements to register a company in Singapore?

  • At least one shareholder (individual or corporate entity). A foreigner is allowed to own 100% shareholding in a Singapore Company

  • At least one director must be a local resident of Singapore (Singapore Citizen or Singapore Permanent Resident)

  • One company secretary residing locally in Singapore. He/ she must not be the sole director of the company

  • Initial paid-up share capital of at least S$1

  • A physical Singapore office address

3. How long does it take to incorporate a Singapore company?

  • The actual incorporation of a company can be accomplished within a day after our due diligence clearance. However, the overall process can take anywhere from one day to few weeks depending on the furnishing of the incorporation documents required and of the approval from ACRA


Incorporate Your Company Now!

 
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