What is included in this Service?
– Company Name Application Fee (Worth S$15)
– Company Incorporation Fee (Worth S$300)
– 1st year Appointed Secretary for your company (Worth S$360)
– 1st year Registered office Address for your Company (Worth S$120)
– Constitution of Company
– Share Certificates to Shareholders
– Minutes of First Board Meeting
– Statutory Register of Directors, Secretaries & Members
– Company Business Profile from Regulatory Authority
– Common Seal of the Company (Worth S$80)
What is Required for Incorporation of the Singapore Company?
– Approved Company Name by Regulatory Authority (ACRA)
– Business Activities
– Share Capital (Paid Up) – Minimum S$ 1
– Particulars of Director with proof of identity (e.g identify card or passport)
– Particulars of Secretary with proof of identity (e.g identity card or passport)
– Particulars of Shareholder with proof of identity (e.g identity card or passport)
– Allocation of Shares to Shareholders
– Constitution of Company
– Common Seal of the Company
- Perpetual Succession on its own
A minimum of 1 Singapore resident Director is required and a minimum of 1 shareholder is required (individual or corporation).
Foreign Investors who wish to incorporate a company in Singapore are required to appoint a local resident director. We can act as a local resident director in your company via our nominee director service
Should you want to relocate to Singapore to manage your company, you will need to submit an application for Employment Pass to Ministry of Manpower (MOM). Once you have obtained your Employment Pass, you can then act as the local resident director, without appointing another Local Resident Director.**
**Conditions Apply. For more information, kindly visit the Ministry of Manpower website at (http://www.mom.gov.sg)
Benefits of Incorporating a Singapore Registered Company!
- Exemption of audit requirement for small company or small group of companies (effective 1st July 2015)
- Limited Liabilities and as such protecting your personal assets
- Legal and separate entity on its own
- Perpetual Succession on its own
- Tap on government grants to improve productivity & innovation of the company’s operations.
- Newly Setup Companies enjoy substantial tax savings on its first 3 years of assessments.
- Companies will benefit from Tax Exemption Scheme for New Start-Up Companies for their first 3 consecutive YAs, which is 75% exemption on the first $100,000 of normal chargeable income and a further 50% exemption on the next $100,000 of normal chargeable income.
- No Monetary Control Regulations/ Policy
Advantage Corporate Services offers a one-stop solution for company incorporation services in Singapore. Our company incorporation services are quick, online, and expedited to a business account. All government costs and essential services are covered for foreigners and Singaporeans. We can set up your business in 30 minutes using our company incorporation services in Singapore. Furthermore, our company incorporation services in Singapore are relatively easy because there is no need to be present in Singapore to establish a business here.