Opening a Company in Singapore
Singapore’s strategic location has made it a premier financial, services, and shipping hub in Asia. Ranked as the fourth global financial center, Singapore offers an ideal environment for businesses looking to expand across Asia and beyond. Its membership in key global organizations like ASEAN and WTO further enhances its international trade capabilities.
Advantages of Setting Up a Business in Singapore:
Prime Location
Singapore serves as a logistics and financial gateway to Asia.
Immigration Opportunities
Foreign investors may obtain residency status, enabling access to local healthcare, education, and other services.
Favorable Tax Policies
Singapore offers competitive tax rates and numerous incentives.
Robust Financial System
Its free-market economy supports seamless access to international resources.
Company Registration Requirements:
Types of Companies in Singapore:
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Private Limited Company: Limited to 50 shareholders.
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Listed Company: For public offerings, with over 50 shareholders, subject to government approval.
Company Registration Requirements:
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Minimum S$1 share capital.
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At least one shareholder (individual or corporate, no nationality restrictions).
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One local director (Singapore citizen, permanent resident, or permit holder).
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Registered business address in Singapore.
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Defined business activities (up to two industries).
Required Documentation:
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Constitution and articles of association.
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Legal compliance declaration.
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Proof of identity (passport or ID).
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Director appointment and qualification declaration.
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Registered office address and operating hours report.
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Details of company directors, secretaries, auditors, and share issuance.