Basic requirements to incorporate a Singapore company
A foreign person’s100% shareholder of the Singapore company
Minimum amount of authorized capital for incorporating a Singapore company
Minimum amount of paid-up capital
Increasing paid-up capital
Number of directors required for opening a company in Singapore
Singapore Company laws about foreign directors
Relocating to Singapore to manage and run foreign business
Don’t you have a Local resident to act as a Director for your Singapore Company?
Required documents to incorporate a Singapore company
Registered Address
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Basic requirements to incorporate a Singapore company
1. Anybody (a local or a foreign person) can register a Singapore company.
2. Minimum paid-up capital of $1.
3. Concept of authorized capital no longer exists.
4. Minimum of one director & one shareholder.
5. At least one director should be a local resident director (Singapore citizen, permanent resident, or EP/DP holder)
6. A local registered address
7. A local qualified company secretary
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Shareholders
A foreign person’s100% shareholder of the Singapore company
Singapore Companies Act allows 100% foreign shareholding of a Singapore company.
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Minimum amount of authorized capital for incorporating a Singapore company
The concept of authorized capital has been eliminated and no longer applicable for companies incorporated in Singapore.
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Minimum amount of paid-up capital
The minimum amount of paid-up capital is $1.
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Increasing paid-up capital
You can increase the paid-up capital anytime later after the company incorporation.
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Number of directors required for opening a company in Singapore
The recent Singapore Companies Act says, a Singapore company can be incorporated with a single director.
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Singapore Company laws about foreign directors
Foreign directors are permitted as per Singapore company incorporation laws.
But, At least one director should be a local resident director (Singapore citizen, permanent resident, or EP/DP holder)
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Relocating to Singapore to manage and run foreign business
Yes, its possible to start & relocate a business to Singapore, you will need to incorporate a Singapore company and apply for Entrepreneur Pass or Employment Pass.
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Don’t you have a Local resident to act as a Director for your Singapore Company?
1. You can act as the local director once your entrepass/employment pass is approved.
2. Otherwise, you can utilize our nominee director service to convince the necessity of a local director.
3. A local person or local employee who is ready to act as the local director, you can designate him as the local director.
Note: After the approval of employment pass, you can act as the local director for your Singapore company.
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Required documents to incorporate a Singapore company
For non-resident shareholder/director:
A passport copy
Residential address proof (such as recent utility bill, bank statement, or driver license, etc.)
For Singapore resident shareholder/director:
Copy of the Singapore ID
For a corporate entity who act as a shareholder
Copy of the Certificate of Incorporation of the parent company
A copy of the document showing the registered address and directors of the parent company
Note: All the above documents needs to be in English language
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Registered Address
All Singapore companies are legally requisite to have a registered Singapore address.
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