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Singapore Company Registration

More Information
Steps to company formation - Singapore
 
 
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
 
Register your company successfully
Once your documents have been processed your company will be successfully registered.
 
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
 
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
 
 

Banking Options

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Singapore Company
Good to Know
For the past decade, Singapore is the only Asian country with the top AAA sovereign rating from all major credit rating agencies, including S&P, Moody's, and Fitch. To register your company in Singapore, a local director is mandatory. SFM provides local nominee directors.

Main Characteristics
Company type
Private Limited Company (Pte Ltd)
Information published relating to company officers
The names of directors and shareholders appear in the Public Registry. One of the directors must be resident in Singapore.
Accounting requirement
Taxation
17% above SGD 300,000, 8.5% below
No taxation on the profits earned abroad or from financial securities however a company is liable to pay tax in Singapore on income that is:
  1. accrued in or derived from Singapore; or
  2. received in Singapore from outside of Singapore.
Income Received from Abroad
Under Section 10(25) of the Income Tax Act, income from outside Singapore is considered received in Singapore when it is:
  1. remitted to, transmitted or brought into Singapore;
  2. used to pay off any debt incurred in respect of a trade or business carried on in Singapore; or
  3. used to purchase any moveable property brought into Singapore (e.g. equipment or raw materials connected to your business).
Legislation
Singapore Companies Act 1963.
Standard Currency
Singapore dollar (SGD)
Stability
Singapore is a very stable jurisdiction and has an excellent reputation.
Communication
Very efficient communication means.
Time zone
Convenient world time zone: GMT+8
Secretary required
Yes
Paid up capital requirement
No paid up capital requirement (1 SGD)
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Under Common Law.
Minimum directors/shareholders
Minimum of 1 director/1 shareholder
One of the directors must be resident in Singapore.
Bearer shares
Bearer shares are not permitted.
Documents Required
for the Creation of the Company
A certified copy Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport (or identity card), as well as proof of domicile dated less than three months.**






Singapore Company Formation


Singapore Jurisdiction News


Business boom: 4,675 new firms formed in Singapore every month

9 September 2014
Everyone is scrambling to get to the city. [..]
Continue reading
* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
17-Mar-2021
Thanks for a good job. Everything was done as it was agreed, a little bit of delay is acceptable, considering nowadays pandemic situation.
09-Mar-2021
Great professional company, whom you certainly can trust
08-Mar-2021
Great service.
05-Mar-2021
Very professional and eager to help.
04-Mar-2021
Profesionalidad y dedicación. Excelente comunicación
03-Mar-2021
Excellent service though the long duration of the process.
Nelvina was showing great patience . Thank you Nelvina THANK YOU
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