Procedures and Requirements for Company registration in Singapore
Sandhurst, a leading business consultancy firm in Singapore provides guidance and assistance on company registration, accounting and tax, payroll and other business related services. Visit http://www.e-sandhurst.com/ for more information.
Sandhurst, a leading business consultancy firm in Singapore provides guidance and assistance on company registration, accounting and tax, payroll and other business related services. Visit http://www.e-sandhurst.com/ for more information.
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Do you know S<strong>in</strong>gapore's location provides resident<br />
bus<strong>in</strong>esses access to huge consumer markets like Ch<strong>in</strong>a,<br />
India, Malaysia, Indonesia, Taiwan <strong>and</strong> Vietnam?<br />
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S<strong>in</strong>gapore is named as the easiest place to do bus<strong>in</strong>ess by<br />
the World Bank Bus<strong>in</strong>ess Report. It’s also considered as the<br />
country which offers a favorable environment to start<br />
bus<strong>in</strong>ess. So many entrepreneurs are shift<strong>in</strong>g to S<strong>in</strong>gapore<br />
with their bus<strong>in</strong>ess proposal to exp<strong>and</strong> their bus<strong>in</strong>ess <strong>and</strong><br />
earn profit.<br />
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• Here are a few th<strong>in</strong>gs to be taken <strong>in</strong>to consideration<br />
be<strong>for</strong>e approach<strong>in</strong>g the government <strong>for</strong> bus<strong>in</strong>ess<br />
<strong>registration</strong>.<br />
• Government must approve the company name.<br />
• The company must have a S<strong>in</strong>gapore address <strong>and</strong> not a<br />
PO Box.<br />
• At least one of the directors <strong>in</strong> the company must be a<br />
citizen of S<strong>in</strong>gapore.<br />
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• Appo<strong>in</strong>t a S<strong>in</strong>gapore resident as your <strong>Company</strong> Secretary.<br />
• No authorized capital is required but a share capital of<br />
m<strong>in</strong>imum $1 is accounted.<br />
• Foreign nationals doesn’t require any special S<strong>in</strong>gapore<br />
visa to establish their concern <strong>in</strong> S<strong>in</strong>gapore but they need<br />
an employment or an entrepreneur pass.<br />
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After complet<strong>in</strong>g these procedures one can cont<strong>in</strong>ue their<br />
<strong>registration</strong> process. The follow<strong>in</strong>g are the requirement <strong>for</strong><br />
the <strong>registration</strong> process.<br />
• <strong>Company</strong> name.<br />
• A brief description of the bus<strong>in</strong>ess activities.<br />
• Particulars of the shareholders, <strong>Company</strong> Secretary <strong>and</strong><br />
Directors.<br />
• A Registered S<strong>in</strong>gapore address.<br />
• Identity proof.<br />
• Memor<strong>and</strong>um <strong>and</strong> articles of association.<br />
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Registration can be made fairly simple, quick <strong>and</strong> efficient<br />
with a computerized procedure. If you keep all the<br />
documents ready then the <strong>registration</strong> process takes only a<br />
few hours of time <strong>and</strong> <strong>for</strong> a quicker approval your company<br />
name must be unique <strong>and</strong> differ from other exist<strong>in</strong>g<br />
corporations.<br />
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Want to <strong>in</strong>corporate your bus<strong>in</strong>ess <strong>in</strong> S<strong>in</strong>gapore? S<strong>and</strong>hurst,<br />
a lead<strong>in</strong>g bus<strong>in</strong>ess consultant <strong>in</strong> S<strong>in</strong>gapore can provide you<br />
the right help.<br />
Visit www.e-s<strong>and</strong>hurst.com <strong>for</strong> more <strong>in</strong><strong>for</strong>mation.<br />
Call: +65 6338 4202<br />
E-mail: <strong>in</strong>fo@e-s<strong>and</strong>hurst.com<br />
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