Individuals are allowed to incorporate a Private Limited Company in Singapore, whether or not they choose to relocate to the city-state. 100% foreign ownership of companies is allowed as well.
You may register a Private Limited Company, Sole Proprietorship or LLP in Singapore as a resident. In practice, most entrepreneurs register a Private Limited Company due to its scalability, limited liability protection and corporate tax benefits during the first 3 years of assessment.
Company Secretary – S$450/Annum
Every company must appoint a secretary within 6 months from the date of its incorporation. The company secretary must be residing locally in Singapore and must not be the sole director of the company.
Our roles include:
1. Updating and Filing with ACRA
- Appointment, resignation or death of company officers
- Update of directors’ particulars
- Filing of Annual Returns
- Amendments to the Company Constitution
- Share allotments or transfers
- Changes in company name
3. Preparation of Board Meetings and AGMs
- Distributing company’s financial reports
- Attendance and taking of meeting minutes
- Preparation of meeting agenda
- Preparation of director’s resolutions
2. Maintenance and Upkeep of Statutory Registers
- Filing of signed Board Resolutions
- Maintenance of Minutes Book (AGMs and EGMs)
- Issue of shares
- Distribution of Annual Report and company accounts
4. Miscellaneous Services
- Reminders for filing deadlines
- Ensure the safekeeping and proper use of the Company Seal
- Monitoring shareholder register and movement of shareholders
- Maintaining shareholder relations
A virtual office can be beneficial for companies that operate remotely from home or overseas but require a physical presence in Singapore.
All businesses or companies must have a registered local business address.
We provide you with a registered address so you can set up your company immediately without needing to rent an actual office space.
2. Phone & Mail Forwarding
A phone forwarding service can help you direct your company calls to the number of your choice an Overseas or Local number. This service provides a specific Singapore business phone line that allows your customer to reach you which increases their confidence in your company.
Mails received will be forwarded to an address of your choosing.
3. Meeting Room Support
Located in the CBD, a fully featured and functional meeting room with WI-FI, Screen, Projector can increase your confidence in the eyes of your client.