VYBE Co

Singapore Company Incorporation with Employment Pass – S$3050

If you are a foreign individual or business professional who wishes to form a company and relocate to Singapore to run that company operations, you will need to fulfill the following:

Company Formation + Employment Pass Application Service

  1. Incorporate the Singapore company
  2. Obtain a Singapore Employment Pass work visa
 

Features of a Private Limited Company

  • A legal entity separate and distinct from its shareholders and directors

  • It can sue or be sued in its own name

  • A minimum of 1 and a maximum of 50 shareholders
  • A subsidiary company, with at least one individual shareholder with minimum of 10 percent shareholding, is entitled to local tax and development incentives

Singapore Company Registration Requirements for Singapore Private Limited Company

  • Minimum 1 Shareholder
  • 1 Resident Director
  • 1 Company Secretary
  • Minimum initial paid-up capital is S$1
  • A Singapore registered office address

 


4 in 1 Package – S$3050

 

Registration of Singapore Company (S$850)

Our service for incorporation of a private limited Singapore Company includes:

  • Name check and reservation
  • Preparation of Model Constitution (M&AA)
  • Preparation of registration forms
  • Our Professional fees inclusive of ACRA fees
  • E-Certificate of incorporation
  • Minutes of first board meeting
  • Resolution to open a bank account

Provision of Nominee Director for 2 months (S$450)

  • Temporary Local Nominee Director Service is required until your Employment Pass is approved.
  • Note: To provide this service, we also require an additional S$2,000 refundable security deposit which will be returned to you upon approval of your employment pass.

 

Corporate SecretarialFree for first 12 Months (S$450)

Singapore Companies Act requires all Singapore Companies to appoint a Company Secretary to handle on-going Statutory Compliance Matters.

We will act as your company secretary and this service includes:

  • Named Company Secretary registered with ACRA for 12 months
  • Maintaining the statutory books, preparation of all relevant minutes for Directors’ and Shareholders’ meetings
  • Filing of Annual Return to ACRA when due and applicable
  • ACRA Compliance Alert & Reminders

Employment Pass Filing (S$2000)

The Employment Pass is for professional or business man who has the relevant skill or experience and a recognized diploma/degree from a reputable university.

Our service includes the following:

  • Application of Employment Pass on Line (EPOL) with the Ministry of Manpower (MOM). Online submissions are approved 50% faster compared to manual filing.
  • Development, compilation and submission of required documents.
  • Status tracking with Ministry of Manpower.
  • Follow-up with authorities for all required clarifications.

* All our employment pass filing is done online and not manual filing. This will cut the approval process time by half.


Process Flow

 

Step 1 – Submit Your Request and Provide Incorporation Details

Upon receipt of your company details, we will:

  • Conduct compliance review of the shareholders and directors
  • Check your proposed company’s name availability.
  • Follow up with you to clarify queries (if any) and advise accordingly.
  • Send you an invoice for our services.

Step 2 – Preparation of Incorporation Documents

We will commence with the preparation of incorporation documents upon receiving the payment for services as reflected in the invoice. You will then have to sign the incorporation documents either in Singapore before us or before Notary Public if you are overseas.

Step 3 – Incorporate Company and Introduction to Banks

Upon the signing of the incorporation documents, we will proceed with the registration of your company with Accounting and Corporate Regulatory Authority of Singapore (ACRA).

Once the company has been incorporated, we will introduce you to banks for the opening of your corporate account. Please note that the bank account opening is subject to bank.

Step 4 – Apply for Employment Pass (EP)

We submits all Employment Pass (EP) applications electronically to the Ministry of Manpower (MOM) so that you can learn of your application outcome sooner.

  • It takes MOM between 7-25 working days to process the application.
  • Upon receiving the In-principle Approval notification, we will make arrangements for the collection of your EP.

While awaiting for our reply, do take note of the required document that you should have on-hand here.

Singapore Company Incorporation with Nominee Director – S$2650

The Private Limited Company is the most popular business entity in Singapore.

Unlike business entities such as a Sole Proprietorship and Partnership, it has a separate legal status from its shareholders and directors who have limited liabilities for the debts and losses of the company.

If you are an individual who wishes to start a company in Singapore but does not want to relocate to Singapore to run company operations, you need to:

  • appoint a trusted contact or
  • take on a resident nominee director service in order to fulfil the Singapore companies’ statutory requirement of a resident director.
 

Features of a Private Limited Company

  • A legal entity separate and distinct from its shareholders and directors

  • It can sue or be sued in its own name

  • A minimum of 1 and a maximum of 50 shareholders
  • A subsidiary company, with at least one individual shareholder with minimum of 10 percent shareholding, is entitled to local tax and development incentives

Singapore Company Registration Requirements for Singapore Private Limited Company

  • Minimum 1 Shareholder
  • 1 Resident Director
  • 1 Company Secretary
  • Minimum initial paid-up capital is S$1
  • A Singapore registered office address

 

To proceed, you will need to do the following:

  • Engage VYBE Co to assist you in the registration of the company
  • Appoint a Singapore resident director or engage our Nominee Director Service.

We can provide you with a Nominee Director on a long-term basis or a temporary one until you find a suitable local director to represent your company. We will transfer the directorship once you have appointed a new local director.

 

3 in 1 Package – S$2650

Registration of Singapore Company (S$850)

Our service for incorporation of a private limited Singapore Company includes:

  • Name check and reservation
  • Preparation of Model Constitution (M&AA)
  • Preparation of registration forms
  • Our Professional fees inclusive of ACRA fees
  • E-Certificate of incorporation
  • Minutes of first board meeting
  • Resolution to open a bank account

Corporate Secretarial – Free for first 12 Months (S$450)

Singapore Companies Act requires all Singapore Companies to appoint a Company Secretary to handle on-going Statutory Compliance Matters.

 

We will act as your company secretary and this service includes:

  • Named Company Secretary registered with ACRA for 12 months
  • Maintaining the statutory books, preparation of all relevant minutes for Directors’ and Shareholders’ meetings
  • Filing of Annual Return to ACRA when due and applicable
  • ACRA Compliance Alert & Reminders

Singapore Nominee Resident Director Service – (S$1800/annum)

If you do not have a local Singapore resident director to meet the requirement of the Singapore Companies Act, you can engage our Nominee Director Service. We will provide you the service of a local Nominee Director for your company, provided the followings conditions are met:

  • The service is offered for statutory compliance only. The Nominee Director will not be involved in any financial or operational matters or management of the company.
  • You must appoint one or more individuals (normally the company shareholders) to be the directors that are responsible for running the company operations.
  • You must satisfy our initial and on-going Know-Your-Customer requirements.
  • Execute our Nominee Director Indemnity Agreement.

We will also require a refundable security deposit for the provision of the Nominee Director Service. The service can be terminated any time at your convenience. You, however, must appoint a new Singapore resident director to meet the statutory requirement. Security Deposit is in addition to the Service Fees. The security deposit is refundable


Process Flow

 

Step 1 – Submit Your Request and Provide Incorporation Details

Upon receipt of your company incorporation details, we will:

  • Check your proposed company’s name availability.
  • Follow up with you to clarify queries (if any) and advise accordingly.
  • Send you an invoice for our services.

Step 2 – Make Payment

We will commence with the preparation of incorporation documents upon receiving the payment for services as reflected in the invoice. We accept payment via cash, cheque, telegraphic transfer and credit card.*

You will then have to sign the incorporation documents either in Singapore before us or before Notary Public if you are overseas.

*(Admin surcharges apply.)

Step 3 – Incorporate Company

Upon the signing of the incorporation documents, we will proceed to register the Singapore Company with Accounting and Corporate Regulatory Authority of Singapore (ACRA). Once the company has been incorporated, you may proceed to open a corporate bank account