Setting up business in Singapore
Registering a new company in Singapore can be cumbersome and intimidating if you are not familiar with the legal requirements and incorporation process. Setting up your company in the right structure with your long term vision in mind will ensure you take off on the right track based on a solid foundation. This will save you unnecessary hassle as your business grows, especially for businesses in multiple locations in various jurisdictions.
In helping you to structure the most efficient setup, we assess and take into account all these considerations and more including the nature of your business, ownership structure, initial capital investment and future capital funding opportunities, succession and perpetuity, taxation effects of various jurisdictions and suitability of business entity to ensure you have a corporate structure that is in line with your long term business plan.
Our company incorporation packages
For Singapore Residents
We advise and assist Singaporeans and Singapore residents in the registration of a Sole Proprietorship, Partnership, Limited Partnership (LP), Limited Liability Partnership (LLP) or Private Limited Company depending on the specific needs and long term business plans.
For Foreign Individuals
Non-Singaporeans are allowed to register and own up to 100% of a private limited company in Singapore, with the assignment of a local resident director. Relocating to Singapore is optional and you can choose to appoint us to act as your nominee director.
For strategic reasons, some companies may choose to incorporate an offshore entity for their business needs. As more companies embark on internationalisation, corporate structuring and planning becomes more complex. With our global network of associates, we can assist you to incorporate your companies in some of the popular tax havens around the world for tax efficiencies .
For Foreign Companies
Foreign companies can establish a presence in Singapore through registering a Subsidiary Company, Branch Office or Representative Office, with the assignment of a local resident director. Similarly, you can appoint us to act as your nominee director.
Navigating the web of regulatory compliance in Singapore
We provide one-stop professional secretarial and advisory services to help you navigate the complex web of regulatory compliance while you focus on your core business. With more than 20 years' experience in the structuring and incorporation of corporate entities, and the provision of reliable corporate secretarial services, we believe we can play a pivotal role in the growth and success of your company by ensuring that you meet all statutory obligations and maintain high standards of corporate governance.
Our corporate secretarial and other compliance packages
Named Company Secretary Appointment
It is mandatory for all Singapore incorporated companies to appoint a Company Secretary within 6 months of its incorporation. A Company Secretary must be a resident of Singapore, have sound knowledge of the Singapore Companies Act and undertake the fiduciary responsibility of ensuring that directors and shareholders observe rules and regulations stipulated in the Singapore Companies Act. We have a competent team of qualified individuals equipped to handle all the functions of your company secretarial role on an annual retainer basis.
Nominee Director / Shareholder / Agent
The Singapore Companies Act requires all Singapore companies to have at least one director who is a resident in Singapore. If you are a non-Singaporean and do not intend to relocate to Singapore just for the sole purpose of setting up a business here, you can appoint us as your local Nominee Director to meet the statutory requirements of the Act. We can also act as your Nominee Shareholder, Agent or Corporate Representative depending on your needs.
Registered Office / Virtual Office
One of the statutory requirements for setting up a company in Singapore is that it must have a registered office address. A company cannot be incorporated without first having a physical registered office address in Singapore. We can provide you with a premium registered office address in the Central Business District of Singapore and receive all your business correspondences on your behalf. We can forward documents and parcels to a local or international address as required. In addition, we can provide a virtual office service that includes the provision of a local telephone line and fax and meeting room facilities as required.
De-Registration / Striking Off A Company
Under the Singapore Companies Act, companies can apply to the Accounting and Corporate Regulatory Authority (ACRA) to be struck off the Register of Companies if it can prove that it has ceased operations, and meet certain stipulated conditions. Closing down a company here can be a tedious task and lead to unforeseen complications and penalties if not handled appropriately with the right understanding of the local regulation. We are able to provide advice and work with you through the entire process if you wish to de-register your company.