Singapore Company Formation
Worldwide Incorporation Services specializes in Singapore company formation and opening bank accounts.
Since 1998, WIS has been a leading corporate service provider of international incorporations.
SPEAK TO OUR EXPERTS NOW
Jurisdictions >> Singapore Offshore Company >> Singapore Company Formation
Singapore Company Formation. Offshore Incorporation in Singapore.
Worldwide Incorporation Services specializes in Singapore company formation and opening bank accounts.
Singapore – General Information
Location: Southeastern Asia, islands between Malaysia and Indonesia.
Area: total: 719.2 sq k, land: 709.2 sq k, water: 10 sq km.
Natural resources: Fish, deepwater ports.
Population: 5,888,926 (July 2017 est.).
Capital: Singapore.
Time Zone: UTC+8.
Languages: English (official) 36.9%, Mandarin (official) 34.9%, other Chinese dialects (includes Hokkien, Cantonese, Teochew) 12.2%, Malay (official) 10.7%, Tamil (official) 3.3%, other 2%.
Government type: Parliamentary republic.
Legal system: English common law.
International organization participation: ADB, AOSIS, APEC, Arctic Council (observer), ARF, ASEAN, BIS, C, CP, EAS, FAO, FATF, G-77, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NAM, OPCW, Pacific Alliance (observer), PCA, UN, UNCTAD, UNESCO, UNHCR, UPU, WCO, WHO, WIPO, WMO, WTO.
Economy: This vibrant, export-oriented, free-market economy enjoys a remarkably open and corruption-free environment, low taxes, stable prices, and a high per capita income that attracts global investors to its high-tech industrial and financial services sectors.
Currency: Singapore dollar (SGD).
Singapore Company Formation – Overview
Principal Corporate Legislation
The Companies Act, The Income Tax Act.
Type of Law
Common.
Language of Legislation and Corporate Documents
English.
Type of Entity for International Trade, Investment & Tax Planning
Private Limited Company.
Key Facts
Share Capital
The concept of authorised share capital has been abolished in Jan 2006 and the minimum number of issued share is 1.
Classes of Share Available
Ordinary shares, preference shares, redeemable shares.
Bearer Shares
Nor permitted.
Restrictions on Trading
Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Yes, must be maintained in Singapore.
Directors
A Singapore Company requires a minimum of one director. Director can be of any nationality and need not be resident but at least one director must be resident in Singapore.
Shareholders
A Singapore Company requires a minimum of one shareholder.
Publicly Accessible Records
Yes.
Nominee Shareholders and Nominee Directors
Allowed.
Location of Meetings of Directors and Shareholders
Anywhere.
Personal Presence Required
No.
Taxation
0-17%.
Double Taxation Treaty Access
China, Indonesia, Thailand, Malaysia, Philippines, Vietnam, India, Japan, Korea, Australia, New Zealand, South Africa, United Kingdom, Netherlands, Germany, Switzerland, Sweden, France, Belgium, Finland and the United Arab Emirates.
Requirements to File Accounts
Yes.
Requirement to File Annual Return
None.
Audit Requirements
None.
Currency
Singaporean dollar (SGD).
Exchange Control
None.
Time to incorporate
One week subject to name approval.
Name of a Company
Language of Name
Latin Alphabet.
Restricted Words
Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust”, “Trustee” etc. will require justification.
Name of a Company
The words “Private Limited” or “Pte. Ltd.” must be part of the name of every Singapore offshore company.
Singapore Ready-Made Companies
This is a list of ready-made and approved company names available as of today.
Submit an enquiry or request a confidential callback or chat with us.
- We’ve been helping business owners since 1998
- Incorporating your business is our focus
- We make a complex process fast and easy
- We work closely with Singapore Companies Registry to guarantee our service
Singapore Company Formation – Office Addresses
Services in Singapore
Worldwide Incorporation Services provide the following services in Singapore:
- Singapore Company Formation
- Registered Office Services
- Secretarial Services
- Nominee Shareholder / Nominee Director – resident in Singapore
- Opening of Bank Accounts
- Full Administration Services
- Mailing Address
- Virtual Office
- Book Keeping & Audit
- Trademark Registration
Worldwide Incorporation Services | Company Formation in Singapore | Offshore Incorporation Singapore | Singapore Offshore Company Formation | Singapore Offshore Incorporation
Submit an enquiry or request a confidential callback or chat with us.
Tags: Singapore company formation | company formation in Singapore | offshore incorporation Singapore | company formation services in Singapore | Singapore offshore incorporation | company formation services Singapore | business formation in Singapore | offshore company formation Singapore