In Singapore, there is no minimum par value or nominal value for each share. The concept of par value does not exist anymore in the country. Companies can issue its shares at any value they deem fit.
It also provides flexibility in planning the shareholding structures.
An example: You can issue 5% of shares at S$5 to one person in your company. And at the same time, you can issue 5% shares at S$5,000 to another person.
As you would guess, the concept of Share Premium is also not any more relevant in Singapore companies act.
New Company Setup
New Company Setup
Existing Company
New Branch Setup
New Setup
Singapore Bank Account