Package for Local Residents
All of the necessary paperwork will be prepared and we will register (with the ACRA – the Singapore company registrar) your Singapore private limited company. All government filing fees are included.
We will assist you with opening a Singapore bank corporate account. OCBC is our preferred partner for Bank account opening.
This package for Singapore Company Formation includes the filing services to ACRA. We will file your company’s Annual Return with the ACRA.
We will provide a one hour review and consultation regarding all aspects of your Singapore Company Formation. We will provide optimization suggestions for your Singapore company’s corporate tax obligations.
Every company needs a dedicated telephone number for communicating with customers. As a bonus we are offering a dedicated Singapore Telephone number for every company in this package at a discounted price.
Choosing this option is appropriate should you have either a Permanent Resident or Singapore citizen individual (either you or someone that you may know) who will act as your proposed company’s local director (i.e. you don’t require the Nominee Local Director service).
In addition, this package option will assume that you won’t need a work visa application.
Considering the above, this package for Singapore Company Formation will most commonly suit local Singapore entrepreneurs when they are setting up their Singapore private limited company.
Working with our team is a simple matter. Upon confirmation of your decision to utilize our services, we will start needed activities. At that point, you will be in collaboration with our service team. This will make all aspects of your Singapore Company Formation very easy.
Our team is adept in online coordination with you, when it comes to all these steps, from beginning to end:
Once you have made the decision to move forward with us, your new account will be created in our system, and our team will work on high priority to make arrangements for necessary activities for Singapore Company Formation. Payment may be made via bank transfer or credit card.
Along with making your payment arrangement, you will have the opportunity to provide your proposed company structure details along with a supporting document upload into our online system. The information that you provide will then be reviewed by our team. They will then conduct their required regulatory KYC due diligence. Using the online system, our support team will contact you should any clarification be needed.
Upon the KYC due diligence, your company name application will be submitted by or support team.
Upon your Company name approval, the required incorporation documents will be prepared by our support team and submitted for your signatures. The signing of these documents will be done electronically, which will eliminate the requirement of any inconvenient manual paperwork signatures and notarizations.
Your company registration will then proceed with the ACRA (Singapore’s Accounting and Corporate Regulatory Authority) once they have received the signatures on the incorporation documentation.
Upon the incorporation of your company, the next logical step is to open a bank account in Singapore. Our team will advise you about this. Please note a personal visit is required for a bank account opening. Normally the bank representative visits our office for the same.
Each Director, UBO (Ultimate Beneficial Owner) and Shareholder of your proposed company:
For a parent corporate entity
The following documents will be required for your parent corporate entity should your company possess a corporate shareholder:
No it is not possible. As per the Ministry of Manpower rules, a person who is holding an employment pass issued by one company can not act as a director of another company.
Yes. Any Singapore private limited company may hire both local and foreign staff.
However, please note that when your Company hires foreign staff, they will need to satisfy the conditions of eligibility for the applicable work pass category (S-Pass or Employment Pass)
This will depend entirely on the type of business that you wish to undertake. To discover whether or not your business will require a license, please refer to this site: visit this site.
Should you require a business license, that license must be obtained prior to beginning your business activities. However, there are only few business activities that require licensing in Singapore. Most of the other businesses can be conducted without having a need to obtain a license.
Please refer to our additional articles regarding Singapore business regulations. Our team is also available to answer your questions and we will gladly assist you.
Our packages are comprehensive. The price covers everything required.
Our service team has many years of experience. we will guide and assist you throughout your engagement.
We take pride in the quality of services we provide. Check our testimonial section to see what our clients speak about us.
Our pricing is available on our website. There are no hidden costs.
No long term contract, no commitments. If you don’t like our services you are free to change anytime.
We are very straightforward with our approach. If something in your plan is not likely to work out we will be frank to tell you so.