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Singaporean Company Incorporation

Updated:2023-9-27 11:37:59    Source:www.tannet-group.comViews:1658

Singaporean company incorporation is also called at Singaporean company registration. Singapore is an international metropolis with abundant information and opportunities. With an area of 6,830 square kilometers and a population of 5.47 million, Singapore is one of the freest trading port in the world.

With sound infrastructure and complete legal system of its own, it provides an advantaged financial & commercial environment to many entrepreneurs and traders. Therefore, more and more people established their own companies in Singapore with different purposes, which improve not only the image of the company itself, but also the competitive ability in the international market. The followings are the basic facts for your business success in Singapore.

If you live and work overseas, but want to invest or incorporate a business in Singapore, you can simply rely on Tannet in providing the service for you. Tannet can handle and help everything for you, because Tannet is familiar with business formalities and investment portfolio in Singapore, where Tannet is able to give you a tangible solution.

I. CORPORATE SHAREHOLDERS, DIRECTORS AND COMPANY SECRETARY
At least one shareholder, one director and one secretary is needed for a SINGAPORE limited company. A native Singapore person aged above 18 years old is required to be the director. Shareholders can also double as a legal person, as far as corporate structure is concerned.

II. COMPANY NAME
In Singapore, a company name should be in English. Currently, a Chinese company is not accepted in Singapore
 
Ⅲ. REGISTERED CAPITAL AND PAID-UP CAPITAL
The registered capital can be increased or decreased according to your need and the stamp tax is not required. The registered capital can be 1 Singapore dollar and there is no registered capital limit. You don’t have to pay your capital at the time the company is being set up.

Ⅴ. PROCESSING STEPS FOR A SINGAPORE COMPANY
Fill in the application form → sign the confirmation letter personally →pay the deposit →transaction with government → finish within 15-25 working days → All the directors sign the legal documents personally → submit the document to the SINGAPOREN government for filing → pay the additional money.

Ⅵ. DOCUMENTS REQUIRED FOR SINGAPORE BUSINESS SETUP
The following documents are required to incorporate a Singapore company:
1. Application form;
2. Company name;
3. Identity certificate of director & shareholder (duplicate copy of passport or ID);
4. Individual shareholder — passport or ID card copy;
5. Corporate shareholder — copy of Business License.  

VII. SERVICE FEE AND PAYMENT
Tannet services include one business registration license, company chop, incorporation forms, and one company kit.Terms of Payment: Our service fee is RMB 16800. The service will start when you fully paid the service fee.

VIII. WHY CHOOSE TANNET
Tannet had an abundant experiences (over 18 years) with company or business set up and also with a healthy co-operative platform between SMEs,Tannet can provide you all direction services which can help you to extend your international  business worldwide.

CONTACT US
If you have further queries, don’t hesitate to contact Tannet anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Singapore hotline at 852-27826888 or China hotline at 86-755-82143512, or emailing to info@citilinkia.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.

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