20 19 how to immigrate to Singapore to start a company

When applying for registration, investors must apply to the company and the business registration bureau for permission of the company name. The company name shall not be the same as that of other companies or enterprises.

According to the type of company established, different documents need to be submitted to the registration bureau, including the outline and articles of association. The memorandum must explain the purpose of the company's establishment, the company's legal share capital and the name, address and position of the stock purchaser. The articles of association stipulate the management of the company. The model articles of association listed in the Company Law can be adopted.

As for shareholders, a wholly-owned subsidiary can only have one shareholder, the director must have a Singapore employment certificate, and the individual as a shareholder must be at least 265,438+0 years old and have no bad records such as bankruptcy and crime.

For companies established in Singapore with domestic companies as shareholders, after the establishment of a Singapore company, it is not allowed to borrow money from the company's directors, but it must be approved by the company's board of directors.

For companies established in Singapore with individuals as shareholders, loans can be made to company directors after the establishment of the company.

Companies in Singapore implement the authorized capital system, that is, companies can be established without paying shares in one lump sum. The capital of a company is actually nominal capital, not real capital. Company capital is usually obtained by issuing shares. A company needs to issue at least two kinds of shares, and the par value of each stock is not limited, but it is usually S $65,438 +0. To register a new company, you must pay the registration fee according to the authorized capital, and pay the capital registration fee to the company registration bureau according to the authorized (nominal) capital of the company.

The statutory share capital fees of companies registered in Singapore are as follows:

The minimum is 65,438 yuan+S $ million, and the registration fee is 65,438 yuan+S $0,200;

10001-1000000 Singapore dollars, the registration fee is based on 1200 Singapore dollars, and every additional capital of100000 Singapore dollars (up to 1000000 Singapore dollars).

10000 1 and above, the registration fee is based on S $4,800, and the registration fee is increased by S $300 for each increase of S $ 1000000;

The capital registration fee is SGD 35,000;

In addition, Singapore's management of the company's financial system is also very strict, requiring that auditors must be appointed within three months from the establishment of the company.

For foreign companies that want to do business in Singapore but have no intention of establishing a Singapore company, they can register their branches according to the Company Law. Registration must be completed before the branch starts business. The main difference between the company and its branches is that the company needs at least two directors, one of whom must be a Singapore resident. The branch needs two agents, both of whom are Singapore residents. Both companies and branches need to pay the same capital registration fee. However, the registration fee of a branch is based on the authorized capital of a foreign company.

The amount of capital registration fee is listed in Article 4 of "Composition of the Company". If the foreign company has no authorized capital, it needs to pay a unified fee of 65438 yuan +0200 yuan. Companies (except exempted private companies) and branches must submit audited annual accounts to the registry. In addition to the accounts of the Singapore branch, foreign companies must submit audited copies of the accounts within two months after the annual general meeting. All these accounts are available for public inspection.

Further reading: a guide to immigration work in Singapore

1, working hours

The legal working hours in Singapore are 44 hours a week. Most local companies implement a five-and-a-half-day working day system, that is, all day (8 hours) from Monday to Friday and 4 hours on Saturday morning. There are also many companies (mostly foreign companies) that adopt a five-day system, but the daily working hours are about 9 hours. Employees working in manufacturing production lines generally work in shifts, and the schedule depends on the company.

Step 2: Bonuses

Traditionally, most companies will give employees a bonus equivalent to 1 month salary in 65438+February every year, which is called 13 month bonus or year-end bonus. Some companies also decide the different steps of year-end bonus according to the service years of employees, such as 1. 1 month, 1.25 month, etc. Companies with good performance will also issue special bonuses from time to time to let employees share the company's profits.

Step 3 pay

Wages are generally paid to employees on a monthly basis, and some companies pay them once every two months. In order to prevent employees from defaulting on wages, the Wage Law stipulates that wages must be paid at least once a month.

4. Compensation for work-related injuries

According to the Law on Compensation for Work-related Injuries, employees will be compensated by their employers for work-related injuries or diseases. The families of employees killed in the line of duty will be compensated. 1996 65438+ 10/month 1, with high compensation for permanent injury147,000 Singapore dollars; And the high compensation for death is 1 10 1000 Singapore dollars. In addition, the employer must also pay medical expenses and hospitalization expenses. And pay wages to employees as usual during the recovery period.

5. Holidays

Generally speaking, employees will enjoy 7 to 14 days of annual leave in 2008 and the second year, and the number of days of vacation will increase in the third year, ranging from 9 days to 18 days. Unless it is surgery or hospitalization, the general company also stipulates that the cumulative sick leave in a year cannot exceed two weeks.

6. probation period

The probation period of general companies is 3 months, and that of a few companies is 6 months. During the probation period, the employer shall examine the ability and performance of employees and provide appropriate training. And employees can also use this time to adapt to the company environment. Unless otherwise agreed in the contract, both the employer and the employee may notify the other party in advance 1 week to terminate the employment relationship within this time period (or compensate the salary equivalent to 1 week). Of course, if both parties are satisfied with each other and employees become regular employees, the salary will usually increase. During the probation period, employees usually do not enjoy the benefits enjoyed by regular employees, such as sick leave and reimbursement of medical expenses.

Step 7 resign

Unless bound by other contracts, the employee shall notify the employer 1 month in advance. For holders of employment permits and work permits, resignation means that their permits are invalid. Unless they can find a new employer to apply for permission again, they must leave Singapore.

8. dismissal

General companies will compensate employees who are fired. The specific compensation depends on the company's financial situation, and there is no generalization.

Employers are required to pay a monthly labor tax of S $30 for semi-skilled workers and S $240 to S $470 for unskilled workers, depending on the industry.