How to immigrate to Singapore to start a company?

How to immigrate to Singapore to start a company

When applying for registration, investors must apply to the company and the business regi

How to immigrate to Singapore to start a company?

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 S $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: application conditions and types of investment immigrants in Singapore

Application conditions for investment immigrants in Singapore:

1. The company has been established for more than 3 years, with a registered capital of1000000 RMB or more.

2. The principal applicant holds more than 30% of the shares.

3. The company belongs to industries other than real estate, construction and automobile 4s shops.

4. The turnover of the company meets the requirements of the Immigration Bureau.

In addition to considering overseas asset allocation and children's education, domestic environmental pollution, food safety and other issues have gradually become important reasons for elite and rich immigrants. In addition to healthy and high-quality livable conditions, Singapore, as a global financial and trade center, also has developed financial markets, excellent business environment, the lowest tax system in the world and excellent education combining Chinese and Western cultures. Whether it is the business layout of career development or the overall planning of children's education, Singapore has always been the most desirable immigrant country for businessmen. Singapore investment immigrants have gradually evolved into exclusive immigration channels for business elites.

There are two types of investment immigrants in Singapore:

The company has been established for more than 3 years with a registered capital of 1 10,000 yuan or more; The principal applicant holds more than 30% of the shares; The company belongs to industries other than real estate, construction and automobile 4s shops; The turnover of the company meets the requirements of the Immigration Bureau.

Invest S $2.5 million in a fund company designated by the Singapore government for a period of five years, and return it with interest after five years.

It is reported that the Singapore Investment Immigrant Fund in Singapore is strictly controlled by the Singapore government from the examination and approval, to the absorption of funds, to the payment of investment projects and funds. Every year, the government will also review the investment immigration fund in many aspects, including the fund team, performance, risk, control and so on.

In addition, in order to ensure no loss, most funds invest in the form of convertible bonds. If the invested enterprise is successfully listed, it can of course be redeemed; If an enterprise fails to go public, it shall be treated as a loan and the interest shall be recovered. All funds are under control and must be dispersed, with each project not exceeding 10% of the total share capital.