Zhaotong company registration: Compilation of matters needing attention in Singapore company registration

What should you pay attention to when registering a company in Singapore? What information is required? What is the process? I believe there are too many questions in the minds of my friends. Let’s take a look at it with Mander Enterprise Server today!

Information required to register a company in Singapore:

1. Singapore company name

2. Scanned copies of ID cards of all shareholders and directors of the company

3. Scanned copy of passport

4. Scanned copy of autographs of directors and shareholders

Singapore company naming rules:

Singapore companies are free to name, no There are many restrictions, usually ending with LTD or PTE.

Procedure for registering a company in Singapore:

1. Become a member for online consultation and directly fill in the application "Power of Attorney for Registered Company in Singapore"

2. Sign the "Registered Company in Singapore" Service Agreement"

3. Pay the deposit

4. Check the company name (English)

5. Prepare legal documents and send them to the customer for notarization

6. After completing the documents, send them back to Hong Kong Yi Business

7. Hong Kong Yi Business representatives submit the documents to the registration bureau

8. The company approves the registration

< p>Benefits of registering a company in Singapore:

1. Build an international brand of the company, which can quickly improve the company's international reputation and competitiveness;

2. Enjoy Singapore's ultra-low tax rate or tax exemption , and can also achieve international legal tax avoidance: Compared with other major economies in the world, Singapore has a lower corporate tax rate (0-17%), which is levied on corporate profits; the Singapore government has launched a series of measures to assist foreigners doing business in Singapore Or institutions, if they meet the conditions, they can obtain tax exemptions of varying degrees. At the same time, the company's profits from business transactions outside Singapore are not subject to tax to the Singapore government.

3. Cleverly circumvent trade barriers and have the opportunity to obtain more tariff reductions: The free trade agreements (FTAs) signed by Singapore and many countries and regions facilitate enterprises to effectively enter the international market and create more Great business and investment opportunities, and the opportunity to obtain additional tariff reductions.

4. Good investment environment: Singapore has signed double taxation avoidance agreements and investment protection agreements with most countries in the world.

5. Independent legal person status: The Singapore Company Law stipulates that a Singapore private limited company has an independent legal person status. It can participate in litigation and own assets; it can also incur debts. The liability of a company's shareholders is limited to the amount subscribed but not paid in full. As long as the subscribed shares are fully paid, the company's shareholders have no other liability for the company's debts.

6. If the annual income of an exempted private limited company does not exceed S$5 million, the annual accounts do not need to be audited;

7. There is no foreign exchange control and it is easy to raise funds; Holding companies can apply for listing on stock exchanges in many countries;

8. Get the opportunity to immigrate to Singapore: If you have actual business and pay taxes in Singapore, you may also get the opportunity to immigrate your family to Singapore.

After successful registration, you will receive the following documents:

1. An original copy of the company registration certificate (CONPANYCERTHARDCOPY)

2. An electronic copy of the company registration information (CONPANYBIZFILE)

3. Five copies of the company's articles of association (M&A)

4. Several company stocks

5. One each of the company's business seal and steel seal

< p>6. One copy of company receipt (INVOICE) and payment voucher (PAYMENTVOCHUER)

7. One copy of Singapore company operation and annual report guide

Singapore company registered address:

The company must have a registered address. Any change of registered address or name of the office location must be notified to the Registrar within 14 days.

Registered capital/paid-up capital and registration fee:

The Singapore Company Law stipulates that the minimum registered capital for establishing a company is S$100,000, and the paid-up capital starts from S$2. . Shareholders can decide to increase the registered capital and paid-up capital at any time by filling out the form and paying the fee at the registration office. Registered capital represents the limit of capital that a company can issue to shareholders. The company can issue stocks within this limit and require shareholders to pay one or more times for the subscribed stocks. The subscribed and fully paid shares are the company's paid-up capital.

Documents required for the establishment of a Singapore company:

1. Articles of Association and Articles of Association;

2. Affidavit of Compliance;

3. Certificate of identity;

4. Director’s appointment letter and qualification affidavit;

5. Company’s registered address and office hours report form.

In addition, the details of the managing director, company secretary and auditor and the stock issuance record must be submitted within one month after the company is established. A Singapore limited company must have at least 2 directors, one of whom must be a Singapore citizen or a Singapore permanent resident or an Employment Pass holder. The number of directors, retirement and re-election methods should be specified in the company's bye-laws.

Singapore Company Secretary:

A Singapore company must appoint a company secretary within 6 months after its establishment.

Its responsibilities include:

1) Timely submission of reports and forms required by the Companies Act to the Registrar of the Commercial Registration Bureau;

2) Properly keeping the company’s name and meeting minutes;< /p>

3) When necessary, sign and confirm each contract and board resolution.

4) Ensure that company documents are properly stamped with the company seal.

Introduction to Singapore company registration:

Application qualifications

Any nationality or company can establish a Singapore company, but the company must have at least one local director.

Company Directors

Singapore company directors must be natural persons over 18 years old. The board of directors of a Singapore company can be composed of one or more directors, but there must be at least one local director. Must meet one of the following conditions:

1. Singapore citizen;

2. Singapore permanent resident;

3. Entrepreneurship pass holder.

Registered Capital

Singapore companies have no currency requirements. Singapore-registered companies generally do not require capital verification unless they apply for an Entrepreneurship Pass.

Company shareholders

There are no restrictions on the composition of shareholders of a Singapore company. They can be natural persons or companies. A Singapore company can be 100% controlled by non-Singaporeans or non-Singapore companies.

Company name

The name of a Singapore company must be an English name. Chinese name registration is currently not accepted.

The name of the pre-registered company cannot be:

1. Bad name;

2. The same name as an existing company, enterprise or organization;

3. The name is the same as the reserved company, enterprise or organization;

4. The name is the same as the name of the Singapore government agency.

It must also be noted that if the name of the pre-registered company is very similar to the name of an existing or reserved company, enterprise or organization, the registration officer will use his or her own judgment to approve or reject the name. application. Company address Singapore companies must provide a local registered address in Singapore. If the registered address changes, the Accounting and Corporate Regulatory Authority of Singapore must be notified within 14 days.