Why Work With Us?We have been in the business for almost around 3 to 4 years now. The past years have been so great that we were able to cater an outstanding number of 2,000 clients in our account and the number is still growing as of this date.
These numbers was a result of the company’s core value of keeping all cost at a minimum and sharing these with the clients by providing a cheap yet high-quality level of outsourced services.
If you need a top-notch company registration and company registration service provider, you can always count on us.
Guide to Company Registration and Company Incorporation in Singapore
Having generated around $307.9 billion GDP in 2016, Singapore is named as one of the “Best countries to Invest In. This Asian Tiger is one of the most business-friendly countries in the world. With the business-centric government policies and its efficient company registration procedures, no wonder that investors have been flocking to get a share on Singapore’s booming business environment.
As such, if you’re considering to have your business registered in Singapore, hop on.
This guide will provide an in-depth overview of the requirements, procedures, and duration for company registration and company incorporation in Singapore.
What Makes Us the Best?
Years in the Business
We have been here since 2013.
We make sure that your interests are protected at all times.
Top Notch Provider
We are the best service provider in this industry.
We make sure that we cater your concerns immediately.
Because we know that your have more important matters at hand.
We keep our costs at a minimum and we share them with you.
What Type of Company Can I Register?
According to ACRA, businesses can register as:
- Sole Proprietorship
- Limited Liability Partnership
- Limited Partnership
To know the features of each type of business, you can refer here.
Before your company registration and company incorporation, you must decide first on what type of company will you have.
Most of the companies in Singapore are registered as private limited companies. That’s why you can see that most companies from Singapore have a “Pte. Ltd.” after their name.
Setting up a limited private company can have a numerous number of benefits such as, but not limited to, some leeways in tax liabilities. This has urged new businesses to have their company registration and company incorporation to be setup as such.
To define, a private-limited company is considered to be a separate legal entity and shareholders can’t be held liable for the company’s liabilities beyond the amount of share capital they have invested in the company.
Who Can Register
Any person who is above 18 years of age can have their company registration and company incorporation in Singapore. This includes foreign and local persons who wishes to have their company registration and company incorporation. [According to Singapore Companies Act]
The same as with other countries, there are some required documents needed to be submitted during the company registration and company incorporation process. This includes the following:
- Business Name
- A Detailed Description of Business Nature
- Shareholders’ Information
- Directors’ Information
- Business Address
- Company Secretary [We offer a top-notch corporate secretarial services]
- Articles of Company Incorporation [Constitution]
1. Business Name Registration
This is the first and foremost step in company registration and company incorporation. A business name must be approved first and should be in compliance with (ACRA) Accounting and Corporate Regulatory Authority’s policy. [Know How to Quickly Get Your Business Name Approved]
2. Company Registration
Given that the company incorporation documents are ready and prepared, it can only take a couple of hours to file in the incorporation request and approval from ACRA.
There is a registration fee of S$300 to be paid to ACRA at the time of company incorporation.
How long will the whole company registration and company incorporation process take?
Depending on the underlying circumstances(incomplete documents, no signatures from directors and shareholders, unapproved business name, etc.) the company registration and company incorporation may take a few days or weeks.
As such, we recommend working with a company registration and company incorporation service provider like us to speed up the whole company incorporation and company registration process.
How can I get my business name approved quickly?
This is one of the most problem new businesses face during the company registration process. As such, during the company incorporation process, we recommend to that your business name should:
- Be unique and have no resemblance with other company
- Not violate any trademarks and copyright
- Not sound offensive
- Be a newly created name, in which you have not previously used
- Not contain any words that will refer to any official government agency
Can I Do the Company Registration Process Myself?
You are may freely do so. Though for smooth and easy company registration and incorporation we suggest you to work with an expert.
How Much Do I Need to Invest to Start a Company?
To know how much you need to invest during the company registration and company incorporation process, we must first distinguish your business. If you are a foreigner who wants to relocate to Singapore, you are required to invest a minimum of S$50,000 as paid up capital during the company registration and company incorporation.
For locals(includes Singapore citizens and PRs), a minimum of S$1 is the only amount needed during the company registration and company incorporation.
The whole process of company registration and company incorporation can sometimes be overwhelming. Here are some additional resources:
- Starting a business in Singapore – Ministry of Manpower
- Setting Up a Local Company : Incorporating a company – ACRA
More questions? Inquire with us Today.
How Can We Help
Of course, you don’t need to go through all of these tedious company incorporation document filing and company registration processes.As a business owner, we understand that you have matters at hand that you need to prioritize than this whole company incorporation filing. .
To help you with the whole company registration and company incorporation process, VOffice will work in your behalf to make sure that you get your business set up properly in Singapore. Below are some of the services that we can provide you of:
You have a lot of questions about company incorporation and company registration in Singapore, we get it. There are a lot of processes involved when having your company registration and company incorporation. A lot of our previous clients have also shared the same sentiments and we were able to help them with such through our consultation service.
Prior to filing, we will fully coordinate with your business to have you ready all the necessary complete documents for easy and smooth transaction during the company registration and company incorporation process.
After all of the documents are prepared, we will then file all of these for submission.This is one of the most important process of company registration and company incorporation.
Companies who wish to invest in Singapore need to have a company secretary. One cannot have their company registration and company incorporation completed without the waiver of having a company secretary. You don’t need to go through all the hassle of company incorporation and company registration process as we provide a top-notch corporate secretarial services.
Virtual Office Services
Need a professional business address? During the company registration and company incorporation process, you will be required to fill up your local address.
We provide Singapore’s cheapest virtual office address service from S$3.99 /Month. View our complete packages here.