Choose Your Package Now
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Essential
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$4200 $3600 USD / 1st year
- Formation of a Singapore Limited Company
- Secretarial services for one year
- Provision of Legal Address
- Business Registration Renewal
- Bank introduction for account opening in SG Bank
- Director-resident for one year
- Order or Enquire
Singapore Company Incorporation Process
3 simple steps to setup a Singapore company with us
Step 1: Pre-incorporation
We offer free consultation to help you
- Assess your choice of jurisdiction and advise on possible incorporation options;
- Explore banking options customized to your business ensuring successful application;
- Choose your company name - we will check for availability; It can be in English, or Chinese or the combination of both. Some names may require a license or be prohibited. Contact us for more details.
- Map out your company structure. How many directors and shareholders, what is the share capital. Our managers will guide you through.
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Step 2: Incorporation & Bank Account Application
Sign incorporation documents and information for company set up.
- Submit required documents and we will take care of all forms, you’ll just need to sign them; You’ll only need your passport and address proof for company incorporation.
- Registration will take 5 to 7 business days; Certificate of incorporation and business registration certificate will be e-mailed to you.
- At the same time, we will help you prepare a set of documents for bank account application;
- You can submit your documents to the bank, after the company has been incorporated. Some may require video or in person interview.
Step 3: Post-incorporation
Let us take away your worries!
- As your company secretary we will inform you about necessary compliance steps and guide you through
the process; Filing of annual return, renewal of business registration certificate, accounting, financial, audit and tax reports - Let us be more than your conventional service provider. We help you grow, scale, connect and succeed with our extensive range of business and marketing solutions.
Why do business in Singapore?
Singapore is a British Commonwealth country with the total area of 622 square kilometres, which situated in the tip of the Malaysian peninsula. Singapore detached from Malaysia and became a sovereign nation in 1965. Its British colonial background led to Singapore’s English-based legislation and official language. Singapore dollar is the local currency.
Cost-effective Taxation
- 0% tax rate for the first SG$100,000 profit for first 3 years (conditions apply – please contact us for more details); 8.5% on profits under SG $300,000 and 17% on profits over SG $300,000;
- Double Taxation Avoidance Agreements;
- No dividends or capital gains tax;
- No profit tax for company's offshore profit;
- Low personal tax rates; progressive, at 22% or below.
Strategic Location
- Major entrance point to Southeast Asia;
- Stable foreign exchange and securities industry supported with 24-hour financial trading;
- Lots of primary international flight routes;
- Competitor to Hong Kong of the world's largest container port.
Firm Economic Climate
- Clear business operations with strong judicial system;
- No reputation of “Tax Haven”;
- Goods and services tax (GST) can reduce income taxes; Low GST rate (7%);
- Firm economy to welcome foreign investors; Unrestricted on foreign ownership.
Superior business Infrastructure
- Sound and regulated financial sector;
- Advanced technical skills;
- Well-established legal framework (excellent laws of Intellectual Property);
- Primary international banks and proficient workforce;
- Flexible immigration policies to quality foreigners;
- Free for foreign ownership.
Singapore Company Benefits
Advantages of setting up a business in Singapore:
- Singapore is a Gateway to Southeast Asia;
- The easiest place to do business;
- No “Tax Haven” reputation;
- First SGD$100,000 profit is 0% tax rate;
- No Profit tax if the company's offshore profit does not remit into Singapore;
- No restriction on foreign ownership.
