Singapore Company Incorporation


Company Incorporation & Company Formation

Some people may be confused with the term company registration with company incorporation and company formation, don’t worry because it actually all carry the same definition. There are various types of business structures in Singapore, this include Sole-Proprietorship, Partnership and Company. A private limited company is the most common business entity in Singapore. A private limited company is the most typical business entity in Singapore due to it separate legal entity status.

Requirements to register a company

– At least one local director who holds a Singapore IC, or Singapore PR, or Singapore employment pass holder
– At least one shareholder (not necessarily a Singaporean)
– Minimum paid up capital of S$ 1
– Company secretary (Atlas will act as your company secretary)

Information required for company incorporation

– Name of company
– Business activities
– Paid up share capital
– Company registered address
– Particular of Directors and shareholders
– Full name as in passport
– Local corresponding address
– Overseas address, if any
– Nationality
– Identity card No and expiry date
– Passport number and expiry date
– Personal contact (including mobile, home and office number, fax and email address)
– Number of shares issued to each shareholders

* A copy of passport and identity card is required for verification and record purposes

Benefits of having a company incorporated in Singapore

– Safeguard your personal assets and limit your company’s and your personal liabilities
– Substantial tax saving as new companies are entitled to 100% tax exemption for first $100,000 taxable profit and 50% tax exemption on the subsequent $200,000 taxable profit for the first three years
– Exemption of audit requirement for private exempt company and company with sales turnover of less than $5 million
– Easy access to capital funding through the sale of shares to investors and borrowing from banks

Most popular package for Singapore Incorporation at just $498

$180 (our fee) + $318 (fees payable to ACRA)

– Professional service for name application and incorporation
– Government registration fee
– Share certificates
– Minute book & statutory registers
– Memorandum & Articles of Association
– Director resolution and paperwork required for opening of company bank account