Singapore Company Registration

Singapore Company Registration From INDIA

Singapore has emerged as a popular destination for businesses seeking to expand their operations into Southeast Asia. Its strategic location, stable economy, transparent business environment, and strong intellectual property protection make it an attractive option.

Overview

Our Services:

Private Limited Company Registration
Registered Office Address Services
Company Secretary Services
Corporate Bank Account Opening Assistance
Goods and Services Tax (GST) Registration
Compliance and Legal Advisory
Ongoing Annual Compliance Services
Financial Accounting and Reporting Services
Business License and Permits Assistance
Market Entry Strategy Consulting
Intellectual Property Registration Assistance
International Payment Gateway Assistance
Website Development Assistance
Work Pass Application Services

How to Register a Company in the Singapore ?

Consultation: Schedule a consultation with our experts to discuss your business goals and determine the most suitable company structure for your needs.
Choose a Company Name: Select a unique and available name for your Singapore company. We can assist you in finding suitable options.
Appoint a Local Director and Secretary: A local Singapore resident must be appointed as a director and company secretary. We can help you find qualified individuals.
Prepare the Incorporation Documents: Our team will prepare the necessary documents, including the Memorandum and Articles of Association.
Submit the Application: We will submit the application to the Accounting and Corporate Regulatory Authority (ACRA) on your behalf.
Obtain the Certificate of Incorporation: Upon approval, you will receive the Certificate of Incorporation, officially establishing your Singapore company.

Eligibility for Registering a Company in Singapore as a Non-Resident

Age: You must be at least 18 years old.
Legal Entity: You can register as an individual or a legal entity (such as a company or trust).
Registered Office: A registered office address within Singapore is required.
Local Director and Secretary: You must appoint a local Singapore resident as a director and company secretary.
Business Plan: A basic business plan outlining your company’s activities and objectives is generally recommended, but not always mandatory.

Key Points

No Residency Requirement: You do not need to be a Singapore resident to register a company.
Local Representation: The requirement for a local director and secretary ensures compliance with local regulations.
Business Plan: A well-structured business plan can demonstrate your commitment and viability.

Benefits of Registering Your Business in Singapore

Singapore offers a favorable business environment for non-residents, with numerous benefits that can enhance your company’s operations and growth:

Strategic Location:

Gateway to Asia: Singapore’s strategic location in Southeast Asia provides excellent connectivity to major markets in the region, including China, Indonesia, and Malaysia.
Global Hub: Singapore is a global business hub, attracting multinational corporations and investors from around the world.

Competitive Taxation:

Corporate Tax: Enjoy a corporate tax rate of 0 to 17%, making Singapore one of the most tax-friendly jurisdictions in the world.
Individual Tax: Benefit from a personal income tax rate of 0 to 22%, offering competitive tax advantages for individuals.

Dividend Tax Benefits:

Tax-Free Distribution: Distribute dividends to shareholders without incurring any corporate tax or withholding tax.

Capital Gains Tax Exemption:

No Capital Gains Tax: Realize capital gains from the sale of assets without paying any tax.

Tax Rebate Pooling:

Efficient Tax Management: Utilize tax rebate pooling to offset losses from one company against profits from another within your corporate group.

Unilateral Tax Credit:

Avoid Double Taxation: Claim a unilateral tax credit to avoid double taxation on income earned in Singapore and other countries.

Reduced Withholding Taxes:

Favorable Tax Treatment: Benefit from reduced withholding taxes on income derived from sources outside of Singapore.

Comprehensive Tax Treaty Network:

International Tax Efficiency: Leverage Singapore’s extensive network of tax treaties to optimize your international tax affairs.

Free Trade Agreements:

Market Access: Benefit from preferential market access and reduced trade barriers through Singapore’s free trade agreements.

Robust Financial System:

Financial Hub: Singapore is a leading financial center in Asia, offering a well-established and efficient financial system.
Access to Capital: Access low-cost financial resources and a variety of investment opportunities.

Intellectual Property Incentives:

Innovation Hub: Benefit from various incentives and support programs to foster innovation and protect intellectual property rights.

World-Class Financial Services:

Financial Markets: Access deep and liquid financial markets for various instruments, including equities, bonds, and derivatives.
Corporate Banking: Choose from a wide range of corporate banking services, including loans, trade finance, and treasury solutions.

Business-Friendly Environment:

Ease of Doing Business: Singapore consistently ranks high in global indices for ease of doing business, with efficient government processes and minimal bureaucracy.
Transparent Regulations: Enjoy a transparent and predictable business environment, with clear and effective laws and regulations.

Skilled Workforce:

Quality Talent: Benefit from a highly skilled and multilingual workforce, with a strong emphasis on education and training.
Global Talent Pool: Attract top talent from around the world, thanks to Singapore’s open immigration policies.

Why Choose Bookmyllc?

Expert Guidance: Our experienced team provides personalized advice and support throughout the process.
Efficiency: We streamline the registration process, ensuring a timely and hassle-free experience.
Compliance: We ensure strict adherence to Singapore’s corporate laws and regulations.
Post-Incorporation Services: We offer ongoing support for company maintenance, accounting, and tax compliance.

Documents Required for Company Registration in Singapore

To get started, you’ll need the following:
All ID/passport and proof of address documents of ultimate beneficial owner/shareholders/directors of the proposed company.
Certificate of incorporation/establishment if using a corporate name as shareholder.
Propose name of company (to provide 2 names for us to check availability).
Propose activities of the company.
Name of shareholders and proportion of shareholding.
Share capital amount.
Propose directors’ names.
Other documents required such as CV of director/shareholder/background of previous business.

Company Registration Process

BookmyLLC offers a comprehensive service to help you establish a legal presence in Singapore. Our expert team guides you through the entire registration process, ensuring compliance with local regulations and providing personalized support.

Here’s a step-by-step overview:

Consultation: Schedule a consultation with our experts to discuss your business goals and determine the most suitable company structure for your needs.
Choose a Company Name: Select a unique and available name for your Singapore company. We can assist you in finding suitable options.
Appoint a Local Director and Secretary: A local Singapore resident must be appointed as a director and company secretary. We can help you find qualified individuals.
Prepare the Incorporation Documents: Our team will prepare the necessary documents, including the Memorandum and Articles of Association.
Submit the Application: We will submit the application to the Accounting and Corporate Regulatory Authority (ACRA) on your behalf.
Obtain the Certificate of Incorporation: Upon approval, you will receive the Certificate of Incorporation, officially establishing your Singapore company.

How we can help you?

BookmyLLC offers a comprehensive range of services to support your company registration and ongoing operations in Singapore:

Expert Guidance: Our experienced team provides personalized advice and support throughout the entire registration process.
Efficiency: We streamline the registration process, ensuring a timely and hassle-free experience.
Compliance: We ensure strict adherence to Singapore’s corporate laws and regulations.
Post-Incorporation Services: We offer ongoing support for company maintenance, accounting, tax compliance, and other administrative tasks.
Tailored Solutions: We provide customized solutions to meet your specific business needs and goals.
Simplified Registration Process: We handle all the paperwork and formalities, saving you time and effort.
Local Expertise: Our team has in-depth knowledge of Singapore’s business environment and regulations.
Personalized Support: We provide dedicated support throughout the registration process and beyond.
Cost-Effective Solutions: We offer competitive pricing and transparent fees.
Live Process Updates: We offer real-time updates on the progress of your company registration, so you’re always in the loop.
CPA Assistance: We provide Certified Public Accountant (CPA) assistance during the process, ensuring your business meets all financial and tax compliance requirements.
Affordable Pricing: Our transparent pricing ensures no hidden costs, and we offer a range of packages to suit businesses of all sizes.

Banking & Payment Partners

Frequently Asked question