Singapore currently has a vast network of free trade agreements in Asia, which facilitates enterprises to effectively and easily enter the international market. The main economies that have signed agreements with Singapore include the United States, Japan, China, Australia, New Zealand, the European Union, Jordan, Chile, South Korea, India, Panama, and others.
What are the capital regulations for Singapore companies?
The Company Law stipulates that the establishment of a company's capital is a common occurrence of SGD 50000. Shareholders can decide at any time to increase their registered capital and pay in full capital by filling out forms and paying fees at the registration office. The registered capital represents the limit of the company's share capital that can be issued to shareholders, within which the company can issue shares
How can I register a company in Singapore?
Foreigners can register companies as long as they hold ID cards or passports. Most offshore company have no restrictions on the nationality of shareholders and directors.
Details of registration information for establishing a Singapore company
1. Registered Singapore company, company name: only English name, name must be in English and end with "Pte. Ltd.".
2. Registering a Singapore company with registered capital: Registered capital does not require actual payment, typically 50000 Singapore dollars;
3. Registered Singapore company with a business scope of 2 business projects;
4. Registered Singapore company, shareholders and directors: Provide 2 shareholders and directors of the company, valid passports, copies of identity documents, and share distribution ratio.
Registering a Singapore company requires attention
Company name: The name of Singapore company must be English name, and Chinese name registration is not accepted at present.
Company Address: Singapore companies must provide a local registered address in Singapore. If there is a change in the registered address, they must notify the Singapore Accounting and Enterprise Control Authority within 14 days.
Singapore company registration time: 10-15 working days with complete information.
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