SINGAPORE COMPANY FORMATION
LOCAL NOMINEE DIRECTOR
BANK ACCOUNTS
Singapore company formation. Offshore Incorporation in Singapore.
KGN Services specializes in Singapore company formation and bank account opening.
Singapore Company Formation – Overview
Main company legislation
Companies Act, Income Tax Act.
Type of law
Ordinary.
Legislative language and corporate documents
English.
Entity type for international trade, investment and tax planning
Limited Liability Company.
Key Facts
Share capital
The concept of authorized share capital has been abolished in January 2006, and the minimum number of issued shares is 1.
Available share classes
Ordinary shares, preference shares, redeemable shares.
Bearer shares
Not allowed.
Restrictions on trade
Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship are not permitted.
Registered domicile required
Yes, must be maintained in Singapore.
Directors
A Singapore company requires at least one director. Director can be of any nationality and need not be resident, but at least one director must be resident in Singapore.
Shareholders
A Singapore corporation requires at least one shareholder.
Publicly available records
Yes.
Nominee shareholders and nominee directors
Allowed.
Location of board and shareholder meetings
Everywhere.
Personal presence required
None.
Taxation
0-17%.
Access to double taxation
China, Indonesia, Thailand, Malaysia, Philippines, Vietnam, India, Japan, Korea, Australia, New Zealand, South Africa, United Kingdom, Netherlands, Germany, Switzerland, Sweden, France, Belgium, Finland and United Arab Emirates.
Requirements for registration of accounts
Yes.
Requirement to submit an annual statement
None.
Revision requirements
None.
Exchange control
None.
Time to incorporate
One week subject to name approval.
Name of a company
The language of the name
latin alphabet.
Limited Words
Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust”, “Trustee” etc. will require justification.
Name of a company
The words “Private Limited” or “Pte. Ltd.” must be part of the name of every Singapore offshore company.
Do you have questions? Need advice?
Make an inquiry or request a confidential call back or chat with us.
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Singapore Company Formation Rates
Singapore Company Formation Package includes:
- Check company name
- Initial business approval
- Preparation of application documents
- Company registration fee
- Certificate of Incorporation
- Business registration certificate
- Memorandum and Articles of Association in English
- Registered office address in Central Hong Kong for
- Company secretary service for 1 year
- Minutes of the meeting
- Share certificate(s)
- Register of shareholders
- Register of directors
Standard Singapore Company Formation:
From $3490
Singapore Company with Local Nominee Director:
From $7890
*Security deposit is not required.
Why choose KGN Services?
We have been helping business owners since 1996Our focus is to incorporate your business
We make a complex process quick and easy
We work closely with the company registers to guarantee our service
Fastest offshore companies and accounts – The most competitive rates worldwide
Services in Singapore
KGN Services provides the following services in Singapore:
- Singapore company formation
- Registered office services
- Secretarial services
- Nominee Shareholder / Nominee Director – Resident in Singapore
- Opening bank accounts
- Full administration services
- Mailing address
- Virtual office
- Bookkeeping and auditing
- Trademark registration
Singapore – General information
Location: Southeast Asia, islands between Malaysia and Indonesia.
Area: total: 719.2 sqm, land: 709.2 sqm, water: 10 sqm. …
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Natural resources : Fish, deep water ports.
Population: 5,888,926 (July 2017 est.).
Capital: Singapore.
Time zone: UTC+8.
Languages: English (official) 36.9%, Mandarin (official) 34.9%, other Chinese dialects (including Hokkien, Cantonese, Teochew) 12.2%, Malay (official) 10.7%, Tamil (official) 3 .3%, others 2%.
Government Type: Parliamentary Republic.
Legal system : English common law.
Participation in international organisations:ADB, AOSIS, APEC, Arctic Council (Observer), ARF, ASEAN, BIS, C, CP, EAS, FAO, FATF, G-77, IAEA, IBRD, ICAO, ICC (National Committees), ICCt, ICRM, IDA , IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NAM, OPCW, Pacific Alliance (Observer), PCA, UN, UNCTAD, UNESCO, UNHCR, UPU, WCO, WHO, WIPO, WMO, WTO.
Economy : This vibrant, export-oriented, free-market economy has a remarkably open and corruption-free environment, low taxes, stable prices, and a high per capita income. per capita, attracting global investors to its high-tech industrial and financial services sectors.
Currency: Singapore dollar (SGD).
KGN Services | Company Formation in Singapore | Offshore Incorporation Singapore | Singapore Offshore Company Formation | Singapore Offshore Incorporation
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Requirement to submit an annual statement
