Singapore is consistently ranked as one of the best places in the world to do business. It offers low taxes, strong IP protection, and a strategic location.
Types of Companies
Private Limited Company (Pte Ltd): The most common and flexible structure. It is a separate legal entity.
Documents Required
- Passport: For foreign directors/shareholders.
- Address Proof: Overseas address.
- Resident Director: You must have at least one local director (we can provide a nominee).
The Process
1. Name Approval: Reserve your company name.
2. Prepare Documents: Articles of Association and consent forms.
3. File with ACRA: The Accounting and Corporate Regulatory Authority.
4. Open Bank Account: Many banks allow remote opening for Singapore companies.
5. Register for GST: If turnover exceeds SGD 1 million.