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Incorporate In Singapore

2.200,00 $

Set up a Singapore company limited by shares

Singapore is the trading hub of Southeast Asia. Home of the busiest port in the world, Singapore is a developed country in one of the fastest growing regional economies.

It has enormous potential for startups and internet entrepreneurs from all over the world. The country fosters entrepreneurship, and the government supports the free market.

One of the most advantageous parts of doing business and set up a company in Singapore is the clear and transparent tax scheme and the availability of several tax breaks and incentives for startups and technological innovation.

Furthermore, companies incorporated in Singapore can benefit from a broad list of more than 70 tax treaties that Singapore has concluded with foreign jurisdictions.

Singapore is an excellent jurisdiction to incorporate and its private company limited, a powerful vehicle for international trading, tech start-ups, internet entrepreneurs, venture capital and fintech businesses.

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Description

Note that our incorporation and annual fees are all “all-included fees”, and cover all the required services, duties, disbursements, and procedures to incorporate a Singapore company, and keep it in good standing.

Singapore Private Limited Company Formation – USD 2,200.00 (one-off)

Incorporation of a Singapore Private Limited Company, which includes:

  • drafting and providing the Constitution of the Company
  • drafting and providing the Nominee Director Service Agreement
  • preparing the Director’s Acceptance Letter (Form 45)
  • filing the Company with the Singapore Accounting and Corporate Regulatory Authority (ACRA)
  • ACRA company registration fees
  • providing the ACRA BizFile
  • drafting and providing the First Board Resolution for the Share Allotment and the appointment of Directors, Secretary and Registered Office, and other related matters.
  • providing the Share Certificate(s)
  • preparing and providing the Register of Nominee Directors
  • preparing and providing the Register of Controllers
  • providing certified true copies of all constitutional documents, and delivery to the client’s mailing address, inclusive of courier fees.

Local Director Services – USD 12,000.00 p.a. (annual fee)

All Singapore Companies must have at least one director who is a Singaporean citizen or permanent resident.

Our Local Director Service includes the appointment of a Singaporean resident director to act as nominee director of the Company, in order to comply with statutory requirements of the Companies Act, as well as any ongoing assignment such as the execution of board resolutions.

Nominee Director Refundable deposit – USD 1,600.00 (one-off refundable deposit) (Returned once the professional relationship with the nominee director concludes.) As the Local Director and Secretary bear liability towards the acts of the company and can lose the permission/license from ACRA if their companies are not in good standing, this deposit serves as a bond to be used to strike off the company in case the client abandons the company.

Corporate Secretary Services – USD 3,000.00 p.a. (annual fee)

All Singaporean Companies must appoint a corporate secretary who must be an individual ordinarily resident in Singapore.

Our services include the appointment of a Singaporean resident chartered secretary to act as secretary of the Company, in order to comply with statutory requirements, as well as:

  • preparing the annual general meeting notices, meeting minutes, written resolution in lieu of board meeting, and related matters, as required
  • signature of board resolutions and other corporate documents, as required
  • maintaining the minute book and statutory records

Registered Office Services – USD 1,200.00 p.a. (annual fee)

All Singaporean companies must maintain a Registered Office situated in Singapore.

  • providing a registered office to the Company that complies with the requirements set out in the Companies Act
  • providing a business address
  • providing mail-scanning services

Singapore Bank Account Opening Services – USD 2,000.00 (one-off)

Assistance in opening a bank account for the Company in a Singaporean-licensed bank (DBS, OCBC, UOB, Citibank or RHB), which includes:

  • advising on and assisting in the completion of the Bank’s KYC and questionnaires, bank account application forms, and related documentation, as required
  • managing the bank account opening procedure
  • advising on the meeting with the Bank’s relationship manager
  • arranging a meeting with the Bank’s relationship manager for bank account opening (video-conference)
  • introducing the Client to the Bank’s relationship manager

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