Singapore's strategic location,favorable economic environment and an efficient startup ecosystem have attracted many international entrepreneurs and investors to set up a company in Singapore.
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Guide to business entities and singapore company registration for foreigners
1. Guide to Business Entities and
Singapore Company Registration
for Foreigners
SBS Consulting Pte Ltd
Presented by
2. Singapore's strategic location,
favorable economic environment, and
an efficient startup ecosystem have
attracted many international
entrepreneurs and investors to set up
a company in Singapore.
3. Singapore Company Incorporation Options for
Foreign Individuals
Company Incorporation with Relocation
●
Obtain an Employment Pass; or
●
Apply for an EntrePass
Company Incorporation Without Relocation
●
Appoint a Local Nominee Director
4. Company Incorporation Options for
Foreign Corporations
●
Subsidiary Company : A subsidiary company is a form of private limited
company with the parent company as its sole or a major shareholder.
●
Branch Office : A Branch office as a mere extension of the foreign
company that is registered outside of Singapore.
●
Representative Office : A Representative office is meant for foreign
companies interested to tap the business potential and access the
markets before taking the final plunge.
5. Subsidiary Company
Features :
●
A subsidiary company is wholly owned by the parent company and is
considered a separate legal entity.
●
It being a Singapore resident company enjoys tax exemptions and incentives
available to local companies.
Requirements :
●
Minimum 1 Shareholder + 1 Resident Director + 1 Company Secretary + S$ 1 as
minimum paid-up capital + a registered Singapore office address
●
Resident Director must be a Singapore resident or Holder of
EP/EntrePass/ DP.
6. Branch Office
Features :
●
The Company Name should be same as that of the parent company overseas.
●
The branch office does not have a separate legal entity; therefore, it is
considered as a non-resident business entity in Singapore.
Requirements :
●
At least 2 Resident Agents
●
A registered Singapore office address
7. Representative Office
Requirements:
●
1 Chief Representative officer
●
A registered Singapore office address
●
If a foreign company plans to send its own chief representative officer, it has to
apply for his/her employment pass
8. Minimum Requirements of Singapore
Company Registration
●
AT LEAST ONE RESIDENT DIRECTOR
●
AT LEAST ONE SHAREHOLDER
●
A COMPANY SECRETARY
●
MINIMUM S$1 AS INITIAL PAID UP CAPITAL
●
A LOCAL REGISTERED OFFICE ADDRESS
9. Necessary Documents Required
for registration
●
Approved Business/Company Name
●
A brief Description of Business Activities
●
Particulars of Shareholders
●
Particulars of Directors
●
Registered Address of the Singapore Companies
●
A copy of the first page of your passport and the address proof of your
overseas residence.
10. Foreigners often face many challenges in the course of
company registration process due to the compliance
requirements like the local director, registered office
address and SingPass ID.
We recommend the foreign individuals and corporate to
engage a reliable Singapore incorporation service provider
for carrying out the process in a seamless manner.
11. Thank You!
For more information on Company Incorporation in Singapore,
feel free to contact us at,
Phone : +65-6536 0036
Email : info@sbsgroup.com.sg
Visit us : www.sbsgroup.com.sg