What Are The Available Company Registration Services In Singapore
Today, Singapore has been popular as the world’s easiest place to do business in the latest World Bank “Ease of Doing Business Report”. This is the major reason for the increase of Singapore companies operating to provide company registration services to local and foreign individuals and companies.
Local and foreign individuals and companies who wish to register a Singapore company should start by identifying what type of business format would be appropriate for their company’s objective. Foreign businessmen have the option to register a subsidiary company, representative office and a branch office. On the other hand, local businessmen can register a private limited company, limited liability partnership and sole proprietorship.
After deciding on a specific business format, you can now outline what type of services you will need. Below are the common corporate services that can be found in Singapore:
• Company Registration for foreign individuals, foreign companies, Singapore residents and offshore companies.
• Post Incorporation: compliance matters, licenses and permits, taxation and banking
• Work Visas: Employment Pass, EntrePass
• Corporate Services: corporate secretarial, accounting services, domain registration and virtual office
• Nominee Services: nominee shareholder, nominee director and nominee agent
Foreign individuals and companies in company registration should note the following:
• Singapore Companies Act does not allow foreign individuals or entities to self-register a company. You can engage Rikvin, Singapore’s leading incorporation specialist, to set up your company.
• Appoint a Singapore resident to be the director of the company. A Singapore resident can be a Singapore citizen, permanent resident or holder of an EP or EntrePass. In the event that you are unable to appoint a Singapore resident director, Rikvin can provide you with one through our Nominee Director service. The service can be temporary or long term depending on your needs.
• Provide a Singapore address as the registered address for the company. Alternatively, you can also engage a Registered Address service through Rikvin.
In addition, please take note of the following information required by the company registrar:
1. Company Name
2. Brief Description of Business Activities
3. Shareholders Particulars
4. Directors Particulars
5. Registered Address
6. Company Secretary Particulars
7. Memorandum and Articles of Association (MAA). Singapore Company Registrar provides a standard MAA document that is suitable for most instances.
This guide is an overview of a business registration in Singapore. If you need additional information on company registration services, you can immediately proceed by hiring a professional company registration firm that will facilitate all submissions and legal procedures in your behalf.
Rikvin is a Singapore-based firm that provides world-class service for incorporation, accounting, tax, immigration, Company Registration Services and compliance services for local and foreign individuals and companies. The company is composed of highly experienced professionals to ensure stability in the quality of our services. Our office is located at Raffles Place, in the heart of the Singapore business district. («CBD») If you are in our neighborhood and want to discuss any aspect of our service then feel free to come in to our offices during business hours. Appointments are welcome but definitely not necessary.
