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Formalities for Singapore company setup

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What are the necessary formalities to start a company in Singapore? What are the legal requirements to start a company? Read now to know more. – PowerPoint PPT presentation

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Title: Formalities for Singapore company setup


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(No Transcript)
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WHY TO INVEST IN SINGAPORE
  • The IMF reports that Singapore is the 3rd
    Wealthiest Country in the World (in terms of
    economic output per head)
  • Worlds No.1 Country with Best Investment
    Potential
  • Ranked as Asias Best Intellectual Property
    Protection
  • Ranked as The Worlds Easiest Place to do
    Business
  • Source
  • Business Environment Risk Intelligence (BERI)
    Report April 2014
  • Global Competitiveness Report 2013-14 by World
    Economic Forum
  • Doing Business Report 2014 by World Bank

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DIFFERENT OPTIONS AVAILABLE TO ESTABLISH A COMPANY
  • Company with shareholders
  • Foreign branch of an international company
  • Subsidiary company
  • Limited liability partnership
  • Limited partnership
  • The type of establishment to be formed depends on
    various factors including
  • Tax consideration
  • Number and extent of liability of owners
  • Legal status of the applicant
  • Cost factors
  • License and other regulatory arrangements

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MINIMUM REQUIREMENTS FOR STARTING A COMPANY
  1. A minimum of one shareholder. But the government
    allows foreign nationals/entities to own 100
    shares.
  2. At least one director should be a Singaporean or
    a person with a Permanent Resident (PR) status,
    or a person holding a valid Employment Pass (EP)
  3. A Company Secretary who is a Singapore citizen or
    a person with PR status, or EP status, Entrepass,
    or a Dependent Pass holder.
  4. A local registered address

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THE PROCESS OF STARTING A COMPANY
  1. Registering the Company with the Accounting and
    Corporate Regulatory Authority (ACRA) and
    applying for tax number
  2. Making a company seal
  3. Sign up for Employee Compensation Insurance

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HOW DO WE HELP
  • We are Sandhurst Consultancy Pte Ltd. a
    consulting company specializing in company
    formation, setup, and registration services. We
    also offer financial accounting and business
    advisory services. Our service highlights
    include
  • Managed by fully qualified accountants with 3
    decades of experience in the industry
  • Help with backup services like GST registration,
    business process outsourcing, export import
    documentation, payroll and accounting services
  • Customized services

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  • For more details www.e-sandhurst.com
  • Or, call 65 6338 4202
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