Company Registration Singapore - Start Your Business With SBS Consulting

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Incorporation of LLC (Limited Liability Company)

• Exempt Private Company- 20 members or less/ none
  of the shareholder is a corporate entity
• Private Limited Company No. of shareholders
  limited to 50
• Public Company limited by guarantee

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Filing of Application Form
Who can Incorporate a Company in Singapore?

• Foreign Individuals
• Foreign Companies
• Local Residents of Singapore
• Local Singapore Companies

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Foreign Individual
To incorporate a company, a foreign individual
must

• Secure an Employment Pass or
• Apply for EntrePass or
• Appoint a Local Nominee Director

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Foreign Companies
1. Subsidiary Company A private limited company
that can have the parent foreign company as a
major shareholder. 2. Branch Office A branch is
a merely an extension of the foreign parent
company. It does not have a distinct legal
identity. 3. Representative Office An office
set up mainly for the purpose of market research
and studying business potentialities.
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Local Residents of Singapore
Business Structures

• Sole Proprietorship- Owned by single person and
  have no legal identity
• Private Limited Company - Popular for its
  scalable nature, limited liability to
  shareholders.
• Partnership- Owned by two or more person with no
  distinct legal identity
• Limited Partnership- Consists of General and
  limited partners
• Limited Liability Partnership- Has own legal
  identity and limited liability of the partners.

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Private Limited Company
The Most Popular Structure for Locals
Foreigners is Private Limited Company, a Type of
Limited Liability Company The registration of
company can be completed in two Steps

1. Company Name Reservation and
2. Company Registration

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Company Name Reservation

• Get the proposed company name approved before
  registration.
• The name must be unique, nonidentical or
  phonetically different from any existed company
  name.
• It should be devoid of any vulgar or obscene
  word.
• Infringement of copyright issue must be avoided.
• Use of certain words like "Bank," "Insurance,"
  "University," etc. needs the approval of the
  external authority.
• Once approved by the authority, it remains
  reserved for 60 days.

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Other Requirements

• At least one local resident director must be
  appointed. Singapore Citizen, PR (Permanent
  Resident) or bearer of EP/EntrePass.
• The director must be 18 years of age and above.
  He should not be bankrupt or convicted in any
  malpractices.
• The number of shareholders has to be between 1 to
  50. Both individual and corporate entity can be a
  shareholder. 100 local foreign shareholding is
  allowed.
• Appointment of a company secretary has to be done
  within six months from the date of incorporation.

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Documents Required

• Non-resident Individuals Copy of passport,
  residential address proof of native country
• Singapore Residents Copy of Singapore identity
  card
• Corporate Entity Copy of Certificate of
  Incorporation Memorandum and Article of
  Associations of the overseas company.

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What We Offer are

• Name Check availability and reservation
• Preparation of incorporation documents
• Payment of ACRA Fees
• E-Certificate of Incorporation
• Company Business Profile with UEN No.
• Minutes of First Board Meeting
• Share certificate(s)
• Common Seal
• Preparation of Company Kit
• FREE Registered Address Company Secretari
• Bank account opening Assistance (FREE)

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SBS CONSULTING PTE LTD
SBS Consulting Pte Ltd, incorporated in 2010, a
Singapore firm that has been catering to a pool
of entrepreneur aspirants with a host of
corporate services. Apart from the core service
of company registration Singapore, the firm is
forefront in offering a gamut of unparalleled
services in the industry. Accounting,
bookkeeping, XBRL filing, GST, AGM filing,
payroll Corporate Tax, secretarial services and
so on are to name a few.
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SBS CONSULTING PTE LTD
Office Address High Street Centre, 17-02, 1
North Bridge Road, Singapore Phone 65-6536
0036 Email info_at_sbsgroup.com.sg