Overseas Company Registration
What documents are required to register a Singapore company? Hongyuan International Detailed Explanation
作者:ycadmin   时间:2020-09-18   浏览384 次

Singapore has a stable political environment, good law and order, and superior geographical location. It is known as the gateway to Asia, the intersection of Eastern and Western cultures, and an economic hub connecting Asia to the world, attracting more and more Chinese investors to register companies in Singapore. So, what documents and information are required to register a Singapore company? Next, Hongyuan International will take you through the required documents for registering a Singapore company:注册新加坡公司

1. Company Name:

Singapore company names must be in English and currently do not accept Chinese name registration. Three English names can be provided simultaneously for backup; Step 1 of the Singapore company registration process: After providing the desired company name, conduct a name search with the Accounting and Business Regulatory Authority (ACRA) of Singapore to confirm the availability of the company name. The name of a Singapore company must be in English. The proposed company name cannot conflict with the existing registered company name.

2. Registered address:

Singaporean companies must provide a local registered address in Singapore, and if there is a change in the registered address, they must notify the Accounting and Corporate Services Authority of Singapore within 14 days.

3. Business scope:

Singaporean companies can choose up to 2 business projects. For Singaporean private companies, it is best to specify the nature of the industry, such as the trade of certain products and the type of investment, such as equity investment; In order to remove the business scope codes that match the customer's enterprise from the list of business scope specified by the government.

4. Registered capital:

The registered capital of a Singaporean company starts from SGD 1 and has no upper limit. Singaporean companies usually have no strict deadline for the full payment of registered capital and are not subject to stamp duty. The registered capital can be in Singapore currency or other commonly used foreign currencies; Determine the registered capital of the Singapore company and confirm the shareholding ratio and number of each shareholder with multiple shareholders.

6. Shareholder Information

Copy of shareholder ID card (or passport), shareholding ratio, and copy of director ID card (or passport).

7. Legal Secretary of the Company

Finally, any company must appoint a company secretary within 6 months of its establishment. It is also necessary to provide an explanation of the source of funds for starting a business in Singapore, such as salary, the name of the employer, position, and years of experience, as well as start-up capital, the name of the startup company, and the business it operates.

For more questions about Singapore company registration, please feel free to consult Hongyuan International.

 
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