Registration Information
1. Issued capital/paid-up capital
The Company Law stipulates that the issued and paid-up capital for the establishment starts at S$1 (it can also be US dollars). Shareholders can decide to increase the registered capital and paid-up at any time provided that they fill in the form and pay at the registry office. Issuing capital represents the maximum amount of share capital that the company can issue to shareholders. The company can issue shares within this limit and require shareholders to pay one or multiple times for subscribed shares. Subscribed and fully paid-up stocks are the company's paid-up capital.
2. Documents to be submitted for establishment:
1) Articles of Association; 2) Directors’ affidavit of compliance; 3) Identity certificate; 4) Director’s appointment letter and qualification affidavit; 5) Company registered address and its office hours report form.
In addition, company directors, legal secretary and auditors, tax agents and etc. must be reported within three months after establishment of the company.
3. Directors
4. Auditor
Within 3 months after establishment, a registered accounting firm must be appointed as the company auditor. The auditor's task is to review independently the company's financial statement and submit an audit report during annual settlement. Private companies with income of S$5 million or less will be exempt from annual audits.
5. Company secretary
Within 6 months after the establishment of the company, a company's legal secretary must be appointed. His/her responsibilities include:
1) Submit in time the reports and forms required by the Company Law to the Registrar from the Commercial Registration Office;
2) Keep properly the company name and meeting records;
3) When necessary, sign and confirm each contract and board of directors resolution;
4) Ensure company documents are properly stamped with the company seal;
6. The company's legal registered address:
The company must have a legal registered address. Changes on address or name of the office location must be notified to the Registry 14 days in advance.
Registration Fee
Singapore company registration and maintenance
1. Basic package:
1) Registration services: ACRA registration; Singapore directors; Articles of Association, Directors’ Statement/Shareholders’ Resolutions; Issuance of Company Shares Documents; Company Bank Account Resolutions；
2) Custody maintenance for the first year: legal registered address and correspondence address; legal and commercial secretaries; bank account opening; telephone answering; sending and receiving letters and faxes;
2. VIP package:
1) Registration services: ACRA registration; Singapore directors; Articles of Association, Directors’ Statement/Shareholders’ Resolutions; Issuance of Company Shares Documents; Company Bank Account Resolutions.
2) Custody maintenance for the first year: legal registered address and correspondence address; legal and commercial secretaries; bank account opening; telephone answering; sending and receiving letters and faxes.
3) company annual report; escorting service for account opening; 2 visas; general operation consulting services; Xinzhong e-newsletter
Registration Process
Complete File
Documents obtained after registration
1. Original copy of company registration certificate (CONPANY CERT HARD COPY)
2. An electronic copy of registration information (CONPANY BIZFILE)
3. Five copies of Articles of Association (M&A)
4. Certain amount of company stocks
5. Business seal and steel seal
6. Company receipt (INVOICE) and payment voucher (PAYMENT VOCHUER)
7. Others: according to service package and requirements
Set Up An Account
Tax Situation
Repair Service
Other Service
Other services
1. Assistance on bank account opening in Singapore and offshore;
2. Custodian maintenance: commercial secretary, accounting, annual report, auditing, tax declaration, corporate change, etc.;
3. Pass application: Entrepreneur Entry Pass (EP); Employee Employment Pass (EP); Family Pass (DP),
4. Visa application: short-term multiple-entry visa;
5. Government projects: applications for Global Trader Program, International Headquarters Program, Regional Headquarters Program, etc.;
6. Trademark license: trademark application, various license applications, customs number CR application, consumption tax GST application, provident fund CPF application;
7. Offshore operations: consulting services for offshore operations;
8. Operation management: company operation management consulting services, fiscal and taxation consulting, accounting training;
9. Corporate financing: financing in Singapore, deposit and loan, trading, listing and financing
10. Overseas investment: overseas development planning, establishment of overseas trust funds, investment projects in Singapore and overseas, mergers and acquisitions, restructuring, etc.
Note: ①The packages include opening a local bank account②Haifeng can help register a non-profit fund company upon request
Common Problem
1.Requirements for shareholders and directors of Singapore companies
Any person or company can invest in establishing a Singapore company. There must be at least one director over 18 years old,the new director must meet one of the following requirements:
1) Singapore citizenship
2) Singapore permanent residency
3) Employment pass holders (for more than 1 year)
4) Basically approved employment pass holders or relatives pass holders (passes more than 1 year)
5) Shareholders can be natural or legal persons
Due to the adjustment of local laws and policies and changes in exchange rates, please call +8613851776886 (whatsapp) or send email to [email protected] for the updatest registration process and fees