Category: Company Registration

Great Company Registration: Procedure and Regulations

registered as private limited liability companies. This is because it is a tax efficient corporate body and none of the shareholders are liable to the company’s debts beyond the share capital they hold. A few things that must be taken care of before approaching the government for registration are as follows: The government must approve the name of the company. The company must have a Singapore address, not a PO box. The company can have any number of directors (all legally major), but at least one must be a citizen of Singapore. The company must appoint a Company Secretary who is a Singapore resident. The company does not need an Authorized capital. However, a share capital of minimum $1 must be accounted. Foreign nationals do not require any special Singapore visa if they merely wish to incorporate the company there. However, if one plans to relocate, he/she will require an Employment pass or an Entrepreneur pass. Continue reading