How Can A Registered Singapore Company Do It?

Singapore is a beautiful country with world-class ports and international airports with perfect communication in the free economic system.

Today Singapore is a truly world financial and Trade Center.

More and more entrepreneurs in the world have set up companies or business establishments (offices) in Singapore as the business management center of the Asia Pacific region to facilitate the development of the Asian market.

With the signing of the new us free trade agreement, there is no tariff on the bilateral trade free trade between Singapore and the United States, which is a very favorable opportunity for Asian countries to export American goods.

1, flexible mode of operation

The establishment of a Singapore company can operate both locally and offshore.

2. Good corporate reputation.

The Singapore government has a strict registration and approval system for the registration of Singapore companies, and requires at least one local director of Singapore as a guarantee. There is a corresponding strict system for the subsequent company maintenance, which guarantees Singapore's excellent corporate reputation.

3, legal avoidance of heavy corporate taxes.

Singapore companies only need to declare their corporate income tax once a year, which is taxed on the basis of profits, with a tax rate of only 17% (which can be partially exempted), and the government departments such as the Singapore Economic Development Council, the International Business Development Council, the Tourism Bureau and the Inland Revenue Department have provided a number of tax incentives and relief measures.

4, advanced

Singapore has no control over foreign exchange and capital and profits from local repatriation. Therefore, the depth and liquidity of the capital market help companies to raise funds more easily.

5, an open economic policy.

Singapore companies can benefit from the open policy encouraged by the government. Therefore, international traders can freely buy and sell goods, less protectionist measures and barriers. The Singapore government has signed a free trade agreement (FTAs) and investment guarantee agreements with many other countries, including China, Japan, South Korea, the United States, India and ASEAN 10 countries.

6, global business hub

Singapore is located in the fortress of the Straits of Malacca, making it a world-class marine, land and air pport hub; Singapore based companies can make full use of the integrated infrastructure of sea, land and air to link the world and deliver goods and services to anywhere in the world.

7, the possibility of listing financing.

Singapore companies can be listed on the Singapore Stock Exchange to raise funds in the international capital market.

For example: China Aviation Oil and China Ocean investment.

8. The possibility of immigrated to Singapore.

Through the actual operation and taxation of local companies in Singapore, the shareholders of the company can get the opportunity to move to Singapore by family members, thus achieving double benefits from business and immigration.

The basic requirements for registering a Singapore company are:

Anyone (including Singaporean residents and foreigners) can apply for registration in Singapore.

Bottom

It's Singapore dollar 1 yuan.

Every Singapore company must have at least one director and one shareholder.

At least one director must be a Singaporean resident (Singapore citizen, Singapore permanent resident or Singapore Employment Permit Holder).

Every company must have a registered address in Singapore.

Every Singapore company must appoint a company secretary. The company secretary must be a Singapore citizen and permanent resident.

Registration process:

1, the company name: Singapore company name is English, and does not accept Chinese name registration, with PTE.LTD. (Private Limited) end.

2, company address: Singapore company must provide a Singapore local registered address; the company's business and contact address can be different from the registered address.

3, business scope: since the revision of the company law in 2005, unless the articles of association limit the scope of business of a company, Singapore can engage in all lawful business activities, but when it is registered, it needs to select one or two main businesses of the company.

4. Registered capital: the minimum registered capital of Singapore company is from the 1 new currency, with no maximum limit, and no strict time limit for the payment of registered capital. In the later stage, the registered capital can be freely increased without stamp duty.

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