Singapore Offshore Company Formation
Singapore is known for its business-friendly regulatory environment, ease of doing business. The country is one of the key economic centres of Southeast Asia in such areas as shipping, trade, high-tech, and financial services. Singapore political stability, pro-business policy and extremely tax benefits are three key reasons why entrepreneurs from around the world prefer to incorporate start-ups companies in Singapore.
The most common type of business entity to be set up in Singapore is the Private Limited Company. The Private Limited (Pte Ltd) company is the safest and the most cost-beneficial way to set up a business in Singapore as this form of business registration protects shareholders’ personal assets by separating them from the company’s liabilities and limiting the latter with the share capital. Company’s members do not risk their personal possessions in case the company has debts or issues with the law because the company’s separate legal entity lets it be liable in its own name. Private Limited is the best choice for serious businesses that aim at growing as most of its benefits (including the tax ones) are tangible in a long-term outlook.
Singapore has the following benefits:
- Reputable and Credible Image
- Comprehensive Intellectual Property Protection
- Well-developed Capital Markets and Financial Systems
- Attractive Tax Rates compared to other World Leading Business Centers
- Corruption free Regulatory Framework and Environment
- 100% Foreign Ownership and No Exchange Control
- Exempt Private Limited Company (Singapore Pte Ltd)
- Public Limited Company (Singapore PLC)
Singapore company is ideal for:
General Information for Singapore Company | |
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Corporate Income Tax | First SGD 100,000 4.25%. |
British Based Legal System | Yes |
Double Tax Treaty Access | Yes |
Incorporation Time Frame (Approx., days) | 7 working days+ delivery time for the courier |
Minimum Number of Shareholders | 1 |
Minimum Number of Directors | 1 |
Corporate Directors Permitted | No |
Standard Authorized Capital | The minimum issued capital must be at least S$1. However, there is no minimum paid-up capital required. |
Local Requirements | |
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Registered Office | Yes |
Company Secretary | Yes |
Local Meetings | No |
Local Directors / Shareholders | Yes, at least one director of the company must be a resident of Singapore. |
Publicly Accessible Records | No |
Annual Requirements | |
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Annual Return | No |
Audited Accounts | No |
Cost of Singapore Company Formation
From
€ 4990Singapore Company Services Fees
- Done within 3 working day
- 100% successful rate
- Fast, easy & highest confidential via secured systems
- Dedicated support (24/7)
- Just Order, We Do All For You