If you are a foreign individual or a group of business partners who would like to incorporate a company in Singapore, this package is for you. To incorporate a company in Singapore, you must have the following:
- At least 1 local director
- At least 1 local secretary
- A minimum of one shareholder
- A registered office address in Singapore
- A minimum paid-up capital of S$1/ US$1
A foreigner (non-Singaporean) is allowed to hold 100% of the shares of a company in Singapore. You are not required to get an Employment Pass (EP) in Singapore to manage and control your business here. However, if you plan to relocate to Singapore to work for this company, please refer to the section Applying for an Employment Pass in Singapore. The EP application process will start after incorporating the company.
If your current company is planning to incorporate a new company Singapore as part of a business growth plan, please refer to these following articles: Register a Representative Office, Register a Branch, and Register a Subsidiary Company.
- Reserve a company’s name
- Prepare incorporation documents
- Submit all incorporation documents with The Accounting and Corporate Regulatory Authority (ACRA) of Singapore
- Pay government fees
- Appoint a local director (nominee director) for a period discussed between you and Global Link Asia Consulting (read more below)
- Appoint a local secretary for one year (read more below)
- Provide a registered address for the company for one year
- Assist with opening a bank account
- Provide a company seal
To comply with the Singapore Companies Act, all companies must have a local director or nominee director. If you are a foreign individual and are not able to fulfil this requirement, Global Link Asia Consulting will help to appoint a Singaporean citizen who will assist you with statutory compliance. He/she will not be involved in the business, or have any right to make any decisions to the management of the company.
*** Kindly note: A security deposit is required for the duration you use our nominee director service. The security deposit will be refunded after you stop using the nominee director service.
All companies in Singapore must appoint a qualified secretary who has knowledge and experience with the corporate laws in Singapore. The secretary is considered to be the company’s administrator who takes care of all aspects of compliance. The company secretary must be appointed within six months from the incorporation date. If you are a foreign individual and are not able to fulfil this requirement, Global Link Asia Consulting will help to appoint a Singaporean citizen who will assist you with statutory compliance.
Global Link Asia Consulting offers FREE website design service when you incorporate your Singapore company with us. Just select a website design you want and we will do it for free. You will receive a responsive website with optimized viewing and navigation across a wide range of devices, including traditional PC desktop and laptop computers, tablets, smartphones, and other mobile devices
Additionally, GLAC will also create 10 email accounts (storage capacity of 5 GB per email) specific to the domain name you registered for free (i.e: if your website domain is “domain.com”, the email address will be “firstname.lastname@example.org ”).
Global Link Asia Consulting will also give the domain name (for example, “YourCompanyName.com”) for free for the first year so you only need to pay a small fee for standard web hosting.
Read more here: GlobalWeb - https://globalweb.asia/en/service/website-designing