Singapore Company Incorporation

Published: 28th March 2011
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Singapore - one of the most preferred business location in the Asia Pacific region and one of the most business responsive countries worldwide. This status remains to be an attraction both for local and foreign investors. It is also because of this prestige that the government of Singapore continues to eliminate red tape and bureaucracy in business processes.

If you are one of the eager investors who want to be part of Singapore success, you can start by incorporating a company here in Singapore. Let us start with the business registration requirements.

Minimum Requirements for Singapore company registration:
• Minimum of $1 for the paid up capital
• Minimum of 1 local resident director (i.e. Singapore citizen, Singapore Permanent Resident or Singapore work pass holder) that is a natural person and above 18 years.
• Minimum of one local or foreign shareholder.
• Appointment of 1 local company secretary.
• Accessibility to an organization registered address.

Important documents to be secured before entrepreneurs can incorporate a Singapore company. *Note that all documents should be in English or officially endorsed English translated versions.

• The approved name of your Singapore corporation;
• A quick description about the proposed business activities that your Singapore corporation will participate in;
• Particulars with the Singapore corporation's directors, shareholders and company secretary (for instance name, address, citizenship, etc.);
• The corporation's Memorandum and Articles of Association (MAA);
• Passport copies or Singapore Identity card (IC) copies of proposed shareholders and directors;
• Residential address proof of proposed non-resident shareholders and directors; and
• Details from the parent company if the shareholder is really a corporate body.

In addition, if you are a foreigner and you need to register a Singapore company, you need to engage an authorized business registration firm. This is for the reason that Singapore does not allow foreign individuals or entities to self-incorporate a Singapore company. On the other hand if you are an area resident you have the choice to self-register a Singapore corporation. Keep in mind that in case you are self-registering a Singapore corporation, all the directors, the organization secretary and shareholders must either be Singapore citizens, Singapore PRs or Singapore work pass holders.




Rikvin provides Singapore subsidiary registration including securing your Singapore Employment Pass and
Singapore Entrepreneur Visa for Singapore Business Migration.
Rikvin is an ACRA Registered service bureau for Singapore bizfile.
We provide a fast online service for company incorporation, private limited company formation,
business registration and full corporate secretarial services in Singapore.
When you contact Rikvin, you will speak directly to a member of our Business Advisory Team,
which consists of qualified company secretaries and accountants, specially trained in company formation and registration.
Our staff will be delighted to assist you, free of charge, by answering any queries you may have.

Rikvin can incorporate a company in Singapore faster than anyone else and give you the ongoing corporate support you deserve.
Gaining a work pass for Singapore is not guaranteed and yet we have attained an unparalleled 98% approval rate.
Our website provides step by step information to locals and non residents who wish to setup a company in Singapore or
to immigrate to Singapore to run their business operations. We have designed ready made packages for your convenience.

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Source: http://shayne.articlealley.com/singapore-company-incorporation-2145266.html


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