Documents Required for Incorporation of Company

The business owners want to know about the setting up a private limited company in Singapore is easier than that in the other jurisdiction. Even it is hassle-free to register company in Singapore for foreigner. The registered tax agents or the company incorporation service Singapore help them out with the necessary information.

The business owners go for it because its government offers various schemes and benefits for its start-ups so that they can easily plant their roots. Singapore corporate tax max out at 17%. There are no taxes on inheritance and capital gains (dividends).

Singapore Incorporation Documents

Singapore is a corruption-free society. The right time for registering a startup in Singapore is "NOW"! You need the documents listed below to initiate the incorporation process for your Singapore company setup.

For foreign Individuals

• Registered address (virtual office)

• Company name registered with ACRA

• Description of business activity

• M&AA

• Copy of passport

• Overseas residential address proof

• Bank reference letter

• Personal and business profile

• Particulars of directors

• Particulars of company secretary

• Particulars of shareholders

For Corporates

• A copy of Certificate of Incorporation

• A copy of Business Profile

• A copy of their M&AA

• Proof of address

For Singapore Residents

• A copy of Singapore ID

For Non-Residents

• A copy of passport

• Proof of overseas address

• Know Your Client documents

Post-Incorporation Tasks

After successfully registering a business in Singapore, but before starting their business activities, the business owners have a few other tasks to take care of. They are as follows:

GST Registration

The owner has to assess the need for company secretary to streamline your statutory responsibilities.

Pre Incorporation Requirements

However, before you could think of registering a business in Singapore you need to have:

• At least one resident director

• At least one shareholder

• At least one company secretary

• Minimum of $1 in initial paid-up share capital

• Registered office address

• M&AA

SBS Consulting is one of the leading corporate services provider in Singapore. It specializes in Company Incorporation, Accounting, Preparation of director's report, Taxation, GST, Payroll, XBRL, IT software development and maintenance, etc.