Set Up Your Company the Easy Way

Whether you are a local investor or a foreigner, it is better to use the expertise of a corporate consultant for setting up your company in Singapore. A foreign individual or company has to necessarily go through an agent as the ACRA doesn’t permit them to register the company directly. Singapore Accounts is an efficient agent who has helped set up many foreign companies in Singapore.

We are able to do the job perfectly due to our familiarity with the local rules and regulations. We offer different packages depending on what type of company the foreigners want to open. Foreign individuals can open Singapore companies which they can either stay here and supervise or leave the work to local people. For setting up a company in Singapore without their relocation to Singapore, there will be the need to have a local resident director which we can provide in the package. Alternatively, the individual can relocate to Singapore and handle the operations himself. We can arrange to get the Employment Pass which will facilitate the foreigner to stay here and work.

Foreign companies can start their subsidiaries in Singapore which are fully owned by the parent company. They are permitted to own property and earn profits. If the company doesn’t wish to place a person here, Singapore Accounts can provide a package that will include the service of a nominee director. We can also offer a package including getting the employment pass if someone is going to stay in Singapore and look after the working of the subsidiary.

Both these types of companies and individuals will need to appoint a person as company secretary within six months of incorporation. Our packages will include the services of a company secretary for one year. The company secretary needs to be a local resident and familiar with the local laws. Hence it makes sense for the foreign companies to avail this service. We will also provide a registered office address for one year under our package. This is also a mandatory requirement for all companies incorporated in Singapore.

The other types of companies that can be started by foreign companies are the branch office and the representative office. We offer affordable packages for a branch office with employment pass. Our package for representative office can include the services of the nominee director if required or securing an employment pass.

Singapore Accounts as the name suggests is an expert in accounting work. Small and medium companies that find it difficult for appointing a dedicated accountant can leave the job to us. Bookkeeping is a very important function in any company. Apart from being mandatory, it is very useful for the company as this will record all the transactions. We have experts who will enter every transaction perfectly and help to extract valuable statements. Our bookkeeping services in Singapore include the preparation of balance sheet, trial balance, and profit & loss accounts. We also prepare a detailed statement of payables and receivables.

Singapore Accounts can help with all the requirements starting from Singapore company registration. We are the friend every business need in Singapore.

Elliot is well known content writer. He has a lot of experience and has written many articles on the topic of accounting firms in Singapore and file annual return.