Singapore companies

Singapore companies advantages

How to start a company in Singapore

How to use Singapore company

Singaporean companies are central to the way Singaporean business is run. The highest business reputation and moderate taxation of Singapore, along with a welcoming attitude towards entrepreneurs makes a Singaporean company a state-of-the-art tool for the development of a modern global business.

Here are just some advantages of register company in Singapore:

  • the territorial principle of taxation allows income derived from foreign sources outside Singapore and which is not planned to be received in Singapore to be deducted from taxable income in Singapore;
  • There is no withholding tax on dividend payments which makes Singaporean companies attractive as the owner of income-bearing assets.
  • Singapore has 85 agreements of double taxation avoidance with other countries, allowing Singaporean companies to conduct mutually beneficial trade with countries producing over 60% of global GDP;

We offer a full range of registration and support services for Singaporean companies, namely:

  • preparation and submission of incorporation documents to ACRA (Accounting and Corporate Regulatory Authority) – the authority responsible for the registration and maintenance of the registry of Singaporean companies;
  • registered office address provision in Singapore in accordance with the Singapore Companies Act (Cap. 50);
  • Provision of Secretary who should ordinarily be a resident of Singapore, in accordance with the Singapore Companies Act (Cap. 50);
  • Provision of Director who should ordinarily be a resident of Singapore in accordance with the Singapore Companies Act (Cap. 50);
  • Accomplishment of decisions on the appointment of additional Company's Directors;
  • Accomplishment of documents for shares transfer to the ultimate beneficiaries (when necessary);
  • Filing with ACRA information on change of Directors/Secretaries and transfer of shares in accordance with the companies Act of Singapore,(Cap. 50);
  • Arrange document legalisation for their subsequent use outside Singapore for the purposes of establishing foreign representative Offices, branches, subsidiaries, opening of Bank accounts with foreign banks, etc.
  • Assistance in opening Bank accounts with local and foreign banks;
  • Mailing address provision in Singapore;
  • Singapore telephone number provision;
  • Registration and activation of accounts in payment systems (PayPal, Skrill, SmoovPay and others);
  • Obtaining D-U-N-S identifier;
  • preparation of Compulsory Annual Financial Statements and filing with the relevant authorities of Singapore;

You can find out more about Singapore companies from the articles and presentations made by our experts.

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