On average, your Singapore company can be registered within one working day upon submitting the necessary documents.
Singapore is a popular jurisdiction for offshore companies due to its stable political environment, strong economy, and favourable tax policies. Setting up an offshore company in Singapore can provide numerous benefits such as access to a large pool of skilled labour, a strategic location for doing business in the Asia-Pacific region, and a favourable tax rate on taxable income.
In addition, Singapore has a modern and efficient legal system and is known for its strict adherence to the rule of law, which can provide added protection and security for your offshore company. Overall, Singapore is a reliable and trustworthy jurisdiction for smart entrepreneurs that are looking to set up an offshore company.
Minimum of 1 Director
Minimum of 1 Local Director
Nominee Director Services Available
Minimum of 1 Shareholder
Minimum of 1 Corporate Secretary
Minimum Paid-Up Capital of SGD $1
Corporate Income Tax
First SGD $100,000 at 4.25%.
Next SGD $100,001 at 8.5%.
Over SGD $200,000 at 17%.
Company Registration (Private Limited)
Company Name Reservation
Preparation of all necessary documents of your company with the Registrar
Certificate of Incorporation
First Board of Directors Resolution
Provision of Registered Address
Annual Renewal Services
Point of Contact to Receive Notices from Local Authorities
Provision of Company Secretary for 1 year.
Additional Services (Variation Order)
Company Rubber Stamp
Bank Account Opening Assistance
Goods & Services Tax (GST) Registration
Virtual Offices Available
Annual Nominee Director Services
Annual Accounting and Tax Filing Services
Depending on the type and nature of your business that you’re setting up, the minimum paid-up capital varies. The minimum paid-up capital for a private limited company can be as little as SGD$1.00
However, businesses that are in regulated industries, would require higher paid-up capital requirements.
Every company incorporated in Singapore will be required to register a local address.
Having a local address is essential for your business to be easily located for mail, especially from local authorities.
No. It is not required for you to be physically present in Singapore for the incorporation process. Our team of experts will assist you every step of the way.
Yes, taxes are charged from business activities in Singapore or any income received in Singapore.
Corporate taxes in Singapore can be as low as 0% -17% while personal income tax can be anywhere from 0% – 20%.
However, foreign-sourced income is exempted. In addition, Singapore does not have capital gains tax, nor a dividend tax.
Ready to incorporate in Singapore? Talk to our experts today and get your Singapore company up and running in no time!