Company Incorporation Services in Singapore

Yes, at least one director who resides in Singapore must be present in a Singaporean business. This is evident according to Singapore’s Companies Act.

Company registration in Singapore can be done by following these few steps:

• First of all, the business owner needs to review and understand the registration requirements of Singapore’s company.
• After that, it is necessary to fix a corporate structure and assembly required documents.
• Look whether the company name you are looking forward to is available or not.
• Get professional help from business incorporation services and sign incorporation papers.
• Open your company’s bank account after incorporating it.

Check out the documents you will need for this overall process:

• Identification documents of directors and shareholders
• Company name approval
• Company registration form
• Memorandum and Articles of Association
• Appointment of company secretary
• Permits and business license
• Bank account details

If you find this overall process to be extremely intimidating, make sure to seek professional assistance from registration and incorporation services.

The credentials of a Singaporean company’s director include:

• The director needs to be 18 years or above.
• Potent enough to take care of the job both mentally and physically.
• Shouldn’t be involved in any punishable offense or fraud.
• Should be financially stable and responsible.
• Should have a record of adhering to laws and regulations along with other compliance requirements.

If an individual meets these basic credentials, he/she will be eligible to be the director of a Singaporean company.

The standard fee for registering a corporation in Singapore is nearly $315.

No, you won’t be able to operate a business in Singapore without registering it. Company registration in Singapore is extremely important.