SINGAPORE COMPANY FORMATION
LOCAL NOMINEE DIRECTOR
BANK ACCOUNTS
Singapore Company Formation. Offshore Incorporation in Singapore.
KGN Services specializes in Singapore company formation and opening bank accounts.
Singapore Company Formation – Overview
Principal Corporate Legislation
The Companies Act, The Income Tax Act.
Type of Law
Common.
Language of Legislation and Corporate Documents
English.
Type of Entity for International Trade, Investment & Tax Planning
Private Limited Company.
Key Facts
Share Capital
The concept of authorised share capital has been abolished in Jan 2006 and the minimum number of issued share is 1.
Classes of Share Available
Ordinary shares, preference shares, redeemable shares.
Bearer Shares
Not permitted.
Restrictions on Trading
Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Yes, must be maintained in Singapore.
Directors
A Singapore Company requires a minimum of one director. Director can be of any nationality and need not be resident but at least one director must be resident in Singapore.
Shareholders
A Singapore Company requires a minimum of one shareholder.
Publicly Accessible Records
Yes.
Nominee Shareholders and Nominee Directors
Allowed.
Location of Meetings of Directors and Shareholders
Anywhere.
Personal Presence Required
No.
Taxation
0-17%.
Double Taxation Treaty Access
China, Indonesia, Thailand, Malaysia, Philippines, Vietnam, India, Japan, Korea, Australia, New Zealand, South Africa, United Kingdom, Netherlands, Germany, Switzerland, Sweden, France, Belgium, Finland and the United Arab Emirates.
Requirements to File Accounts
Yes.
Requirement to File Annual Return
None.
Audit Requirements
None.
Exchange Control
None.
Time to Incorporate
One week subject to name approval.
Name of a Company
Language of Name
Latin Alphabet.
Restricted Words
Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust”, “Trustee” etc. will require justification.
Name of a Company
The words “Private Limited” or “Pte. Ltd.” must be part of the name of every Singapore offshore company.
Questions? Need Advice?
Make an enquiry or request a confidential callback or chat with us.
MAKE AN ENQUIRY
REQUEST A CALLBACK
Singapore Company Formation Prices
Singapore Company Formation Package Includes:
- Company Name Check
- Initial Business Approval
- Preparation of Application Documents
- Company Registration Fee
- Certificate of Incorporation
- Business Registration Certificate
- Memorandum and Article of Association in English
- Registered Office Address at Central Hong Kong for
- Company Secretarial Services for 1 year
- Minutes of the Meeting
- Share Certificate(s)
- Register of shareholders
- Register of directors
Standard Singapore Company Formation:
Starting at $3490
Singapore Company with Local Nominee Director:
Starting at $7890
*Security deposit is not required.
Why Choose KGN Services?
We’ve been helping business owners since 1996Incorporating your business is our focus
We make a complex process fast and easy
We work closely with Companies Registries to guarantee our service
Fastest offshore companies & accounts – Most competitive pricing worldwide
Services in Singapore
KGN Services provide the following services in Singapore:
- Singapore Company Formation
- Registered Office Services
- Secretarial Services
- Nominee Shareholder / Nominee Director – resident in Singapore
- Opening of Bank Accounts
- Full Administration Services
- Mailing Address
- Virtual Office
- Book Keeping & Audit
- Trademark Registration
Singapore – General Information
Location: Southeastern Asia, islands between Malaysia and Indonesia.
Area: total: 719.2 sq k, land: 709.2 sq k, water: 10 sq km. …
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Natural resources: Fish, deepwater ports.
Population: 5,888,926 (July 2017 est.).
Capital: Singapore.
Time Zone: UTC+8.
Languages: English (official) 36.9%, Mandarin (official) 34.9%, other Chinese dialects (includes Hokkien, Cantonese, Teochew) 12.2%, Malay (official) 10.7%, Tamil (official) 3.3%, other 2%.
Government type: Parliamentary republic.
Legal system: English common law.
International organization participation:ADB, AOSIS, APEC, Arctic Council (observer), ARF, ASEAN, BIS, C, CP, EAS, FAO, FATF, G-77, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, NAM, OPCW, Pacific Alliance (observer), PCA, UN, UNCTAD, UNESCO, UNHCR, UPU, WCO, WHO, WIPO, WMO, WTO.
Economy: This vibrant, export-oriented, free-market economy enjoys a remarkably open and corruption-free environment, low taxes, stable prices, and a high per capita income that attracts global investors to its high-tech industrial and financial services sectors.
Currency: Singapore dollar (SGD).
KGN Services | Company Formation in Singapore | Offshore Incorporation Singapore | Singapore Offshore Company Formation | Singapore Offshore Incorporation
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Requirement to File Annual Return
