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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  with us.


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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.


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Why Choose KGN Services?

We’ve been helping business owners since 1996

Incorporating 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).

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KEY OFFSHORE JURISDICTIONS

Latin America and the Caribbean

Europe

Middle East

Africa

Asia Pacific

QUESTIONS? NEED ADVICE?

Make an enquiry or request a
confidential callback.

Requirement to File Annual Return

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