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Singapore Corporate Services

As one of the world’s most important business hubs, Singapore attracts numerous international enterprises to register and operate here due to its highly developed commercial infrastructure and favorable business environment. To further enhance the convenience and efficiency of business operations, Singapore has established a global leading corporate services platform that offers a wide range of services including registration, accounting, auditing, and trademark services, making it the preferred destination for global businesses to expand in Asia.

Why Choose Singapore?

Favorable Business Environment

Singapore is one of the world’s most competitive economies, with advantages such as a stable political environment, a sound legal system, efficient government services, and high-quality education and healthcare resources.

Favorable Tax Policies

Singapore’s tax policies are very friendly to businesses, with a corporate tax rate of just 17% and relatively low personal income tax rates. Additionally, Singapore does not levy capital gains tax, inheritance tax, or other similar taxes.

Strategic Geographic Location

Located in the heart of Asia, Singapore connects major markets such as Southeast Asia, China, and India, making it an ideal hub for businesses entering the Asian market.

Rich Talent Resources

Singapore boasts a highly skilled workforce with a high level of English proficiency, making it convenient for businesses to recruit and manage talent.

Services (One-Stop Service)

Company Registration Services: Assisting in the complete process of Singapore company registration, including name approval, document resolutions, drafting articles of association, submission of applications, and stamp engraving.
Trademark Registration: Assisting businesses in registering trademarks in Singapore, including trademark search, trademark application, examination, publication, and certificate collection.
Accounting Services: Providing financial statement preparation, tax filing, auditing, and financial consulting services.
Tax Services: Assisting businesses in understanding Singapore tax laws and providing tax planning and tax strategy services.

Eligibility Requirements

Confirm Three Proposed English Company Names

Provide Director/Shareholder Numbers and Identity Information

Confirm Standard Registered Capital (No need for capital verification)

Confirm Company’s Registered Address (Our company can provide this)

Confirm Company’s Scope of Business (We assist in selection)

Confirm Company’s Corporate Secretary (Our company can provide this)

Service Purpose

Overseas Foundations: Singapore’s non-profit organizations often register as public companies.

Breaking Trade Barriers: By registering a company in Singapore, you can enjoy zero-tariff trade with the 10 ASEAN countries, effectively breaking international trade barriers.

Lenient Immigration Policies: By registering a company in Singapore and meeting certain conditions, you can immigrate to Singapore and enjoy local welfare policies.

Favorable Tax Policies: Singapore’s corporate tax rate is very low, and companies registering in Singapore can enjoy various tax exemptions and maintain a long-term stable low tax rate.

Overseas Financing Ability: Through listing on the Singapore Exchange, businesses can raise funds from international capital markets, enhancing their ability to raise overseas capital.

Free Trade Agreements: Singapore has the largest network of free trade agreements in Asia, enabling businesses to easily access international markets.

Advantages

Strategic Geographic Location

As an international transshipment trade center, Singapore has efficient and convenient port and air transport industries.

Comprehensive Financial System

Quickly enhance your international brand image. Singapore has become a one-stop center for intellectual property asset management in Asia.

Enjoy Tax Benefits

Singapore’s low corporate tax rates and various tax incentives offer businesses multiple opportunities for tax relief.

Enjoy ASEAN Advantages

As a core member of ASEAN, Singapore offers zero-tariff free trade between the 10 ASEAN countries.

Lenient Immigration Policies

Registering a company in Singapore, after meeting the corresponding conditions, allows for immigration to Singapore.

Enhanced Overseas Financing

financial39

Conditions for registering a company in Singapore

Singapore company name: ending with Limited, our company assists in search and English translation

Shareholder/Director Information: Must include a Singaporean director; over 18 years old, provide ID card and passport

Registered address: must be a local address in Singapore, and our company will provide an address for registration

Registered capital: minimum 1 Singapore dollar, no upper limit, shareholders can increase the registered capital at any time

Business Scope: Singapore companies face minimal restrictions and can engage in any legal business.

Select the type of Singapore company registration

Public company (foundation)

1.
Independent legal entity
2.
Limited liability: Joint and several liability is the maximum limit for each member's commitment to guarantee
3.
No shares, no share capital (Share Capital)
4.
The company's articles of association need to clarify the upper limit of liability of each member
5.

Non-profit: initially mainly for non-profit organizations
6.
Do not participate in profit distribution.

Private limited liability company

1.

The minimum number of shareholders is 1 and the maximum number is 50, which can be natural persons and companies
2.

At least 1 local director and 1 legal secretary (cannot be the same person)
3.

Limited liability
4.

Anyone with an annual turnover exceeding S$5 million needs to be audited
5.

The company enjoys exemption from corporate tax on the first 100,000 Singapore dollars of profits in the first three years after its establishment, the corporate tax rate is 8.5% for the amount of 300,000 Singapore dollars, and the tax rate for the portion exceeding 300,000 Singapore dollars is 17%

Singapore company registration process

Confirm company registration conditions: at least one Singaporean director and at least 1 shareholder

Prepare the required documents and information: identity documents of directors and shareholders, company name, registered capital and address, business scope, legal secretary (acted by an agency)

Prepare Singapore company registration documents: Our company will prepare the information required to register a Singapore company, and the shareholders and directors will sign the document for confirmation

Submit an application to register a Singapore company: After the materials are complete, our company will submit the registration application to ACRA and pay the corresponding fees

Get the certificate and prepare the information box: The government department issues the electronic version of the Singapore company registration certificate, and our company produces the company registration certificate, seal, articles of association, statutory record book and other document information boxes

FAQs

ASK

What is the annual return and annual audit?

Answer

                                                A Singapore company is required to file taxes once a year, not monthly. That means there is no need to do monthly accounting. Within 18 months after the company registration, a shareholder annual meeting (AGM) must be held, along with the preparation of financial statements and submission to the Accounting and Corporate Regulatory Authority (ACRA), and the tax return to the Inland Revenue Authority of Singapore (IRAS), collectively known as the annual return and audit.

                                                Personal income tax for the previous year must be filed between March 1 and April 15 each year. Even if the annual income is below S$20,000, it must still be filed, though no tax payment is required unless the tax authority explicitly states otherwise.

                                                Companies in Singapore that engage in business must maintain accounts. Companies can choose to do it themselves or outsource to a service provider like us. Auditing must be done by a certified accountant or auditor. We offer audit services through our professionals. Companies with revenue under S$5 million are not required to conduct an audit.

                                                ECI stands for Estimated Chargeable Income. It refers to estimated tax, which must be filed with the tax authority within 3 months after the company's financial year-end. After the tax authority receives the return, it issues an assessment notice within one month. Clients must pay the tax within a month after receiving the notice. The income estimate does not need to be exact. In the following year when filing corporate taxes, the tax authority compares the pre-paid tax and adjusts accordingly.

                                                There will be a fine, which ranges from S$200 to S$1,000. If the fine remains unpaid, the company may face legal action. New companies are generally given some leniency in the first tax year if they are late in filing taxes. The tax authority may extend the deadline by one month, and if the filing is completed within the grace period, no fine will be imposed.

                                                The first three years of tax-exempt profits for newly established companies are up to S$100,000. If profits are between S$100,000 and S$300,000, the corporate tax rate is 8.5%. Companies with profits exceeding S$300,000 are taxed at 17%.

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