SPECIAL PACKAGE PRICE AT  S$ 380,
Includes :

  • Memorandum and Articles of Association of the Company
  • ACRA Company Business Profile
  • Notice of Incorporation
  • First Director’s Resolutions
  • Bank Account Opening Assistance

Package (A) Value Package S$ 750,
Includes :

  • 12 months Company Secretary
  • 12 months Company Registered Address
  • Memorandum and Articles of Association of the Company
  • ACRA Company Business Profile
  • E-Notice of Incorporation
  • First Director’s Resolutions
  • Bank Account Opening Assistance

Package (B) Enhanced Package S$ 920,
Includes :

  • 18 months AGM Filing
  • 18 months Company Secretary
  • 18 months Company Registered Address
  • Annual Return Filing to ACRA for First Accounting Year
  • Memorandum and Articles of Association of the Company
  • ACRA Company Business Profile
  • E-Notice of Incorporation
  • First Director’s Resolutions
  • Bank Account Opening Assistance

Grants to help boost your business

  • Enhanced Work Life Grant: up to 70,000
  • ACE Startup Grant:For every $3 raised by the entrepreneur, SPRING funds the startup $7, up to maximum 50,000

Are you thinking of forming a private limited company in Singapore?

Are you someone who is interested in building a private enterprise for yourself? Then you might want to look outside of your own home nation. For example, are you looking to crack into or break into the Asian market? Then basing your business in an Asian nation makes a lot of sense. But where do you choose? China? Japan? Thailand?

For many people, the answer is simple. They choose to use Singapore. And one of the main reasons is that setting up a private limited company in Singapore is about as easy as it can be!

Why should I create a private limited company in Singapore?

While many personal reasons will likely come to the fore for the decision that you make, Singapore is a great place to start with. For many people, this will provide you with the help that you need to create a private limited company in one of the safest environments possible. Singapore is great for private company incorporation as shareholders are only held liable for debts that match-up with their actual capital contribution.

The Singapore Companies Act allows anyone over the age of 18 to form a private limited company in Singapore. The awesome tax structure mixed with the ease of set-up means that setting up a business in Singapore is quite easy indeed.

The volume of options for setup allows you to be quite creative about what kind of business that you form. For most business owners looking to break into Asia, Singapore is the nation that makes it least challenging for you. That is why so many people using companies such as TN Corporate Management to ensure you can set things up properly. This helps you to ensure success in setup without any wasted time, money, or reputation.

Registering a company in Singapore

If you intend on setting up this kind of company, then you need to be able to provide all of the following information to your company formation broker:

    • The name of the company. Work this out before you start and try to provide at least two alternatives that can be chosen if you make the wrong decision.
    • The number of directors involved. You will need to have a minimum of one Resident/Local Director based in Singapore. They must be a Singaporean citizen, or someone with a pass to live in the nation. They must be aged 18 or above and have a clean criminal record.
    • Directors are not shareholders necessarily. You can, though, have as many as 50 shareholders. They could be local, or they could be based abroad. Once incorporated, you can then transfer shares to all of those involved.
    • You need at least one shareholder, but 100% foreign ownership (minus your one local director) is a permitted process.
    • You also need to then find a Secretary for the company within a six-month period. This is part of the Singapore Companies Act, Section 171, so make sure that you comply. It cannot be your sole director or shareholder, and it must be a Singaporean resident.
    • Also, you company must have at least $1 in paid-up capital if you wish to register as a private limited company in Singapore. This can be increased at any point after you have incorporated.
    • Lastly, you will need to have a local business address – it must be a commercial or residential address, and it must not be a PO box address.

Setting up your Singaporean company

Dealing with all of the above can feel like a stress. However, with the fact that you pay just 8.5% tax (maximum) on any profits up to $300,000, and just 17% afterward, you can see why it’s worth persevering with. You also don’t pay any dividend or capital gains tax, making it a very worthwhile business registration location.

If you would like to register your company as a private limited company in Singapore, you need to get help. Mistakes in the application can be costly to both time and money, so hiring someone who can do much of the ‘heavy lifting’ for you makes a lot of sense. That is why we recommend that you contact TN Corporate Management.

With the expertise on-hand to handle the incorporation of any private limited company in Singapore, you’ll make business set-up a far less taxing issues – both in set-up and in actual taxation. By helping you to avoid needless mistakes, you can spend more time benefiting and less time working out the kinks in the Singaporean business registration system.

So, if you intend on building a business in Singapore, you should look to do so through a company incorporation service. It pays to get the help to ensure that your set-up is safe, legal, and managed by professionals who understand Singaporean incorporation standards. Do that and running and managing your business from Singapore will become much simpler!

Tn Corporate Management is your ideal partner in company incorporation and new business registration