Guide to Business Entities and Singapore Company Registration for Fore

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Singapore's strategic location,favorable economic environment and an efficient startup ecosystem have attracted many international entrepreneurs and investors to set up a company in Singapore.

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Guide to Business Entities and Singapore Company Registration for Foreigners SBS Consulting Pte Ltd Presented by

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Singapores strategic location favorable economic environment and an efficient startup ecosystem have attracted many international entrepreneurs and investors to set up a company in Singapore.

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Singapore Company Incorporation Options for Foreign Individuals Company Incorporation with Relocation ● Obtain an Employment Pass or ● Apply for an EntrePass Company Incorporation Without Relocation ● Appoint a Local Nominee Director

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Company Incorporation Options for Foreign Corporations ● Subsidiary Company : A subsidiary company is a form of private limited company with the parent company as its sole or a major shareholder. ● Branch Office : A Branch office as a mere extension of the foreign company that is registered outside of Singapore. ● Representative Office : A Representative office is meant for foreign companies interested to tap the business potential and access the markets before taking the final plunge.

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Subsidiary Company Features : ● A subsidiary company is wholly owned by the parent company and is considered a separate legal entity. ● It being a Singapore resident company enjoys tax exemptions and incentives available to local companies. Requirements : ● Minimum 1 Shareholder + 1 Resident Director + 1 Company Secretary + S 1 as minimum paid-up capital + a registered Singapore office address ● Resident Director must be a Singapore resident or Holder of EP/EntrePass/ DP.

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Branch Office Features : ● The Company Name should be same as that of the parent company overseas. ● The branch office does not have a separate legal entity therefore it is considered as a non-resident business entity in Singapore. Requirements : ● At least 2 Resident Agents ● A registered Singapore office address

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Representative Office Requirements: ● 1 Chief Representative officer ● A registered Singapore office address ● If a foreign company plans to send its own chief representative officer it has to apply for his/her employment pass

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Minimum Requirements of Singapore Company Registration ● AT LEAST ONE RESIDENT DIRECTOR ● AT LEAST ONE SHAREHOLDER ● A COMPANY SECRETARY ● MINIMUM S1 AS INITIAL PAID UP CAPITAL ● A LOCAL REGISTERED OFFICE ADDRESS

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Necessary Documents Required for registration ● Approved Business/Company Name ● A brief Description of Business Activities ● Particulars of Shareholders ● Particulars of Directors ● Registered Address of the Singapore Companies ● A copy of the first page of your passport and the address proof of your overseas residence.

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Foreigners often face many challenges in the course of company registration process due to the compliance requirements like the local director registered office address and SingPass ID. We recommend the foreign individuals and corporate to engage a reliable Singapore incorporation service provider for carrying out the process in a seamless manner.

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Thank You For more information on Company Incorporation in Singapore feel free to contact us at Phone : +65-6536 0036 Email : infosbsgroup.com.sg Visit us : www.sbsgroup.com.sg

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