Company Registration Singapore - Start Your Business With SBS Consulti

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Presentation Description

Complete guide to register a company in Singapore. Learn about Singapore company setup requirements, incorporation timeline, and company formation procedures in details.

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Presentation Transcript

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Incorporation of LLC Limited Liability Company  Exempt Private Company- 20 members or less/ none of the shareholder is a corporate entity  Private Limited Company – No. of shareholders limited to 50  Public Company limited by guarantee

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Filing of Application Form  Foreign Individuals  Foreign Companies  Local Residents of Singapore  Local Singapore Companies Who can Incorporate a Company in Singapore

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Foreign Individual  Secure an Employment Pass or  Apply for EntrePass or  Appoint a Local Nominee Director To incorporate a company a foreign individual must

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Foreign Companies 1. Subsidiary Company A private limited company that can have the parent foreign company as a major shareholder. 2. Branch Office A branch is a merely an extension of the foreign parent company. It does not have a distinct legal identity. 3. Representative Office An office set up mainly for the purpose of market research and studying business potentialities.

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Local Residents of Singapore  Sole Proprietorship- Owned by single person and have no legal identity  Private Limited Company - Popular for its scalable nature limited liability to shareholders.  Partnership- Owned by two or more person with no distinct legal identity  Limited Partnership- Consists of General and limited partners  Limited Liability Partnership- Has own legal identity and limited liability of the partners. Business Structures

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Private Limited Company 1 Company Name Reservation and 2 Company Registration The Most Popular Structure for Locals Foreigners is Private Limited Company a Type of Limited Liability Company The registration of company can be completed in two Steps

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Company Name Reservation  Get the proposed company name approved before registration.  The name must be unique nonidentical or phonetically different from any existed company name.  It should be devoid of any vulgar or obscene word.  Infringement of copyright issue must be avoided.  Use of certain words like "Bank" "Insurance" "University" etc. needs the approval of the external authority.  Once approved by the authority it remains reserved for 60 days.

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Other Requirements  At least one local resident director must be appointed. Singapore Citizen PR Permanent Resident or bearer of EP/EntrePass.  The director must be 18 years of age and above. He should not be bankrupt or convicted in any malpractices.  The number of shareholders has to be between 1 to 50. Both individual and corporate entity can be a shareholder. 100 local foreign shareholding is allowed.  Appointment of a company secretary has to be done within six months from the date of incorporation.

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Documents Required  Non-resident Individuals: Copy of passport residential address proof of native country  Singapore Residents: Copy of Singapore identity card  Corporate Entity: Copy of Certificate of Incorporation Memorandum and Article of Associations of the overseas company.

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What We Offer are  Name Check availability and reservation  Preparation of incorporation documents  Payment of ACRA Fees  E-Certificate of Incorporation  Company Business Profile with UEN No.  Minutes of First Board Meeting  Share certificates  Common Seal  Preparation of Company Kit  FREE Registered Address Company Secretari  Bank account opening Assistance FREE

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SBS CONSULTING PTE LTD SBS Consulting Pte Ltd incorporated in 2010 a Singapore firm that has been catering to a pool of entrepreneur aspirants with a host of corporate services. Apart from the core service of company registration Singapore the firm is forefront in offering a gamut of unparalleled services in the industry. Accounting bookkeeping XBRL filing GST AGM filing payroll Corporate Tax secretarial services and so on are to name a few.

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SBS CONSULTING PTE LTD Office Address: High Street Centre 17-02 1 North Bridge Road Singapore Phone: +65-6536 0036 Email: infosbsgroup.com.sg

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