Singapore is the ideal country to set up the company for global business
development. Because of its strong trade and investment policies, it’s the world’s easiest place
to do business. For the owners and members of the company, Company registration is very
beneficial. Company registration in singapore is easy and economical.
Singapore law does not allow foreigners individuals or foreign corporate entities to self-register a Singapore company. You must hire a professional secretarial firm for your Company registration in Singapore.
Some key information of company you must know at the time of registration :
If you are foreign and want to get a Company registration in Singapore, then
pay attention to it:
|On-Residents (Foreigners)||Copy of passport, overseas residential address proof, and other Know-Your-Client (KYC) information such as a bank reference letter, personal and business profile, etc.|
|Singapore Residents||Copy of Singapore identity card|
|Corporate Entity Shareholder||Copy of registration documents such as Certificate of Incorporation, Memorandum of Association & Articles of Association.|
You’ll be relieved to know that the Singapore Registrar of Companies is fully computerized, keeping red tape to a minimum.
sThe Singapore Government must approve the company name that you choose before you can
register it. The Company Registrar will oversee the process. LegalRaasta helps you to fill out and
submit all the necessary information in the application.
The Company Registrar should notify you of her decision instantly. Certain words will slow down the
process, including law, media, bank, and finance. If you use these words, another Government
Authority will intervene, which may delay the process by days or weeks.
Choose a name i.e.
After the Registrar of Companies approves your company name, the process of
incorporation is started.
LegalRaasta Make sure that all documents are completed and are in a prescribed manner. All the company directors and shareholders have properly signed all forms.
Sometimes application delayed of People from different countries. Though rare, it means that the Government Authorities will need to perform additional interrogations. You must pay the Registrar of Companies S$300 for their services upfront. This fee is included in the LegalRaasta Package.
Certificate of Incorporation
You’ll receive an email automatically from the Company Registrar after process finishes. The email confirms that your company is registered and informs you of your Company Registration Number. It provides an official certificate of incorporation so don’t lose it. Paper Certificates are not used in Singapore. If you want so, pay Singapore S$50 fee, the Company Registrar will give it to you. The processing time is from 3 to 5 days usually.
Company Business Profile
After the company registration in Singapore is completed, the Company Registrar will create a company business profile. LegalRaasta will secure this for you. The downloadable PDF file contains key information, including:
For any help at any stage of company registration in Singapore, one can contact LegalRaasta.
LegalRaasta was founded on the principle that sophisticated legal and taxation services should be simple, modern, and inexpensive. We can serve our clients more efficiently thanks to cutting-edge practise technology.