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PRIVATE
LIMITED COMPANY FORMATION
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Private Limited Company Formation /
Incorporation |
Our corporate secretarial service can assist you
in local company formation, branch formation and
set up representative office in Singapore. We
can provide you with corporate secretarial
assistance, filing of statutory returns,
maintaining your statutory registers or even
providing you with registered business office
address while you are looking for your business
premises.
After registration of the company's memorandum
and articles of association (M & A) and upon its
compliance with all other requirements. The
Accounting and Corporate Regulatory Authority
(ACRA) will sent an Email Notification for
Notice of Incorporation of the Company. The
Company exists formally when the Notice of
Incorporation is received. Our Professional
Service rendered under this service :-
- Processing for Pte Ltd Company
application and Incorporation documents as
required by the ACRA.
- Preparation of Share Certificates for
all Shareholders
- Company Common Seal
- Memorandum and Articles of Association,
- Statutory Registers
- Minutes Book
- Resolution for Opening Bank Accounts
- Termination of Business (for business
converting to Pte Ltd)
Foreigner / Foreign Corporation If you
are setting up business in Singapore for the
first time, we can assist you in applying for
employment pass, provide you with nominee
shareholders, nominee directors and company
secretary. We can even put you in touch with
other professionals who will ensure that you are
provided with comfortable accommodation both at
work and at home.
A foreign corporation wishing to set up business
in Singapore may register a branch or
incorporate a Singapore subsidiary company.A
foreign trading company may operate either as a
wholly owned subsidiary or as a branch of the
parent company if it is selling its parent
company's products in Singapore, or representing
manufacturers who do not have any local
distributor, or using Singapore as a base to
service regional markets.
Representative offices
Foreign companies may set up representative
offices in Singapore. A representative office
however, cannot engage in business or conclude
contracts or open or negotiate any letters of
credit. It can only serve as a promotional and
liaison office. A representative office has to
be registered with the Trade Development Board.
Subsidiary company
The main requirements for the incorporation of a
Singapore subsidiary company are:
- Name approved by the ACRA;
- Two or more shareholders, each
subscribing to at least one share in the
proposed company;
- A printed and duly signed memorandum and
articles of association (constitutional
documents);
- At least two directors who must be
natural persons and one of whom must be
ordinarily resident in Singapore, the
resident director need not be a Singapore
citizen;
- A resident secretary who must be a
natural person; and
- A registered office in Singapore.
Branch company
The requirements for registration of a branch
are also prescribed by the Companies Act.
Application must also be made to the ACRA for
approval of its name. However, the documents
required to be filed with the ACRA for the
purpose of registration differ from those
required for the incorporation of a Singapore
subsidiary company.
If the original documents of the foreign
corporation are not in English, certified
translated copies in English must be filed with
the ACRA. These are the documents to be filed
for the registration of a branch:
- A certified copy of its certificate of
incorporation in the foreign country;
- A certified copy of the instrument
defining its constitution;
- A list of directors with their
particulars;
- If any of the directors are resident in
Singapore and are members of the local board
of directors, a memorandum stating the
powers of the local directors;
- A memorandum of appointment or power of
attorney of two or more local agents
authorised to accept notices served on the
branch on its behalf. The local agents must
be natural persons resident in (not
necessarily citizens of) Singapore;
- A statutory declaration in prescribed
form made by the agent confirming
particulars of the branch; and
- A notice of location of its registered
office in Singapore.
If the original documents of the foreign
corporation are not in English, certified
translated copies in English must be filed with
the ACRA. |
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