Singapore offers a variety of business entity options for company formation, catering to different needs and preferences:

1. Private Limited Company: A private limited company in Singapore has a distinct legal identity from its owners and directors, providing limited liability for debts and losses. The owner enjoys property ownership rights.

Minimum Setup Requirements:

• One individual/corporate shareholder
• At least one resident director
• A company secretary
• Paid-up capital of at least one dollar
• A registered address

2. Limited Liability Partnership (LLP) Registration: An LLP combines the advantages of a private limited company and a partnership, granting flexibility while maintaining legal autonomy from partners.

Minimum Setup Requirements:

• Minimum of two partners
• A full-time resident manager
• A registered address

3. Subsidiary Company: A subsidiary company is a private limited company owned by a foreign corporate entity, which can hold up to 10% ownership. It enjoys the benefits of a Singapore-based private limited company.

Minimum Setup Requirements:

• One individual/corporate shareholder
• At least one resident director
• A company secretary
• Paid-up capital of at least one dollar
• A registered address

4. Branch Office: A branch office represents a foreign corporate entity and is not eligible for certain tax exemptions. To establish a branch, a Singapore company incorporation employment pass is required if business activities involve moving or deploying staff to Singapore.

Minimum Setup Requirements:

• A corporate shareholder
• A local agent
• A registered address

5. Business Representative Office: A representative office serves as a temporary arrangement for up to three years, allowing foreign corporations to explore the local market. A Singapore incorporation employment pass is necessary for relocation.

Minimum Setup Requirements:

• For Singapore company registration from India, a sales turnover greater than $250,000 is required.
• Minimum three years in business
• For Singapore company registration from India, the proposed R.O. personnel must not exceed five employees.

When considering company registration in Singapore, you can opt for assistance from Legalitis to navigate the legal requirements and ensure a smooth incorporation process.

To successfully register your company in Singapore, you will need to provide the following essential documents:

1. Company Name: Choose a distinctive and suitable name for your company. Ensure it adheres to Singapore's naming guidelines and is not already in use.

2. Brief Description of Business Activities: Provide a concise overview of the primary business activities your company will engage in.

3. Shareholders' Particulars: Supply information about the individuals or corporate entities who will hold shares in the company.

4. Directors' Particulars: Furnish details about the individuals who will be acting as directors of the company. These particulars typically include their names, addresses, nationality, and other relevant information.

5. Registered Address: Provide an official address within Singapore that will serve as the company's registered address.

6. Company Secretary Particulars: Share information about the appointed company secretary. The company secretary is responsible for ensuring the company complies with legal requirements.

7. Memorandum of Association (MOA): The MOA outlines the company's objectives, scope of operations, and its relationship with shareholders. It is a foundational document for your company's incorporation.

8. Articles of Association (AOA): The AOA sets out the company's internal rules, regulations, and management structure. It helps define how the company will be run.

Note:

• Non-Residents (Foreigners):

  • Passport copy
  • Proof of overseas residential address
  • Additional Know Your Customer (KYC) details, which might include a bank reference letter, business profile, etc.

• Singapore Residents:

  • Copy of Singapore identity card (IC)

These documents will be crucial for the company registration process in Singapore. It's recommended to work with a professional consultancy or legal service to ensure accuracy and compliance with all necessary regulations. Keep in mind that specific requirements might change over time, so it's a good idea to stay updated with the latest guidelines from Singapore's relevant authorities.