Upon successful application, you may commence business activities in Singapore
Apply for dependent visas for family members
If you are an foreigner interested in incorporating a Singaporean company or are keen to relocate to Singapore, please read on. We have simplified the explanation of incorporating a Singapore company, and the best part is that we at Paul Hype Page & Co. can do it for you.
Step 1: Understand the requirements of Incorporating a Singapore Company
Requirements of Incorporating a Singaporean Company:
A minimum of one resident director (a Singapore Citizen, a Singaporean Permanent Resident, a person who has been issued an EntrePass, Employment Pass, or Dependent Pass) is mandatory.
The shareholder can be an individual or a corporate entity. 100% local or foreign shareholding is allowed. A director and shareholder can be the same or different person.
3) Paid-up Capital
Minimum paid-up capital for registration of a Singapore company is S$1.
4) Registered Address
The address must be a physical local address. A PO Box is not allowed.
5) Company Secretary
Companies Act requires one company secretary to be both a natural person and an ordinary resident of Singapore.
6) Audit Requirements
Unless exempted from audit requirements under the Companies Act, every company must appoint an auditor within three months after its incorporation. Only small private companies and dormant companies are exempt from audit requirements. A small exempt private company is one that meets the following conditions 1.) The turnover for the financial year is less than S$5m. 2.) The company does not have more than 20 shareholders, and 3.) The company does not have, directly or indirectly, a corporation as a beneficial shareholder.
Step 2: Fill up the Online Incorporation Form and prepare the necessary documents
Before you begin, we will need the following documents from you:
1) From each Singapore resident individual shareholder and director:
Copy of Singapore IC or a copy of the individual’s passport if he/she is not a citizen of Singapore
Proof of residential address, such as a recent utility bill, residential phone bill, tax bill, or cable TV bill
All documents must be in English or officially translated in English
All copies of documents must be certified true copies by a notary public or originals presented at our office for signing
If overseas, you may email us the scanned copies of documents so we can proceed with preparing the necessary incorporation documents. However we must receive the certified true copies (or sight the originals at our office) before we can incorporate the company.Our compliance department may ask for additional information if necessary.
2) For each corporate shareholder:
Foreign Corporate Company Certificate for each corporate shareholder
Special Director Resolution to resolve becoming newly incorporated company subsidiary’s shareholder
Step 4: Approval and Collection of Employment Pass
Approval and Collection of Employment Pass
Upon approval of employment pass , you will received a notification from us informing you that your Employment Pass (“EP”) has been approved for 12 or 24 months. We will attach In-Principle Approval (“IPA”) letter for your reference or entry document to Singapore.
Make an appointment for a meeting to sign IPA
You will have to make an appointment with our staff via our External Appointment Scheduler for the signing of the IPA before heading to MOM on the following day for finger printing.
Documents required on hand for meeting/appointment
What you need to have on hand when visiting our office for online issuance of your Employment Pass:-
Applicant’s passport or travel document (original)
Passport-sized photo (taken within last 3 months) – *if you do not have one now, you can take it at the MOM service centre
Details of applicant’s Short Term Visit Pass / immigration pass that he or she is currently holding to remain in Singapore
Applicant’s residential address in Singapore (if any)
Contact details of at least an authorised contact person(s) for us to send an SMS or email alert, and a delivery address, for the purpose of card delivery – we will provide
Clear, scanned copies of the following documents in PDF format:
Disembarkation / Embarkation card (immigration white card)
Completed Declaration form attached with the foreigner’s In-Principle Approval letter
When the request to issue the EP card has been approved, we will print out the Notification Letter online for you. This letter allows you to stay, and travel in and out of Singapore while waiting for the EP card to be delivered over to our office 4 working days after your appointment with MOM for finger printings had completed.
How Long does it take for the Approval of Visa by MOM?