Singapore Company Incorporation with Paul Hype Page
Company Registration at Paul Hype Page Singapore

Company Incorporation in Singapore

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Company Incorporation Service in Singapore2021-06-22T10:56:56+08:00

Here’s what you need

Are you about to set up a company in Singapore? Whether you are contemplating relocating an existing company to Singapore or you want to incorporate a new one, then rest assured that you are on the right track.

The process of registering a company in Singapore is free, easy, and straightforward. To incorporate a company in Singapore, please ensure your company fulfills all the requirements to start your company.

Your Business Name & activities

Your Business Name & activities

At least one local resident

At least one local resident

At least one shareholder

At least one shareholder

At least s$1 capital

At least s$1 capital

A company secretary

A company secretary

An physical local address in Singapore

An physical local address in Singapore

FAQs

Is it mandatory to have a Corporate Secretary?2021-05-10T15:16:32+08:00

Every incorporated company in Singapore is required to have a company secretary. Company secretaries are there to assist in the general running of the company and ensure that the company’s directors and shareholders remain properly informed about all regulatory obligations

How much does it Cost to Incorporate a Company in Singapore?2021-05-10T15:16:52+08:00

A total of S$315 is incurred. It comprises of Company Name application (S$15) and Company Registration (S$300) which is introduced by the Accounting and Corporate Regulatory Authority (ACRA).

However, there are other additional costs has to be made with reference to some incorporation requirements.

How can I Register a Private Limited Company in Singapore?2021-05-10T15:15:32+08:00

You will need to fulfill the minimum requirements to incorporate your company

  • A local director, a shareholder, a company secretary, a physical local address and at least S$1 paid-up capital.

Follow by opening a Corporate Bank Account in Singapore

  • You can choose from various types (Local, Foreign and Online) based on your needs.

Lastly, you will undergo the following process to incorporate your company successfully,

  • Propose and reserve your company name in Singapore. However, Accounting & Corporate Regulatory Authority (ACRA) will reject a proposed company name if,
    • It is identical to another existing Company Name, undesirable and similar to an established name or trademark
  • Prepare your Singapore company incorporation documents
  • Register your company with ACRA
  • Opening of corporate bank accounts
  • Submit an electronic Certificate of Incorporation
  • Obtain a company/branch office Business Profile extract from ACRA
  • Create minutes of the first board meeting
  • Create and keep in safe custody the company seal or company/branch office rubber stamp and pay the relevant government and professional fees.
How can I Relocate my Business to Singapore?2021-05-10T15:17:03+08:00

You will require the following documents to relocate your business to Singapore,

  • A proof of the company’s financial soundness
  •  A genuine copy of the company’s incorporation documents
  • Registration papers through which the company seeks re-domiciliation
  • A receipt proving the company’s payment of a registration fee

After which, within 60 days of relocation,

  • The company is required to file evidence of de-registration issued by its home country’s companies register with Accounting and Corporate Regulatory authority.
Can Foreigner Start a Business in Singapore?2021-05-10T15:17:15+08:00

Yes, they can start a business in Singapore if they fit these THREE criteria; (1) Owns an Employment Pass, (2) Local resident director and, (3) Registered address in Singapore

What are the Benefits for New Start-up companies?2021-05-10T15:17:27+08:00

A newly incorporated company which satisfies the qualifying conditions can claim a 75% tax exemption on the first S$100,000 and,
A 50% tax exemption on the next S$100,000 of normal chargeable income for each of its first 3 consecutive years of assessment (YAs).

For more details, you can refer from here.

How many types of Banks in Singapore?2021-05-10T15:07:52+08:00

In Singapore, there are TWO types of banks you can choose from; Local & Foreign. Each of them can cater to your needs.

  • Locally, there are 4 different banks; Bank of Singapore, DBS, OCBC and UOB.
  • Internationally, there are 117 different banks and here are some examples; HSBC, BNP Paribas, ABN AMRO, Maybank, Standard Chartered, Citibank.

Alternatively, you can consider using Aspire, a Neobank comprises of various perks (I.e., No minimum deposit is required, No monthly fees, etc.) with reference to traditional banks.
Find out more from here

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Over the years, we have served customers locally and around the globe (I.e., Singapore, Vietnam, New Zealand, United Kingdom, United States, Europe and many others.), and journeyed with them in their respective industries (Lawyer, Consulting Firms, Immigration Officers, Accounting, Investment, Fund, FinTech and others).

We believe with our strong business networks and industry experience, we can start you off on the right ground, allowing you to achieve what you need in no time.

Once you’ve come onboard, we will connect you with a local growth advisor, who will help you take a birds-eye look at your whole business.

Based on your specific needs, they’ll connect you with the right resources, people, training and funding to help move your business forward.

Hear what our clients have to say

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out of 29 reviews on Google

Google Star with PHP

We selected Paul Hype Page to help us incorporate our Singapore business entity and to secure Employment Pass for our staff. I was very impressed with the expert guidance the in-house corporate specialists provided to navigate the Incorporation and Employment Pass application process. Now that our staff is ready to relocate to Singapore and our company’s bank account is open, we can focus in growing our business.

Samba Imaging Pte. Ltd

It’s refreshing to collaborate with a team that is at the top of its game. Company registration, bank account opening, Employment Pass and Dependent passes all approved. Thank you.

Marco Construction & Renovation Pte Ltd

With reliable guidance and high success rate that comes with 10 years of professional experience from Paul Hype Page, I am received my employment pass renewal smoothly and will continue PHP annual compliance services to ensure smooth operational of my company.

Glow E Pte Ltd

Flexible pricing

For all kinds of businesses: Fill out our online form, upload the necessary documents and we register your Singapore company with ACRA.

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