A company registered in Singapore is a legal entity. Company incorporation services Singapore is a simple online process. It has the rights of a natural born person. The process through which such a company comes into being and acquires this status is called incorporation. The company has a separate identity from its owners or shareholders. Aspire registers a tax-efficient private limited company for you in 1-3 days. This is a credible, robust, and scalable business structure. You get the ease of doing business, tax benefits, favorable regional & international trade agreements, and low-cost finance.
How to go about Singapore Business Registration?
Step1: Registering the Name of Your Proposed Company
We need a list of 3-5 company names. We check their availability with ACRA (Accounting and Corporate Regulatory Authority). We do not charge for Name-checking.
Step2: Specify Type of Your Business Activity
At the time of company incorporation Singapore, you need to specify your business activity to the government. Our experts assist you in picking the right SSIC code to do so. Mentioning the wrong one can adversely impact your tax exemptions and licensing.
Step 3: Documents needed for Company Incorporation in Singapore
Following is a list of documents that you need to submit at the time of forming a Singapore company.
* Approved Company name
* Description of business activities
* Registered local address
* Particulars of shareholders, directors, company secretary
* Foreign Individuals: a copy of passport & proof of residential address (overseas)
* Foreign Companies: Memorandum & Articles of Associations, Certificate of Incorporation
* Singapore Residents: A copy of their Singapore identity card
Company Incorporation Services Singapore Registration Cost
For company incorporation Singapore, foreigners need to appoint a resident director and provide a registered address. Singapore company registration cost includes:
ACRA’s official fees + Local Director Service fees + Company Secretary Service fees + Auditing Service fees + Registered Address Service fees.
* For Corporate Shareholding – Email us
* All prices exclusive of 7% GST (Goods and Services Tax)
* Note: Pricing, shown here or at any other place on our website, is for the sole purpose of illustration to give a tentative or rough estimate only; therefore, any / all means or any / all conditions can’t be constituted as the actual price.
* All Appointments and Customers on boarding are subjected to CDD (Customer due diligence) Clearance.
* We Reserve the right to ask for further documents requested by the Compliance officer and we reserve the right to decline / refuse on boarding without disclosing any reasons.
Additional Services
Appointing an experienced registered filing for incorporation services Singapore agent like Aspire consulting makes your Singapore business registration a hassle-free experience. It helps get your company incorporation Singapore done in no time.
An experienced registered filing agent like Aspire Consulting can incorporate a Singapore company in 1-3 days. However, if the application for it gets referred to the concerned Ministry, it may take up to 2 months.
With business incorporation, a lot of procedures and formalities including filing returns, writing accounts and tax compliances becomes necessary.
Aspire uses Invoicing software that sends invoices on the go. So clients can pay them in a click. Registered Company can use the following ways to Create and send professional-looking invoices;
* Create one or more invoice layouts
* Insert your logo and set your payment terms
* Add a standard message or insert more fields
Procedures to accept payments instantly for invoice management
Let customers pay you straight away from online invoices using third-party payment services.
* Add a ‘Pay now’ button to online invoices for one-click payment
* Accept debit and credit cards, as well as direct debit
* Accept card payments with Stripe and other payment services
Company Incorporation Services Singapore can set up a subsidiary company to expand its business activities to Singapore.
* It has a separate identity from its parent company.
* The parent company can own 100% shareholding in its Singapore subsidiary.
* A subsidiary is treated as a local company. It gets the tax benefits, exemptions, and rebates provided by the authorities.
* A subsidiary is liable for its debts and losses. The parent company’s liability is limited to its share capital.
Conclusion
Aspire assists companies in conveying their annual general meeting in every calendar year. The companies need to table their financial statements for the shareholder’s scrutiny.
