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Singapore Company Incorporation FAQs

Frequently Asked Questions about Singapore Company Formation

TOP FAQs

  • Who is a resident of Singapore?

    A Singapore citizen, Singapore Permanent Resident or EP holder who is residing in Singapore.

  • What documents are required to incorporate the subsidiary company?

    Typically the following documentation will be required:

    • Details of the proposed subsidiary name, share capital, shareholder(s), director(s) etc.
    • Copy of Singapore ID (where applicable) and passport of each director and individual shareholder
    • Certificate of incorporation of the parent company and company profile reflecting registered address and directors of the parent company.

    * Any documents that are not in English must be officially translated into English.

  • Can a shareholder also be a director?

    Yes, there are no restrictions prohibiting an individual assuming both roles.

  • What is a company?

    A company is a business entity registered under the Companies Act, Chapter 50. Most companies in Singapore are private companies limited by shares and are recognized by the suffix “Pte Ltd”.

  • What is the difference between a director and a shareholder?

    Shareholders
    own the company and are entitled to the profits of the company.

    Directors

    Manage and oversee the company’s operations, and deal with everyday responsibilities.

  • Can a director also be the company secretary?

    A director can hold the position of company secretary only if he or she is qualified to do so, and the company has more than two directors and the director is qualified to do so.

  • What is private company?

    Maximum number of shareholders is limited to 50 and the constitution restricts the right of its members to transfer their shares in the company.

     

    A private company limited by shares can be classified as a exempt private company.

    The key characteristics of an exempt private company is:

    • No more than 20 shareholders; and
    • All the shareholders are individuals.
    • Exempt private companies with an annual revenue of less than S$5 Million are exempted from audit requirements and are not required to file financial statements with the ACRA.

    It is also exempted from prohibitions against loans to its directors or to companies related to its directors.

  • What are the Different Kinds of Companies?
    • Private/public company limited by shares
    • Public Company Limited by Guarantee
  • What is the minimum and maximum amount of shareholders permitted?

    A private company limited by shares must have at least one shareholder and no more than 50 shareholders.

  • Does a Singapore subsidiary require a registered address in Singapore?

    Yes, all Singapore companies and subsidiaries need to have a registered address in Singapore.


Registered Address

What are Virtual Office Services?


While it is not a requirement that a company has a telephone and fax number, you may find this useful depending on the needs of your business.

Virtual Office services include a dedicated phone and fax number for your business, an automated greeting service and a message recording service. All messages and documents received via fax will be forwarded to.

Do we need a local address to incorporate our company in Singapore?


Yes, every Singapore company is required to have a local registered address. The registered address needs to be an effective address for delivering documents to the company and its members.

You are permitted to engage a service provider such as Lee Kim Alliance to use their address as your registered address.

Does a Singapore subsidiary require a registered address in Singapore?


Yes, all Singapore companies and subsidiaries need to have a registered address in Singapore.

Does a Singapore subsidiary require a registered address in Singapore?


Yes, all Singapore companies and subsidiaries need to have a registered address in Singapore.

Do I need a registered address in Singapore for my company?


Yes, all Singapore companies must have a Singapore registered address. You are not required to lease an office space or use our Registered Office services

May I use my apartment address for the company registration?


-Either office or apartment address can be used as a registered address.

 (However, the apartment needs permission from the landlord)

 

-If you are applying for a work visa, it is recommended to use the office address for the registration.


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