Company Registration

Paid-up capital refers to the amount that has been paid up on shares that have been issued by the company. These shares may be ordinary shares, preference shares, or some other class of shares.

In Singapore, companies can be registered with just a minimum paid-up capital of SGD 1. Singapore allows any legal currency to be used as paid-up capital. 

 Company registration for Foreigners needs the following steps to be noted:

1. Deal with the official requirements

2. Get your company registered

3. Open an account: start paying, get paid

4. Set up the accounting routine

5. Get an Employment Pass if you want to move to Singapore

The Company Registrar will need the following information and documents:

• Company Name
• Brief Description of Business Activities 
• Shareholders Particulars
• Directors Particulars
• Registered Address
• Company Secretary Particulars
• Memorandum and Articles of Association (MAA). Singapore Company Registrar provides a standard MAA document that is suitable for most instances.

Registration Procedure and Timeline:

Reserve Your Company Name

The Singapore authorities have to approve your enterprise call before you may sign in it. The agency Registrar will oversee the method. 3E Accounting will fill out and publish the important application paperwork on your behalf.

The Company Registrar should notify you of her decision instantly. Certain words will slow down the process, including law, media, bank, and finance. If you use these words, another Government Authority will intervene, which may delay the process by days or weeks.

Register Company

After the Registrar of Companies approves your company name, they will process your incorporation application and documents within a few hours. 3E Accounting will make sure all documents are in order and the company directors and shareholders have properly signed all forms.

Post-Registration Formalities Documents Issued

Certificate of Incorporation:

Company Business Profile

Opening a Corporate Bank Account

Applying for Business Licenses for starting a business in Singapore

Goods and Service Tax (GST) Registration

Annual Filing Requirements

Annual Income Tax Requirements