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Rikvin ­ Procedures and Requirements of Singapore Company Registration If you are a resident or a foreign entrepreneur or business specialist who wants to  register a Singapore company, you are definitely on the right place. On this page, we  will   be   examining   information   that   will   give   awareness   on   Singapore   company  registration. This information would be very helpful especially to foreign individuals  and companies who would challenge the risk of starting a new company.  Singapore has always been known as a pro­business or a business friendly country.  With   this,   we   are   providing   you   basic   information   that   will   help   you   register   a  Singapore company, thus letting you start appreciating Singapore as a best business  locale. These are the things you need to before incorporation: • •

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Company name: The company name must be unique, desirable and must be  approved   by   Accounting   and   Corporate   Regulatory   Authority   (ACRA)   of  Singapore.  Shareholders: You are required to have a minimum of at least one corporate  or individual shareholding and a maximum of 50 shareholders. Shareholders  can   either   be   100%   foreign   or   a   combination   of   resident   and   foreign  shareholders. Remember that details of directors are made publicly available.  Directors: It is required to have at least a minimum of one director who should  be   a   resident   of   Singapore,   which   means   a   Singapore   citizen,   Singapore  permanent   resident   or   an   EntrePass/Employment   pass   holder   with   a  registered address. Directors should be 18 years of age and should not have  a history of bankruptcy.  Company Secretary: you are required to appoint a company secretary who  should be a resident in Singapore within six months of incorporation.  Share Capital/Paid­up Capital: The minimum paid­up capital for registration of  a   Singapore   company   is   S$1   or   its   equivalent   in   any   currencies.   The  minimum issued capital is one share of par value. "Bearer" shares or "No par  value"   shares   are   not   permitted.   The   Share   or   paid­up   capital   can   be  increased anytime after incorporation of the company. Registered address:  The registered address must be a physical address and  cannot be a PO Box. Use of residential address is allowed for certain types of  business. Memorandum   and   Articles   of   Association:   Memorandum   and   Articles   of  Association must be lodged with ACRA. Memorandum specifies the activities  in   which   the   company   may   engage   whereas   the   Articles   of   Association  specifies the rules governing the internal management of the company.

Now that you already have basic information on things you should know before you  register a Singapore company and you think you need further information. Please do  not  hesitate to consult  an authorized business  registration  firm  in Singapore.  The  Republic   of   Singapore,   its   economy,   business   enthusiasts   and   the   people   of  Singapore would warmly welcome a new Singapore company. Resource Box:

Rikvin provides a full spectrum of corporate services under one roof for Singapore  company incorporation, accounting, Singapore income tax, Singapore work visa and  related compliance services both for individuals and companies worldwide.

Rikvin - Procedures and Requirements of Singapore Company Registration  

Learn about Singapore Company Registration – provided and presented by Rikvin, Singapore’s leading company registration firm and business so...