Singapore is a popular option for Indian entrepreneurs to open their dream businesses. The country is well known for its superior infrastructure, welcoming business environment, and business-friendly laws. Singapore has a sophisticated legal and financial system in addition to being a hub for global trade.
We are one of the finest business platforms for Singapore company registration and can completely guide you to open your first business in the country. Whether you are registering a private firm, a sole proprietorship, an LLP firm, or anything else, you can hassle-free register a company in Singapore from India online with our Register your Business digital platform.
How to Register a Company in Singapore: Business Registration Criteria
Before setting up a business in Singapore, you need to understand the prevailing criteria first. We can also guide you with complying with the legal terms and conditions of the country and help you with company registration in Singapore. Our 24/7 customer service representatives will assist you throughout.
1. Selecting a Company Name
Choosing a business identity for your firm is the first step in Singapore company registration from India. Your choice of name ought to be original and unclaimed by any other brand. For this, our professionals can guide you properly. We use a professional website to find out the available names to start a company in Singapore.
2. Deciding on Board of Directors
A corporation must have a minimum of one director who is a Singaporean national, holder of an employment permit, and a permanent resident of Singapore. The director needs to be older than eighteen and cannot have any criminal convictions or charges against them. A foreigner can also become a director, but they must obtain an employment pass first. If you are wondering how to register a business in Singapore, this is one of the crucial aspects to consider.
3. Shareholders
For Singapore company formation, multiple shareholders can be involved, and there is no upper limit. The shareholder does not have to be a resident of Singapore; it can be any individual or a corporate entity.
4. Company Secretary
Every company must appoint a secretary within six months of online company setup in Singapore. The company secretary should be a Singaporean resident and not a director or shareholder of the company.
5. Registered Address
We provide the best company incorporation services in Singapore and can also help you finalize the address for your business location. The address must be a physical location and not a PO Box.
6. Incorporation Documents
If you are wondering how to register a business in Singapore, you must also know the required documents before starting:
- Name of Directors and Shareholders with postal addresses
- Approval of Company Name
- Registration Form
- Articles of Association and Memorandum
- Details of Company’s Secretary
- Permits and business licenses
- Bank Account Details
7. Registration Fees
The last step for business incorporation services in Singapore is to submit the registration fees. The price covers the costs of incorporation, reserving a name, and obtaining a certificate of incorporation. The total cost to start a business in Singapore from India varies based on the services needed and the type of business being formed.
How to Open a Company in Singapore: Types of Companies
Whether it’s a limited liability partnership (LLP) in Singapore or a private company, each has its unique advantages and disadvantages. You can directly avail of our online business consulting in Singapore to gain insights into the best structure. We can also help you navigate Singapore company registration as a Non-Resident or Resident and guide you through the process.
1. Private Limited Company
One of the most popular business structures in Singapore is a Private Limited Company, offering a wide range of benefits:
- Thanks to limited liability and a distinct legal entity, stockholders' responsibility is limited to the capital they have contributed.
- This structure is considered credible, dynamic, and scalable, meeting the demands of a growing business.
If you wish to avail Singapore taxation services while opening a private limited firm in Singapore, our experts are here to guide you.
2. Limited Liability Partnership
An LLP structure can be best suited for professionals in shared fields. As one of the finest tax and accounting services firms in Singapore, we can help you with complete taxation advisory to open an LLP business in Singapore. We can help you register your LLP business with ACRA in Singapore. You must appoint two partners, and one manager must be over 18 years old and a resident of Singapore. There are also certain tax regulations that are mandatory, so let our tax filing services in Singapore help you out.
3. Sole Proprietorship
Known for simple management and establishment, this business structure is best suited for single individuals who assume unlimited liability. So, if you are wondering how to successfully set up a business in Singapore, this might be your first step.
4. Variable Capital Company
A VCC is an innovative corporate structure in Singapore, enhancing its appeal as a fund management hub. The VCC structure is best suited for investment funds, helping to manage subscriptions and redemptions efficiently. If you need Singapore taxation services while opening a VCC, we are here to assist you.
Avail the Best Company Incorporation Services in Singapore
Wondering how an Indian citizen can start a Singapore company? Reach out to us now and avail of our company setup services in Singapore. With a business-friendly environment, you should grab the opportunity. Our professional team will guide you through the documentation and paperwork essential for international trademark registration in Singapore.
We assist at every stage, regardless of your location, as experts in opening businesses in Singapore. You can count on us for any type of business registration services in Singapore.
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Our WhatsApp services are active 24/7 to help you out. Reach out to our support team for inquiries about Singapore business registration via WhatsApp.
