Company Incorporation Services in Singapore

We can incorporate your company as fast as 60 minutes given that we have all the required details. However, there is no guarantee that it will always be like that, some application can be can be referred to Authorities and might take up to 2 months to process.  (https://www.acra.gov.sg/how-to-guides/before-you-start/referral-authorities)

In Singapore, two companies can’t bear the same name. So, you have to come up with a unique word or word combination. In case that your desired name is taken, you may try to change a few spellings or add extra words to lessen the chance of being referred to Authority due to having identical name.

You can change your company's name after registration. The procedure entails securing approval from ACRA for the new name, amending the company's Memorandum and Articles of Association, and updating official documents and records to align with the new name. It's crucial to verify that the new name adheres to ACRA's naming criteria and avoids any trademark violations. Additionally, the change of the name requires approval from the company's shareholders.

Yes! A foreign individual can be the director of a Singapore-based company; however, Singapore does not permit Corporate Directors but they can be Corporate Shareholders.

Once incorporated, ACRA will send a Business Profile containing all your company details and your company UEN (Unique Entity Number) which you can use to register for license and opening a bank account.

If a company chooses to adopt the Model Constitution in force from time to time, it would be taken to have adopted any changes to the provisions in the Model Constitution as made in the law over time, without having to go through any procedures to amend the Model Constitution that it has adopted. Adopting the Model Constitution in force at a point in time would mean that the Model Constitution adopted is fixed, unless the company subsequently makes amendments to it.

Yes. As an approved tenant or flat owner you are allowed to register your firm or company with your residential address however you are required to seek the proper approval from the relevant authorities. You can register to set up a home office in your private home or HDB flat and hire up to 2 non-resident employees.

Before you can formally start your company in Singapore, the Accounting and Corporate Regulatory Authority (ACRA) must first approve the name of your company. All business owners who want to start a company in Singapore must go through the incorporation process. This rule applies to both Singaporeans and foreigners. You can accomplish this by registering your business with ACRA and following the Companies Act.

However, foreigners without a Singpass must have a registered filing agent submit the applications for the company name and incorporation on their behalf. WealthBridge's company incorporation services can guarantee that your business complies with Singapore legal requirements.

To check a company registration, you can look it up in the ACRA database. You can use the website's business entity search option to type and enter the company name into the database. If the company name is not listed in the ACRA database, then business is not authorized to operate . Keep in mind to double-check the spelling of the company name.

Singapore is a country in Southeast Asia. Therefore, incorporating your company in Singapore can give you access to the developing Asia-Pacific markets. Low taxes, a good standard of living, and favorable laws for foreign companies are also the benefits of incorporating your business in Singapore.

It is perfectly legal to operate a company without incorporating it in Singapore. However, there are advantages to incorporating your business, such as giving your company activities legal protection, credibility, and branding.

Running a company in Singapore without doing formal incorporation also gives you the title of Sole Proprietor. Hence your company activities are assumed to be those of a sole proprietorship. As such, the proprietor must pay personal income tax (ranging from 0% to 22%) on the income from the proprietorship. Other than that, the tax benefits, exemptions, and rebates that are available to a private limited company cannot be claimed by a sole proprietorship.

Certainly! Foreigners are permitted for a 100% ownership of a Singaporean company. Typically, there are no limitations on foreign ownership across most industries. Nevertheless, exceptions exist in sectors like banking and finance, where specialized licenses might be necessary. Moreover, certain businesses might need approval from regulatory bodies. It's vital to thoroughly investigate and grasp any industry-specific regulations relevant to your business prior to incorporation in Singapore.

Yes, you can run your Singapore company from overseas. Our team of experts will assist you in meeting all compliance obligations necessary for incorporating and managing your company. As a result, you can register a Singapore company and effectively manage it without the need to be physically present in the country.

Singapore provides a range of tax incentives aimed at fostering business expansion and investment. These incentives comprise schemes such as the Productivity and Innovation Credit (PIC), which grants tax deductions or cash payouts for eligible expenses related to innovation and productivity enhancements. Furthermore, the Development and Expansion Incentive (DEI) and Global Trader Program (GTP) extend reduced tax rates to certain industries and operations. Additionally, Singapore maintains a network of double taxation treaties to mitigate the risk of double taxation on foreign-earned income, enhancing its appeal to multinational enterprises.

A company's business profile is purchasable, and it contains the following details:
- Name and UEN
- Paid-up and issued capital
- Names of Auditors, Directors, and Shareholders
- Last filed annual return and financial year end
- Existing charges under the company’s name
- Shareholdings and types, if any
- Electronic documents submitted through ACRA can also be retrieved by the public for a fee

Certainly, you have the option to appoint a nominee director or shareholder, provided that terms and conditions are agreed upon between you and the nominees. However, such arrangements may lead to difficulties in opening a banking account. Despite the private arrangement, the nominee director must disclose the appointor to the company, while the nominee shareholder must disclose their registrable controller. This information will be confidentially filed with ACRA.