GENERAL INFORMATION

Total area – 710 sq km
Population – 5,607,000
Political status – Republic
Capital – Singapore
Official language – English, Malayan
Official currency – Singapore dollar (SGD)
Time zone – GMT + 8

 

Basic Information
1. Political Stability1. Good
2. British Based Legal System2.Yes
3. Type of Company3. Pte Ltd
4. Migration of Domicile Permitted4. No
5. Tax by Jurisdiction on Offshore Profits5. Nil
Corporate Requirements
1. Minimum Number of Shareholders
1. One
2. Minimum Number of Directors
2. One
3. Corporate Directors Permitted
3. No
4. Secretary Required
4. Yes
5. Standard Authorised Capital
5. N/A
6. Bearer Shares Permitted6. No
Local Requirements​
1. Registered Office/ Registered Agent
1. Yes (*M)
2. Company Secretary
2. Yes (*F)
3. Local Directors
3. Yes
4. Local Meetings
4. No
Due Diligence / Disclosure
1. Due Diligence Required
1. No
2. Disclosure of Beneficial Owner on Public File
2. No (*BA)
3. Government Filing of Register of Directors/Secretary
3. Yes
4. Government Filing of Register of Shareholders
4. Yes
Annual Requirements
1. Annual Return
1. Yes
2. Audited Accounts
2. Yes (*D)
Shelf Companies AvailableNo
Days to Incorporate Companies on Request (Approx.)7
Tax Treaties AccessYes

*BA – Only to Registered Agent

*F – Restrictions exist for the same person to act as director/shareholder/secretary

*D – Small private exempt company exempted from audit

*M – Concept of Registered Agent is not applicable

 

Notes:

  • Companies incorporated in Singapore are not exempt from tax. However, the applicable tax legislation of the country provides an opportunity for Singapore companies to operate in a favourable tax mode.
  • Singapore is not a party to the Hague Convention and hence is unable to issue an Apostille, which may be inconvenient. Consequently, in some cases Consular legalisation of corporate documents of Singapore companies may be required.

Contact us

Igoumenitsas 12,
CONNECTEDSKY HOUSE, P.C. 2027,
Strovolos, Nicosia, Cyprus

Tel:
70003517 in Cyprus
+357 22258800 from abroad

Fax:
+357 22258801

Email: info@connectedsky.com