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March  

Singapore  Incorporation  Services  on  

How  To  Register  a  Company  in  
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Singapore  
[Type  the  abstract  of  the  document  here.  The  abstract  is  typically  a  short  summary  of  the  
contents  of  the  document.]  
Singapore Company
Registration

Requirements For Private Limited

Singapore Company Registration

Two types of businesses can be registered in Singapore. The first

and the easier to register is the sole proprietorship, which, as the
name indicates, is owned by only one person. The other type is the
private limited company which must have less than 50
shareholders, and which needs to fulfill several Singapore company
registration requirements.

Singapore company registration, both for single proprietorship

or for private limited companies, requires a business name to be
registered and the application of incorporation. The paid-up capital
for both types of business is the same—S$1. This is what most
green horns in establishing a business appreciates in Singapore’s
pro-business environment.

Singapore company registration is filed with the ACRA, or the

Accounting and Corporate Regulatory Office of Singapore. ACRA
plays the role of the regulator of all the businesses and of the
accountancy profession in the country.

For private limited companies, Singapore company registration has

the following requirements:

1. Business name and application of incorporation. The business

name should not be an existing and already registered name,
should not contain any vulgar expression, and should not be
restricted by the Minister for use by the public.

2. The company has to have at least one shareholder and one

director, who can be the same persons, although most financial
institutions require two signatories so it is best to elect a separate
shareholder and director among all shareholders which can be up to
50.

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3. One of the directors must be at least 18 years old, a Singapore
citizen or permanent resident, an Employment pass, Approval-in-
Principal Employment pass, or a dependant pass holder.
4. A physical business address must be provided. A P.O. Box is not
accepted.

5. The private limited company has to have a dedicated and

competent secretary within 6 months of the registration. He or she
is supposed to be knowledgeable of the administrative requirements
of the business.

As with any application, Singapore company registration can be

simplified, seamless, and stress-free if all the requirements are in
order. Service providers facilitate this in sure-fire ways.

This will then assure business owners of a timely processing at

agreed-upon service fee, something that is important especially for
those who have a conservative beginning capital and who desire to
start operating as a legal business entity the soonest time.

Related posts:
1. Company Registration ACRA
2. Company Registration Singapore
3. Company Registration
4. ACRA Company Registration
5. Incorporating A Company In Singapore

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Company Registration
Singapore

Company Registration Singapore: Water

Business Seen To Boom In 2015

Singapore clinched the fourth spot in the recently released report on

the Global Financial Index, which still maintains London, New York,
and Hong Kong on the top three posts. Tokyo has the fifth spot.

Interestingly, both Singapore and Hong Kong do not come far off
London and New York in the long-held top two positions as the
world’s biggest financial centres.

No wonder, many businesses are keen on launching their

headquarters in Singapore. This is especially because company
registration Singapore offers is in an environment that is not
averse to innovation or risk-taking. Instead, the Singapore
government’s corporate regulatory body, the ACRA, plays a
facilitative and not a forbidding role for businesses seeking to be
established in this Asian power economy.

Company registration Singapore requirements are streamlined. A

sole proprietorship or private limited company only needs to
register a business name and apply for incorporation for a minimal
fee. If all documents are submitted in order, the two processes can
be accomplished in less than one hour. Moreover, businesses need
only a paid-up capital of S$1 to be registered.

Corporate secretarial firms which are experts in fulfilling company

registration Singapore requirements also help with the speedy filing
of application, even for businesses which have peculiar
requirements usually involving the approval by another government
agency apart from ACRA. These firms have the experience
necessary for a speedy filing, especially for highly competitive and
new business ventures which promises great returns for the
innovators.

One such business to give careful consideration to is the water

business. Currently, Singapore is dependent on reclaimed water for
30% of its requirement. To supply the rest of the requirement, the
government imports water from Malaysia.
The Singapore government seeks to be self reliant when it comes to
its water requirements and is embracing all innovations leading to
its proposition to become a hyrdohub by 2015. This need provides a
steady platform to launch businesses in the water treatment and
reclamation industry.

Related posts:
1. Company Registration ACRA
2. Company Registration
3. ACRA Company Registration

Company Registration ACRA

How An Expert Firm Facilitates Speedy

Company Registration ACRA Approval

Singapore provides a very encouraging environment for the

establishment of businesses. Whether you are planning to establish
a sole proprietorship or a private limited company, you can get help
from an experienced service provider to register your business
speedily.

To accomplish this, you must comply with requirements from the

Accounting and Corporate Regulatory Authority (ACRA) Singapore,
which is the government body responsible for regulating businesses
and accountants in this country.

To obtain a speedy company registration ACRA approval, make sure

you have verified the business name you are to register as (1) not
existing, (2) not containing vulgarity, and (3) not restricted by the
Minister for use; and that you have the complete documents
required for the application of incorporation. With all these two
requirements uncontested, the ACRA website states that business
registration and incorporation can be accomplished in less than an
hour.

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It is easier to fulfill company registration ACRA requirements for
a sole proprietorship, but in the case of a private limited company,
several requirements are in place.

First, the company has to have at least one shareholder and one
director, who can be the same person.

Second, one of the directors must be at least 18 years old, a

Singapore citizen or permanent resident, an Employment pass,
Approval-in-Principal Employment pass, or a dependent pass
holder.

Third, the private limited company has to have a registered

business address which is not a P.O. Box. Special licenses must be
secured if the business address is at the owner’s HDB flat or at his
house.

Fourth, the private limited company has to have a secretary in post

for at least 6 months.

Finally, it should have a paid up capital of just $1. This is what most
entrepreneurs find most encouraging.

Corporate secretarial firms that offer business registration services

can help further streamline this process, especially in cases where
an approval needs to be secured from another Singapore
government agency either when registering a business name or
when declaring a physical business address at one’s HDB flat or
private home.

Firms have the experience in filling out proper documents and in

filing them at appropriate offices so that you can have your
company registration ACRA approval in time for when you desire to
launch the business.

Related posts:
1. ACRA Company Registration
2. Company Registration
3. Private Limited Company

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ACRA Company Registration

How To Choose A Business Name That

Complies With ACRA Company
Registration Standards

Singapore is a host country to many single proprietorship and

private limited companies. Owing to Singapore government’s
cultivation of a pro-business environment, start-up businesses
owned by first-time entrepreneurs do not face the daunting task of
complying with the Singapore Accounting and Corporate Regulatory
Authority, or ACRA company registration requirements.

ACRA is the national regulator of businesses and the accountancy

profession in Singapore. Fulfilling ACRA company registration
requirements is the first step to establishing your own business in
this country of limitless opportunities.

There are primarily two (2) requirements to be fulfilled: the first is

to register a business name that does not conflict with an already
existing business name according to ACRA’s BizFile, and the
second is to apply for incorporation.

In choosing a business name, companies should also check if the

name chosen requires to be referred to the right government
agency in Singapore. For example, a company registering a school
is referred to the Ministry of Education.

A company opening a chiropractic clinic is referred to the Ministry of

Health. Also there are business names that the Minister has already
reserved and instructed ACRA to not accept for registration.

While trying to appeal to a mass number of potential customers,

using vulgarity or obscene expression in the business name is
definitely not acceptable. It is recommended to think of a business
name that instantly and clearly speaks of the nature of the business
being set up. While not a clear-cut ACRA company registration
standard, it will definitely help the business develop and succeed
with effective brand marketing.

As many as there are companies currently registered in Singapore,

a green horn entrepreneur may feel overwhelmed about where to
start. ACRA company registration requirements are streamlined. But
if one is wondering where to get further help, then corporate
secretarial and business registration companies can provide expert
assistance.

Related posts:
1. Company Registration
 
 
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