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A simple Presentation about Singapore Company Incorporation Tips. Click here for more: http://enrichco.com/starting-a-business-in-singapore/.
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Singapore Company Incorporation Tips http://enrichco.com/
Introduction • Singapore is the best choice to incorporate your new company. • The tax systems in Singapore will make your business much easier. • Singapore company incorporation is very simple if you have all legal documents without any error. http://enrichco.com/
Requirements: • Two proposed company names. • Brief description of two main business activities. • Shareholders particulars, i.e. copy of passport, foreign address for foreigners, copies of NRIC front and back for Singaporean and Singapore PR. • Directors particulars, i.e. copy of passport, foreign address for foreigners, copies of NRIC front and back for Singaporean and Singapore PR. • Registered address, either the address of Collective Accounting, or other address (PO Box address is not allowed). • Share capital, and shares allocation http://enrichco.com/
Exempt Private Company If a private limited company fulfills all the below mentioned conditions, it can qualify as a private exempt company: • Annual revenue does not exceed S$5 million. • Is in a net asset position at the close of its financial year end. • Not more than 20 shareholders. • No corporate shareholder. • That is wholly owned by the Government and which the Minister, in national interest, declares by notification in the Gazette to be an exempt private company. http://enrichco.com/
Conclusion • Starting a new business in a new country can be quite daunting for expats. • However, going step by step and completing one procedure at a time will give you some clarity and keep you calm throughout the entire process. http://enrichco.com/