Make Your Company Incorporation Easy With Corporate Consultants

1. Make Your Company Incorporation Easy With Corporate Consultants Singapore has been attracting entrepreneurs from within and other countries due to the excellent facilities that the country offers for businesses. A robust economy and a peaceful political environment are factors that please the investors who come from outside. There is excellent infrastructure support in Singapore. Businessmen will get the latest technology to help them run the business. For those who are not familiar with the procedure to register their companies, there are corporate consultants who will assist you in the job. 

2. It Is Easy To Register Your Business in Singapore Singapore probably has the easiest registration procedures anywhere in the world. You can register and incorporate a company within a couple of days. There is no red-tape and the procedures are very simple. Once you submit your documents everything is very simple and easy. If you face any difficulty due to ignorance of the procedures there are authorized agencies who offer Singapore company registration serviceat very affordable rates.

3. The Incorporation Process Explained The businessperson should first decide what type of company he or she wants to open. There are three options for the local investor – a sole proprietorship, a limited liability partnership or a private limited company. For foreign companies, they can form a representative office, a branch office or a subsidiary company. The private limited company and the subsidiary company are the most preferred types of companies. Both of these have a similar structure, benefits, and requirements. The first process in the incorporation of a company is to register the name of the company with the ACRA. Once the name is registered you can submit the incorporation documents duly signed by all the shareholders. A subsidiary company or a private limited company can have a maximum of 50 shareholders. The shareholders can be either individuals or companies. Singapore allows foreign companies to fully own the subsidiary company.

4. Requirements for Incorporation If you want to incorporate a subsidiary or a private limited company you must fulfill certain conditions. You must have a minimum of one director, one shareholder, and a registered office address. If there is only one shareholder, he or she cannot be the director. But if there are more shareholders, they can become directors. One more condition is that one director must be a resident director. This means that the person should be a citizen of Singapore or a holder of the employment pass.  If a foreign company cannot immediately appoint a resident director, they can use the services of the authorized agency until the person can get an employment pass. The registered office must a physical building and not a post box number. The agencies will help you with a registered office address to receive your correspondence.

5. Using the Corporate Secretarial Service One of the other conditions to fulfill during new business registration in Singapore is to appoint a company secretary within a period of six months from the date of incorporation. The company secretary must be a Singapore resident. The person must be familiar with the company laws in Singapore. The company secretary must ensure that the company is run according to the laws. He or she is also responsible for calling the annual general meeting and record the minutes As the company secretary has to be experienced and qualified many companies are unable to appoint the right person. The solution to that is to avail the corporate secretarial services offered by the corporate consultants where all the work of the company secretary will be undertaken and done properly. You can rest assured that the company is functioning as per local laws.

6. Contact Information Company Name: TN Corporate Management Address: Blk 531A, Upper cross st, 03-108 Hong Lim Complex , Singapore 051531 Tel: +65 6719 229 Website: https://tnpl.com.sg Email: contact@tnpl.com.sg