Business formation in Singapore
If you are an entrepreneur wanting to grow your business or if you aspire to start a new business and want to explore new possibilities, Singapore is the perfect place for you. Singapore is a dynamic and strategically located country that is ready for business expansion. Our business formation solutions are designed to meet your specific requirements and will make your transition into the exciting Singapore business environment smooth and effortless.
The procedure of business formation
Concerning the necessary procedures and processes, our extensive range of services encompasses every aspect of establishing a business. Beginning with the initial establishment and continuing through the completion of legal paperwork, we manage the entire progression, enabling you to concentrate on your primary business goals. Within this, our team aids you in:
1
Choosing the right business structure
We understand the importance of selecting the most optimal legal structure for your business. Whether you opt for incorporation, partnership, or sole proprietorship, our team of experts provides personalized guidance to assist you in achieving your goals.
2
Drafting legal documentation
The legal documentation needed for your business, including shareholder agreements, articles of association, and employment contracts, will be expertly prepared by our highly trained professionals, who will customize them to cater to your specific requirements.
3
Bank account opening
To oversee financial transactions, receive payments, and make disbursements, it is necessary to establish a corporate bank account in the country.
4
Registering with authorities
Our professionals are skilled in managing the bureaucratic terrain and will take care of all the essential registrations, such as tax authorities, social security, and trade registers, to ensure that you adhere to Singapore's legal framework.
Timeline for business formation: setting expectations
The length of time it takes to establish a company in the country depends on the type of enterprise entity chosen. In general, it usually takes about 2-4 weeks to go through all the necessary procedures and set up the company.
Types of legal business structures in Singapore
Our expertise lies in facilitating the establishment of different types of companies, guaranteeing that the structure of your business perfectly matches your goals.
Private Limited Company (私人有限公司)
Private Limited Companies are widely favored by businesses in Singapore due to their limited liability protection for owners and their adaptable structure. These companies present a convenient choice for entrepreneurs and we are available to assist you in establishing your Private Limited Company in Singapore.
Public Company Limited by Shares (公司股份有限公司)
In Singapore, larger businesses often opt for Public Companies Limited by Shares. These companies have the advantage of being able to raise capital through public offerings and have the flexibility to transfer shares. Our purpose is to help you with the registration procedure for your Public Company Limited by Shares in Singapore.
Branch Office
A branch office functions as an expansion of its parent company, permitting it to engage in business in a different area while maintaining its original legal identity. For companies aiming to broaden their activities into Singapore without forming a distinct legal entity, establishing a branch office can be advantageous. By operating as a branch, the parent company can benefit from its existing brand reputation and resources while accessing new markets. We provide extensive assistance in navigating the complexities of establishing and running a branch office in Singapore, guaranteeing a seamless and compliant entry into the market.
Holding Company
A holding company, commonly used to control other companies by owning their shares, is a strategic entity. In Singapore, creating a holding company can provide several advantages including centralized management, risk diversification, and tax benefits. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making procedures, and optimize tax planning approaches. Our team of experts offers personalized advice and support to aid you in establishing and running a holding company in Singapore, ensuring adherence to regulatory standards and optimizing the potential of your corporate structure.
Our business formation solutions
We provide two convenient choices for establishing a business, taking into account your preferences and ensuring a seamless entry into the Singapore business environment.
Business formation online
Commence the process of establishing your company online effortlessly, no matter where you are or the time of day. Our committed staff is available to aid you in each stage of the procedure, delivering customized help that suits your individual requirements. From submitting documents to monitoring advancement, we ensure a smooth experience using electronic resources and an easy-to-use interface. Allow us to streamline the process of incorporating your business, providing professional assistance as you establish your company with just a few simple actions.
Business formation remotely
Let us take care of all the documentation and legal procedures on your behalf. Our well-trained team based in Singapore will handle everything, enabling you to concentrate on your primary business operations.
Contact us
Are you prepared to start your business journey in Singapore? Do not attempt to navigate the challenges by yourself. Get in touch with us for expert guidance and customized strategies to simplify the process of establishing your business. Our team of seasoned professionals is available to assist you at every stage, ensuring a smooth and prosperous entry into the fast-paced corporate environment of Singapore. Let’s collaborate to transform your company objectives into a tangible reality.
Ready for the next step
Accelerate your business growth while we take care of everything else.