Public Company Limited by Shares
Singapore is considered the main business and trade center of Southeast Asia. This city-state has a highly developed and successful market economy, attracting many businessmen wishing to register a company in Singapore for its open and corruption-free environment, legal and political stability, and low taxation.
The public limited company is one of the most common types of company in Singapore. This form of the company offers many advantages, in terms of limited liability (limited to the level of contribution) and regulated access to capital.
The Public Company Limited by Shares is often the legal form of company chosen by large businesses, but it can also be used, as the shares in this type of company can be bearer shares and are therefore more easily transferable.
Public Company Limited by Shares registration conditions
Registering a company in Singapore is pretty straightforward. To start the procedure for registering a company in Singapore, a standard package of documents for the founders and members of the company is required, which can be clarified with our specialists, as well as the following information:
- 2-3 names of the future company in order of priority;
- structure of the future company (who is the director, shareholder, beneficiary). Please note that in the structure of a Singapore company, at least 1 director must be a resident of Singapore;
- type of activity of the future company.
Get started
Register Public Company Limited by Shares jurisdiction with our professional assistance. If you have any questions on the topic of the article, you can contact the specialists of our company, who will conduct a personal consultation on the regulation of activities in Singapore.
Timeline
If there is an approved name and formalized constituent documents, registration will be completed within a few hours. However, there are exceptions. For example, if directors or shareholders are citizens of certain countries, there may be 1-2 weeks delays. At the establishment, a state fee is paid.
Fees
Registration cost directly depends on the services used. The base price includes state duties, payment for the services of our specialists and payment for the services of a courier service to deliver you a package of company registration documents and stamps.
Compulsory regulation
A Public Company must have at least 1 secretary appointed.
The Directors of a Public Company must take all necessary measures to ensure that the position of the secretary (or each of the Co-Secretaries) of the company is held by a person who, in their opinion, has the necessary knowledge and experience to perform the functions of the secretary of the company.
Documents
You should provide the list of the following documents:
- Memorandum
- Statutory Declaration of Compliance;
- Information about shareholders, directors, secretaries, etc. (Particulars of Shareholders, Directors, Secretaries, etc.);
- Copies of identity documents (passports) of directors and shareholders – individuals of the Singapore company; legal entities are required to provide copies of the Certificate of Registration of the company, documents – confirmation of the legal address of the company;
- Singapore registered office address with hours of operation;
- Consent to Act as Director and Statement of Non-disqualification to Act as Director;
- Consent of an individual to act as a secretary of a Singapore company (Consent to Act as Secretary).
Consultation about Public Company Limited by Shares registration
Our consultation services for registering a Public Company Limited by Shares in Singapore are tailored to assist you in all aspects of setting up your business. Our experienced advisors will support you from preparing the initial paperwork to acquiring the required permits and registrations, ensuring a seamless and effective procedure. We offer individualized advice on legal obligations, share capital, and corporate framework to assist you in making well-informed choices that are in line with your business objectives.
Ownership management
Dealing with the ownership of a Public Company Limited by Shares can be challenging yet essential. Our services involve managing ownership changes, overseeing beneficial owners, and handling ownership transfers. We guarantee that all ownership alterations are accurately recorded and adhere to the most up-to-date regulations.
Corporate structure changes
As your company grows, your organizational structure may also need to evolve. We offer a range of services to assist with adjusting directors, updating nominee details, or making any other necessary structural changes, ensuring a seamless and efficient process.
Share capital management
Managing share capital is crucial for the financial well-being of your company. We provide assistance in boosting, cutting, disposing, and transferring share capital, guaranteeing that all actions are executed correctly and in compliance with legal obligations.
Register Public Company Limited by Shares
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