Sunday, November 18, 2012

What You Should Know About Company Registration In Singapore

By Harold Chan


Company registration in Singapore is not as complex as the process in other countries. All you'll need to do is to have the necessary papers ready and to find out the guidelines to follow when registering a company. Included in the list of things you have to procure are your shareholder and director names, who your company secretary will be, what your registered address is and the paid-up capital for this venture.

Putting together all the requirements for incorporation also follows some guidelines. For example, your company name must be well researched and must not be a copy or an imitation of one that already exists in Singapore. You will also need to remember that your list of directors should always include at least one Singaporean resident. Directors also have to be 18 years old or above, have clean records, and are not bankrupt.

Employing The Right Firm For Your Company Registration Needs

Once you have your company all set up and ready, the next step you will need to take is to search for a firm that specializes in company registration or company formation in Singapore. These professional agencies will allow you to understand and follow the legal process of company incorporation singapore. With their support, you will know what documents you will need to provide, what the procedure and the timeline is, how much you'll need to pay, and what to do next after your registration.

Some of the documents you have to submit include copies of the Singapore identity card of residents and copies of passports for non-residents. Those who are not from Singapore but are part of this company like directors and shareholders need to submit other documents as well. Documents such as proof of residency coming from their own country, personal profiles, business portfolios and even bank statements and reference letters are some of the required documents.

Finding These Agencies Online

You can easily locate an agency in Singapore that specializes in company registration. It's even more convenient now thanks to the Internet. Just check out what these sites can offer you and what information you can gather from them regarding company registration in Singapore, as well as the requirements needed for this. There are agencies that offer registration packages and others that offer free consultations as well.




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