Company registration
in Singapore
Open a new chapter in your business success by establishing a company in Asia’s most innovative and stable nation — Singapore. This isn’t just a tiny island on the world map; it’s a formidable financial hub with high-quality infrastructure, an attractive tax system, and a global reputation. Position your brand on the world stage while enjoying the benefits of Singapore’s business environment, from straightforward administrative procedures to lucrative trade relations with global leaders.
Cost
of service
of service
2 500 EUR*
Term of registration
in the registry
in the registry
1 day
Income
tax
tax
0%, 17%
Company
registration type
registration type
No personal visit
* The fees serve as informative indicators. Kindly reach out to the attorneys at Lawtter Solutions to ascertain the services encompassed within the registration fee.
Benefits
We are your reliable guide in the realm of Singaporean business, capable of making the company registration process not just understandable, but also seamless.
Our experts are well-versed in local legislation and have extensive experience registering and supporting business projects in Singapore.
Take advantage of the opportunity to become part of one of the world’s most progressive and influential business communities. With Lawtter Solutions, your ambitions in Singapore will not only become a reality, but they will also translate into resounding success. Take a step toward your future today.
The Benefits of Incorporating a Business in Singapore
Incorporating a company in Singapore brings a plethora of benefits:
Global Business Hub
Your doors open not just to Asia, but to the entire world. Singapore is the crossroads of global markets.
Tax Haven
With a corporate tax rate of just 17%, additional bonuses and incentives further sweeten the deal.
Transparent Jurisprudence
The rules are clear and corruption is minimal. Business in Singapore is conducted honestly.
Stability and Security
The country boasts a low crime rate and a stable political environment. Your business is in safe hands.
Efficient Infrastructure
From ports to internet connectivity, everything operates like clockwork.
Innovative Ecosystem
Science parks, startup incubators, and research centers — Singapore will bring a breath of fresh air to your business.
Speed and Efficiency
Company registration takes just a few days, not months or years.
International Agreements
Singapore has signed several international agreements on double taxation and investment protection. Your capital is secure.
Ease of Communication
English is one of the official languages, ensuring that business communication doesn’t get lost in translation.
Unified Culture
Singaporeans are known for their pursuit of excellence and teamwork.
Transparent Financial Reporting
International standards make financial reporting straightforward and clear.
Developed Financial Markets
The presence of numerous banks and investment funds makes financing more accessible and efficient.
Bridge to the Digital Economy
A leader in the fields of artificial intelligence, blockchain, and Big Data.
In essence, Singapore represents a business pie, a slice of which can significantly enhance your enterprise’s success. Understanding the procedures and requirements of Singapore business incorporation is key to successfully establishing your enterprise in this thriving economic hub.
Company types
Being knowledgeable about the necessary regulations and permissions from the relevant authority is crucial when undertaking a new venture. Before embarking on the path of company incorporation in Singapore, it’s important to acquaint yourself with the jurisdiction’s administrative and legal prerequisites
Sole Proprietorship
If you’re going it alone and want to quickly launch your business, this is your option. Lawtter Solutions will make the process as simple and understandable as possible. Focus on your business, not the paperwork.
Private Limited Company
For those who see the bigger picture. Set up a company with the potential for attracting investment and minimizing risk. With us, your assets are protected.
Partnership
Strength in unity. This is ideal for joint ventures with partners. We know how to make your partnership legally sound.
Public Limited Company
Scale without boundaries. Opt for this format if you’re planning an IPO or have already been long-established in the market. Lawtter Solutions will assist you in navigating all legislative nuances.
Nonprofit Organization
Make the world a better place without unnecessary obstacles. If your mission extends beyond commercial gain, we will make the legal aspects simpler and more understandable.
Lawtter Solutions is your dependable ally in the Singapore business landscape. We offer comprehensive legal services to incorporate and sustain any form of company.
Prerequisites for Company Incorporation in Singapore
We urge you to thoroughly assess all avenues for business expansion. Herein, we detail the prerequisites for company incorporation in Singapore:
Director
Only one director is required, who must either be a resident of Singapore or hold a work visa except for individuals on sanction list. The minimum age is 18, providing ample opportunity for young and ambitious entrepreneurs.
Shareholders
Citizens of any country can become shareholders, except for individuals on sanction lists. At least one shareholder must be over 18 — your opportunities are limitless.
Address
The company must have a Singaporean address, adding prestige and convenience to your business.
Name
One of the first steps you’ll need to take is to register a company name in Singapore, ensuring it is unique and adheres to the nation’s naming guidelines. For limited liability companies, include “Limited” or “Ltd” in the name; for private companies, the prefix “Private” or “Pte” is required.
Authorized Capital
The minimum registered capital is just one Singapore dollar, with no nominal share value.
Bank Account
Opening a local bank account is optional, the choice is yours.
Registration Agent
You don’t have to worry about finding a registration agent but do note the requirement for a local secretary.
Reporting
Timely preparation and submission of reports are mandatory.
With Lawtter Solutions, the company incorporation process in Singapore becomes a simplified and uncomplicated endeavor. Our highest priority is to offer steadfast support through every step of your Singaporean business journey.
Tax Regime in Singapore
In Singapore, the territorial principle of taxation applies. This means that your taxable income is only that which has been earned within the country’s borders. Income earned outside of Singapore and not remitted into the country remains tax-free. This is ideal for companies engaged in international activities.
Low Tax Rates: The Key to Your Success
The corporate tax rate is a mere 17%, one of the lowest rates in the world. This not only boosts your profit but also makes Singapore an attractive place for investment.
The Goods and Services Tax (GST) is just 7%, another reason why your business will thrive. This low GST rate helps maintain competitive pricing and increases turnover.
Dividends: Your Profit Stays with You
In Singapore, dividends from local companies are not subject to tax. This means all your dividend payouts remain entirely at your discretion. The absence of dividend tax serves as a massive incentive for long-term investments and the growth of the company.
Financial Reporting in Singapore
Registering a new company in Singapore offers not just opportunities but also responsibilities. One of the key tasks is the timely and accurate submission of financial reports. With Lawtter Solutions, you can forget about fines and late fees — your financial reporting will be impeccable.
A Stress-Free First Financial Period
Our team of experts will assist you with your reporting requirements from the get-go. Your first financial period will not exceed 18 months, and we’ll ensure that all required documents are prepared and submitted on time. long-term investments and the growth of the company.
Annual Reports on Schedule
Unsure how to submit your annual financial reports within six months of the end of the fiscal year? Leave it to us. With Lawtter Solutions, deadlines are not a problem.
Hassle-Free Audits
If your company meets at least two of the following criteria — revenue or assets below SGD 10 million or fewer than 50 employees — we’ll ensure that your audit is conducted skillfully and without unnecessary complications.
Adherence to Tax Deadlines
The deadline for submitting tax declarations is November 30th each year, a date we never miss.
Transparency and Control
Your financial reports will be available 24/7 through our secure and convenient online platform.
Registration
companies
companies
The Process of Company Incorporation in Singapore
Comprehensive Verification
Our team of experts will conduct full Due Diligence and Know Your Customer (KYC) checks for your company and all its stakeholders. We guarantee strict adherence to all regulations and laws.
Unique and Available Name
We'll ensure that your chosen company name is unique and available for registration in the Singapore Companies Registry.
Impeccable Document Preparation
From registration forms to requisite documents, we handle it all. We'll execute every required step for successful filing in the Registry.
Timely Submission
We'll represent your company in the Singapore Companies Registry, ensuring quick and efficient registration.
Customized Corporate Bylaws
We'll prepare all corporate governing documents in accordance with your unique structure and needs.
What do we need from you?
- Proof of Identity: Provide copies of either your foreign or national passport.
- Additional ID Verification: Optionally, a copy of a national passport or driver’s license.
- Address Confirmation: A utility bill no older than three months or a bank statement. Note: Mobile phone bills are not accepted.
- Your Resume (CV): For a complete understanding of your business background.
The cost shouldn’t obstruct the successful registration of your business in Singapore. At Lawtter Solutions, we provide high-quality legal services customized to your unique business needs. Collaborating with Lawtter Solutions remotely offers you convenience and flexibility in the company incorporation process. Our team provides comprehensive consultation to ensure you feel confident at each stage of the process. Your task is to provide the documents; our mission is to ensure quick and efficient company registration. With the convenience of modern technology, you can register a company in Singapore online, eliminating the need for time-consuming paperwork and in-person meetings. Stop dreaming about your business in Singapore and begin building it with Lawtter Solutions.
Вопрос — ответ
FAQ
Lawtter Solutions provides a comprehensive range of services to facilitate your company registration in Singapore. From initial consultations to determine the most suitable business structure for your needs, to preparing and filing all necessary paperwork, and even post-incorporation services like accounting and secretarial tasks, we’re here to guide you at every step. Our focus is on making the process as seamless and efficient as possible for you.
Ensuring compliance with local laws and regulations can be complex, especially if you are new to the Singapore business environment. Lawtter Solutions offers a dedicated corporate compliance service that keeps track of all statutory obligations, including annual returns and financial statement preparations, to ensure that your company remains in good standing with authorities. Our expertise in this area can help you focus more on growing your business rather than navigating legal intricacies.
Absolutely, Lawtter Solutions has extensive experience in assisting foreign companies set up subsidiaries, branch offices, or even a representative office in Singapore. We can guide you through the nuances of foreign ownership, local regulations, and any industry-specific licensing requirements. Our goal is to make your expansion into Singapore as straightforward as possible.
Yes, Lawtter Solutions provides a full suite of accounting and financial management services tailored to your business needs. This includes bookkeeping, financial statement preparation, and audit assistance. We also offer strategic financial advisory services to help you optimize your cash flow, investments, and other financial operations, enabling you to make informed decisions for your company’s growth.
Data security and client confidentiality are of paramount importance to us at Lawtter Solutions. We employ state-of-the-art encryption technologies and adhere to stringent data protection protocols to ensure that your sensitive information remains secure. Access to client data is strictly controlled and limited to authorized personnel only. Rest assured, your confidential information is safe in our hands.
We aim to offer flexible payment options to accommodate the diverse needs of our clients. At Lawtter Solutions, you can pay for services via bank transfer, credit card, or even through digital payment platforms. We also offer various payment plans and packages, so you can choose a pricing structure that best aligns with your company’s budget and needs.