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.
Services
Cost of service
Term of registration in the registry
Income tax
Company registration type
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:
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.
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.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
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
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
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
The Process of Company Incorporation in Singapore
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.
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Important: Lawtter Solutions does not provide services to citizens and residents of the Russian Federation.