Why Incorporate a Company in Singapore?
Incorporating a company in Singapore offers numerous benefits, including access to a business-friendly environment, strategic location for international trade, highly developed infrastructure, skilled and educated workforce and attractive tax incentives and exemptions.
Our Company Incorporation Services for Foreigners
At Imperial Corporate Services, we offer comprehensive services to help foreigners incorporate a company in Singapore. Our services include:
1. Meet the official requirements
Corporate Secretary: As required by the Singapore law, each company must have a Secretary, who is certified to manage state compliances of a company. These include:
Filing annual returns and resolutions
Processing dividends distribution
Preparing Annual General Meetings (AGM)
Nominee Director
It’s a legal practice to engage a Nominee Director who is Singaporean. They will share legal responsibility for your documents should there be any discrepancies. However, they aren’t allowed to make any business decisions.
Registered Address
All Singaporean companies must have a registered local address documented on all legal documents. You can register your working address at our office space by working with Imperial Corporate Services to incorporate your business.
2. Register your company
Foreigners are required to go through a certified agency to file for incorporation. We gather all relevant documents online, collate them, and send you an application to be signed electronically.
3. Open a Singapore bank account
For you to open an account remotely and online, we partner with Singapore banks and payment services that can help you do so. We present your case but cannot guarantee you getting an account. The decision always lies with the banks.
4. Establish the accounting routine
You will be required to submit several tax reports in a year. Our Chartered Accountant will gather your documents, prepare reports, and file them in an organised manner. We also proactively advise on exemptions to make your tax-paying process smart.