Sopela Business Market

Top Menu

  • Home
  • Mail us

Main Menu

  • Home
  • Advertising
  • Business
  • Corporate
  • Entrepreneurs
  • Industry
  • Marketing
  • Media
Sign in / Join

Login

Welcome! Login in to your account
Lost your password?

Lost Password

Back to login

logo

Sopela Business Market

  • Home
  • Advertising
  • Business
  • Corporate
  • Entrepreneurs
  • Industry
  • Marketing
  • Media
  • How to be a Hospitality Industry Training Teacher

  • We Have To Bring Industry To The U . s . States

  • Envisioning the way forward for the Mining Industry

  • Technological Advancements within the Automobile Industry of america

  • Ruggedized Computers for Multiple Industry Needs

Business
Home›Business›How A Foreign Investor Can Start A Company In Singapore?

How A Foreign Investor Can Start A Company In Singapore?

By Flavio Otis
December 14, 2020
580
0
Share:

It is pretty easy to register a company in Singapore especially for foreign investors who need knowledge, information, and assistance for setting up a company and register it with the Singapore government. Singapore has been the most preferred investment destination for several foreign nationals because the processes and formalities are simple. Moreover, the government offers several taxes and other benefits of investing in the country. So if you are planning to invest in a country where you could gain excellent ROI, then Singapore should be our first choice.

How to Register A Company In Singapore?

The process and authorities are somewhat similar for both foreign investors as well as local Singaporean investors. Those foreigners who get company register in Singapore own its 100% shareholding without facing any difficulties. If you are over the age of 18 years, you are eligible to start a company in Singapore given that you have not been convicted of any legal offense or insolvency. Apart from Singapore residents, Permanent Residents (PR), and holders of Employment Pass, EntrePass, Dependents Pass, can also register a company and become its shareholders. The only thing is you have to be present physically in Singapore at the time of company Set Up.

What Are The Key Requirements For Foreigners To Set Up A New Business In Singapore?

The first and foremost thing that you need to do is to decide shareholders. You can choose local resident to act as the resident director and registering their company by yourself on the BizFile+ portal. The shareholders of the company must pass a resolution, should be over 18 years of age and of full legal capacity. An individual with undischarged bankruptcy cannot take this position.

However, foreign investors must:

  • Appoint a local director.
  • Engage someone to register their company, as they cannot themselves register their company in Singapore.

Choices in Appointing Local Director

  • Option 1: Hire a Singaporean, Permanent Resident, or EntrePass holder as a local director.
  • Option 2: Employ a nominee director for your new establishment.
  • Option 3: Create a firm by first applying & acquiring EntrePass.

Registering a Singapore Company for Foreign Investors

There is a need to accomplish 2 procedures to set up a Singapore company.

Selecting an accurate business structure is crucial to effective company registration in Singapore. It can affect your business taxation.

A foreign investor can register the following businesses in Singapore:

  • Private Limited Company
  • Sole Proprietorship
  • Limited Liability Partnership

In Singapore, registration of a foreign company is offered with great opportunities especially for SMEs from all over the globe. Depending on their business objectives, they can choose to create a:

  • Subsidiary Company
  • Branch Office
  • Representative Office

To know more about how Singapore has simplified its rules to make it easy for foreign investors to set up a business in Singapore, you should take the help of a company registration services providing company that can make you aware of the facts and resolves all your doubts regarding the same.

These firms also advise their clients on the type of company they should register depending upon their purpose. Choosing the accurate business assembly for company registration in Singapore is vital and can affect the taxation of the new business entity.

Previous Article

Storage Rack In Singapore Considerations For Buyers

Next Article

How Advertising is a vital Marketing Feature

Share:

Related articles More from author

  • Business

    4 Reasons To Hire Professional Birmingham Tax Accountants

    June 26, 2021
    By Flavio Otis
  • Business

    Tactile Paving Patterns and Their Importance.

    July 21, 2021
    By Flavio Otis
  • Business

    Building Business Partnerships – 5 Best To Do’s

    November 16, 2020
    By Flavio Otis
  • Business

    Know about Share Market of India

    July 1, 2020
    By Flavio Otis
  • Business

    10 Questions to Ask at Your Next Job Interview

    December 14, 2021
    By Flavio Otis
  • Business

    What to Wear to a Job Interview

    September 27, 2020
    By Flavio Otis

Comments are closed.

  • Business

    How To Become A Successful Investor: Check Out The Tips For You To Understand

  • Business

    Marketing Your Business In Thailand Correctly

  • Business

    Business Management Methods

  • Recent

  • Popular

  • Comments

  • 6 Steps for Hiring the Right People to Build an Effective Team

    By Flavio Otis
    May 24, 2022
  • Where To Find Studio Apartments In Dubai?

    By Flavio Otis
    May 23, 2022
  • A Cool Way to Improve You Business Ideas: What to Know Before Starting a Business

    By Flavio Otis
    March 22, 2022
  • The Many Benefits of Capital Market Digitalization

    By Flavio Otis
    March 13, 2022
  • Cultivate a Better Business With Steph Korey: Value and Importance of Curiosity

    By Flavio Otis
    March 11, 2022
  • 6 Steps for Hiring the Right People to Build an Effective Team

    By Flavio Otis
    May 24, 2022
  • 5 Affordable Marketing Tactics That Actually Work With Smaller sized Budgets

    By Flavio Otis
    October 16, 2019
  • Marketing for Professionals

    By Flavio Otis
    October 16, 2019
  • What Drives Entrepreneurs to produce Something From Nothing?

    By Flavio Otis
    October 20, 2019
  • The advantages of Learning What Effective Entrepreneurs Do

    By Flavio Otis
    October 21, 2019
  • Business

    6 Steps for Hiring the Right People to Build an Effective Team

  • Business

    Where To Find Studio Apartments In Dubai?

  • Business

    A Cool Way to Improve You Business Ideas: What to Know Before Starting a Business

  • Business

    The Many Benefits of Capital Market Digitalization

  • Business

    Cultivate a Better Business With Steph Korey: Value and Importance of Curiosity

Recent Posts

  • 6 Steps for Hiring the Right People to Build an Effective Team May 24, 2022
  • Where To Find Studio Apartments In Dubai? May 23, 2022
  • A Cool Way to Improve You Business Ideas: What to Know Before Starting a Business March 22, 2022
  • The Many Benefits of Capital Market Digitalization March 13, 2022
  • Cultivate a Better Business With Steph Korey: Value and Importance of Curiosity March 11, 2022
  • Building a solid mindset for successful options trading in the Middle East March 2, 2022
  • Boost Your Hiring Process for Scaling Your Business February 28, 2022

Archives

  • May 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • Mail us
Copyright 2020 Sopela Business Market - All rights reserved.