How To Form A Singapore Shelf Company

By Author: Diane Paz
Total Articles: 172
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One of the services offered by business specialists in Singapore is Singapore Shelf Company integrated in the place for the clients with certain requests. These shelf companies possess essential requirements and can be easily purchased for quick operation.

A Singapore Shelf Company is already an incorporated company and is ready for the use of the beneficial owner. Usually the Singapore shelf companies are incorporated as Singapore LLC. It is a readymade incorporated company with the paid up capital of S$1.00.and has local registered address and local director, secretary and shareholder.

As soon as you buy the Singapore shelf company the shares will be transferred to your name and you will receive all the necessary incorporation documents such as: Memorandum and Article of Association, certificate of incorporation, share certificate, Director and Secretary Certificate, Certificate of registered address. You can always change the secretary of the Singapore shelf company; you can even change the name of the shelf company or retain it. It is completely up to you.

If you would like to know the characteristics ...
... as well as the outline of a Singapore Shelf Company, here are some of them for you to know:

1. It should be included as the Private Limited Company in Singapore.
2. It has single shareholder with sole share.
3. There is a paid-up asset of only S$1.
4. A registered address in Singapore.
5. It also gives out as the business secretary and serves as the local director today.
If you are thinking about the supplies required for the shelf company, simply point these out:
1. Information for the new shareholder
2. Appointments of a new manager upon your request or the Engagement of the Directory of Nominee service.
Moreover, there are services being involved with procure of the shelf company. Here are some of them:
1. Transfer of the business share.
2. Support in terms of opening a financial credit (Account) In Singapore. If it is needed, there will be some provisions of the significant documents, certificate of incorporation, Certificate of Incumbency, as well as the Articles of Association. There could even be the Share Certificate and Certificate of Memorandum.
3. Annual service for a registered address
4. Local Candidate Director Service for one year
In purchasing a Singapore shelf company, there is no need for worry as there are no risks involved.
All shelf companies in Singapore are not involved in business activities; therefore don’t have any assets or liabilities.

Depending on your business, you may choose to incorporate a new company in Singapore or you may acquire the Singapore shelf company. Most people prefer to acquire a shelf company because the incorporation time of Singapore company is very short. If you are present in Singapore, it will take you one day to incorporate new company; if you are abroad then it will take 3-4 days which is also very short period of time. However, if you do not want to wait for the period for incorporating a new company, you may choose to set up a Singapore shelf company.

Anybody, who is looking for one stop solution to all informational needs related to offshore and shelf companies in Singapore, can visit our website for assistance.

Resource Box:

Asiabizservices is the leading Singapore Branch Office Registration Services Specialists. It has successfully helped thousands of foreign entrepreneurs manage their Singapore company name check. Our office is located at Raffles Place, in the heart of the Singapore business district (“CBD”). One of our invaluable services is to provide Singapore work pass and Singapore visa types for clients with specific requests. Each of these shelf companies meets all the necessary requirements and can be purchase for immediate operation. If you’re in our neighborhood and want to discuss any aspect of our service then feel free to come in to our offices during business hours.

Our phones are answered during business hours by specialists and not by
an answering machine. We appreciate the value of your time and understand that a person cannot be replaced by technology. This is especially true when it comes to making important business decisions. If you are interested in learning more about Asiabizservices kindly email us at sales@asiabizservices.com or give us a call at +6563034614.