Singapore Company Registration Services Available At Rikvin

By Author: Robert Sparks
Total Articles: 68
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The globalization, continued innovation and growing economy of Singapore increased the numbers of investors and entrepreneurs who are willing to setup a Singapore company. With this, Rikvin provided services that will cater needs for Singapore company registration as well as Singapore company formation.

This article provides you information needed as you establish a Singapore company.

Basic Requirements for Singapore company registration:
• Minimum 1 Shareholder + 1 Resident Director + 1 Company Secretary
• Minimum initial paid-up share capital is S$1
• Singapore Company must have a Singapore registered office address

Pre-incorporation Requirements:
• Company Name: The company name must be approved by ACRA before the Singapore Company can be incorporated.
• Shareholders: A minimum of at least one corporate or individual shareholding is required
• Resident Directors: Singapore Private Limited Company must have at least one director who must be an "ordinarily" resident in Singapore, which means a Singapore citizen, a Singapore permanent resident ...
... or a person who holds an Employment Pass/Entrepass or a Dependants' Pass with a residential address in Singapore.
• Company Secretary: The company secretary must be a natural person who is an "ordinarily" resident in Singapore. Singapore Companies Act requires companies to each appoint a company secretary within six month of incorporation.
• Share Capital/Paid-up Capital: The minimum paid-up capital for registration of a Singapore company is S$1 or its equivalent in any currencies
• Registered Address: Every company registered in Singapore is required to have a registered office address. The registered address must be a physical address and cannot be a PO Box. Use of residential address is allowed for certain types of business.
• Memorandum and Articles of Association: Memorandum and Articles of Association must be lodged with ACRA. Memorandum specifies the activities in which the company may engage whereas the Articles of Association specifies the rules governing the internal management of the company.

Finally, be reminded of the following considerations for foreigners who would wish to incorporate a Singapore company.
• Singapore Companies Act does not allow foreign individuals or entities to self-register a company. You can engage Rikvin, Singapore’s leading Singapore company registration specialist, to set up your company.
• Appoint a Singapore resident to be the director of the company. A Singapore resident can be a Singapore citizen, permanent resident or holder of an EP or EntrePass. In the event that you are unable to appoint a Singapore resident director, Rikvin can provide you with one through our Nominee Director service. The service can be temporary or long term depending on your needs.
• Provide a Singapore address as the registered address for the company. Alternatively, you can also engage a Registered Address service through Rikvin.

Rikvin provides a full spectrum of corporate services under one roof for Singapore company registration or assistance to form a singapore company, accounting, tax, work pass and related compliance services for individuals and companies worldwide.