Incorporation Services Faqs
Does an owner need to visit Singapore to incorporate a company?
Do I need to visit Singapore to open a bank account?
How long does it will take to incorporate a company in Singapore?
Will you keep us posted about all the compliance matters or annual filling matters in future?
Will AccountingService.com.sg assist us with taxation and accounting & book-keeping services?
Will there be a contact person from AccountingService.com.sg to assist us?
How much minimum share capital is needed to incorporate a company in Singapore?
What are the responsibilities of a local nominee director provided by AccountingService.com.sg?
It is required for each company to have at least one local resident director. AccountingService.com.sg provides services of a local resident director to the newly incorporated companies.
The nominee director provided by AccountingService.com.sg is just a place holder and is there for the purpose of statutory compliance. This individual won’t take any part in any managerial, operational or financial matters of your company.
What are the responsibilities of a company secretary?
It is a must for a newly incorporated company to appoint a company secretary within six months of its incorporation. Company secretary is the one who informs company’s directors and the management about the statutory compliance matters.
This qualified professional maintains statutory registers, issues notice for meeting to members / directors, keep track of all the statutory due dates and communicates them to members / directors for compliance matters. This professional also has the custody of company seal.
If we want to replace local nominee director, what would be the procedure and how long it will take?
Can a foreign entity be 100% shareholder of a Singapore registered company?
Can a Singapore company hire foreign employees?
Are there any post-incorporation issues that we must attend to before starting our business activities?
- Open a corporate bank account
- Apply for approvals and licenses if your business needs them.
- Apply for work visas if you are hiring foreign employees.
- For your local employees, pay CPF.
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Incorporation Resources
- Singapore Company Registration
- Company Registration for Singapore Residents
- Singapore Private Limited Company Registration
- Singapore Limited Liability Partnership (LLP) Registration
- Singapore Sole Proprietorship Registration
- Foreign Company Registration Options in Singapore
- Singapore Subsidiary Registration
- Branch Office Registration
- Singapore Representative Office Registration