Commence your business in few hours

A step by step help is available from our team of dedicated professionals guiding you to complete registering your Company. Engaging a specialist like AccountIT in Singapore comes with value added services like an attached local company secretary and a local registered address that aids successful business registration within a few hours.

Why start a company in Singapore?

  • Singapore is rated as #1 in Ease of Doing Business, Trading across Borders, and Enforcing Contracts according to World Bank.
  • Singapore is ranked #1 in the Global Enabling Trade Report.
  • Singapore is ranked #3 for most competitive country in the world.
  • Singapore is ranked #1 in the world to have the best protection of intellectual property.

Some Information on Company Incorporation:

  • Minimum 1 Singapore resident director
  • Minimum 1 shareholder – individual or corporation
  • Maximum 20 shareholders for exempt private company
  • Maximum 50 shareholders for private company
  • Minimum 1 Singapore resident company secretary
  • Minimum S$1 Paid Up Capital
  • Must have a Singapore registered address
  • Foreigner or Foreign corporate has to engage professional secretarial firm
  • 17% Corporate tax rate on taxable profits for first SGD 300,000 with 50% rebate
  • 17% Corporate tax rate on taxable profits above SGD 300,000
  • 0% Corporate tax rate on capital gained by the company
  • 0% Corporate tax rate on dividend paid to shareholders
  • 0% Corporate tax rate on foreign-sourced income which is not brought into Singapore

Requirements on Company Incorporation :

  • Name of the company
  • Business activities of the company
  • Shareholders’ particulars, contact details and copy of NRIC / Passport
  • Directors’ particulars, contact details and copy of NRIC / Passport
  • Registered address particulars
  • Company Secretary particulars
  • Amount of Share capital

Steps to Company Incorporation:

  • Company name application
  • Approval of company name from ACRA
  • Submit incorporation documents to ACRA
  • Approval of company incorporation

Company Incorporation package

$700

(Local Resident)

  • Business advice on incorporation
  • Government Registration Fee (worth $315)
  • Memorandum & Articles of Association
  • Business Registration Profile

Company Incorporation package

$1000

(Non Local Resident)

  • Business advice on incorporation
  • Government Registration Fee (worth $315)
  • Memorandum & Articles of Association
  • Business Registration Profile

Terms and Conditions

  • The full amount to incorporate a Private Limited Company in Singapore must be paid by the client before the commencement of Service. The incorporation fees can be paid in hard currency CASH to any officer of AccountIT Consultant Pte. Ltd. or via PayPal directly.
  • This application is merely for the purpose of company name reservation. To complete the incorporation, the client must submit all verified documents as requested by AccountIT Consultant Pte.Ltd and also well execute all documents required for the purpose of incorporation.
  • The time taken for approval of Company Name and Incorporation of the Company may vary as it is subjected to the approval and clearance by ACRA. Occasional delay may result due to the raise of technical issues.
  • Reservation of Company Name will expire after the time frame allowed by ACRA. Usually 60 Days upon date of approval.
  • If for any reason, the incorporation is not executed within a period of 60 days from the date of this service agreement, the process of the incorporation will be terminated and the amount of S$ 200 will be retained from money received as our administrative fee.
  • Termination: If for any reason, the client chooses not to further engage AccountIT Consultant Pte. Ltd. services; or if the clients do not wish to complete all the necessary procedures, AccountIT Consultant Pte.Ltd. It reserves the rights to terminate the service without notice, and an amount of S$ 200 will be retained from the money received as our administrative fee.
  • The Liability of AccountIT Consultant Pte. Ltd. in any event shall NOT EXCEED $800 Singapore Dollars. If there is any changes to the above information after the documents have been prepared, it will be subjected to additional processing charges of $50.00 each time.

What to know more?

Contact us now for a FREE consultation

Your Name (required)

Your Email (required)

Mobile

Your Message