A company is a legal entity. The owners of the company are called shareholders, who can appoint directors to manage the company. In Singapore, there are two main types of companies—public companies and private companies. Public companies are listed on the Singapore Exchange (SGX) and typically have more than 50 members. Private companies are not listed on the SGX and have a member limit of 50.

A Private Limited Company is the most common business entity in Singapore. It offers numerous benefits such as the ability to obtain loans and limited liability for shareholders.

Move2SG can expedite the registration process. Normally, it takes 5 working days to register a company, but with expedited service, it can be completed within 3 working days.

No, you do not need to be in Singapore. Clients only need to provide the necessary information online, and Move2SG will handle the rest.

The corporate tax rate in Singapore is 17%. Singapore-registered companies enjoy very attractive tax exemptions and incentives.

Yes, foreigners can establish a company in Singapore and can manage it from overseas without relocating. However, if they plan to move to Singapore, they will need to apply for an Employment Pass (EP), EntrePass, or Tech.Pass. Move2SG can handle the application process.

Every Singapore company must have at least one director who is a Singapore citizen, permanent resident, or an Employment Pass holder. Foreign directors can be appointed alongside local directors.

You can use Move2SG’s nominee director service to meet this requirement. Most foreigners who set up companies in Singapore without relocating use this service.

Yes, once you obtain a valid work pass, you can appoint yourself as the local resident director of the company.

The Employment Pass is generally valid for 2 years.

Yes, a company can be established by one person, who can be both the shareholder and the director. However, a different individual must be appointed as the company secretary, and this person must be a Singapore resident (citizen or permanent resident).

A subsidiary is simply another locally incorporated company with a corporate shareholder. The legal requirements for registering a company in Singapore are the same. The requirements include:

• Appointing a qualified local company secretary.

• Providing a local address as the registered office.

• Appointing a local resident director.

• Having a minimum share capital of SGD 1.

The government expects all companies to comply with the regulations. Non-compliance can result in severe penalties. Contact Move2SG for more information.

Not necessarily. If your revenue for the past 12 months (or the projected revenue for the next 12 months) exceeds SGD 1 million, you need to register for GST. Move2SG can handle the GST registration process. Contact Move2SG for more information.

Certain industries require licenses before commencing operations, such as the food and beverage industry, financial services, employment agencies, and travel agencies. Contact Move2SG for more information.

Certain industries require licenses before commencing operations, such as the food and beverage industry, financial services, employment agencies, and travel agencies. Contact Move2SG for more information.