How Long It Takes to Register a Company in Singapore

You can register your company in Singapore within one day. However, if your application is sent to other government agencies for approval according to the list of referral agencies, it may take 14 to 2 months. However, the registrar may refuse to register the proposed company under company law if the proposed company:

·       Use for illegal purposes;

·       Singapore's prejudice through public peace, welfare or good command

·       Conflicting/harmful to the National Security

Such decision may be appealed to the Minister within 30 days from the date of the final decision of the Registrar.

Types of Business Structure Available in Singapore

Five business structures can be registered

·       Sole proprietorship

·       Partnership

·       Company

·       Limited liability partnership

·       Limited partnership

Singapore's political stability, pro-business policies and extreme tax benefits are three of the reasons why companies around the world wants to register business in Singapore. Singapore law does not allow foreigners to register their company by their self. As a foreigner to register a Singapore company, you must hire a professional secretariat. We guarantee your establishment of a fast and successful corporation.

Key Facts About Company Establishment:

·       You can enjoy these financial benefits.

·       Company profits are at zero tax rate, first SGD 100,000

·       8.5% tax rate on company profits, next SGD 200,000

·       SGD applies a tax rate of 17% for over $ 300 in company profits.

·       The Company does not apply tax rates on capital finance.

·       Tax rate on dividends paid to shareholders

·       At least one resident of Singapore

·       At least one shareholder - an individual or a corporation

·       One or more residents of Singapore

·       Minimum paid coupon S$-1

·       It must be a Singapore registered address.

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