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Singapore is a free economic system,Blockchain technology has received attention and development

Financial card care question

Singapore is a free economic system,Blockchain technology has received attention for development. Singapore is a beautiful city-state.,With world-class ports and international airports,Equipped with complete communication and free economic system。Today, Singapore is truly a world financial and trade center.。More and more entrepreneurs around the world,Companies or commercial institutions have been established in Singapore one after another.(office)wait,As the Asia-Pacific regional business management center,Conveniently explore the Asian market。

With the signing of the new U.S. free trade agreement,Singapore-US bilateral trade flows freely without tariffs,This gives Asian countries a very favorable opportunity for exporting U.S. goods.。Singapore will become a veritable trade transit point in Asia。Set up your own company in Singapore,Reduce export tariff costs,This will be something businesses must consider。

Singapore is attached below

Registration process

and material one、Company name Singapore company must be an English name,And the company name must end in English Ltd or Pte。two、Registered Capital The Singapore Company Law stipulates that the minimum registered capital for establishing a company is S$100,000.,Paid-up capital starts from S$2。Shareholders may decide to increase registered capital and paid-up capital at any time,Just fill in the form and pay at the registration office

cost

That’s it。

Registered capital represents the limit of capital that a company can issue to shareholders.,The company can issue shares within this limit,and

Require

Shareholders pay one or more times for the shares they subscribed for。The subscribed and fully paid shares are the company’s paid-up capital.。

three、The conditions for establishing a Singapore company are at least two promoters or directors (legal persons or natural persons),One of them must be a Singapore permanent resident or employment pass holder);Every Singapore company must set up a registered office there,The registered office must be a physical address,not a P.O. Box;Each private limited company must appoint a local company secretary (the sole director of the company cannot serve as company secretary)。

Four、Registered address and legal secretary. Each company must have an address in Singapore as its registered address.。Every company must appoint a company secretary。The company secretary must be a local resident,and must be a member of ACIS,Member of the Singapore Secretaries Association。

five、Apply for a power of attorney for the procedure → sign the agreement → pay the deposit → go to various government departments to complete the procedures → complete the process in about 30 working days → deliver the balance → the director personally signs the legal documents → return the legal documents to ATA and submit them to the government for filing。six、Service content Registered address and registered agent in the first year

cost

Service content:Company registration certificate、One steel seal and one signature each、A set of Singapore company registration documents、company stock、A set of memorandum and articles of organization(Charter M&A)。


About Hong Kong Xintong

Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong Kong MSO Licenseandmoneylenders licenseApply for service,Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico,Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services,Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more,Please contactHong Kong Information Communications Consultant

Editing of articles in this issue:

Picture of Li Yunqing

Li Yunqing

Li Yunqing once served as a senior account manager for a licensed corporate service provider (CSP) in Singapore,Register with ACRA Company、Directors and Shareholders Declaration、Rich practical experience in equity structure establishment and tax declaration。She is familiar with Singapore business registration regulations、Annual filing and beneficial ownership disclosure requirements,and prepare for company compliance audits、Business record keeping regulations are very familiar。She has helped multiple multinational technology and fintech companies complete Singapore entity registration and ongoing compliance management.。

Areas of expertise:ACRA registration、Establishment of equity structure、tax declaration、business registration regulations、Beneficial Ownership Disclosure。

Previous institutions:Licensed CSP in Singapore & Corporate service organization

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