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Benefits and advantages of Singapore Digital Exchange

Financial card care question

The benefits and benefits of Singapore Digital Exchange

Advantages

Enterprises want to register a blockchain company in Singapore、Digital asset trading company、How to register a foundation company,The following is a set of requirements and benefits summarized by Hetai Enterprises for handling various types of companies in Singapore through daily work experience.,If necessary please:a27242498注册新加坡公司好处

  1. Get subsidies from the Singapore government
  2. Increase company brand awareness
  3. Tax rate concessions
  4. Enterprises convert domestic trade into foreign trade and receive more tax exemptions
  5. avoid trade barriers
  6. Move to Singapore and register a Singapore company

cost

Basic service

cost

:1、Basic package (including arranging Singapore directors

cost

)1) Registration service:Government registration;Articles of Association,Directors’ Statement/Shareholders’ Resolution;Issuing company share documents 2) Custody and maintenance services (first year):1Annual registered address;1Year Legal Secretary;1Director of Xinfang;Open an account in Singapore,Free escort for the first time。

If the director and shareholder are Taiwanese or foreigners,Shareholders are corporate legal persons,And our company needs to provide new directors,You need to confirm the price separately if the registered capital exceeds the standard 10,000 Singapore dollars,Moreover, our company provides the new director’s,Need to confirm the price separately。

  1. That's all

cost

Does not include accounting

cost

,Since it is necessary to make accounts before submitting the annual report and updating the registration information,Make accounts

cost

It depends on the complexity of the accounts. Materials for registering a company in Singapore

  1. Company Name:Singapore company name must be in English,Registration of Chinese names is currently not accepted;
  2. Registered address:Singapore companies must provide a local registered address in Singapore,If the registered address changes,Must notify the Accounting and Corporate Regulatory Authority of Singapore within 14 days;
  3. Business scope:Singapore companies can choose up to 2 business projects;
  4. Registered capital:The minimum registered capital of a Singapore company starts from SGD 1,There is no upper limit to the maximum。

Singapore companies usually have no strict time limit for paying up their registered capital.,No stamp duty is levied。

The registered capital can be Singapore dollars,It can also be other commonly used foreign currencies.;

  1. First financial year end date:The first financial year of a Singapore company cannot exceed 18 months;
  2. Shareholder ID card(or passport)a copy、Shareholding ratio and director’s ID card(or passport)a copy;
  3. company legal secretary:Any company within 6 months of its establishment,A company secretary must be appointed。

Conditions for registering a company in Singapore

  1. As long as you are a legal citizen over 18 years old,Anyone can apply to establish a Singapore private limited liability company。
  2. There are no restrictions on the shareholder composition of a Singapore Private Limited Company,It can even be all non-Singaporeans。
  3. The board of directors of a Singapore Private Limited Company may consist of one or more directors,But it must include at least one local director [local director refers to a Singapore citizen [SingaporeCitizen],Singapore permanent residents [SingaporeP.R.] or foreign entrepreneurs holding Singapore Entrepreneurship Pass [Entrepass]]。

Introduction to Singapore Singapore is a multicultural country of immigrants,Promoting racial harmony is the core policy of the government in governing the country,Singapore has a stable political situation、Known for its clean and efficient government, it is one of the most international countries in the world.。Singapore is a developed country in Asia,Known as one of the "Four Asian Tigers",Its economic model is called "state capitalism"。

According to the 2014 Global Financial Centers Index (GFCI) ranking report,Singapore follows New York、London、The fourth largest international financial center after Hong Kong,It is also one of the important service and shipping centers in Asia.。

Singapore is a member of the Association of Southeast Asian Nations (ASEAN),Also the World Trade Organization (WTO)、One of the member economies of the Commonwealth and the Asia-Pacific Economic Cooperation (APEC)。


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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