Can Chinese people register a Singapore company?

Can Chinese people register a company in Singapore? Speaking of registering a company in Singapore，Many customers have a question，How do Chinese register a Singapore company? What to do when applying for a company in Singapore

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Woolen cloth? Let’s follow Shenzhen Yaxin Consulting to learn about these issues.： What are the benefits of registering a company in Singapore?

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1. Flexible operating model Establish a Singapore company，Can run business locally，Can also be used to operate offshore businesses。
2. Excellent company reputation. The Singapore government has a strict registration and approval system for registering Singapore companies.，and requires at least one local director in Singapore as a guarantee，There are also corresponding strict systems for subsequent company maintenance.，This measure ensures that Singapore companies enjoy an excellent corporate reputation。
3. Legally avoid onerous corporate taxes. Singapore companies only need to file corporate income tax returns once a year.，tax based on profits，The tax rate is only 17%(Can enjoy partial exemption);and the Singapore Economic Development Board、international enterprise development bureau、Tourism bureau、and tax bureaus and other government departments have provided a number of tax incentives and relief measures。
4. Advanced financial system Singapore has no controls on foreign exchange and the repatriation of company capital and profits from the local area.，therefore，The depth and liquidity of capital markets make it easier for companies to raise funds。
5. Open Economic Policies Singapore companies can benefit from open policies encouraged by the government，therefore，International traders can buy and sell goods freely，Less trade protectionist measures and barriers;The Singaporean government has signed free trade agreements with many countries(FTAs)and investment protection agreement，include：China、Japan、South Korea、USA、India and 10 ASEAN countries, etc.。
6. Global Business Hub Singapore is located on the Straits of Malacca，Make it a world-class sea, land and air transportation hub;Companies based in Singapore can take advantage of the sea、land、Empty integrated infrastructure connects the world，Deliver goods and services to anywhere in the world。
7. Possibility of listing and financing Singapore companies can be listed on the Singapore Exchange，thereby raising funds in international capital markets。For example：China Aviation Oil and China COSCO Investment。
8. Possibility of immigrating to Singapore to actually operate and pay taxes locally through a Singapore company，Company shareholders will be given the opportunity to immigrate their families to Singapore，Realize dual benefits from doing business and immigrating。 那么在新加坡注册注册公司有什么条件？
9. 新加坡公民（SC）或新加坡永久居民（PR） 可直接注册公司，if there is only one person，Can also serve as company director and shareholder at the same time，But a secretary must be appointed。
10. Singapore citizens or permanent residents + foreigners Singapore citizens or permanent residents must serve as directors，Can be a shareholder at the same time，Foreigners can also be shareholders/directors。
11. Single foreigners need to apply for an Entrepreneurship Pass(Entrepass)/Self-Employment Pass(Employment Pass)，After passing, you can directly register the company。
12. Restrictions on starting a business in Singapore EP、DP can be a shareholder of the company，But cannot participate in company operations。(Unless the EP is applied for by this company)SP/WP cannot be directors，But you can be a minority shareholder。 So knowing this

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，Let’s take a look at the process of registering a company in Singapore! !

Step 1: After providing the name of the company you want to register，and the Accounting and Business Regulatory Authority of Singapore(ACRA)Perform name lookup，to confirm the availability of the company name。 The name of the Singapore company must be in English。The name of the company to be registered cannot conflict with the name of the existing registered company.。 Step 2 Determine the availability of the company name，Provide the registration information and documents listed below，Download the Singapore company registration form，Completely filled out。

Step 3 Reserve your company name with ACRA。at the same time，Prepare the company's articles of association and the following documents： (1)Appointment letter for the first director (2)Notice of appointment of first director and secretary (3)Notice of consent to serve as director (4)Notification of registered address (5)Other relevant documents Each company has its own memorandum and articles of association。It must be signed by at least one share subscriber in the presence of one witness。

The memorandum of association must include certain basic matters，Such as company name，The company’s registered address must be in Singapore，Company purpose，The number and value of the share capital and subdivisions of the limited liability companies and companies intended to be registered。 Step 4: Submit the articles of incorporation of the proposed company to the Accounting and Business Registration Authority of Singapore and pay the specified amount of registration fee。

Singapore Accounting and Business Registration Authority conducts document review，if there is no problem，An electronic copy of the company registration certificate will generally be issued on the second working day.(Certificate of Incorporation)。 Step 5: Singapore Accounting and Business Registration Authority issues company registration certificate，Get the registration certificate。at the same time，Submit other registration documents listed in step 2。

Step 6 After receiving the company registration certificate，Start carrying out the following tasks： (1) Printing of Memorandum and Articles of Association。 (2) Customize a metal seal，Company name engraved in readable form，As a company seal，to sign a contract。 (3) Customize an offset print with the company name and the words "Representing the Company"。Senior officers of the company can use this seal when signing business contracts on behalf of the company.。

(4) Order a statutory record book，This register is used to record directors and secretaries，Information or documents such as member register and meeting minutes。 (5) Issue shares to share subscribers。 (6) Convene the first board meeting to handle various matters related to company registration，For example, renting an office、Open bank account etc.。

Step 7: Complete all procedures. The above is the relevant information for Chinese to register a company in Singapore.，If you still have any questions you need to know，Shenzhen Yaxin Consulting can answer your questions。

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