subject: How Does Company Registration In Singapore Takes Place? [print this page] The company registration in Singapore normally takes place in a quick, comfortable, efficient and effective manner. The government of Singapore has been working continuously to perfect the process for company registration since they believe that this will be one of the best factors in maintaining their established economic position in the Asia Pacific region and more particularly, maintaining their good repute worldwide.
Singapore, as the most business friendly country worldwide has streamlined the company registration processes resulting to a more simple, cost-effective and comfortable registration procedure.
There are various company registration firms in Singapore that provides a variety of services both to local and foreign entrepreneurs. Rikvin, one of the best company registration firms and corporate solutions specialists leads entrepreneurs in company registration Singapore as organized, as efficient and as effective as possible.
For Singapore residents, assistance to setup a private limited company, limited liability partnership and sole proprietorship is available. For foreign business professionals, quality service for company registration of subsidiary office, branch office and representative office is also made available. Also, assistance to establish offshore companies such as Marshall Islands, Seychelles and British Virgin Islands.
More significantly, The Republic of Singapore has given full support to foreign entrepreneurs who want to incorporate a Singapore company. First, the work visas including employment pass, entrepreneurial pass and nominee director are categorized to serve them. Next, they are assured that they will not encounter red tape from the business setup to the formal business operations. Then they were also considered in creating corporate laws for tax thus giving them favorable tax benefits.
Some of the most common requirements for company registration that you should note are minimum 1 shareholder, 1 resident director and 1 company secretary, minimum initial paid-up share capital is S$1 and Singapore company must have a Singapore registered office address.
Finally, almost all kinds of businesses are permitted in Singapore. Singapore welcomes all business enthusiasts who are willing to be globally competitive and at the same time help the growing economy of Singapore.
