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Singapore

A Singapore company has an excellent international reputation. It is a legitimate corporate vehicle domiciled in a reputable, politically stable international trading jurisdiction with world-class infrastructure and status as global financial centre. Its strategically advantageous geographical position allows it to be Asia most popular business destination and one of the world top transportation hubs with thebusiest port in the world.As one of Asia economic igers Singapore is often seen as accessible by Chinese and Indian businesses. Three out of five international corporations would choose Singapore to set up their headquarters.

What types of companies can be opened?

Private Company, Exempt Private Company, Public Company Limited by Shares, Public Company Limited by Guarantee

What are the requirements for company formation in the jurisdiction?

Paid Up Share Capital: As low as $1.00 in any currency.

Compositional and Structural: One Local Resident Director, Local Secretary, and Shareholder (any nationality)

Registered Office:

An operational address in Singapore accessible to the public during normal office hours.
A P.O. Box address cannot be used as a business address.

Annual General Meeting:

Annual accounts must be prepared and submitted within 18 months from incorporation and subsequently every 12 months.

What is the general taxation rate for incorporated companies?

17% yearly. Attractive tax exemptions for new start-ups and small/medium sized enterprises.

What length of time is required to open a company?

It will take 2 working days for the name application and preparation of the Incorporation Documents. The incorporation may be completed within 2 days upon receipt of the original signed documents.

Does the jurisdiction have a DTAA with China or HK? what other major DTAs are in place? What about TIEAs?

Yes. With China, but not Hong Kong.
DTAA: China, Japan, UK, Canada, France and Germany, amongst others
TIEAs: Bermuda