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Here’s an overview of the annual statutory compliance requirements that apply to companies registered in Singapor  1. Filing Estimated Chargeable Income (ECI) Within 3 months of the end of accounting period for the branch, Singapore companies are required to declare the revenue amount and estimated chargeable income by filing ECI form with Tax Authority.  The … Read more

Once you have successfully incorporated your Singapore company, you can open a corporate bank account in any of the major banks in Singapore such as HSBC, Standard Chartered, Citibank, DBS, OCBC, UOB, etc.   Many Singaporean banks require the physical presence of the company principals as part of the account opening procedure. If you are … Read more

When your Singapore company has been registered, ACRA will send an official email notification to confirm it. This is treated as the official certificate of incorporation in Singapore.   You should also obtain a PDF version of your company business profile by purchasing it online and paying the nominal fee.   The company business profile … Read more

Under most circumstances, the Company can be registered within the same day. The company registration procedure in Singapore is fully computerised by Singapore’s Accounting and Corporate Regulatory Authority (ACRA) There are 2 steps to register your Singapore company: Reserve Your Company Name You must first reserve your company name. Make sure that the name: is … Read more

You will need to provide the following documents:    Company name Brief description of business activities Shareholders’ particulars Directors’ particulars Registered address Company secretary particulars Constitution   Any non-English documents require officially-endorsed translated versions.        

Non-Singapore Residents need to consider the following information as well:   You must engage a professional firm to register your Singapore company – under Singaporean law, non-resident individuals or entities cannot self-register a company. You are not required to obtain a Singapore work visa to incorporate a private limited company if you are operating your … Read more

Before you register your Singapore company, you must be aware of these requirements:   Your company name needs to be approved before registration. You need to appoint a minimum of one resident* director. An unlimited number of additional resident or non-resident directors can be appointed as well. Both resident and non-resident directors need to be … Read more