registration of legal entity

Cost of registration The cost of the second year Number of Directors Corporate tax rates Payment of Charter Capital Financial statements
2499.00 USD 2395.00 USD 1 17.00% 1.00 Да

Company registration in Singapore

Регистрация компании в Сингапуре

The registration of a company in Singapore can provide the founder with great benefits, improving the reputation and enabling the expansion of the company throughout the territory of the Asian continent. The country is characterized by financial stability and beneficial legislation allowing non-residents from different countries to establish business in Singapore without unnecessary bureaucratic delays.

Highly qualified specialists of Law & Trust International will assist you in the establishment of your company. Our experts have been working in this area of legal sphere for more than ten years, and as a result, they guarantee  a prompt completion of all stages of the company's registration in Singapore.

Key moments of establishing a business in Singapore

  1. Establishment of offshore companies is possible provided that the company in Singapore will have legal address within the territory of the country and interact only with the target audience of other states.
  2. Registration of companies in Singapore and control over their activities are carried out on the basis of provisions of the Law on Companies.
  3. Registration of the form of ownership in the form of Singapore Company Limited by Shares is the most cost-efficient for non-residents. The requirements and conditions for such companies in Singapore are indicated below.
  4. Payment of the authorized capital is not regulated, its amount is set in accordance with the scale of the company in Singapore and other criteria.
  5. All permitted types of activities will be specified by our company’s specialists during the first consultation. For some activities additional licensing will be required.
  6. The use of registered shares is permitted, the circulation of bearer shares and non-par-value shares is prohibited.
  7. The company in Singapore must appoint one shareholder among natural or legal persons of any citizenship and one director among residents of the country.
  8. Nominee shareholders and directors may be involved in company’s registration in Singapore in order to protect data about the beneficial owners and investors of the company. This service may be needed due to the fact that the register of entrepreneurs in the country is open for consideration of the third parties.
  9. There are no special requirements to the meeting of shareholders or the place of storage of the constituent documents.

Taxation of companies in Singapore

If the company is considered as a resident one, i.e. conducts business with local partners or consumers and transfers income to local bank accounts, it is obliged to pay 17% of VAT. Income tax is not levied on that business in Singapore, which works with the other states.

Such companies are equated to offshore companies in Singapore. Each company is obliged to keep accounting records of funds and submit report on the goods turnover to the relevant authorities of the country. Audit is mandatory for all companies, except for small ones. Singapore has signed agreements on the prevention of double taxation with 21 countries around the world.

These are mostly states from the EU and Asia. The lack of foreign exchange control allows you to carry out transactions in any amount without converting financial assets.

An offshore company in Singapore: requirements and documents.

In order to register an offshore company in Singapore, it is necessary to prepare a unique name which is not consonant with the names of already existing companies.  There must be such reference to the form of ownership as Private Limited at the end of the name. The use of an abbreviated form is admissible.

In order to establish a company in the territory of Singapore, personal presence in the registrar's office is not necessary, and all transactions can be performed by the authorized attorney from among the lawyers of Law & Trust company. The time for consideration of the application and making decision ranges from 1 to 2 weeks, and the period for collecting the package of documents is determined in each case.

When registering a company in the offshore zones of Singapore, it is necessary to provide the following documents:

  1. For natural persons: scanned copy of the internal passport, confirmation of citizen’s  registration address.
  2. For legal entities: scanned copies of passports of all the founders, beneficial owners and other participants in the structure of the legal entity, as well as package of constituent documents with the charter and copies of the minutes of meetings.

An offshore company in Singapore is very difficult to  establish independently, so apply for the services of the experts of Law & Trust company. You will save time, avoid mistakes when filling in forms and submitting documentation to the registrar. The full list of documents includes up to 30 different items.

Our lawyers work with your documents on the basis of the power of attorney, which you sign at the first consultation. In case of inability to visit the office personally, remote client service is provided. The transfer of documents is carried out through secure channels of the network, the EDS is used to confirm the personality.

Offshore company in Singapore requires constant legal assistance, due to the need to submit reports. We are ready to provide our clients with all necessary services for successfully performing business at the lowest possible prices. Our specialists are well versed in accounting reports, drafting tax declarations in accordance with local forms and in other matters.

It is very easy to become the client of Law & Trust. The acceptance of applications is carried out without interruptions, and it is always possible to visit our offices during working hours.

Set of documents
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Nominee director and shareholder

Price: +2100 USD

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General information
Population5 353 490.00
State polityParliamentary republic
Telephone code65
Place in the world in corruption5
locationSoutheastern Asia, islands between Malaysia and Indonesia
Climatetropical; hot, humid, rainy; two distinct monsoon seasons - Northeastern monsoon (December to March) and Southwestern monsoon (June to September); inter-monsoon - frequent afternoon and early evening thunderstorms; avg. maximum temperature (August) +32°;
Literacy rate92.50%
Ethnic groupsChinese 76.8%, Malay 13.9%, Indian 7.9%, other 1.4%
National currencySingapore Dollar
USD exchange rate1.26
GDP per capita5
Official languageMandarin 35%, English 23%, Malay 14.1%, Hokkien 11.4%, Cantonese 5.7%, Teochew 4.9%, Tamil 3.2%
Credit ratingAAA
The judiciaryThe Supreme Court consists of the High Court and Court of Appeal; Special commercial courts (Admiralty Court, the cases of intellectual property, the Arbitration Court)
Executive authorityHead of government: Prime Minister. Deputy Prime Minister and Chief Ministers appointed by the president, responsible to Parliament
Legislative authoritiesunicameral Parliament (87 seats)
Corporate information
Opportunity to purchase ready-made companiesNo
Legal systemCommon Law
The use of the Cyrillic alphabet in the nameNo
Local registered officeYes
Organizational and Legal FormsResident or Non-resident company, foreign branch operation or a representative office
Indication of BPA in the namePrivate Limited or Pte Ltd
Local registered agentYes
Shares and share capital
Information about the beneficiary is disclosedNo restrictions
The minimum amount of paid-in capital, nat. currency1
The minimum amount of the issued capital1
Bearer sharesNo
Terms of payment of the issued capitalNo restrictions
Possibility to issue shares without par valueNo
Basic corporate tax rate17.00%
Capital gains taxNo
Currency controlNo
Corporate tax rates details18% (but there are exemptions). 75% of first SGD 10,000 of chargeable income and 50% of next SGD 290,000 of chargeable income exempt.
Stamp dutyNo
Director and Secretary
Minimum number of directors1
The requirement for residency directorsYes
Director of legal entities are allowedNo
The data reveals to the local agentYes
Data field to the public registryYes
The requirement for the presence of the SecretaryYes
Requirement to the residense of the SecretaryYes
Requirements to qualification of the SecretaryYes
Legal entity as the SecretaryNo
Shareholder and beneficiary
Minimum number of shareholders1
Data is entered in the public registerYes
Shareholders residency requirementNo
Information about the beneficiary is disclosedNo
Information may be disclosed to the local agentYes
Shareholders-legal entities are acceptableYes
The requirement for filing reportsYes
Open access to reportsNo
Statutory auditNo
The requirement for filing Annual ReturnNo
Open access to the Annual ReturnNo
The requirement for reportsYes
Treaty on avoidance of double taxation (States which signed)50
Membership in the OECDNo
Is it offshore according to Russian legislationYes
Trademark Registration
TM Comprehensive Study TM Registration Request TM Registration Certificate Total
First Class Additional Class First Class Additional Class First Class Additional Class First Class Additional Class
90.00 90.00 648.00 387.00 0.00 0.00 738.00 USD 477.00 USD
«TRADEMARK» refers to «Wordmark», «Logo» or «Wordmark + Logo»

Prices include all professional and official fees. If the change of official duties or exchange rates prices may vary.

In Singapore, Trademark Comprehensive Studies are for word marks only.
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