If you wish to start a business, Singapore is one of the best places for you. Before you start your business, you can allow Margin Wheeler Pte Ltd to help you with the incorporation process. In Singapore, foreign and local investors who wish to conduct business in this nation are expected to register in business entities, including an offshore company, non-profit entity, partnership, sole proprietorship, limited partnerships, and private limited company. At Margin Wheeler Pte Ltd, we are dedicated to assisting our customers in establishing or expanding their businesses. In particular, we will assist you to be negative through the value Singapore company formation.
Company formation procedure
Your company name should be approved by the Accounting & Corporate Regulatory Authority (ACRA). Your company name can be approved within a short if it meets the following requirements:
It should be unique
Be free from an obscene or vulgar word
Should not violate any copyright or trademark issue
No reserved by another company
After your name is approved, it will be reserved for 60 days. However, if you fail to incorporate the company within that period, you will be granted an extension of 60 days by applying ACRA.
Preparation of documents
The following are the documents needed for company formation in Singapore
Foreign investors are supposed to submit their passport copies.
Address details and identity proof of the company directors
Address details and identity proof of the shareholders
Registered company address
Description of the company, including its constitution and major business activities.
After submitting all the required documents, the official company registration can be done within one day.
Private limited companies are supposed to have between 1 to 50 shareholders who can be local or foreign residents. You also need to appoint your company secretary within six after the …