Main Functions:

1. Name Search
2. Preparation of Memorandum and Articles of Association
3. Preparation of Business Plan
4. Registration of company with ACRA
5. Preparation and submission of application for Employment/Entre Pass with the Ministry of Manpower, Singapore for the main operating director who wish to come and operate his/her business in Singapore
6. Assist to open Company Bank Account in Singapore
7. Advise on sourcing of prospective businesses in Singapore

Additional Complimentary Services for first year:

• Use our address as your Registered Address (for ACRA) for one year.
• Act as Nominee (non-shareholding and local) Director for first three months to maintain the process of company registration and approval of Employment/Entre Pass for the main operating director who wish to come and operate his/her business in Singapore.
• Act as your company secretary for first year and maintain all the required formalities with ACRA including preparation of board meetings and resolution, filling of returns (board meeting, AGM, EGM, charge documents, share allotments etc.), preparation and issuance of shares, maintain company register etc.

What is Singapore Private Limited Company
A company is a business entity registered under the Singapore Companies Act, Chapter 50. Unlike a business firm such as a sole proprietorship or partnership, it has a legal personality i.e. it has rights to own properties, can sue or be sued. It usually has the words 'Pte Ltd' or 'Ltd' as part of its name. In many European or the US, it is commonly known as a Corporation.

Major advantages

1. A private limited company has its own legal identity, separate from its shareholders (who own the company) and its directors (who manage the company)
2. Shareholders are not liable for the company's debts beyond the amount of share capital they have subscribed, provided there has been no deceit, fraud or malpractice
3. Easy to transfer the ownership, either wholly or partially, through the selling of all or part of its total shares, or through the issue of new shares to additional investors
4. No need to wind up the company in the event of deaths, or changes amongst the shareholders or directors
5. Exempt Private Limited companies owned by individual shareholders need not audit its accounts if the company's annual turnover falls below S$5 million
6. The minimum number of shareholders and directors is one
7. Incorporation is sometimes seen as supporting an image of status and credibility
8. Companies may find it easier than partnerships to borrow, as they are able to create floating charges over their assets

Singapore Company Incorporation Requirements

• Minimum paid-up capital of S$1 only
• Minimum 1 shareholder - 100% shareholding allowed by foreign corporate & individual shareholder
• Minimum one individual director required who has to be an ordinary resident of Singapore i.e. being one of the following: - Singapore Citizen, Singapore Permanent Resident or Singapore Employment Pass / EntrePass / Dependant Pass holder.
• Local Registered address (PO Box not allowed)
• Singapore Resident Company Secretary

Special Benefits to incorporate Pte Limited Company in Singapore

1. Newly Singapore setup Companies Pay Zero Corporate Tax for the first $100,000 Profit for 3 years consecutively.
2. Zero taxes on capital gains, dividends paid to shareholders are tax exempt
3. Protect your personal assets
4. No exchange controls or restrictions on repatriation of profits
5. Business Migration Visa (entrepreneur pass) available for foreign entrepreneurs who wish to establish their company and reside in Singapore to run their company