Characteristics of Singapore Offshore Company
Company Type |
Private Limited Company (Pte Ltd) |
---|---|
Governing Legislation |
Singapore Companies Act of 1963 |
Confidentiality |
High level of provides a high level of privacy is provided by Singapore |
Accounting Requirements |
Accounting reports need to be prepared annually |
Taxation |
No taxation is levied on the profits earned from the financial securities or which are earned abroad. |
Stability |
Singapore comprises of a stable jurisdiction and a good reputation |
Paid-up capital requirement |
No mentioned requirement of paid up capital |
Minimum directors and shareholders |
Minimum one director and one shareholder and one of the directors must be a local. |
Company Secretary |
At least one company secretary is required |
Legal System followed |
The company is governed under Common Law |
Business confidentiality
No Trade Restrictions
Well-established Financial Services Sector
World-class Banking Infrastructure
Business-friendly Legal System
Ownership of International Intellectual Property Rights
Setting up of Financial Corporations
Setting up an Import and Export business
Establishing an E-Commerce business
Fill out an Application
Upload your Documents
Register the Company
Additional Services such as Bank account
Company Kit Dispatch
Documents Required to Register Singapore Offshore Company**
- Certified passport copy
- Certified proof of address (issued within 3 months from today)
Offshore Banking Partners
Services
FAQs
How long does the incorporation process take?
The company needs to be approved and registered with the Accounting Corporate Regularity Authority (ACRA). This can take 1-2 days after receiving all the signed documents.
Do I need a registered address in Singapore for my company?
Yes, all Singapore companies must have a Singapore registered address.
Do I need to be present for the incorporation process?
No, you do not need to be present for the complete process.
What banks can I open the corporate account within Singapore?
Yes, once a company get done, we will go on supporting to open a bank account in banks such as OCBC, DBS, Maybank, UOB.
Does Singapore support a multi-currency bank account?
Yes, u can choose the bank according to your requirement.