Singapore Offshore Company Formation Service
Singapore is an excellent choice for incorporation with modern banking, finance and telecommunications infrastructure, and a dynamic workforce.
Singapore has a very robust economy with business-friendly legislation, a large number of double taxation treaties, an attractive tax regime, no currency controls and offers complete foreign ownership. Note that local directors are a requirement, which we can provide.
|Company type||Private Limited Company (Pte Ltd)|
|Information published relating to company officers||The names of directors and shareholders appear in the Public Registry. One of the directors must be resident in Singapore.|
|Confidentiality||High level of anonymity and privacy.|
|Accounting requirement||Yes, annual reports required.|
|Taxation|| 17% above SGD 300,000, 8.5% below
No taxation on the profits earned abroad or from financial securities however a company is liable to pay tax in Singapore on income that is:
Under Section 10(25) of the Income Tax Act, income from outside Singapore is considered received in Singapore when it is:
|Legislation||Singapore Companies Act 1963.|
|Standard Currency||Singapore dollar (SGD)|
|Stability||Singapore is a very stable jurisdiction and has an excellent reputation.|
|Communication||Very efficient communication means.|
|Time zone||Convenient world time zone: GMT+8|
|Paid up capital requirement||No paid up capital requirement (1 SGD)|
|Renewal Date||Anniversary date of the company / Each Year|
|Basis of legal System||Under Common Law.|
|Minimum directors/shareholders|| Minimum of 1 director/1 shareholder|
One of the directors must be resident in Singapore.
|Bearer shares||Bearer shares are not permitted.|
Banking Options for Singapore
We assist our clients in identifying the best banking solution for their particular needs from a variety of providers.
Singapore is Recommended For
- Real Estate Holdings
- Traders and Investors
- Advisers, Consultants and Counselors
- Electronic Commerce and Digital Transactions
- Business Holdings
- Inheritance and Estate Planning
- Expatriats and Offshore Workers