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.

Key Features

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: accrued in or derived from Singapore; or received in Singapore from outside of Singapore. Under Section 10(25) of the Income Tax Act, income from outside Singapore is considered received in Singapore when it is: remitted to, transmitted or brought into Singapore; used to pay off any debt incurred in respect of a trade or business carried on in Singapore; or used to purchase any moveable property brought into Singapore (e.g. equipment or raw materials connected to your business).
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
Secretary required	Yes
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.