Can we use non-cash consideration to increase the paid-up capital of our company?

Yes, non cash consideration such as fixed assets can be used as consideration, for as long as sufficient evidence of the valuation of the assets is provided.

Suggested Readings

What is the minimum Authorised Capital for Incorporating a Singapore Company? What is the minimum paid-up capital for incorporating a company in Singapore? What is the minimum paid-up capital required for a subsidiary company in Singapore? What is the procedure for increasing paid-up capital at a later date?