|To proceed with your Singapore company formation, you need the following:|
|Company Name||For your Singapore registered company, you must avoid choosing a company name that is:- identical to existing local company names;|
– offensive, obscene or abusive names; or
– already reserved.
|Paid-Up Capital||The minimum paid-up capital for setting up a Singapore company is S$1.|
|Registered Address||A local Singapore address is a requisite to incorporating your Singapore company. The registered address can be either a residential or commercial address, but not a PO Box.|
|Directors||For setting up your Singapore company, a minimum of one (1) local director is mandatory. The local director must either be a Singapore Citizen, a Singapore Permanent Resident, or an EntrePass, Employment Pass, or Dependent Pass holder.|
|Shareholders||The Singapore private limited company set-up requires a minimum of one (1) shareholder and a maximum of 50 shareholders. Foreign corporate and individual shareholders are allowed to own 100% of the shares.|
|Company Secretary||The Singapore Companies Act requires every Singapore incorporated company to have a company secretary within 6 months of its incorporation.|
To get more information on registering a Singapore Company, please refer to our Singapore Company Registration Guide.