Overview of Company Formation in Singapore
Imagine starting your business in Singapore easily and quickly, without the hassle of dealing with multiple services. At theGSTco., we specialize in helping Indian entrepreneurs like you set up their businesses smoothly. We take care of everything from reserving your company name to completing the registration process with ACRA, which includes getting your Unique Entity Number (UEN).
Unlike other options that make you handle different parts of the process and charge a lot, theGSTco. offers a complete package that covers everything you need to start your business in Singapore. Our service includes preparing all the required documents, providing an official office address, appointing a qualified company secretary, and keeping all registers of directors and shareholders compliant.
Singapore is the first choice for many entrepreneurs who want to start their own business because of its business-friendly policies, which allow a business to expand easily. It ranks 2nd in ease of doing business by the World Bank. There are numerous benefits to incorporating your company in Singapore, such as low corporate tax, exemption on foreign income, no double taxation, GST and ITC claims, etc. Additionally, the Singaporean government actively supports foreign businesses, and Singapore's strategic location in Southeast Asia provides easy access to markets in the region and beyond.
Benefits of Company Formation in Singapore
Types of Business Structures in Singapore
How it Works?
Understand Singapore Company Registration Requirements
Registered Office Address (can be virtual)
The company must have a registered address in Singapore; all statutory documents of the company must be kept at this address
At least 1 shareholder
To establish a company in Singapore, a minimum of one shareholder is required.
Capital of at least SGD 1
You can set up your Singapore company with a capital of just 1 Singapore dollar.
At least one director who resides in Singapore
A Singapore company can have directors who live in Singapore or abroad, but at least one director must be a resident of Singapore.
Company Secretary who resides in Singapore
The role of the company secretary is to ensure that the company meets all its regulatory requirements.
Why Choose Us?
Backed by CAs & Compliance Experts
Our team of legal experts have a decade of experience in serving ecommerce sellers & brands
Systematic and Accurate Execution
Our team ensures that your services are never delayed, thus maximizing the speed of delivery
Lowest Transparent Rates
We strive to provide value by balancing top-tier service with highly competitive rates
Authorized Partners
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What Our Clients Say
As a small business owner, expanding globally seemed daunting. Thanks to theGSTco, registering my company in Singapore was straightforward and successful. They truly understand the unique needs of Indian businesses.
The registration process for my company in Singapore was seamless and efficient, thanks to theGSTco. Their guidance through the regulatory maze was invaluable.
I was worried about the complexity of registering my startup in Singapore, but they made it incredibly straightforward. Their support was always just a call away.
Thanks to theGSTco, my business was up and running much faster than expected. Their knowledge of local regulations saved me time and hassle.
With theGSTco, the process was so smooth. Their understanding and efficient handling made registering my company in Singapore feel effortless. Highly recommended for Indian entrepreneurs!
Incredible support and clear guidance. theGSTco made my business expansion into Singapore a breeze. Their expertise, especially for Indian businesses, is unmatched.
Frequently Asked Questions
Yes, if you are an Indian who wants to start a business in Singapore, you can take our help. We can help you set up your business by providing end-to-end support.
If all the documents are ready, then a business registration in Singapore can be swiftly processed in as little as one day.
The requirements for Singapore company formation vary depending on the type of company you want to incorporate. However, some of the common requirements include:
- A minimum of one shareholder and one director.
- A company name that is not already registered.
- A registered address in Singapore.
- A share capital of at least S$1.
The benefits of incorporating a company in Singapore include:
- The low corporate tax rate.
- The favorable tax treaties.
- The easy business environment.
- The strong legal system.
- The strategic location.
- The highly skilled workforce.
- The global connectivity.
There are three main types of Singapore companies:
- Private limited company: This is the most common type of company in Singapore. It is limited by shares, which means that the liability of the shareholders is limited to the amount of their shareholding.
- Public limited company: This type of company can issue shares to the public. It is more regulated than a private limited company.
- Limited liability partnership (LLP): This type of company is a hybrid between a partnership and a company. The liability of the partners is limited to the amount of their investment.
If you also want to register your business in Singapore from India easily and quickly, then get in touch with us today. Fill out the form and get a free consultation.
No, we don't have any hidden fees. Our charges are transparent. Schedule your free consultation today to understand the costs.