TOP FAQs

Can a shareholder also be a director?
What is the difference between a director and a shareholder?
What documents are required to incorporate the subsidiary company?
Typically the following documentation will be required:
- Details of the proposed subsidiary name, share capital, shareholder(s), director(s) etc.
- Copy of Singapore ID (where applicable) and passport of each director and individual shareholder
- Certificate of incorporation of the parent company and company profile reflecting registered address and directors of the parent company.
* Any documents that are not in English must be officially translated into English.
What are the Different Kinds of Companies?
- Private/public company limited by shares
- Public Company Limited by Guarantee
What is a private company?
A private company is a company that can have a maximum number of 50 shareholders. Its constitution restricts the right of its members to transfer their shares in the company.

A private company limited by shares can be classified as an small company.

The key characteristics of an small company are:
- No more than 20 shareholders.
- All shareholders are individuals.
- Small companes with an annual revenue of less than S$10 Million are exempt from audit requirements and are not required to file financial statements with the ACRA.
- It is exempt from prohibitions against loans to its directors or to companies related to its directors.

Paid-up Capital

Can I use the paid-up capital immediately after incorporation?

Yes. There is no lock up period applicable in Singapore and company’s may begin to utilize their paid up capital immediately, so long as it is for legitimate business purposes.

Singapore Company Incorporation FAQs

Frequently Asked Questions about Singapore Company Formation

TOP FAQs

Paid-up Capital

Can we increase the paid-up capital at a later stage?

Can I use the paid-up capital immediately after incorporation?

What is the minimum amount of paid-up capital?