Call Center

Singapore Company Incorporation FAQs

Frequently Asked Questions about Singapore Company Formation

TOP FAQs

  • Can a shareholder also be a director?

    Yes, there are no restrictions prohibiting an individual assuming both roles.

  • What is the difference between a director and a shareholder?

    Shareholders
    own the company and are entitled to the profits of the company.

    Directors

    Manage and oversee the company’s operations, and deal with everyday responsibilities.

  • 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.

Registered Address

Does a Singapore subsidiary require a registered address in Singapore?


Yes, all Singapore companies and subsidiaries need to have a registered address in Singapore.

What are Virtual Office Services?


While it is not a requirement that a company has a telephone and fax number, you may find this useful depending on the needs of your business.

Virtual Office services include a dedicated phone and fax number for your business, an automated greeting service and a message recording service. All messages and documents received via fax will be forwarded to.

Do we need a local address to incorporate our company in Singapore?


Yes, every Singapore company is required to have a local registered address. The registered address needs to be an effective address for delivering documents to the company and its members.

You are permitted to engage a service provider such as Bradbury Consulting to use their address as your registered address.

Do I need a registered address in Singapore for my company?


Yes, all Singapore companies must have a Singapore registered address. You are not required to lease an office space or use our Registered Office services


BACK TO TOP