Get corporate secretary service for company registration

Singapore is highlighted as the top-notch Asian country in terms of business and commerce. It has been rated as fabulous place for business environments, being a multi cultural nation. It has become one of the favorite center for many foreign entrepreneurs across the globe for expanding or establishing businesses. A remarkable platform is provided to investors, who establish their business in this wealthy nation.

Entrepreneurs, who have landed on this nation for launching a business, need not worry regarding the company name registration. Numerous consultants are available that provide Singapore company registration service. These consultants will help in giving all-round support so that you can run your company with a peaceful mind, without any controversy. Their paramount duty is to assist you in registering your company name and giving advice regarding various company structures. Moreover, the experienced consultants also guide you in license and tax registration, so that you can acquire employment pass for yourself, as well as, your employees.

Singapore company registration can be done in two ways: company formation and secretarial services. The former one is for business registration, while the latter is for private limited companies formation. In case of company formation, these consultants will reserve your company name and handle essentials per-incorporation and post-incorporation documents and formalities. As per Singapore's Companies Act, all companies are required to hire a corporate secretary within the 6 months of its incorporation. Hence, appointing such consultant as your corporate secretary, will handle all your companies task. These company registration companies will assure you to carry out your work load that relates to company formation process.

Details required for company registration in Singapore

While planning to set up or move your business to Singapore, it is essential to know the registration guidelines of Singapore. According to the Singapore Companies Act, an individual (local or foreign) above the age of 18 can register a company in Singapore. A set of initial requirements needs to be comply with for starting a company in this country.

The following information is required to submit with the company registrar in order to carry out Singapore company registration:

Company name:

The first step will begin with the approval of name of the company. Therefore, to ensure a quick approval, you must check that the name is not identical to any existing local company's name. The name should not be obscene and already registered.

Business activities:

The registrar needs a detailed description of the business activities that you will perform. You have to mention, whether your company will provide services or deal in manufacturing. This is required to check out if an individual intends to carry out any illegal business. Singapore company registration is not possible for any of the prohibited business activity.

Details of the director:

It is mandatory for Singapore companies to have one resident director. A resident can be defined as a Singapore citizen, a permanent resident or an individual with an employment pass. The number of additional directors is not restricted, but all of them must be at least 18 years of age.

Along with the above information, you are also required to provide the registered address of the company, company secretary particulars, and shareholders' details. After the registrar get all the details, the company registration process will begin.

Few steps and benefits during Singapore company registration

When we wish to business, requirement of company registration will be must for us. Without registration, no company is authorize to make a legal deal. Many companies in Singapore are registration through authorize consultants. This consultant approved by government, and they handle all problems of their clients. There are few steps for make a valid Singapore company registration. First you should have a valid bank account. It will make easy to pay and receive payments from customers.

Singapore company registration is not easy work. To handle formation system, you can contact with registered agency. They tell about all terms, which clients face during the authorization. These agencies handle all the prestigious pre and post-incorporation documents and procedure. After registering they design a company kit which will consist diary of association, the company profile, company share, company seal and company stamp. Before registration the company, consultant also check out that owner age must be 18 or more years old. Business formation requires minimum one shareholder, one director, a share capital of one dollar and a local address. They charge some amount from you according your business.

The main and immense benefit of company formation is that, we have unlimited liabilities. In Singapore, corporate income tax rate is 17 percent, but after registration of the company it reduces the tax interest. It also gives a chance to earn a profit in your business.