OUR OFFICES: LONDON, UK Office | +44 20 3769 1690  –  CORK CITY, Ireland Office | +353 21 202 8069  –  Contact Monday to Friday: 9 am to 6 pm GMT time  –  Skype: CALL | CHAT

OUR OFFICES:
LONDON, UK Office | +44 20 3769 1690
CORK CITY, Ireland Office | +353 21 202 8069
Contact Monday to Friday: 9 am to 6 pm GMT time 
Skype: CALL | CHAT

SET UP YOUR BUSINESS IN
SINGAPORE

We support all worldwide
Investors & Entrepreneurs
Setting up their Business overseas

Eurofinanzza Tax Legal Law Center
Corporate Tax & Legal Consultors
Since 1998

Looking to set up a Business in Singapore?

Starting a business in Singapore soon?
Eurofinanzza Tax Law Center helps businesses to register new companies in Singapore.

Having difficulty in setting up a company in Singapore?
Worried on business registration in Singapore?

As a Corporate Service Provider, Eurofinanzza Tax Law Center specialises in business formation and company incorporation in Singapore.

Getting ready on opening a company in Singapore, Eurofinanzza Tax Law Center is your right choice to deliver services that efficiently fulfil all statutory compliance for your company. Eurofinanzza will go through with you the procedures to register and form a business quickly and cost-effectively, allowing you to concentrate on building your business while we take care of all the administration and compliance matters for you. Eurofinanzza Tax Law Center also assists in opening a business in Singapore for foreigners.

As a company with business formation expertise, our range of services include:

  • incorporation of private limited company in Singapore;
  • registration of limited liability partnership;
  • registration of sole proprietorship;
  • setting up of company for foreigner with nominee director services;
  • provision of Corporate Secretarial Services with named company secretary;
  • accounting and Income Tax management; and
  • structuring, various Business Licenses Application and Singapore Business Advisory.

We are a business formation specialist which deals with businesses and companies incorporation in Singapore.

Why choose Singapore for incorporating your company

Singapore is universally recognized as a world business leader for opening of company and, moreover, Singapore is also one of the leading international financial centres. Offshore investors are well served by representatives of most major international banks, financial institutions, investment management companies and accounting and legal firms.

Rated #1 in the world by World Bank for ease of doing business.
Rated #1 as the most politically stable country in Asia.
Rated #1 as the best labor force in the world.
Rated #1 in Asia for quality of life.
Ranked the third wealthiest nation in the world by Forbes Magazine.
Ranked as the third most globalized economy among 60 of the world’s largest economies in the recently released Ernst and Young 2011 Globalization Index.
Low corporate tax rates: about 8.5 percent up to SG$300K profits and a flat 17 percent thereafter. In addition, new corporations enjoy tax exemption on the first SG$100K of normal chargeable income for their first three consecutive years of operation.
There are no dividend or capital gains taxes in Singapore.
There is no estate/death/inheritance tax in Singapore.
Low personal tax rates start at zero percent and max out at 20 percent above SG$320K.
Government grants, up to 60 percent of costs, provided for the purchase of technology like computers or accounting software.
No auditing is required for privately-owned companies with revenue less than SG$5 million.

Type of Company for
International Trade and Investment

Resident or non-resident company
Foreign branch operation or
Representative office

Most relevant information

Restrictions on Trading
Generally, no restrictions except for financial services, education, media related or other politically sensitive businesses.

Language Of Legislation And Corporate Documents
English

Registered Office Required
Yes

Time To Incorporate
5 days subject to name approval.

Authorised And Issued Share Capital
The concept of authorised share capital has been abolished in Jan 2006 and the minimum number of issued shares is 1.

Directors
A minimum of one, who must be a Singapore resident individual. To fulfill this requirement, we could assist you in appointing a Singapore professional director. A foreigner who wants to register a new company in Singapore and act as a resident director of the company or operate the company, a valid pass must be obtained from the government first.

Company Secretary
Companies are required to appoint a resident company secretary, who must be a natural person.

Shareholders
A minimum of one shareholder is required. Shareholders may be corporations or individuals. 100% foreign ownership is allowed.

Taxation

17% above SGD 300,000, 8.5% below
No taxation on the profits earned abroad or from financial securities however a company is liable to pay tax in Singapore on income that is:

  • accrued in or derived from Singapore; or
  • received in Singapore from outside of Singapore.

Income Received from Abroad
Under Section 10(25) of the Income Tax Act, income from outside Singapore is considered received in Singapore when it is:

  • remitted to, transmitted or brought into Singapore;
  • used to pay off any debt incurred in respect of a trade or business carried on in Singapore; or
  • used to purchase any moveable property brought into Singapore (e.g. equipment or raw materials connected to your business).

The content of this article is intended to provide a general guide to the subject matter.
Technical advice should be sought about your specific needs and requirements.

The content of this article is intended to provide a general guide to the subject matter.
Technical advice should be sought about your specific needs and requirements.

Contact us Now!

One of our Business Development Managers will promptly answer your enquiry!

There is dedicated team in our Head Office available to deal with your enquiries regarding any of our five offices. We aim to respond to all enquiries within 24 hours.

Whether you are an existing client or interested in Eurofinanzza services, we would be happy to hear from you via any of our available communication networks: telephone, email, live chat, and enquiry form.

We look forward to hearing from you!

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