Set your business in Singapore
An excellent Asia Pacific option for international trade.
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
Why register your company with us?
We make incorporating a company as easy as possible, so you can focus on the important things.
We have a full suite of startup services, like banking, bookkeeping and tax planning consultancy, which means Eurofinanzza not only helps you get started, but supports you in your continued success as your one-stop shop.
Tell us about your
business
We’ve taken the complexity out of forming your business company. Our online form can be completed in less than 10 minutes.
We take care of the
paperwork
Based on the information you provide, we prepare all required documents and file them directly to the appropriate entity.
Receive your
documents
Once your incorporation documents have been approved by the state, you’ll receive your completed company package by email.
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How to incorporate your business company in Singapore
As a company with business formation expertise, our range of services include:
We are a business formation specialist which deals with businesses and companies incorporation in Singapore.
Highly developed and notable Business Center in the world
Singapore’s financial centre
International Financial HUB
Ease of doing business
Why choose Singapore for incorporating your company
Singapore is universally recognized as a world business leader for opening of company:
Rated #1 in the world by World Bank for ease of doing business.
Singapore Corporate – Taxes on corporate income
Companies (resident and non-resident) that carry on a business in Singapore are taxed on their Singapore-sourced income when it arises and on foreign-sourced income when it is remitted or deemed remitted to Singapore. Non-residents are subject to withholding tax (WHT) on certain types of income (e.g. interest, royalties, technical service fees, rental of movable property) where these are deemed to arise in Singapore.
Tax on corporate income is imposed at a flat rate of 17%. A partial tax exemption and a three-year start-up tax exemption for qualifying start-up companies are available.
Partial tax exemption (income taxable at normal rate):
Year of assessment 2020 onwards
Chargeable income (SGD) | Exempt from tax | Exempt income (SGD) |
First 10,000 | 75% | 7,500 |
Next 190,000 | 50% | 95,000 |
Total | 102,500 |
Start-up tax exemption (income taxable at normal rate):
Year of assessment 2020 onwards
Chargeable income (SGD) | Exempt from tax | Exempt income (SGD) |
First 100,000 | 75% | 75,000 |
Next 100,000 | 50% | 50,000 |
Total | 125,000 |
Key Corporate Features
General
- Type of entity – Resident/Non-Resident
Type of law – common
- Our time to establish a new company – 5 days
- Minimum government fees (excluding taxation) – S$365
- Corporate taxation – Varies
- Double taxation treaty access – Yes
Share capital or equivalent
- Standard currency – SGD$
- Permitted currencies – Any
- Minimum paid up – S$1
Directors or Managers
- Minimum number – One
- Local required – Yes – one
- Publicly accessible records – Yes
- Location of meetings – Anywhere
Members
- Minimum number – One (Corporation or Individual)
- Publicly accessible records – Yes
- Location of meetings – Anywhere
Company Secretary
- Required – Yes
- Local or qualified – Yes
Accounts
- Requirement to prepare – Yes
- Audit requirements – Yes, but there are exemptions
- Requirement to file accounts – Yes, but there are exemptions
- Publicly accessible accounts – Yes, but there are exemptions
Other
- Requirement to file annual return – Yes
- Change in domicile permitted – No
Register your Company today!
All our Consultancy and Advisory services are completely FREE!