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Incorporation of Company

Company
Definition A legal entity separate and distinct from its shareholders and directors
Owned By
  • Exempt Private Company
    • 20 shareholders or less and no corporate holds beneficial interest in the company’s shares
  • Private Company – 50 shareholders or less
  • Public Company – can have more than 50 shareholders
Legal Status
  • A separate legal entity
  • Can sue or be sued in its own name
  • Can own property
  • Shareholders not personally liable for debts and losses of Company
Formation Requirements
  • At least one shareholder
  • Any person above the age of 18 years
  • At least one director “ordinarily resident” in Singapore
  • If a foreigner wishes to act as a local director of the company, he can apply for an Employment Pass under the Entrepreneur Pass Scheme.
Formalities and Expenses
  • More costly to set up and maintain
  • More formalities and procedures to comply with
  • Must appoint a Company Secretary within 6 months of incorporation
  • Must appoint an auditor within three months after incorporation unless the company is exempt from audit requirements
  • Annual Returns must be filed
  • Statutory requirements for general meetings, directors, company secretary, share allotments, etc.
Taxes
  • Profits are taxed at corporate tax rates
Continuity and Transferability
  • The company, as a separate legal entity, does not cease to exist if one or more its shareholders die
  • Its corporate existence lasts as long as its shareholders decide it should. A company’s life is usually perpetual
  • Ownership of a company can be transferred and additional shareholders can be appointed
Closing a Business
  • Winding Up – Voluntarily by members or creditors, compulsorily by the High Court
  • Striking Off

Our service for registering Incorporating a Company includes:

  • Name check and reservation
  • Provide basic advisory on business entity enquiries (if any)
  • Preparation of application forms
  • Preparation of memorandum & articles of association (for Company)
  • ACRA Business Profile after successful incorporation
  • Corporate Secretarial Service* include appointment of named secretary, maintenance of statutory registers and minutes books, preparation of share certificates, Company Common Seal & rubber stamp, first directors’ meeting minutes/resolution, resolution to open bank account, advice on statutory compliance matters/reminders, etc.

*Kind Note: Under the Companies Act, All Companies registered in Singapore must appoint a Company Secretary to handle Statutory Compliance Matters.

  • All directors/shareholders to be present at our office: 10 Anson Road, International Plaza #05-17, personally.
  • Bring NRIC and/or Passport of all directors/shareholders;
  • Get ready your (a) Proposed Entity Name; (b) Description of your business activities and (c) Registered Office Address for your Company;
  • Upon receiving payment, we will prepare and file the company incorporation on your behalf. Once the company has been successfully incorporated, you may proceed to open a corporate bank account.

If you are unable to visit our office, or have further enquiries, email us now!

Below are the THREE (3) Company Incorporation options available to local / foreign individuals and foreign corporations.

  • Incorporation for Singapore and Permanent Residents: As a Singapore resident, we assume you will not require our nominee director/ work pass application services. Get a quote now!
  • Incorporation for Foreigners: As a foreign entrepreneur, you are required to appoint a director who is “ordinarily resident” in Singapore, to incorporate the company. Alternatively, you may apply for an Employment Pass under MOM’s EntrePass scheme. 100% foreign shareholding is allowed. Foreigner directors can chose to run operations with or without relocating to Singapore. Get a quote now!
  • Incorporation for Foreign Companies: For foreign companies that want to establish a presence in Singapore, you can choose to set up a Subsidiary Company, Branch Office or a Representative Office in Singapore. For any staff/director who need to be relocated to Singapore to work, you will need to apply Employment Pass for each working member. Get a quote now!
  • Registered Office Service: EVERY business/company must have a registered office in Singapore which must be operational and accessible to the public during normal office hours. Please note that a P.O. Box address cannot be used as a business address. If you do not have one, check out our Registered Office Service.
  • Nominee Director Service: A director who is “ordinarily resident” in Singapore is required for incorporation of a company in Singapore. DP Information Group (DP Info) is able to provide you a Nominee Director until you find a suitable local director to represent your company. Check out our Nominee Director Service.
  • Entrepreneur Pass Application Service: If you do not have a suitable local director and do not wish to appoint our Nominee Director, you can choose to apply for an Entrepreneur Pass, with Ministry of Manpower (MOM). After your pass is approved then you can proceed to incorporate your company. Check out our Entrepreneur Pass Application Service.
  • Employment Pass Application Service: If you plan to relocate to Singapore to run/ work in your company, you will have to incorporate your company first (using our Nominee Director) and apply for an Employment Pass. Once your Employment Pass is approved, you can act as the local director. Check out our Employment Pass Application Service.
  • Corporate Secretarial Service: All Companies registered in Singapore must appoint a Company Secretary to handle Statutory Compliance matters. If you have not appointed an experienced Company Secretary, check out our Corporate Secretarial Service.
  • Accounting, Tax & Payroll Service: All companies in Singapore are required to keep proper account records, and directors are required to present at the AGM, the company’s accounts that comply with the requirements of the Accounting Standards in Singapore. DP Info offers a full suite of accounting, tax and GST filing services to fulfill compliance to both ACRA (Accounting and Corporate Regulatory Authority) and IRAS (Inland Revenue Authority of Singapore). Check out our Accounting, Tax & Payroll Services.
Contact Us (Gen Enquiries)
Free Consultation @

Our Business Advisory Centre: 10 Anson Road, #05-17, International Plaza, Singapore 079903

My Businesses @ DP
  • Check AGM Due Date, etc
  • Check Expiry Dates
  • View T&Cs of Services
What our customers say
  • DP Bureau gives very accurate and reliable information regarding business setups and corporate secretarial services. The staff are professional and warm. We have been with DP for several years now and the quality and reliability of the service is the reason why we chose DP Bureau for our corporate services needs. DP Bureau is a one stop center for our business needs.
    - Mr. Lim, Director

  • Professionalism and responsiveness is of Top Quality. At times going beyond the call of duty. Would strongly recommend DP for corporate secretarial services.
    - Jimmy, Director

  • Had seen DP Bureau employees shown a high level of professionalism and patience in attending all my enquiries with immediate attention and given explanation on how to handle it. Would definitely recommend my local or overseas business associates to use this company service without hassles or doubts faced.
    - Winston Kong, Director

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