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We provide company formation services and guide you through the registration of your Singapore company.
It is true that setting up your company in Singapore is easy, start by preparing the details of your directors, shareholders and business activity (SSIC Code). RL CORP SERVICES PTE LTD is here to guide you every step of the way, reach out for a free consultation on the best company structure.
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There are four types of business structures in Singapore, namely: Company, Limited Partnerships, Limited Liability Partnerships and Sole-Proprietorship.
Key things to decide:
A registered office address must be provided during your application to incorporate a company. A registered office address refers to the place where all official letters to the company are sent, and the place where the company’s register and records are kept.
A registered address must be accessible to the public during normal office hours, but need not be where the company conducts its activities.
Companies Act requires at least 1 local resident to be a director.
A nominee director is one accustomed or under an obligation whether formal or informal to act in accordance with the directions, instructions or wishes of any other person.
For example, a person appointed as director of a company to comply with the Companies Act’s requirement for a local resident director will generally be regarded as a nominee director.
No. We understand that start-ups are usually tight-fisted when it comes to finances and we are willing to do our part to help you alleviate that by waiving the deposit requirement.
How much capital are you prepared to invest?
How many shareholders will there be in the business?
What liabilities and responsibilities are you prepared to assume?
What risks are you prepared to take?
What are the advantages and disadvantages of the different business entities?
Which of the business entity is easy to strike-off?
The Singapore Standard Industrial Classification (SSIC) is the national standard for classifying economic activities undertaken by economic units and is used for censuses of population, household and establishment surveys and, increasingly, in administrative databases.
During the name application, you are required to specify the primary and secondary (optional) activities of your business by choosing the SSIC codes that best describe your business.
We will be able to help you with that.
The Constitution is a legal document that:
The company's Constitution must be submitted to ACRA upon application.
The requirements to be appointed as a Director of a Singapore company are:
*EP holder wishing to become the director of a company must first get a Letter of Consent (LOC) from the Ministry of Manpower.