Singapore Ordinary Company Registration

Details

I. Registration requirements

1. Company name: Singapore ordinary (private) company to end with PTE.
Must be in English, must be capitalized, currently do not accept Chinese registration (ordinary company name containing fund and foundation is allowed, but do not put at the end).

2. Registered capital: The standard registered capital of Singapore ordinary company is S$50,000, 1 share/S$50,000, more than S$50,000, required to write down the actual capital

3. If you provide photos, be careful not to cover with your hands, do not add watermarks, do not have clutter; documents are neatly placed, photos are clear and complete (do not take only half a page or more than half a page), be careful not to reflect, documents are not placed in card holders or wallets to take pictures, such as driver’s licenses to take out to shoot;

4. Singapore ordinary company shareholders need to provide: (non-natural person) mainland China company as a shareholder: business license + corporate identity card
Hong Kong, China company as shareholder: certificate of registration + business registration certificate + director’s identity card
 Cayman, BVI and other island companies as shareholders: certificate of incorporation + proof of company address (first-class agent certificate CERTIFICATE OF INCUMBENCY) and scanned copy of the company director’s identity card

II. The information required for registration

1. Natural shareholders: ID card + proof of address;
Directors: ID card + proof of address; (if multiple shareholders, please specify the share ratio)
Shareholders and directors who do not have passports; and the company does not intend to open an account in the future can only provide identity cards for registration

2. Registration Confirmation Form (Template)

III. The application process (provided that the customer data are provided to complete, no additional information is required)

1. Contract Payment
2. Customer provides company name for verification
3. Customers provide the necessary information for registration
4. Production of files based on customer data
5. Signed by the client and sent back to us
6. Collection of original documents

Original:

1. Business License
2. Registration Paper
3. List of Directors
4. Register of Shareholders
5. Secretary List
6. Stock
7. Minutes of Directors’ Meeting
8. Minutes of Shareholders’ Meeting
9. Address Proof
10. Charter
11. Flip Stamp + Steel Seal

After 1-2 working days after all the information is submitted, the signature file will be issued —- after the director and shareholders sign back — about 1 week to issue the certificate, the original will be sent to the customer within 2 weeks
 (Without government audit, the normal processing time is 12-15 working days)

IV. Annual Audit of Singapore Ordinary Companies

(If the company is registered as a holding company, the XBRL fee for downloading will be added)
 If the annual audit is overdue for 6 months, the company will be closed down. If this is the case, the new director of the company will be blacklisted and will not be allowed to serve as a director of any company.
 There is no penalty within 6 months of the buffer period, but a penalty of S$300 will be imposed if the buffer period is exceeded by one day, which will be accumulated step by step.
 Financial year cycle: Generally choose the annual filing, the tax filing date ends at the end of the last month of registration, if the customer has the request, can be set at the end of other months according to customer needs

1. Required: Annual audit requires a certificate of incorporation + registration paper + director’s identity document
2. Annual audit requires the filing of financial statements, tax returns first and then the annual audit;
3. Ask the customer whether the company has operations, if there is a need to actually file tax returns, do the accounting and tax costs according to the actual situation of the company charged separately, (to provide all the company’s bank statements, income and expenditure vouchers (such as contracts, Invoice), the company’s operations in other costs breakdown, if you can not provide bills, into the account is considered income, out of the account can not be used as a cost, resulting in increased turnover, increased tax)
4. The company does not operate is 0 declaration, no additional charges
5. Confirm the annual cut-off date (fiscal year end) with the client, the first tax return can be set at the end of any month, and the subsequent annual tax returns will be based on the fiscal year submitted in the first year.

Annual audit processing time: 1-2 working days after the submission of all the information out of the signature file —- directors and shareholders back after the signature – 8 working days to complete the annual audit return receipt; annual audit return receipt without paper originals

Transfer to the annual audit processing time: the original secretary company is willing to cooperate with the signature is also about 10 working days, the other party does not cooperate with the signature will have to wait for a month mandatory transfer agent, and then submitted, the annual audit of the annual audit.

V. Change of directors/shareholders of Singapore companies

Change of Singapore director to provide:
   Certificate of Incorporation, Registration Paper, ID card of old director, proof of address, ID card of new director, proof of address
   Change of Singapore shareholder to provide
   Certificate of registration, registration paper, old shareholder ID, proof of address, new shareholder ID, proof of address, transfer information;
   Stamp duty will be charged on the change of shares, starting at S$15 or 2% of the actual change, whichever is greater.

Remark: When the old shareholder/director is registered, what is used as the identity proof and address proof is registered, and what is provided when the change is made.
  Single shareholder/director fee, if there are multiple changes, multiple fees will be charged
  Special note: If a shareholder is also a director, the fees will be charged separately if both changes are made.

Change of directors and shareholders processing time: 1-2 working days after the submission of all the information to the change of signature file —- after the return of the signature of the director and shareholders — 5 working days to complete the change of the return receipt; change of the return receipt without paper originals

VI. Singapore companies to do tax returns

The actual bookkeeping tax return required information
1. the latest registration paper;
2. shareholders, directors’ documents;
3. the financial year of the company’s bank reconciliation statements;
4. income and expenditure vouchers (such as contracts, Invoice);
5. the company’s operation of other expenses and vouchers;
6. the previous year’s financial statements detailed version (if the first year to do tax returns, then no need to provide);
7. the previous year NOA (tax bill)
Note: If the customer is unable to provide receipts, he/she needs to compile a breakdown of the company’s income and expenses during the fiscal year.

VII. Singapore company cancellation

Company cancellation requires the provision of business license, registration paper, director identification documents
Processing time: 1-2 working days after the submission of all the information to issue the cancellation signature file —- directors and shareholders back to sign — more than 6 months to cancel the company
No return receipt, only the official website screenshot
The company has a bank account, you can let the customer first transfer the money away, and then notify the account manager to close the account

Price List