Setting up of Company

Setting up of Company from Ace Success Pte Ltd

By: Ace Success Pte Ltd  17/04/2015
Keywords: Business Registration, set up of pte ltd, setting up of company,

SETTING UP A COMPANY IN SINGAPORE Summary of Setting up a company in Singapore (Private Limited) Whether you’re an individual or a corporation, the process of setting up a company/business in Singapore is easy. All business that would like to operate in Singapore must be registered with the Accounting & Corporate Regulatory Authority (ACRA). A minimum of 1 local resident director is required to set up a company. The Directors must be at least 18 years of age and must not be bankrupt, or convicted for any malpractice in the past. A Director can be a company shareholder too. For a local private limited company, the minimum shareholder is 1 and maximum is up to 50 shareholders. As per Section 171 of the Singapore Companies Act, every company must appoint a qualified company secretary within 6 months of its incorporation. The company secretary must be a local resident in Singapore. For some business Special licenses are needed, such as banking, insurance and stock broking. Special licenses are also required for the manufacture of goods such as cigars and firecrackers. How does this service work? inc-thumb 125854445Ace Success Pte Ltd takes a hassle-free and straight to the point approach. Provide us with the necessary required information (see below). Thereafter, an appointment date would be made at your preferred location where our executive will meet you and proceed to incorporate your company within the same day. Documents/information required Incorporation date Company name (provide at least 2 choices) Company Registered address Business activity Copy of Directors/Shareholders NRIC (*Any person above the age of 18 years old) Copy of Foreign Directors/Shareholders Passports and foreign address Share capital amount Paid up capital amount Number of shares per shareholder What you will receive Name Application. Incorporation of company Copy of Bizfile Copy of Standard Memorandum and Articles of Association (ACRA provides a standard M&AA that is suitable for most instances.) First Board of Directors Meeting Resolutions Share Certificates Optional: Common seal and company stamp (Blue self-inked, round) Self-Collection* – $55 Our Special Offer for Incorporation of Company @ $800 Contact us now to set up an appointment for your company incorporation now. For other type of entity please call us to find out more.

Keywords: Business Registration, set up of pte ltd, setting up of company,

Other products and services from Ace Success Pte Ltd

Accounting Service from Ace Success Pte Ltd thumbnail

Accounting Service

At Ace Success, We understand that it is really frustrating to do repetitive day to day data entry and it get worsen when the volume of transactions increases. Why not leave the hassle to us and we can help you to save time, save money and save trouble. Ace Success Pte Ltd provides period based Accounting services in Singapore (monthly, quarterly, annually etc.), reviewing accounting solutions and generating financial reports and statements.