What are the shareholder requirements for registering a Singapore company?

Updated on Financial 2024-03-01
12 answers
  1. Anonymous users2024-02-06

    There is no restriction on the composition of the shareholders of a Singapore company, which can be either a natural person or a company.

    A Singapore company can be wholly owned by a non-Singaporean or 100% owned by a non-Singaporean company.

  2. Anonymous users2024-02-05

    Hello landlord, has your problem been solved? 》

    There are no major restrictions on the shareholders of a Singapore company.

    You can act as a natural person or as a legal person, but it is important to note that at least one local director (a local director is a Singapore citizen, Singapore permanent resident Singapore or a foreign entrepreneur holding a Singapore Entrepreneur Pass).

    Therefore, for shareholders, in a word, as long as the individual or enterprise is over 18 years old, there is no limit.

    If you can help you, please like or oh, if you have any questions, please ask, I can continue for you.

  3. Anonymous users2024-02-04

    The conditions that need to be met by shareholders to register a Singapore company are as follows:

    1. Company name

    The Singapore company name is in English and does not accept Chinese name registration, ending in limited).

    2. Registered capital

    The registered capital of a Singapore company starts from a minimum of S$1 and has no upper limit at the maximum, and there is no strict time limit for the full payment of registered capital; In the later stage, the registered capital can be increased freely and no stamp duty is levied.

    3. Directors of the company

    1) The director of the Singapore company must be a natural person over the age of 18;

    2) The board of directors of a company can consist of one or more directors, but must include at least one local director (Singapore Permanent Resident, Singapore Citizen, Singapore Entrepreneur Pass Holder, Self-Employment Pass Holder);

    3) The directors are mainly responsible for the management of the company.

    4. Shareholders of the company

    1) There is no restriction on the composition of the shareholders of a Singapore company, which can be either a natural person or a company;

    2) There is no restriction on the shareholding ratio of foreigners and foreign companies in Singapore companies under the Companies Act;

    3) The natural person shareholders of the company may concurrently serve as directors of the company.

    5. Business secretary

    1) A Singapore company must appoint at least one Singapore resident (Singapore Permanent Resident, Singapore Citizen, Singapore Work Pass holder) as the company's commercial secretary;

    2) If the company has only one director, the director cannot also be the business secretary.

    6. Company address

    A Singapore company must provide a registered address in Singapore; The business and contact address of the company may be different from the registered address.

    7. Scope of business

    Since the amendment of the Companies Act in 2005, unless the company's articles of association restrict the company's business scope, a Singapore company can engage in all legal business activities, but it needs to choose one or two of the company's main businesses at the time of registration.

  4. Anonymous users2024-02-03

    Hello, the requirements are as follows:

    1. Company directors: The company must have at least a local director who is above 21 years old, and the director can be a permanent resident of Xinjiapi and an employment pass holder.

    2. Shareholders of the company: natural persons are shareholders, there must be at least two shareholders, shareholders do not need to be resident in Singapore, legal persons are shareholders, and there is at least one shareholder, which can be a foreign company.

  5. Anonymous users2024-02-02

    Analysis of common problems in registering a Singapore company:

    1. Why did you choose to set up a private **** in Singapore?

    Singapore Private **** is a shareholding **** and is a business entity that is widely used in Singapore. Its shareholders and directors have separate legal personality and have limited liability for the company's debts and losses. The name of a private **** usually ends with ".

    2. How do I know if the company's name is available?

    After the customer provides the company name, before submitting the registration, it is necessary to conduct a preliminary search through the Singapore Registry's system to see if there is an identical or similar name registration, and we will check the name for you and provide feedback until the available name is confirmed.

    3. Can a foreigner or a foreign company hold 100% of the shares?

    OK. According to the provisions of the Singapore Companies Act, a foreign natural person or corporate legal person can hold 100% of the equity of a Singapore company.

    4. When will the registered capital be paid?

    Singapore should pay the registered capital to the company's bank account within one year after the company is registered and the bank account is opened.

    5. How to determine the financial year of Singapore's private ****?

    When a Singapore company is registered, it is necessary to determine the company's financial year-end date, which can be any date within 18 months of the company's incorporation. However, we generally recommend keeping the fiscal year at 12 months to maximize tax benefits. Newly established companies (Singapore Corporate Profits Tax, Corporate Income Tax) can enjoy a maximum of S$10,000 (about 10,000 RMB, tax deduction) for the first three financial years.

  6. Anonymous users2024-02-01

    Requirements for directors and shareholders of the company.

    1. Directors of the company.

    There must be at least 1 person in an ordinary company and at least 2 people in a public company, and 1 Singapore resident or employment permit holder must be the director of the company.

    2. The proportion of shareholders and shares of the company.

    At least one or more persons are shareholders of the company, and the directors and shareholders can be the same person, and if more than one person serves as shareholders, the proportion of their respective shares must be stated.

  7. Anonymous users2024-01-31

    Legal Analysis: Conditions for Singapore Company Registration.

    Director: Any person of 21 years of age or older who is required to have at least one Singaporean director.

    Company Name: The company name must be in English and must be pte at the end of the English company name ltd.End.

    Secretary of the Board of Directors: A local statutory secretary in Singapore.

    Registered capital: Hu Ke The registered capital of the Singapore company Tong Zuo Li starts from 1 Singapore dollar, and there is no upper limit at the maximum. Singapore companies usually do not have a strict time limit for the payment of registered capital, and no stamp duty is levied.

    The registered capital can be in Singapore dollars or other commonly used foreign currencies.

    Shareholders: Shareholders may be natural persons or legal persons, and the number of shareholders shall not exceed 50.

    Board Meeting: Directors may meet in any country or participate in such meetings through **.

    Taxation: Exemption from taxation on any business activities and business activities carried out outside Singapore.

    Legal basis: Civil Code of the People's Republic of China Article 57: A legal person is an organization that has the capacity for civil rights and the capacity for civil conduct, and independently enjoys civil rights and bears civil obligations in accordance with law.

  8. Anonymous users2024-01-30

    Legal analysis: If a Chinese-funded enterprise or natural person registers a Singapore company, there are specific requirements: (1) At least one shareholder, each company must have at least one shareholder, and the shareholders are not limited to nationality, and Bi Qing can be a natural person or a corporate body.

    2) At least one local director of Singapore Friends Sail SingaporeSingapore Company Law stipulates that each company must have at least one director, one of whom needs to be a person (citizen, permanent resident, pass holder) who resides in Singapore and holds Singapore identity. (3) The company's registered address is a local office building, and the company needs to have a business registered address located in Singapore, which is not allowed to be a mailbox or a public rental house, and must be a commercial office building. (4) At least S$1 registered capital of each company must be in accordance with the articles of association, the actual capital of the registered capital must be specified, and the paid-up capital is paid-up.

    The minimum registered capital and ** is S$1 and 1 share is issued. The company can also increase its registered capital through a shareholder resolution. (5) Company name restriction Singapore company name generally does not have strict hail restrictions, you can use the country, collective, holding, etc., Singapore company name is all English, ending with private ****.

    6) The legal secretary of the company.

    Legal basis: Company Law of the People's Republic of China Article 6 To establish a company, it shall apply to the company registration authority for establishment and registration in accordance with the law. If the establishment conditions stipulated in this Law are met, they shall be registered as a limited liability company or a stock company by the company registration authority; If it does not meet the establishment conditions stipulated in this Law, it shall not be registered as a limited liability company or a share****.

    Where laws and administrative regulations stipulate that the establishment of a company must be submitted for approval, the approval formalities shall be completed in accordance with the law before the company is registered.

    The public may apply to the company registration authority for inquiries into the company's registration matters, and the company registration authority shall provide inquiry services.

  9. Anonymous users2024-01-29

    1.Unlike the company registration requirements in most offshore jurisdictions, Singapore company registration requires a Singapore party director (at least one of the directors must be a Singapore citizen and Singapore permanent resident.

    Hold an Entrepreneur Pass (Work Pass).

    2.As with a Hong Kong company, a person acting as a director must be at least 18 years old and have full legal capacity.

    And it has not been blacklisted for owing money to the management department or failing to complete the annual review, tax declaration and cancellation in accordance with the regulations.

    3.Like a Hong Kong company, the main responsibility of a director is to oversee the day-to-day affairs of the company and set the direction of the company's development. Under the Companies Act.

    Directors are required to ensure that all records of the company are kept on time and accurately, and that financial reports are prepared.

    If applicable), including the documents required to be filled in ** and the competent authority (such as annual reports), the information shall be disclosed as required.

    Directors need to protect the interests of the company, and cannot abuse their power for personal gain, and cannot abuse their power to harm the interests of the company. A director's breach of duty can be a civil or criminal offence with different penalties, ranging from a fine of S$5,000 to two years' imprisonment. Certain breaches may result in the person being banned from holding directorships in other companies for the next 5 years.

    4.The SG directors provided by the secretary company are not directly involved in the company's operation and decision-making, but play a vital role, in addition to assisting in the registration of the company, opening bank accounts, and opening Google.

    It is also very likely that the developer, or some other third-party organization, will need the information of the new party's directors and even the signature and other supporting documents of Dachanghe.

    Therefore, it is particularly important for a reliable new party director and a secret copy of the hidden book company, otherwise it will affect the Singapore company's opening of a Singapore local bank account, and even affect the legal existence of the Singapore company.

  10. Anonymous users2024-01-28

    A minimum of 1 local director is required for a Singapore ordinary company and at least 2 directors (including 1 Singaporean) for a public company;

    At least 1 and no more than 50 shareholders of an ordinary company;

    Two or more persons aged 18 or above are required to serve as the applicants, and there is no nationality restriction and no upper age limit.

  11. Anonymous users2024-01-27

    1. The domestic directors independently designated by the company at the time of registration shall exercise the actual management responsibilities. This type of director is an important person who leads the development of the company and has the responsibility of managing the company, and is equivalent to the legal representative. The other party shall ensure that the Company and the person comply with all requirements and obligations under the Ordinance, including the review, signature, filing and notification of meetings, requisitions, resolutions, accounts, reports, statements, records and other documents of the Company.

    2. Nominal director, that is, the local ** director of a company registered in Singapore. Nominee directors are bound by the **Director's Agreement, and their responsibilities are limited to signing board resolutions and statutory **, such as the company registration application form, so the existence of nominee directors in Singapore will not involve the management of the company, nor will the reputation of the slag affect the interests of the company's shareholders. Quexu Mountain.

  12. Anonymous users2024-01-26

    Singapore Company Registration Requirements:

    1. Company name: fill in the English name of the company, ending with.

    2. Registered address: Singapore companies must provide a local registered address in Singapore, and our company can assist in providing it. If there is a change in the registered address, the Accounting and Corporate Regulatory Authority of Singapore must be notified within 14 days.

    3. Business scope: Singapore companies can choose two business items.

    4. Registered capital: The registered capital of a Singapore company shall not be less than S$1. Singapore companies usually do not have a strict time limit for the payment of registered capital and do not levy stamp duty. The registered capital can be Singapore dollars or other commonly used foreign currencies.

    6. Shareholder director: at least one shareholder director, including one Singaporean director; At least 18 years old, provide a copy of the shareholder's ID card (or passport), a copy of the share ratio and the director's ID card (or passport) Author: Zhongchuang Qiaozhi Source.

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