The business is a legal entity, distinct and separate from its directors and shareholders. In Singapore, there are two types of companies such as private and public companies. The public companies are listed on the Singapore SGX and typically have more than 50 members. The private companies are not listed on the SGX and have only a maximum of 50 members. The owners of the companies are also known as shareholders. The shareholders then appoint directors to manage the company. The directors must of a resident in Singapore. According to the Singapore Companies Act, any person must be above the age of 18 years. The 注册新加坡公司 is so easy and simple which only takes few minutes.
Why need to incorporate a company
Unlike the partnerships, the company owners have limited liability. The businesses are divided and separate legal entities from their owners. Hence the business owners are not personally liable for the company’s debts. However, the companies have more compliance needs as compared to the partnerships. A1 company registration Singaporeprovides various business structures in Singapore, so you can refer it for more information.
How to register a company
The procedure for company registration is fully computerized in Singapore by ACRA. Normally, the company can be incorporated with one to two days. The applicant must log into the official website by using the identification number. Below are the things to do by the businesses.
- Choose a company name & address
To set up a company in Singapore, the proposed name for the business must be approved first. The business name approval is obtained by filing an application. The approved name will be reserved for 60 days from the application date.
- Certificate of Incorporation
The Singapore act will send an official email notification of the company. The email notification will consist of the business registration number in Singapore.
- Business profile
A business profile includes the specifics of the business may be attained from ACRA by making a request in online. Generally, the document is offered for download within an hour of the appeal and contains the above-given details:
- Company name and registration number
- Previous names for the company
- Shareholders’ details
- Incorporation date
- Paid-up capital
- Registered office address
- Principal activities
- Directors’ particulars
- Secretary’s facts
Why you should choose A1 business
Here are some of the reasons to choose a1corp
- Provide high quality and brilliant Customer Service
Providing the best client service is our top precedence. Our team is well known and updated with new information.
- Value for Money
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- All in One Service
We are capable to guide our clients in every step by step to register a company in Singapore.
We have many years of knowledge and expertise in this field
To get more information about Singapore Registration company contacts us at any time.