To proceed with your Singapore company formation, you need the following:
| Requirements | Description |
|---|---|
| Company Name | For your Singapore registered company, you must avoid choosing a company name that is:
|
| Paid-Up Capital | The minimum paid-up capital for setting up a Singapore company is S$1. |
| Registered Address | A local Singapore address is a requisite to incorporating your Singapore company. The registered address can be either a residential or commercial address, but not a PO Box. |
| Directors | For setting up your Singapore company, a minimum of one (1) local director is mandatory. The local director must either be a Singapore Citizen, a Singapore Permanent Resident, or an EntrePass, Employment Pass, or Dependent Pass holder. |
| Shareholders | The Singapore private limited company set-up requires a minimum of one (1) shareholder and a maximum of 50 shareholders. Foreign corporate and individual shareholders are allowed to own 100% of the shares. |
| Company Secretary | The Singapore Companies Act requires every Singapore incorporated company to have a company secretary within 6 months of its incorporation. |
Posted in: Company Incorporation FAQs
