How to form a company in singapore

• 1. An overview of launching a newbusiness in SingaporeSBS Consulting

2. A Local National A Foreign National Above 18 yearsCopyright SBS Consulting All RightsReserved 3. Sole Proprietorship The owner needs to be a Singapore resident and if foreignerthen he can appoint a local Manger. General Partnership Company Owned by a minimum of two and a maximum of 20 partners atleast one has to be a local person. It is not legally separate fromthe owners and hence the owners are liable to make good anyloss that the company suffers. Limited Liability Partnership Company Should have minimum of two partners, one has to be a localresident. There is no limit for maximum number of partners. Private Company It has separate legal status from its owners and has a perpetualexistence. It can sue or be sued in its own name.Copyright SBS Consulting All RightsReserved 4. A Subsidiary Company A Branch Office A Representative OfficeCopyright SBS Consulting All RightsReserved 5. At least one of the directors has to be aSingapore resident. A Singaporean or a foreigner can register anew company. The paid up capital is minimum 1S$. A minimum of 1 Director or 1 Shareholder isrequired who can be the same person. A local registered address. A Local Company SecretaryCopyright SBS Consulting All RightsReserved 6. Accounting andCorporateRegulatory Authority(ACRA)Copyright SBS Consulting All RightsReserved 7. Name of the company Business activities Paid up share capital Registered address of the company Particular of directors and shareholders Full name (as in passport) Local correspondence address Overseas address (if any) Nationality Identity card number and expiry date Passport number and expiry date Personal contacts (mobile number, home and office number, fax,and email address) Number of shares issued to each shareholdersCopyright SBS Consulting All RightsReserved 8. Foreign Nationals who are ready to relocate toSingapore have to obtain one of the twopasses: Singapore Employment Pass Singapore Entrepreneur Pass Foreign National without relocation toSingapore.Copyright SBS Consulting All RightsReserved 9. You are the proud owner of a registeredcompany in the most thriving economy of theworld that is SingaporeQUESTIONS?Email Us: [email protected] us: +65 6728 9142Thank You 10. You are the proud owner of a registeredcompany in the most thriving economy of theworld that is SingaporeQUESTIONS?Email Us: [email protected] us: +65 6728 9142Thank You