For Local(Singapore Business Registration/Company Registration Singapore)
For Singapore business registration or company registration singapore , a minimum of one shareholder. 100 per cent foreign ownership of shares by individuals or legal entities is allowed
For Singapore company registration , at least one director must be Singaporean resident, i. e. a Singaporean citizen, a Singaporean permanent resident (PR) or a foreigner holding a valid Employment Pass (EP). Note that there are no restrictions on the number of additional local or foreign directors.
At least one company secretary Singapore must be Singaporean resident and qualified to hold the position. Specifically, the corporate secretary must have experience in the custody, maintenance and control of documents according to Singaporean law.
There are no requirements for minimum paid-up capital when incorporating a private limited company in Singapore. It is possible to register a company with paid-up capital of one Singapore dollar. Note that the share capital can be held in any currency.
For different type of business , please refer to here
A local registered address in Singapore is required for a private limited company. Post Office Box addresses are not allowed.
Thus, the formula for the requirements to incorporate private limited company in Singapore is as follows:
Once the decision is made to register company in Singapore, the standard procedure is divided into three steps. The preparation phase consists of the approval of the company name, preparation and signing of all necessary documents. The incorporation phase (step 2) entails the submission of the actual application to the authorities. The follow-up phase (step 3) consists of opening the necessary bank accounts and, if necessary, obtaining licences and/or permits.