Open Singapore Company
M & N Business provides Hong Kong entrepreneurs with one-stop Singapore company incorporation services, fast registration, professional and reliable.
Why Choose Singapore Company Registration?
In the global economy, Singapore has become the perfect springboard for Hong Kong entrepreneurs to expand their international business due to its stable political environment, excellent tax system and strategic location, M&N International Business Consultants specializes in Singapore company registration services, providing Hong Kong clients with one-stop cross-border solutions to help you efficiently set up a private limited company in Singapore and seize the unlimited business opportunities in the Southeast Asian market.
Advantages of Singapore Companies and Conditions of Incorporation
Advantages of opening a Singapore company
- Foreign investors may invest in 100% equity.
- Minimum paid-up share capital is only SGD$1.
- At least one shareholder and one director
- Taxable profit of $100,000 for the first three years after the commencement of business is exempt from tax.
- With effect from 2008, the rate of tax on the first $300,000 of chargeable profits is 9%; the rate of tax on chargeable profits thereafter is 18%.
- Tax-free investment income and dividends
- Entry passports can be issued to company owners who wish to develop their business in Singapore.
- No foreign exchange controls or restrictions on distribution of profits.
Basic Registration Requirements
- At least 1 shareholder (can be an individual or a company)
- At least 1 director (must be a natural person, at least 1 of whom must be a resident of Singapore)
- At least 1 company secretary (must be a Singapore resident)
- Minimum initial registered capital of S$1
Information on Documents Required
We will prepare and submit the company formation documents for you, so you don't need to worry about the tedious application.
The following documents are required for your application.
- Memorandum and Articles of Association
- Statement of compliance with company registration requirements
- Personal Data of Shareholders, Directors and Company Secretary
- Notification of Landing and Opening Hours of Registered Offices
- Consent to Appointment as Director
- Consent to take up the post of Company Secretary
Note: M & N Business can provide qualified Singaporean resident directors and company secretaries to Hong Kong clients, solving one of the biggest registration hurdles for overseas investors.
Advantages of Incorporating a Singapore Company
Globally Recognized Business Hub Status
- Singapore has been ranked by the World Bank as one of the world's easiest places to do business for many years.
- Excellent international reputation, conducive to the establishment of overseas brand image
- A sound legal system to protect investors' rights and interests
The most competitive tax environment
- Singapore company tax rate of only 17% with various tax exemptions and benefits
- No capital gains tax, lenient tax policy on overseas income
- Similar territorial source principle as Hong Kong to avoid double taxation
Efficient registration process with low maintenance costs
- Singapore company registration usually takes only 1-3 working days.
- Minimum registered capital requirement is only S$1.
- Easy annual compliance and manageable operating costs
M&N Singapore Company Registration Service
M&N provides complete Singapore company formation services to Hong Kong clients:
- Singapore Company Name Search and Reservation: Ensure your company name is ACRA compliant and unique
- Preparation and submission of company registration documents: including articles of incorporation, directors' and shareholders' information, etc.
- Registered Address Provision: Local Registered Address Services in compliance with Singapore regulations
- Appointment of Company Secretary: To fulfill the requirement of Singapore law that every company must have a qualified company secretary.
- Bank Account Opening Assistance: Recommendation and assistance in opening a local bank account in Singapore
The entire registration process is usuallyOnly 5-7 business daysNo need to come to Singapore
Why do so many entrepreneurs choose M&N Business Services?
- Hong Kong licensed organizations:M&N Business Services Limited is a licensed secretarial company recognized by the Hong Kong Government for its reliable services.
- One-stop comprehensive program:從Company Formation, Secretarial Services, Accounting & Tax Preparation to Virtual OfficeWe have everything you need, so you don't have to travel around.
- Experienced team:Over the years, we have assisted numerous SMEs and start-ups to register successfully and are able to deal with a wide range of complex situations.
- Charges are transparent and straightforward:All service plans are clearly priced, with no hidden charges, so you can rest assured that you're in good hands.
Services Related to Singapore Company Registration
Company Formation Services
Company Secretary
Tax Services
Virtual Office
Frequently Asked Questions about Singapore Company Registration
Yes, it is perfectly possible for Hong Kong people to register a company in Singapore. Singapore welcomes foreign investors, but it is important to note that a Singapore company must have at least one local resident director in Singapore, and M & N Business can address this requirement by providing you with the services of a qualified local resident director.
Singapore company registration usually takes only 1-2 working days to complete, provided that all documents are in order. The entire process from name reservation to obtaining the Certificate of Incorporation can usually be completed within 3-5 working days, without the need for you to travel to Singapore in person.
Singapore's tax system is very competitive and its key advantages include:
- The corporate income tax rate is only 17%
- Tax exemptions for newly established companies
- exempt from scheme
- No capital gains tax
- No dividend tax
- Extensive network of double taxation agreements
- Remittance of overseas income to Singapore is usually tax-free
Singapore companies have very flexible capital requirements:
- Minimum registered capital is only S$1.
- The registered capital can be in any major currency.
- No need to verify capital, capital can be increased at any time.
- It is recommended that the registered capital should be set at an appropriate level according to the actual business needs.
After a Singapore company is registered, the following aftercare services are usually required:
- Annual Company Secretarial Services
- Preparation and Audit of Financial Statements (if applicable)
- Corporate Tax Returns
- Renewal of Registered Address
- Declaration of Changes in Directors and Shareholders
- Amendments to the Articles of Association
M & N Business offers a comprehensive aftercare package to ensure your company continues to operate in compliance.
At least one Singapore resident director (M&N can provide qualified nominee director services)
At least one shareholder (can be an individual or a company, no nationality restriction)
Compliant company secretary (must be a Singapore resident)
Singapore Local Registered Address
With M&N's professional services, the process of Singapore company registration is simplified:
- Company Name Search and Approval
- Prepare and submit registration documents to ACRA
- Successful registration of company and obtaining certificate of incorporation
- Engraving of company seals, preparation of articles of incorporation and other documents
- Bank Account Opening Arrangement