Company Incorporation Service in Singapore
Overview of Company Incorporation
What’s Company incorporation?
Unlike some other countries in ASEAN, you can incorporate a Singapore company with 100% foreign ownership in Singapore. As an open economy, the procedure of company setup in Singapore has been streamlined to make the cost of company setup more affordable in Singapore.
Aside from the efficiency in setting up a Singapore company, you are set to benefit from low tax regime and pro-business regulation in Singapore that are beneficial to foreign business community. In fact, due to the perks of incorporating a Singapore companies, many multi-national corporations have setup an Asia Headquarter in Singapore.
Before you proceed with setting up an entity in Singapore, it is important for you to understand different types of business entity and select that one that is the most beneficial for you. Read further to learn more.
Company setup options in Singapore
Which entity structure is more suitable for you?
Private Limited Company:
Singapore Subsidiary office:
This company structure is suitable for foreign companies that want to keep the Singapore entity as a separate legally entity. The Singapore office will also be treated as a tax resident of Singapore paying local corporate tax rate. However, the local director has absolute control of the company in this type of legal structure.