| REQUIREMENTS | DESCRIPTION |
|---|---|
| Company Name | For your Singapore registered company, the proposed name cannot be identical to any existing company name, nor may it contain various prohibited or undesirable words. |
| 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, at least one director who is ordinarily resident in Singapore is mandatory under Section 145 of the Companies Act 1967. This is typically a Singapore Citizen, a Singapore Permanent Resident or an EntrePass holder; an Employment Pass or Dependant's Pass holder may qualify but generally needs a Letter of Consent from MOM to act as a director. |
| 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. This individual must be a local resident and a natural person, possessing the requisite knowledge and experience to fulfil the duties of a company secretary |