Is it Easy for a Foreigner to Start a Business in Singapore?
Pre Incorporation Requirements
- At least 1 resident director
- At least 1 shareholder
- At least 1 company secretary
- Minimum of $1 in initial paid-up share capital
- Registered office address Memorandum and Articles of Association (M&AA)
Entrepreneur Pass
Employment Pass
Singapore Company Registration Process
Incorporation Documents for Foreigners
- Description of business activity
- Memorandum and Articles of Association (M&AA)
- Copy of passport
- Overseas residential address proof, Bank reference letter, Personal and business profile, Particulars of directors, company secretary, and shareholders
Post Incorporation Activities
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Obtain a tax number for your Singapore business
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Register for GST
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Opening a corporate bank account
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Open Central Provident Fund (CPF) account and top it up
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Register for the Skills Development Levy (SDL) and pay the fees
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Appoint an auditor within the 3 months
This article mentions the easiest way to register a company in singapore for a foreigner and pre incorporation requirements,incorporation documents for foreigners.