Secretarial Services
Under Section 171 of the Companies Act, Cap. 50, it is required that the directors of a company are to take all reasonable steps to secure that the company secretary appointed has to have the requisite knowledge and experience to discharge proper corporate secretarial functions.
We provide the following corporate secretarial services to all our clients on a basic retainer fee paid annually :-
- Directors Resolutions in Writing pertaining to matters such as change of directors, registered office, bank account, increase of issued share capital, transfer of shares, loan facility and/or any other matters that required the passing of a resolution by the company.
- Extraordinary General Meeting pertaining to matters such as change of company name, principal activities, corporate restructuring, increase of authorized share capital and etc.
- Annual General Meeting including application for extension to hold the Annual General Meeting of the Company
- Submission of statutory returns with the Registry of Companies
- Updating of statutory records
- Monitoring of filing deadlines of the statutory returns of with the Registry of Companies
- General corporate secretarial consultation
At a Glance
- Excellent tax benefits from small-to-midsize companies: 0% taxes on 100K annual profits (first 3 years), approx. 9% tax on annual profits up-to 300K
- Low overall tax rate of 18% on profits above 300K
- Zero taxes on capital gains in general
- We can incorporate a Singapore company in one day
(after incorporation documents are signed by you)
- 100% foreign shareholding allowed
- Minimum paid-up capital of $1 only
- Singapore rated as #1 in ease of doing business in the world
- Singapore rated as the best place to work and live in Asia
- Immigration visa (entrepreneur pass) available for company owners wishing to relocate to Singapore to run their new Singapore company
Procedure and timeline for Singapore Company Registration
The basic steps are as below:
- Get company name approval
- Prepare registration documents
- Client to sign company registration documents
- Register company
- Open bank account
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