Singapore

Singapore is situated at the southern tip of the Malaysian Peninsula. Strategically located along the major shipping and air routes of Asia, it is the major nerve centre for trade and investments in the region. Spanning just over 622 sq km, Singapore, though small, is undoubtedly an advanced and bustling economy. It thrives on an excellent infrastructure, a highly educated labor force, political stability and an efficient business environment. Singapore is an ideal holding company and headquarters location and a gateway for foreign investments in to the emerging economies of Asia, such as China, India, Vietnam, Indonesia and Thailand.

Key Corporate Features & Requirements

 
General
  • Type of entity: Resident/Non Resident
  • Type of law: Common
  • Time to establish a new company: 7-9 days
  • Corporate taxation: 17%
  • Double taxation treaty access: Yes

Share capital or equivalent
  • Standard currency: SGD$ (Singapore Dollars)
  • Permitted currencies: Any
 
Directors
  • Minimum number: One
  • Local required: Yes - One
  • Publicly accessible records: Yes
  • Location of meetings: Anywhere
 
Shareholders
  • Minimum number: One (Corporation or Individual)
  • Publicly accessible records: Yes
  • Location of meetings: Anywhere
 
Company Secretary
  • Required: Yes
  • Local or qualified: Yes
 
Accounts
  • Requirement to prepare: Yes
  • Audit requirements: Yes but there are exemptions
  • Requirement to file accounts: Yes but there are exemptions
  • Publicly accessible accounts: Yes but there are exemptions
 
Other
  • Requirement to file annual return: Yes

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