Singapore offers corporate laws for improved tax planning

Company Express US office offers Singapore company incorporation and maintenance services.

Advantages of Singapore company incorporation

• Jurisdiction’s prestige – Singapore is excluded from OECD and FATF blacklists
• Company pays corporate tax only on Singapore-sourced profit
• Minimum capital required is 1 Singapore dollar
• No capital gains tax
• No tax on dividends
• No requirement for company shareholders to be local
• Small companies are not required to be audited

Price structure for company formation in Singapore

What documents will you receive upon incorporation?

• Certificate of Incorporation
• Memorandum of Association
• Articles of Association
• Business Profile
• Directors’ Consent
• Share Certificates
• Common Seal

If using nominee services you will also receive:

• Apostilled Power of Attorney
• Trust Deed
• Nominee Director Declaration

What do you need to form a company in Singapore?

Give us a call, or drop us an email, and we will be glad to detail all the requirements for you.

Taxation and statutory requirements at a glance

Corporate income in Singapore is taxed at 17% in only two instances:

• When income is Singapore-sourced.
• When income is received in Singapore from foreign sources.

Companies registered in Singapore are required to file annual returns and financial accounts.

All companies registered in Singapore must be audited. The exception to this rule is for a small company, meeting at least two out of three of the following:

• The company’s turnover must not exceed 10 million USD.
• The ompany’s assets must not exceed 10 million USD.
• The number of staff must not exceed 50.

If the company qualifies for this exception, a separate application must be filed with the authorities.

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