How To Start Offshore Company Setup In Singapore?
SINGAPORE OFFSHORE COMPANY SETUP
Foreign companies may conduct business in Singapore by establishing a branch office. Any foreign company wishing to register a branch can engage a professional firm such as a corporate secretarial firm or a legal firm to assist in the application.
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There are several benefits of incorporating a Singapore offshore company. Some of the main advantages include:
- Credible image
- Ease of offshore company incorporation
- Liberal foreign ownership policy
- Political stability
- Sophisticated banking facilities
BIZGATE WILL HELP YOU WITH THE INCORPORATION CHECKLIST FOR SINGAPORE
- Company Name Approval
- Directors
- Shareholders
- Company Secretary
- Paid-up Capital
- Registered Address
- Appointment of Incorporation Agent
- Documents Required for Incorporation
- Company incorporation process
- Assistance in Bank Account Opening
- Registration for GST
- Obtain Business Licenses or Permits
- Follow Ongoing Compliance Requirements
- Relocation to Singapore
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Mainland Company Setup
Complete exemption from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
The UAE Companies law does not prescribed any minimum share capital but the entity should have adequete capital to achieve the incorporation purpose. Normally accepted minimum share capital for an LLC registered in Dubai was AED 100,000.
Presently, there is no requirements to deposite the share capital in UAE local bank.
Presently, there is no requirements to deposite the share capital in UAE local bank.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space