Guide to SG Co incorp and management(1)

  Why register a Singapore company? What are the advantages of a Singapore company?

  What industry is more suitable for Singapore development?

  Singapore company basic regulations

  All companies must be registered with the Accounting and Corporate Regulatory Authority (ACRA) in Singapore. This includes individuals, companies or companies that do business for foreign companies. Some special industry cases
For example, banks, insurance and securities brokerage companies need to apply for a special license before registering a company. Special merchandise, such as cigars and firecrackers, must also be applied for in advance.

  How to register a Singapore company

  If you are a foreigner, you have a Singapore resident director, or you are a Singapore citizen or a Singapore permanent resident, you can use
SINGPASS is registered on the ACRA website of the Accounting and Corporate Regulatory Authority of Singapore at www.acra.gov.sg. Otherwise you need
Find a secretarial license agent RFA (REGISTED FILING AGENT) to help. Singapore ACRA has implemented the RFA licensing system for registered secretarial agents since 2015. Finding a licensed secretarial agent to register is the first thing to protect your interests.
step! You have the right to ask your agent to show the agent license RFA!

Bank of Singapore account opening
After the company is established, it is necessary to open a bank account. Bank accounts mainly include local accounts (onshore accounts) and offshore accounts. Singapore company in Singapore
The bank account is a local account (onshore account), and the Singapore company opens an account with a bank in Hong Kong or mainland China and is an offshore account. Banking industry
Services and advantages are not the same, so it is necessary to choose banking services according to the company's business needs.


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