COMPANY INCORPORATION FOR FOREIGNERS
- 75% tax exemption on the first $100,000 chargeable income for the first 3 years (subject to criteria).
- 50% tax exemption on next $100,000 chargeable income for the first 3 years (subject to criteria).
- Limited Liability, where the company’s liability is restricted to the paid-up capital and compensation payments only.
- Directors’ and Shareholders’ personal assets are protected and not liable for the company’s debts or liabilities
Are Work Passes Required?
For companies with Foreign Directors who are residing in Singapore, they are required to apply for either an Entrepreneur Pass* (EntrePass) or an Employment Pass* (EP).
However, foreign Directors who do not reside in Singapore do not need to apply for any passes.
Need a Singaporean Director? We Can Help!
Private Limited Companies in Singapore are required to have at least one Director who is ordinarily resident in Singapore i.e. Singapore citizen or permanent resident (PR) or employment/entrepreneur pass holder. If you do not have a local Director, you can engage our services as a Nominee Director for a nominal fee.
At PACE, we offer a range of affordable secretarial service packages for company incorporation in Singapore. Our company incorporation services include:
- Preparation of secretarial documents in relation to incorporation of Company
- First director’s resolutions on incorporation of Company
- Form 45 declaration by directors
- Appointment of named secretary
- Preparation of share certificate
- Confirmation of year end
- Name reservation
- Maintaining and updating of the Company’s statutory registers and records
- Filing of statutory returns and other necessary documents with the ACRA
- Advising on matters which require notification to the Accounting and Corporate Regulatory Authority (ACRA) and effect such notification upon being in possession of the relevant facts from you.
- Acting as company secretary and named Company secretary
- Safekeeping of Company’s Constitution
- Consultation of accounts and company compliance
- Monitoring of tax and annual return filing deadlines
- Declaration of controller and nominee registers
CHOOSE US AS YOUR TRUSTED SERVICE PROVIDER TODAY And Enjoy $120 OFF!
Let us be your shortcut to meeting ACRA and IRAS requirements, saving you time and hassle.