How To Register Llc In Singapore
The llp registration process consists of two steps.
How to register llc in singapore. Foreigners wants to register a local company in singapore. Downloads a model constitution. Llp registration is more complex than a sole proprietorship but less complex than an llc or private limited company. Banking finance and insurance monetary authority of singapore. The application itself may only take about 15 minutes to complete.
In normal circumstances an llp registration can be completed in a single day. To register pte ltd in singapore you would have to first seek approval for your company name and register your company by providing acra with the necessary company incorporation documents. Once both your company name and company registration has been approved by acra you can then open your corporate bank account apply for business licenses and register for gst fully incorporating your new company in singapore. To this you need to add the costs of ordering the certificate of incorporation and the company stamp which will amount to an additional fee of approximate sg 80. You need a local registered address in singapore for company office.
How to register a business in singapore to register your business you may make an online application via the bizfile website. You can easily register your business including foreign branch offices online at bizfile by the accounting and corporate regulatory authority. Appoint at least one company secretary within six months from the registration date of the company. However certain types of business require approval from certain regulatory authorities before they can be registered. And b registration of the entity.
If you do not wish to create your own constitution you may choose to adopt the applicable model constitution below. A copy of your company s constitution must be submitted when applying to incorporate your company. The singapore government registration fee is s 165 plus you will likely need professional help in drafting a partnership agreement. Singapore company registration service registration of a private limited company in singapore. Minimum of s 1 in initial paid up capital.
To register a company in singapore for a foreigner according to the acra guidelines the costs of name application and company registration amount to around sg 315. Corporate documents issued to singapore llps.