One Stop Business Solutions

So you want to set up company in Singapore? Incorporating a company in Singapore has been made easy by going online but there are still many people who do not know how to do it properly. This may cause some problem when it comes to getting investors or even sell off the company in the future as an exit strategy. Hence for new company registration in Singapore, it is always advisable to get professional help from accountant, lawyer or qualified corporate secretary.

Important that you need to take note when setting up a company in Singapore are as follow:

1. Minimum 1 local director (Singapore citizen, Singapore PR, Employment Pass holder, Entrepass holder)
2. At least 1 shareholder
3. Minimum paid-up capital S$1
4. Requirement of Memorandum and Articles of Association
5. Need a local registered address
6. Need to appoint a company secretary
7. Need to appoint auditor if the company is non-exempt private company

There are instances where people went online to set up themselves without all the items above properly attended to and ended up paying extra to engage professional to fill up the gap.

Benefit of getting accountant to set up for you is that they will also advise you on Singapore taxation, the tax incentive available to new start up and even choosing the correct financial year end. The saving that you can get can amount to $18,000 if the company is able to generate $100,000 chargeable income in the third year of operation.

Hence it is always worthwhile to pay for professional services and we, CoSeClinic Group of Companies, are confident that we will be able to do a good job to get your company incorporate in Singapore and also save tremendous amount of tax by giving you our professional advice.   

CoSeClinic Services Pte Ltd

Staring a business in Singapore is real easy. It only takes, on a worst case scenario, a few days to complete registering a new company in Singapore.

The core concern and focus of your upcoming business shouldn’t be on the procedural steps to setup a company (Singapore Company Registration). 

It is really about your customers. Starting a business, before anything else, is really about your market research and evaluation. The very first question should be “Is there a demand or need that my target audience group will need my products and services”?

It will be very helpful to first understand about your target market needs and demands. Trust me on this one!

Kin Lee

Don’t worry if you have troubles setting up a company in Singapore; we, CoSeClinic, are here to help. Incorporation of a company in Singapore is easy. All that you need is just a minimum paid up capital of just $1, at least 1 shareholder and, 1 director who must be a Singaporean, Singapore permanent resident or Singaporean employment pass holder. Furthermore, incorporation time is short, ranging from 1 to 5 days, depending on time taken for name approval.

Here, at CoSeClinic, we will help you to take care of all the nitty-gritty details, allowing you to concentrate on carrying out your business. Hence, if you decide to incorporate a company in Singapore, CoSeClinic is a premium choice service provider for you.

Xiu Ling, Intern Student

Welcome to CoSeClinic’s corporate blog. CoSeclinic group of companies is a one stop business solutions for all your corporate needs in Singapore.

From Registration of a new company in Singapore, company secretarial services, to Singapore corporate taxes, and everything in between. 

We have just began our blogging adventure. Have fun reading our posts.

CoSeClinic. Your One Stop Business Solutions in Singapore