PAID-UP CAPITAL

• The minimum amount require to set up a Singapore Company is $1.00.
• It can be increased anytime after the company incorporation.

DIRECTORS

• According to the Singapore Companies Act, it can be incorporated with a Singapore Director.
• For setting up a Company in Singapore, at least one of the directors has to be a local resident, i.e. Singapore Citizen, Singapore Permanent Resident, Employment Pass Holder or Dependent Pass Holder.
• For foreign person who don't have a local person in Singapore to act as the local director, he can use our nominee director service to satisfy the requirement of a local director or he can act as the local director once his Entrepreneur/Employment/Dependent Pass is approved.

SHAREHOLDER

• For setting up a Company in Singapore, at least 1 shareholder.
• According to Singapore Companies Act, the foreign shareholders are allowed 100% ownership of a Singapore Company.

COMPANY SECRETARY

• According to Singapore Companies Act, the Singapore Company is required to appoint a company secretary within six months from the date of incorporation.
• The company secretary must be a Singaporean or Singapore Permanent Resident.

REGISTERED ADDRESS

• To set up a Singapore Company, it must have a registered address in Singapore.
• Company that does not have an approved registered address may apply to use the address of CoSeClinic.