Monday, February 20, 2012

Basic Things To Learn About Company Registration

By Justine Collins


Company registration in Singapore is not a difficult thing to do. All you have to do is to meet some basic requirements and to obtain the necessary documents and you're halfway there. The requirements you will need for such an endeavor include coming up with a business name, directors, stockholders, a company secretary, paid-up capital and a registered address.

There are several rules you should observe when putting together these requirements. To begin with, you'll need to come up with a company name that is different from any other registered entity in Singapore. In addition, you have to remember that your list of company directors has to have at least one resident in it. Directors should also be 18 years old or above, free of past convictions and not bankrupt.

What To Do After You Find A Company Registration Agency

Once you have your company all set up and ready, the next step you will need to take is to find a registration company that will help you. Registration companies that help you with company registrations and incorporations will tell you everything you need to know about this process. This will include what documents you will need to provide them, what the procedure and the timeline is, how much you will need to pay, and what will happen after your registration.

Some of the documents you will be required to submit include copies of the Singapore identity card of residents and copies of passports for non-residents. Those who are not from Singapore but are part of this company like directors and shareholders need to submit other documents as well. Documents like proof of residency coming from their own country, personal profiles, business portfolios, bank statements and reference letters are needed for this process.

Where To Find These Agencies

You can easily locate an agency in Singapore that specializes in company registration. It's even more convenient now thanks to the Internet. By checking out these sites, you can gain some useful information regarding company registration in Singapore, as well as what requirements are needed for this. There are agencies that offer registration packages and others that offer free consultations as well.




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