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Company Incorporation & Corporate Secretarial Service

Trusted Business Incorporation & Corporate Secretary Service in Singapore

Set up your Regional Headquarters in Singapore today and tap into the US$1.2 trillion consumer market in the region. 

95% of foreign companies with intention to capture the regional market establish presence in Singapore for the following reasons: 

  • Conduct of overseas trade activities and take advantage of her rich Free Trade Agreement (FTA) network 
  • Manage international or regional operations as an International or Regional HQ
  • Manage investments via holding company structure
  • Intellectual property protection, management and commercialisation out of Singapore’s set up 
  • Establish research and development center or acquiring technologies 
 

Cambridge Advisers’ team of company secretarial experts, business consultants, legally-trained professionals, and chartered accountants offers a broad range of expertise in all corporate matters. Leverage our Singapore tax, accounting, business consultancy and corporate secretary services to handle your administrative functions efficiently so that you can focus on your business strategic growth.

Cambridge Advisers is a registered filing agent under section 28F of the Accounting and Corporate Regulatory Authority Act (ACRA). In addition, our team also comprises Chartered Accountants registered with ISCA. We are also licensed by the Ministry of Manpower to professionally assist in employment pass applications. Such unique and complete complementary expertise can not only ensure you comply with Singapore strict regulations but also provide timely and professional advice as you grow your business in the region.

We could help you incorporate your company, including but not limited to investment holding structures, trading companies, subsidiaries, representative offices, offshore entities, and the newly announced Variable Capital Company (VCC).

Our corporate secretarial services include the following:

  • Comply with Singapore regulations in company incorporation
  • Preparation & submission/filing of annual return
  • Appointment and resignation of company directors/company secretary/auditors/officers
  • Updating of statutory records with ACRA (including Change in officers’ particulars, Change of company name, Change of registered business address)
  • Holding of AGM (Annual General Meeting) and filing of annual return
  • Declaration and distribution of dividends
  • Share capital reduction
  • Issuance and transfer of Ordinary and Preference shares
  • Change of financial year end
  • Change of principal business activities, therefore SSIC Codes
  • Registration of CorpPass
  • Filing of Register of Registrable Controllers (RORC)
  • Monitoring of reporting deadlines and submission of statutory returns with ACRA
  • Updating of statutory records with ACRA
  • Provision of ad-hoc advice related to general corporate secretarial matters

Customer-centric Business Advisory and Corporate Secretary in Singapore

Cambridge Advisers  specializes in business incorporation and corporate secretary services in Singapore. Our qualified company secretaries and business consultants will support you with everything you need to set up business in Singapore while complying with the local regulations. We offer quick, accurate, and reliable Company Incorporation and Corporate Secretarial Services.

Whether you’re an entrepreneur looking to register your company, a foreign company needing to set up a subsidiary or branch office in Singapore, or an individual who needs help with the processes of incorporation, we can help. Cambridge Advisers provides outsourced company incorporation, corporate secretarial services and a whole suite of business services so you only need to focus on your core business aspects. 

Why set up company in Singapore?

Singapore’s strategic location in the heart of Southeast Asia, coupled with its political stability and well-developed infrastructure, makes it an ideal hub for businesses looking to expand into the Asia-Pacific region. Additionally, Singapore’s low corporate tax rates, extensive network of free trade agreements, and efficient regulatory environment make it a highly attractive destination for investors and entrepreneurs alike.

Key Steps to Incorporate a Company in Singapore:

  1. Choose a Business Structure: Before incorporating your company, it’s important to decide on the most suitable business structure. Common options include a private limited company, sole proprietorship, partnership, or limited liability partnership. Each structure has its own advantages and implications in terms of liability, taxation, and compliance requirements.
  2. Reserve Your Company Name: The next step is to choose a unique name for your company and ensure that it complies with Singapore’s naming guidelines. You can check the availability of your preferred name using the online search tool provided by the Accounting and Corporate Regulatory Authority (ACRA).
  3. Appoint Directors and Shareholders: Every Singapore company must have at least one director who is a resident of Singapore. Additionally, you need to appoint at least one shareholder, who can be an individual or a corporate entity. Directors and shareholders can be Singapore residents or foreigners.
  4. Register Your Company: Once you have finalized your company structure, name, and appointed directors and shareholders, you can proceed to register your company with ACRA. This involves preparing the necessary incorporation documents, such as the memorandum and articles of association, and submitting them online through ACRA’s BizFile+ portal.
  5. Obtain Necessary Licenses and Permits: Depending on the nature of your business activities, you may need to obtain specific licenses or permits from relevant government agencies. These could include permits for operating certain types of businesses, licenses for importing/exporting goods, or approvals for regulated activities such as financial services or healthcare.
  6. Open a Corporate Bank Account: To facilitate your business transactions, you’ll need to open a corporate bank account in Singapore. Choose a bank that offers the services and features that best suit your business needs, such as multi-currency accounts, online banking facilities, and competitive transaction fees.
  7. Comply with Tax and Regulatory Requirements: As a registered company in Singapore, you’ll need to fulfill various tax and regulatory obligations, including filing annual returns, maintaining proper accounting records, and paying corporate taxes. Familiarize yourself with Singapore’s tax system and engage a qualified tax advisor to ensure compliance with all applicable regulations.

Incorporating a company in Singapore offers numerous benefits and opportunities for entrepreneurs or foreign companies seeking to establish a presence in Asia’s thriving business landscape. By seeking professional guidance from companies like Cambridge Advisers, you can set up your company in Singapore with confidence and position it for long-term success. Take advantage of Singapore’s business-friendly environment and embark on your journey of international expansion today!

Types of business structures

Generally, for businesses operating in Singapore, these are the main types of business structures to choose from. They are:

  • Company (Exempt Private Company)
  • Branch, Representative Offices
  • Sole-Proprietorship (one owner) or Partnership (two or more owners)
  • Limited Partnership (LP)
  • Limited Liability Partnership (LLP)
  • Variable Capital Company (VCC)

Companies are generally suitable for operating and investment holding companies alike, as companies are allowed to take advantage of an extensive network of tax treaties between Singapore and other jurisdictions. Foreign companies also typically use Singapore as an overseas headquarters (HQ) to expand into ASEAN and beyond, and eligible Regional HQ and International HQ can qualify for tax incentive schemes offered by Singapore Economic Development Board (EDB).

Contact us for a free consultation today!

Frequently Asked Questions

Cambridge Advisers is a professional service company offering business incorporation services in Singapore. We help international clients to set up company in Singapore and ensure compliance with all relevant regulations in Singapore. Our business incorporation experts guide clients to select the most suitable business structure,  handle all aspects of the company incorporation process in Singapore, from preparing and filing the necessary documents with the appropriate authorities to obtaining the essential operating permits and business licenses.

Outsourcing your company’s secretarial duties will save you time and money. It’s especially perfect for entrepreneurs who live outside of Singapore or those who are foreign residents in Singapore.

The process of registering and maintaining a business here can be difficult, with lots of paperwork. That’s where we come in. We can create the company, maintain records and fulfill ACRA regulations all while saving you time and money.

Cambridge Advisers is selected as part of Singapore government's curated panel of professional service provider which specialises in helping foreign companies establish presence in Singapore. We focuses on providing corporate secretary services to companies (including regulated institutions and entrepreneurs) in Singapore by being their appointed secretaries and ensuring compliance with business-related duties. With specific services, such as company director/shareholder appointments and resignation/board meetings, we help entrepreneurs free up time and resources while they keep focusing on growing their businesses.

In addition, we also connect business owners with reliable banking partners for their smooth financing and banking services. We also help your management to apply the relevant work passes such as employment passes as we are licensed by the Ministry of Manpower. For more information or to register your interest, contact us today.

VCC is a legal entity type for all types of Singapore domiciled investment funds. A VCC can be formed as a single standalone fund, or as an umbrella fund with two or more sub-funds, with each sub-fund holding different assets and liabilities.

Please refer to the VCC legislation released by Monetary Authority of Singapore (MAS) for more information.

Singapore VCC provides flexibility in issuance and redemption of shares (at net asset value) without the approval of members/shareholders, as well as the payment of dividends. The ability to pay dividends from capital affords fund managers the flexibility to meet their dividend payment obligations. These features often make VCC an attractive structure for investment funds.

Here are a few prerequisites to incorporating a new VCC structure:

The VCC must be managed by a Permissible Fund Manager (e.g. a Singapore based licensed fund manager) . At least one director representing the fund manager must be a Singapore resident

  • At least one director of the VCC must be ordinarily resident in Singapore. This means that Singapore citizens, Permanent residents, or holders of an Employment Pass (subject to the Ministry of Manpower’s letter of consent), with a local residential address, may qualify;
  • The VCC must appoint a Singapore based company secretary and have a registered office in Singapore
  • The VCC must be subject to audit by a Singapore based auditor
  • The VCC must appoint a Singapore fund administrator if it is applying for the S13O/U Tax Incentive Schemes