What are the requirements to set up a company?

• Appoint at least one resident director.
• Appoint at least one shareholder.
• Appoint at least one secretary within 6 months of incorporation.
• Minimum paid-up capital of S$1.
• Designate a local registered address for the company.
• Put together a Company Kit with documents that detail the following:
  • Company name.
  • Brief description of business activities.
  • Shareholders’ particulars.
  • Director’s particulars.
  • Company’s secretary particulars.
  • Memorandum and articles of associations.

It is also important to note that under Singaporean laws, foreign entities/individuals must engage a professional firm to register a Singapore company.