Xignam Incorporation Services: Paving Your Path to Business Triumph in Singapore
Considering incorporation or broadening your business scope in Singapore? Depending on your commercial goals, various pathways are available for exploration.
Singapore’s status as a key entry point to South East Asia positions it as a premier location for international businesses aiming to initiate or strengthen their presence in this region.
For non-Singaporeans aiming to establish their enterprise in Singapore, it might be beneficial to consider utilising incorporation services in Singapore through a professional agency for company registration.
Key Reasons to Choose Xignam for Your Singapore Incorporation Services
Choosing Xignam for incorporation services in Singapore offers several advantages, tailored to meet the needs of businesses looking to establish or expand their presence in this strategic hub:
Comprehensive Service Spectrum
Xignam offers a wide range of incorporation services in Singapore, including company formation, registration, licensing matters, and assistance with legal agreements and contracts, ensuring a one-stop solution for all incorporation needs.
Expertise in Local Regulations
With a deep understanding of Singapore’s regulatory environment, Xignam provides guidance on navigating the complexities of local laws, ensuring compliance and smooth operation for businesses.
Value-Added Partnerships
The firm prides itself on curating partnerships that deliver additional value to clients, enhancing the incorporation experience with supplementary services and resources.
Dedicated Support for Non-Singaporeans
Recognizing the unique challenges faced by foreign entrepreneurs, Xignam specialises in assisting non-Singaporean clients with the incorporation process, offering tailored support that caters to their specific needs.
Corporate Services by Xignam: Incorporation, Secretarial, and More
What Can Xignam Help You With?
- Company Formation, Registration & Licensing Matters.
- De-Registration & Striking Off Businesses.
- Legal Agreements & Contracts.
- Application of Work Passes.
- Drafting of Business Proposals.
- Registered Virtual Office.
- Trademarks & Patents.
- Company Secretary Services.
Pursuit of Excellence and Concrete Results
Book Your Complimentary Consultation Today
Take the first step towards your business’s future in Singapore with our expert incorporation services — contact us today for personalised assistance!
Incorporation Services
FAQ
- 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.
A BVI company usually entail the following benefits:
- Low incorporation costs and annual maintenance fees.
- Does not require a local secretary.
- No annual return or audit of financial statements by external third parties.
- No minimum capital required.
- Income is exempted from local tax.
- No withholding tax.
Only eligible candidates will be considered for an Employment Pass. Criteria include a minimum salary of S$3,600 and acceptable qualifications. The Employment Pass is for foreign professionals who:
- Have a job offer in Singapore.
- Work in a managerial, executive or specialized job.
- Earn a fixed monthly salary of at least S$3,600 (more experienced candidates need higher salaries).
- Have acceptable qualifications, usually a good university degree, professional qualifications or specialist skills.
Application for an Employment Pass is open to all nationalities. Prior to application, utilize the Self-Assessment Tool (SAT) to verify the candidate’s eligibility for the pass. https://www.mom.gov.sg/eservices/services/employment-s-pass-self-assessment-tool
Note on salaries:
- Young graduates from good institutions can qualify if they earn at least S$3,600.
- Older, more experienced candidates need higher salaries to qualify.
Note on acceptable qualifications:
- MOM does not have a list of approved institutions. Instead, they evaluate each application on its own merit, based on a wide range of criteria such as global and country rankings, and enrolment standards.
- Candidates without acceptable qualifications may not necessarily be rejected. Similarly, having acceptable qualifications does not guarantee approval.
- MOM also looks at other factors such as proven track records and exceptional skill sets on a case-by-case basis.