Thursday, 12 February 2015

How to set up a company in Singapore

Are you keen on setting up a business in Singapore

Singapore is very popular for start ups now especially so if you are coming from a technological background. Tech companies are very popular here because there are many educated persons with very strong tech backgrounds that you can take advantage of.

The government is also very keen on improving productivity and reducing the need of more foreigner workers and will therefore strongly support start ups that are able to achieve their goals of reducing reliance on manpower.

You need to have a local director if you require a Singapore company to be set up. Nominee directors can be appointed for a fee if you need it and that will allow you to operate without having to find someone you might know but instead pay someone to stand in the position but have no actual power to make decisions for your business.

You will also be required to figure out what is the shareholding now and how you want to structure the company in terms of the shareholding and this will allow the company to have the shares held by those who commit the most to the company. As the shareholders are the rightful owners of the company, the shareholders can get rid of the directors if they do not perform and this they must be aware.

4 comments:

  1. This blog look so good and the company good for business Set Up Company in Singapore

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  2. Company Incorporation in Singapore has never been this easy. Thank you for sharing such nice blog.

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  4. company incorporation in Singapore is a serious business and before starting a company get in touch with a professional service provider.

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