Find Possibilities of New Business Incorporation and Accounting Solutions in Singapore

For easy setup of your business in Singapore, you are suggested to hire services of genuine company incorporation service agencies operating in the country. Such agencies are vital sources to get new company setup in Singapore through legal process. You do not need to do anything, as the business service agencies in Singapore are will take charge on your behalf to launch a new branch of your company in the country and will follow up all legal steps involved in the company setup process directed by the ACRA and IRAS authorities in Singapore. But, you are advised to first follow up all legal requirements of company incorporation in Singapore wisely and become eligible for setting up new branch of company in the country.

Here are some necessary points to consider which you need to fulfill for company incorporation in Singapore such as:

1. Company’s Name: In the process of new company incorporation in Singapore, your first step comes in the form of company’s name. You are supposed to setup a genuine and unique name of your company that should not match with name of other organizations in Singapore. Besides, you need to apply for registration of company’s name through ACRA authority as well. Do follow all steps for setting up name of the firm through legal process.

2. Directors and Shareholders: It is also significant to submit complete information and details about company’s directors and shareholders to the higher authority of Singapore for verification process. Make sure, there are not more than 50 shareholders of the company. Also, the director of the company should be a Singaporean or has valid PR pass or residency pass of the country to stay in the country.

3. Company’s Business Details: You will also have to give complete details of company’s business to the ACRA authority such as accounting, address, business plan, bank account, website, contact details, etc. Make sure, all the details are genuine and have been approved by the concerned departments of the country as well.

4. Required Amount: Before you are going to launch a new company setup in Singapore, you are supposed to have at least shared capital up to 1MS$. Thus, you can pursue for the company incorporation process in the country.

5. Company Secretary: After completion of your company’s setup process, you will have to hire a professional company secretary in-house too. It is a mandatory norm to hire company secretary in the company after completing six months of its registration.

Thus, above are genuine requirements of a company incorporation or setup to be done in Singapore through legal process. If you are still unable to manage all above requirements on your own, you should apply for company incorporation services in Singapore offered by the authorized business solution agencies in the country. At such agencies, you will find all possible solutions related to the company’s information and its accounting, taxation, and rest of the legal matters as well.

There are legal professionals in-house the agency, who will take care of your company incorporation project and will follow up all legal norms of ACRA authority to accomplish all the requirements for applying the same on behalf of your company’s directors.

Similarly, if you do not know how to do ACRA filing, you should contact to the genuine accounting services agencies in the city. At such stop, you will definitely get right solutions of ACRA return filing and knowledge of its procedure too. Thus, there is huge scope to get new business setup and its accounting works to get done through genuine business solution providing firms operating in the country.