Singapore Company Registration

Overview
Singapore Company can be divided into 3 categories as follows:

Private Limited Company
The maximum number of shareholders is 50.

Listed Company
The number of shareholders is 50 or more. Once approved by local governmental authorities, company can issue shares and bonds to the public to raise capital.

Singapore Branch of a Foreign Company
A foreign company can set up its branch in Singapore, with this setup involving only recording the branch instead of incorporation.

Advantages
Profits from offshore business that are not remitted in Singapore are not subject to any tax except submission of annual returns and accounts audited by local accountants every year
If the income of an exempted private company during one year does not exceed SGD5 million, the accounts during that year are not subject to audit
Singapore has signed investment and double-taxation protection treaties with many countries
A private company will be exempt from convening an annual meeting.
With no exchange control, it is easy to raise capital
There is a stable political, economic and trading environment

General Requirements
There shall be at least one director who must be a Singapore citizen holding permanent residence or with an employment visa
Company promoters shall include one person; subsequently there can be corporate shareholders (i.e. a holding company) holding shares
A local resident must be appointed to act as company secretary
Local registered address is required

Standard Authorized Capital
SGD500,000

Rerelevant Information and Time for Incorporation
English name of company
Copies of ID cards or passports of directors and promoters
Declaration of business scope
Registration of company (requires 14 days or so)
Purchasing a Shelf Company (requires 5 days or so)