How this package works
About this package
This incorporation package is designed for Non-Residents who wish to setup a company in Singapore and relocate here. The main components of this package are:
- set up a Private Limited Company
- application for a EntrePass Work Visa
3-step process
Step 1
Prepare business plan and submit application for Entrepass
Step 2
Upon Entrepass approval, register company and open bank account
Step 3
Commence business operations and relocate to Singapore
Company Registration
Requirements of a limited liability company
- At least 1 shareholder
- At least 1 resident director (Singapore citizen, permanent resident or employment pass holder)
- 1 locally resident Company Secretary
- Minimum paid-up capital of ONE share in any currency of any denomination (eg S$1)
- A local registered office address
Company Registration fees include following services:
- Government Fees for company registration
- Company name verification and reservation
- Preparation of Memorandum & Articles of Association
- Preparation of registration forms
- E-Certificate of incorporation
- Preparation of compliance corporate kit, including corporate seal, share certificates, register and minutes book
- Minutes of first board meeting
- Common seal
- Resolution to open a bank account
Entrepass Eligibility Criteria
Criteria for Singapore EntrePass
The Singapore EntrePass is issued by the Ministry of Manpower and they are the approving authority for all applications. Among other considerations, the key eligibility criteria is as follows:
- You must have a track record running a successful business in your home country
- A Business Plan for the new company prepared according to the ministry’s guidelines
