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Follow on Google News | How to Start a Company in SingaporeWhether you are considering i (https://onestop- The company being formed should be registered with the Accounting and Corporate Regulatory Authority and should be able to abide by the companies Act. The minimum requirement when considering formation of company includes; having at least one shareholder, one resident director, one company secretary, an initial amount of paid-up share capital of at least Singaporean $1 and a registered physical address in Singapore. As you consider formation of company, you should begin by choosing a business name and ensure that the name is approved by the registering body. The proposed business name can be rejected if it's considered undesirable or if it's similar to the trademarked names. When you engage a company such as onestop-ca.com for incorporation of company, you can be assured of getting quality service as they have a team of professionals that can serve as resident directors and company secretaries. It's important to note that either a person or a corporate entity can become a shareholder either by subscribing for shares within the company or by purchasing the company shares. A shareholder or director can either be the same person or different people and such should be taken note of during incorporation of company. During incorporation of company, having a company secretary is part of the requirement and should be taken note of. The person engaged for the task plays such a vital role in the operation of the company and that's why engaging a professional firm for such positions can be of great help. The governance of a limited company is based on the organization's constitutional documents such as the Articles of Association and the memorandum of Association. If you need assistance in building your own business in Singapore, OneStop Professional Services, Singapore's finest CA team is here to help you. End
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