Company Registration and Incorporation Services
Navigating the process of company registration and company incorporation can be complex. But with the guidance of seasoned experts, it becomes a seamless endeavor. Our team of company registration professionals possesses extensive expertise in establishing companies in Singapore and in Asia, empowering you to accelerate your business objectives without unnecessary hurdles.
Company Incorporation & Company Registration Services in Singapore and Asia
Before diving into the world of business, a key decision you’ll need to make is determining the most suitable legal structure for your venture and selecting the right corporate services provider to help you navigate the process. Company incorporation options include private limited companies, partnerships, sole proprietorships, branch offices, or representative offices, with the choice varying based on the jurisdiction.
Private Limited Companies
Private limited companies have emerged as the most prevalent and widely adopted business model in the region.
Private Limited Company provides a flexible and scalable business structure suitable for small to medium-sized enterprises (SMEs).
Facts about Private Limited Companies:
Shareholders: A Private Limited Company can have 1-50 shareholders, depending on the jurisdiction. The exact number may vary by country’s regulations.
Directors: Typically, at least one director must be ordinarily resident, meaning they are citizens, permanent residents, or hold appropriate work permits in the country of incorporation.
Corporate Taxation: Corporate income tax rates vary by jurisdiction. For example, in Singapore, corporate income tax rates range from 0% to 17%, depending on the company’s chargeable income and eligibility for tax incentives.
Perpetual Existence: A Private Limited Company enjoys perpetual succession, meaning its existence is not affected by changes in ownership or management.
Property Transactions: A Private Limited Company can buy or sell property in its own name, separate from the personal assets of its shareholders.
Litigation: It can sue or be sued in its own name, with legal proceedings directed towards the company rather than its individual shareholders.
Liability: Shareholders’ liability is limited to the amount they have invested in the company. The company itself is responsible for its losses or debts.
Share Transfer: Transfer of ownership of shares in a Private Limited Company can be relatively easy, subject to any restrictions outlined in the company’s Articles of Association.
Credibility: Private Limited Companies often enjoy credibility among investors, financial institutions, suppliers, and customers due to their structured governance and limited liability protections.
Tax Benefits: As a tax resident, a local Private Limited Company may be eligible for various tax benefits and incentives offered by the authorities, which can vary based on the jurisdiction and the nature of the business activities.
Sole Proprietorships
One of the simplest forms of business structure where a single individual owns and operates the entire business. The process of registering a sole proprietorship can vary depending on the country and local regulations.
- Choose a Business Name and ensure it complies with local naming regulations.
- Business License and Permits
- Tax Registration
- Open a Business Bank Account. This can help with accounting, tax reporting, and financial management.
Branch Offices, or Representative Offices
The process of incorporating a branch office or representative office for a foreign company can vary depending on the country where you intend to establish the office.
General overview of the steps involved in incorporating a branch office or representative office:
Research and Planning. Consider factors such as business laws, taxation, employment regulations, and licensing requirements.
Select a Location. Choose a suitable location for your branch office or representative office. Consider factors such as accessibility, proximity to clients or partners, and local business environment.
Legal Requirements. This includes obtaining permits, licenses, and approvals from relevant government authorities.
Register with Authorities. Prepare the necessary documentation and submit an application for registration with the appropriate government authorities.
Appointment of a Local Representative. In some jurisdictions, you may be required to appoint a local representative or agent to act on behalf of the branch office or representative office.
Bank Account. Open a bank account for the branch office or representative office to facilitate financial transactions and operations.
Tax Registration. Register the branch office or representative office with the local tax authorities for taxation purposes.
Compliance and Reporting. Ensure ongoing compliance with local laws, regulations, and reporting requirements. This may include filing annual reports, maintaining corporate records, and fulfilling tax obligations.
Benefits of a Private Limited Company
Easily Register your Company with us
We can assist you in the setting up of entities in the following jurisdictions:
✓ Singapore
✓ Hong Kong
✓ Malaysia
✓ British Virgin Islands
✓ Cayman Islands
✓ Seychelles
Please contact us if you need further advice on how to form a company.
Why Choose Ledgen?
When you partner with the Ledgen Group, you’re backed by a team of professionals who are well-versed in the intricacies of company incorporation and company registration dedicated to supporting your business as it expands in the dynamic Asian market. Our comprehensive approach ensures you receive expert guidance and resources to overcome challenges and seize opportunities throughout your business’s development in this bustling region.
- Expertise: We are well-versed in the local regulatory requirements and procedures. This ensures that your company is set up correctly and efficiently, minimizing the risk of costly mistakes.
- Time Savings: By outsourcing these tasks, you free up valuable time that can be better spent on core business activities. Our team can handle the paperwork, filings, and coordination required for company registration, allowing you to focus on growing your business.
- Reduced Administrative Burden: Managing the administrative aspects of company incorporation and registration can be overwhelming. Outsourcing these tasks relieves your team of this burden.
- Compliance Assurance: Singapore has strict regulations and compliance requirements for businesses. Outsourcing ensures that your company remains compliant with all legal and tax obligations. We stay updated with changes in laws, reducing the risk of non-compliance and associated penalties.
- Access to Resources: Get access to a network of resources, including legal and financial experts, that can offer guidance and support throughout the incorporation process. This can be especially valuable if you’re unfamiliar with the local business environment in Singapore.
The Ledgen Group’s assistance doesn’t stop with company incorporation & company registration. We remain committed to providing all-encompassing solutions tailored to our client’s needs at every stage of their business journey, from the initial incorporation to regional growth across various countries.
Company Incorporation & Registration Guides and Insights
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