2. Singapore plays an important role in international trade
Singapore plays an important role in international trade. In fact, a recent report by World Bank ranked Singapore as the best city in the world to start a business.

3. When considering the registration of a new company or relocation of your existing company to Singapore, you should be aware of few things. Below mentioned are the few:

4. Company Name: The name must be approved before incorporation of the Singapore Company can occur.
Directors: A minimum of one resident director (a resident is defined as a Singapore Citizen, a Singaporean Permanent Resident, or a person who has been issued an Entrepass, Employment Pass, or Dependent Pass) is mandatory.

5. Shareholders: A Singapore private limited company can have a minimum of 1 and maximum of 50 shareholders. A director and shareholder can be the same or a different person. The shareholder can be a person or another legal entity such as another company or trust.
Company Secretary: As per Section 171 of the Singapore Companies Act, every company must appoint a qualified company secretary within 6 months of its incorporation. The company secretary must be a natural person who is ordinarily resident in Singapore.

6. Registered Address: You must provide a local Singapore address as the registered address of the company. The registered address must be a physical address (can be either a residential or commercial address) and cannot be a P.O. Box.
Taxation: Singapore registered companies enjoy very attractive tax exemptions and incentives. Your company pays less than 9% for the first S$300,000 annual profits and 17% flat after that.

7. Contact Sandhurst Consultancy Today
Sandhurst Consultancy is a leading company registration specialist who has assisted many local and foreign businessmen in establishing a market presence through Singapore Company Formation.
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