5 simple steps are needed to incorporate your company in Singapore
Complete our application form – Singapore
Sign corporate services agreement
Upload your documents
Complete KYC Process
Pay fees (please advise possibility of paying fees online via credit card, bank transfer etc)
Incorporate your company successfully
Each of the above process must be done one after another continuously and should be a “ link” upon clicking should open the application form with an option to add attachments as required.
Re-domiciliation refers to de-registering a company in one jurisdiction and re-registering in another jurisdiction without losing its continuity. It has the advantage of continuity : while it is amending its registered address, the company doesn’t cease to exist; there is no interruption or disruption to business, and the company keeps its original date of incorporation. In a nutshell, the company continues to exist but has simply migrated to another jurisdiction!
Why do that ? simply because the original reasons why a company was incorporated in a particular jurisdiction might no longer be valid, and another jurisdiction may present advantages that the original jurisdiction does not.
It is clearly easier for a company to apply to continue in another jurisdiction than to wind-up the said company and transfer each individual asset, corporate contract or item of property to a new company.
The process assuming that both jurisdictions allow the continuation procedure, the company would have to submit documents such as a special resolution confirming the company’s intention to migrate, the articles of continuation, a director’s solvency statement and a registered corporate secretary and tax agent consent letter. Other documents may be required depending on the complexity of the case, but generally, the whole process can be completed in about 30 days. Should you wish to re-domicile your company, please contact ATYA. We have over 10+ years of experience.
ATYA will take over the full administrative management of your company from your agent
A formal Dissolution is the legal process by which a company ceases to exist. To voluntary dissolve an International Business Company (IBC) it is necessary to follow all the following steps.
To start the Dissolution process which may take about 6 months (or more based on complexity), a declaration of solvency and proof that the company does not have any asset or liabilities will be required.
Thus if an IBC does not have any assets or liabilities, it will have to submit:
The above documents must be sent to the company secretary within 14 days of passing of the resolution, who will prepare and submit a request, together with extract of the resolution and plan of dissolution to ACRA.
ACRA will register the dissolution and thereafter publish a notice in the local news paper within 15 days of the registration .of the dissolution. Winding will be gazetted by ACRA.
located at the southern tip of the Malay Peninsula and made up of 64 islands. It lies 137 kilometers (85 mi) north of the Equator, south of the Malaysian state of Johor and north of Indonesia's Riau Islands. With 704.0 km² (272 sq mi), it is one of the few remaining city-states in the world and the smallest country in Southeast Asia. Despite its small size, Singapore has a population of slightly over 5.6 million people, of which over half were born locally. Size: 100 x 35 miles (160 by 56 kilometers)
Singapore Standard Time (SST) or Waktu Piawai Singapura (WPS), also known as Singapore Time (SGT), is used in Singapore and is 8 hours ahead of UTC (UTC+08:00).
Singapore has been independent since 1965. It is one of the most economically and socially developed countries in the world. Also called, "The Switzerland of Asia" because of its high quality of life, Singapore has experienced exceptional growth thanks to its particularly advantageous maritime position, which has allowed it to become a real financial and trade hub between the Pacific and Europe.
The economy of Singapore is primarily based on banking and financial services, the electronics industry, the Creative Technology, and the maritime sector; its port is ranked in the premier class in the world in terms of exports and oil.
Singapore’s political system has been remarkably stable since independence. It is a republic with a parliamentary regime, and the city-state practices economic liberalism.