Singapore

General Information  
Company Law Companies Act 1994 (amended in 2002)
Type of Company Private company
Language of Legislation and Corporate Documents English 
Taxation of Foreign Profits Varies 
Exchange Controls No 
Length of Time to Incorporate 1 week  
Shelf Companies Available No 
Corporate Names  
Name Restrictions Offensive names  
Endings and Abbreviations Required Must contain the words "Limited" or "Berhard", and "Private" or "Sendirian", or its abbreviations 
Length of Time to Verify Name Availability Two days  
Reservation of Names Permitted Yes 
Language of Name English 
Name of Banks, Insurance, Investment Fund, Trust Company or their equivalents requiring consent or license Yes 
Capital and Shareholders  
Minimum Number of Shareholders One 
Local Shareholders Required No 
Corporate Shareholders Permitted Yes 
Disclosure of Shareholders Yes 
Minimum Authorised Capital Required Yes 
Bearer Shares Permitted No 
Registered Shares Permitted Yes 
No Par Value Shares Permitted No 
Directors and Officers  
Minimum Number of Directors One 
Qualifications of Directors Legal age 
Officers Required Yes
Corporate Directors/Officers Permitted No 
Local Directors/Officers Permitted Yes (sole director must be resident, if more than one directors are appointed at least one of them shall be resident)
Appointment of Subsequent Directors/Officers Resolution 
Meetings  
Annual General Meeting of Shareholders Required No
Annual General Meeting of Directors Required Yes 
Location of Directors and Shareholders Meetings Anywhere 
Adoption by Consent Permitted Yes 
Quorum required for purposes of meetings Determined by the Articles of Incorporation 
Local Requirements  
Qualified Registered Office/Agent Yes/No 
Government Register of Shareholders Yes 
Government Register of Directors/Officers Yes 
Government Register of Charges Yes 
Register of Directors/Officers to be kept at Registered Office Yes 
Company Seal Required Yes 
Copy of Minutes to be kept at Registered Office Yes 
Copy of Share Register to be kept at Registered Office Yes 
Annual Requirements  
Minimum Annual License Fee or Franchise Tax S$315 
Annual License Fee or Franchise Tax Due Date Anniversary's date  
Applicable Surcharges Minimum S$50. Penalties increase gradually based on the amount of days the company fails to present its annual return. 
Requirement to File Annual Returns Yes 
Requirement to Submit Annual Audited Accounts Yes 
Other Relevant Information  
Member of Apostille of the Hague Convention No 
Increase or Reduction of Capital By director's resolution 
Redomiciliation Prohibited Yes 
Reinstatement at Registry Yes  
Removal from Registry Voluntary winding up or applying to strike off of the company.