Company registration procedure in Singapore consists of two simple steps:
Company Name Reservation
Before registering a new company in Singapore, the company name must be reserved. Therefore, application to reserve your proposed company name must be filed first. If the proposed company name does not conflict with any existing names and does not fall into the category of undesirable names, it should take only 10-15 minutes to get the company name approval. Once approved, the name will be reserved for you for 60 days from the date of approval.
Incorporation of the Company
The online application to register a company can be filed after approval of the company name has been obtained. The following information must be provided as part of the application:
- Details of business activities
- Details of the shareholder(s) and the shares issued to them
- Details of the company director(s)
- Details of company secretary
- Details of registered office
- Signed Constitution of the Company
If you use a professional services firm, the firm can assist in ensuring that the information in your application is accurate and complete. If everything is in order, the incorporation application will be processed within a few minutes and you will receive a notice of incorporation via email. Note that the incorporation approval can take longer if the application is referred for additional review by the company registrar.