One IBC: 4 quick and effective steps to register company in Singapore

Contact One IBC to get fully supported in registering offshore companies in Singapore fast and efficiently.

Incorporation procedure of Singapore companies with One IBC

Step 1: Choose your company type

The first thing you need to do is decide your company type that suits best your needs. In general, Singapore’s CIT rate is 4.5% for the first US$100,000 of income; 8.5% for the next US$100,000 US$100,000 of income and 17% on income over US$200,000. Some popular company types in Singapore are:

• A Private Limited Company (Pte. Ltd) is the first choice of the businesses and investors. A Private Limited Company also allows them to enjoy numerous tax incentives and supportive policies for local companies.
• A Sole Proprietorship is the simplest company type to set up and operate for foreign investors.
• A Public Limited Company is considered as a separate legal entity and has similar characteristics to a public company: a company that makes extensive public offering its shares or securities to the public in a stock exchange center.

Step 2: Prepare your company kit

After choosing your desired company type, please send the information to One IBC so we can set up company kit for you business:

• Name the business: Please give us 3 proposed names for the business in priority order. To increase chances of getting approved by ACRA, your proposed business names must be valid, unique, and not infringe any copyrights.
• One IBC will show you how to download forms for your company kit, and provide necessary consultancy according to your company type.

Singapore is a dynamic and most developed city in Asia

Step 3: Register your company

After collecting all information for your incorporation application, One IBC will register your Singapore company with ACRA.

Before we register, please pay off charges for One IBC, including: company formation service fee, additional service fees if any (eg. office services, account opening services, etc.) via online payment or bank transfer.

• If clients want to set up companies in Singapore urgently, we offer the “Urgent” option with 1-day processing time and US$250of additional fee.
• One IBC shall continue to register your offshore company with ACRA according to the information provided by you.

Step 4: Complete your order

Once your registration is successful, your business is now officially allowed to do business in Singapore, the registration comes along with the Unique Entity Number (UEN) provided by ACRA for each particular business.

• One IBC receives documents via email and delivers them to your desired address using express shipping.
• As registering for necessary business licenses and permits, companies will use the UEN code provided to declare taxes, register offices and operate legally in Singapore.
• One IBC supports you in opening bank accounts, offices upon your order and provides helpful after-sales services.

One IBC’s expert team has many years of experience in register company in Singapore

“To build and maintain a strong brand, businesses should constantly change and grow. Expanding the market in Singapore will help Vietnamese businesses raise their brand value in the international market. This is one of the key factors leading to the success ", said Mr. Bui Duc Tue - Director of One IBC.

With various services, One IBC can help you register a company in Singapore easily and quickly.