SINGAPORE

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Brief Introduction
Singapore is a beautiful country focusing on international finance. The government encourages Singapore enterprise to make foreign development, also tries best to attract the investment of foreign enterprises. And Malaysia, America, Japan, Kongkong , China and Taiwan are major trading partners. 
Singapore has the world’s top-ranking port and international airport , possesses complete communication and free economic system .It’s the famous international trading center, more and more entrepreneurs around the world set up companies or business organization , etc. In order to develop Asian market conveniently as the business management center of Asia –Pacific Region. With the signing of the new American Free Trade Agreement, the bilateral free trade between Singapore and America without tariff provides a favorable opportunity of the traders of Asian countries to export goods to America. Therefore, Singapore will be the real intermediary trade place of Asia. The company incorporation in Singapore can reduce the cost of tariff, which will be considered necessarily for the traders. 

Although Singapore gives us a general expression of severe regulation, actually , it is a group of islands governing elaborately . It has no phenomenon of corruption in politics and possesses high transparent business environment . Therefore, Singapore government pays high attention to the businesses and endeavors to protect the investor’s interests in a real sense. Company Law in Singapore is generally the same as the Law in England. It divides the company into PTE LTD, listed company and branch of foreign company, among these types , PTE LTD is the main type of the foreign enterprise. 

Advantages and Features
1. It’s honored as the safest business country in Asia;
2. It’s the best international financial center without foreign exchange control;
3. Produce international brand and promote the popularity and competitiveness of the enterprise;
4. Enjoy the low tax rate (6%-8%), for the offshore business, enjoy the free tax  
5. Realize the asset transfer and protection;
6. Enterprise business transformation, such as internal trade transfers to external to get more tax reduction;
7. Get the opportunity to immigrate Singapore, if have real business and pay tax;
8. To apply for work permit in local area;
9. Sign the International Agreement on Prevention of Double Taxation with 40 countries , including China. 

Singapore Company Incorporation                                                                                                                                

General Requirements
Type of Company	Private Limited Company
Type of Law	Common Law
Time to establish	20-25 working days
Tax on Offshore Profits	Exempt
Foreign Exchange	No
Corporation Requirements
Company Name	Name  ended with Pte Limited or Ltd
Registered Captial	s$100,000
Min Number of Director(s)	At least one, can be a natural person; Copy of ID card of Passport; Valid address proof;
Min Number of Shareholder(s)	At least one, can be either a natural person or a legal entity ; Copy of ID card or Passport ; Valid address proof; Registered proportion of share
Local Registered Office and Registered  Agent Requried	Yes
Company Secretary Required	Yes,must be local and qualified
Local Directors	Yes
Annual Requirements
Annual Return	Yes
Registered Address and Registered Office Renewal	Yes
Record of Directors and Shareholders	Yes
Sumbit Audited Accounts	Yes
Annual General Meeting	Yes, but can be conducted anywhere

More sercvies related to offshare company Incorpoaration and Annual Return, please contact Oden Consulting Firm via (86)021-6199 7083/ Email: master@odenchina.com 

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Email: master@odenchina.com
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