9 Basic Requirements for Company Incorporation in Singapore
When incorporating a company in Singapore, there are several basic requirements that you need to fulfill. These requirements are essential to ensure that your company complies with the legal and regulatory framework of Singapore. Here are nine basic requirements for company incorporation in Singapore:
- Company Name:
- Choose a unique and available company name for your business. The name should not infringe on any existing trademarks or businesses in Singapore. You can check the name’s availability and reserve it through the Accounting and Corporate Regulatory Authority (ACRA).
- Business Activities:
- Clearly define the primary business activities and objectives of your company. This information should be included in your Memorandum and Articles of Association (M&AA).
- Shareholders:
- Have at least one shareholder. Shareholders can be individuals or corporate entities, and they can be local or foreign residents. There is no maximum limit to the number of shareholders.
- Directors:
- Appoint