Hire the most effective and functional accounting firm in Singapore!

In this current scenario of the digital age, many difficulties are being experienced by Singaporean business owners. They have to concentrate exclusively on their primary business goals to remain competitive. Accounting services Singapore along with the tax services Singapore are a significant field in which the corporation has to administer its wealth of services such as accounting, taxation, and many other financial services.

Often the process of selecting an accounting firm Singapore can be a challenging job, it can seem similar to choosing a well-founded and reputable organization for your business. 

For all your account-related and company incorporation issues, we provide small and medium-sized companies in Singapore with accounting and bookkeeping services. We're Singapore’s largest accounting service.

Steps for company registration in Singapore

It's very straightforward to set up a company in Singapore, you just have to obey the rules and laws set up by the government. Read below to know more about the company incorporation Singapore:

The first process in business registration Singapore is to choose a unique name for your company and see if the name you have selected is available. This occurs when you send a question to ACRA (the government-owned agency that looks after the country's new business registrations), which will cost you around S$15.

Key essentials to company registration Singapore

• Shareholders- Individuals and corporations are both eligible to become shareholders. Only 50 of them need to own a private Singaporean corporation. International citizens and companies too can own shares.

• Directors- You are expected to have at least one local director for your business (who is a resident of Singapore). A citizen of Singapore, a permanent resident, an Employment Pass, maybe the local director assigned. 

• Company Secretary- Each business must have a company secretary Singapore,  who is responsible for monitoring changes in the company, writing reports, and reporting to the government. The law states that within 6 months of incorporation, you have to name a secretary. A company secretary must be a citizen of Singapore, according to the Companies Act.

With the successful company registration Singapore with ACRA, it will release the following documents: 

A document indicating the incorporation of the company and the issuance of a Special Entity Number (UEN) on the date of incorporation of the company. In Singapore, this e-Certificate is appropriate and is approved for all corporate needs, such as opening a bank account, communicating with other parties, etc.

Hire us!

Hiring the right accounting firm Singapore is the most important thing. We are the specialists in accounting solutions, with extensive experience in Singapore with all-important accounting functions within a Singapore-based company, including secretarial services, business incorporation, preparation of tax filings, business registration, and many other corporate services. Karitas provides the most comprehensive accounting services in Singapore. Get in touch today!

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