Singapore company registration: A comprehensive guide
The company registration procedure in Singapore is fully computerised by Singapore’s Accounting and Corporate Regulatory Authority (ACRA) and can be done within the same day under regular circumstances.
This Post: Singapore company registration: A comprehensive guide
To register your Singapore company, you’ll need to go through two distinct steps:
1.
Name reservation
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In general, new company names are approved or rejected within an hour. The exception to this is if the proposed name has certain words (such as bank, finance, law, media, etc.) that might require the review and approval of a corresponding external government authority – in this case, the name approval may get delayed by a few days or weeks.
To get your proposed company name approved quickly, make sure that the name:
- is not identical or too similar to any existing local company names
- does not infringe with any trademarks
- is not obscene or vulgar
- is not already reserved
An approved name will be reserved for
4 months
from the date of application.
2.
Register company
Once the name has been approved and any duly signed incorporation paperwork is in place, company registration can be completed in a couple of hours within the filing of the incorporation request. In some rare cases, authorities might request for additional information from shareholders or directors of certain nationalities.
Need guidance incorporating your company in Singapore? Learn more about our incorporation services or contact our experts.
Source: https://bloghong.com
Category: en