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New Singapore Company Formation Faqs

Home > SINGAPORE Company Formation > New Singapore Company Formation Faqs

Registered Singapore company,I need to go to Singapore ?

No, you are not required to visit Singapore to incorporate a company. We can work with you via emails and document couriering in order to get the necessary work done. However for the bank account opening, a visit to Singapore might be a good idea. Almost all banks require an interview with the stakeholders and the process can go a lot smoother if there is a face-to-face meeting between you and the bank officer. For most banks, we are able to arrange the meeting at our own office. If however you are not able to visit Singapore, the bank will conduct a phone interview and the due-diligence process can take longer.

How long does it take to registered Singapore company ?

The actual incorporation of a company can be accomplished in a matter of few hours as the whole process is computerized. However, the overall process can take anywhere from one day to few days depending on the following factors:

Name reservation. Before a company can be incorporated, its name has to be reserved first. Assuming there are no objections to the name being proposed, the name reservation process can be accomplished in less than an hour. However, if the name conflicts with an existing name or if the proposed name contains some sensitive words that may require a review by relevant authorities, the name approval process can get delayed to few days or weeks.

Signing of incorporation documents. If you are in Singapore, this is a quick and easy process. However if you are located overseas, the logistics involved in signing and sending the signed documents can take few days.

If you would like further information concerning New Singapore Company Formation Faqs, please contact our professionals and we will provide you with free advisory.

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