Let us see the answer for the question, “How does one go about forming a company in Singapore”? But, before answering that question, let us see quickly something about Singapore.

Singapore is a dream land. It offers an ideal location for everyone to do business. It offers world class infrastructure. It has a well developed capital market. It also has a workforce which is highly educated and intelligent. There are many different sets of people from different countries living in Singapore. Its polity is stable. It also has a very attractive tax regime. So, in every which way, it is a dream land. Hence, a lot of companies and people would like to start their own company here.

So, how does one go about forming a company in Singapore? The site GuidemeSingapore.com gives the answer for this in a beautiful manner. Singapore Company Formationbecomes child’s play once you go through this site. Janus, the company which promotes the site GuidemeSingapore.com, offers deep insights to how to accomplish this task.

The key eligibility for the individual or the business entity to start a business in Singapore are : The company should have at least one shareholder. This person can be a local or a foreigner. The person must be 18 years or above. There should be at least one director who is a Singapore resident. That person should be a permanent resident of Singapore. The shareholder and director can be the same. It should have a minimum intial capital of 1 singapore dollar. It should be locally registered with a qualified company secretary. The share holder and director cannot be the company secretary.
The site goes on to talk about various other pertinent things on the company formation. It also has a section on FAQs which are very useful.