Company incorporation in Singapore for 2023 are expected to remain similar to the processes in previous years, as Singapore has a well-established and efficient system for setting up businesses. However, it’s essential to stay updated with any changes in regulations, fees, or requirements. Here’s a general outline of the company incorporation process in Singapore for 2023:
- Choose a Company Name:
- Select a unique and appropriate name for your company. Ensure that the name is not already in use and does not infringe on any trademarks. You can check name availability on the Accounting and Corporate Regulatory Authority (ACRA) website.
- Appoint Directors and a Company Secretary:
- Your company must have at least one director who is a Singaporean citizen, Permanent Resident, or an Employment Pass holder. Additionally, appoint a qualified company secretary within six months of setting Up a local company. The secretary must be a natural person