Jurisdictions
We specialize in incorporating companies (ranging from the very simple to the very complex) and in jursidictions around the globe.
BASIC JURISDICTIONS INFORMATION
Official Name: Singapore
Population: 4.4 million
Location: Southern tip of the Malaysia peninsula
Legal System: Common Law
Language(s): English is widely used. Mandarin, Malay and Tamil are official languages
Time Zones: GMT plus 8 hours
MONETARY
The currency in circulation in Singapore is the Singapore dollar (S$), which is pegged to the US Dollar by a currency board at the rate of S$1.65 to US$1. Singapore has no foreign exchange controls.
TAX SYSTEM
Singapore has a British based legal system and corporate law operates on a common law basis. Singapore is a signatory to a number of double tax and investment protection treaties which provide some tax planning and security advantages. A Singapore company with external investments that are correctly structured and administered may not be liable for tax on profits generated from activities conducted outside Singapore.
CROPORATE REQUIREMENTS
Usual Authorized Capital: Not Applicable
Minimum No. of Shareholders: -1-
Minimum No. of Directors: -1-, who must be Singaporean resident individual
Company Secretary: YES, must be local resident
In addition to the above jurisdictions, Interglobe can arrange incorporation of companies in alternate jurisdictions of your designation through its established network of international formation specialists.
