Business Migration Services
We specialize in facilitating seamless business relocations to Singapore. Our comprehensive services are designed to support companies throughout the migration process, ensuring compliance with local regulations and a smooth transition for your operations.
Our Business Migration Services Include:
Company Registration
- Incorporation Services: Assistance with registering your business entity in Singapore, including name reservation, preparation of necessary documents, and liaising with the Accounting and Corporate Regulatory Authority (ACRA).
- Business Structure Advisory: Guidance on selecting the most suitable business structure (e.g., Private Limited Company, Branch Office, Representative Office) based on your company's objectives and operations.
Company Secretary
- According to ACRA, every Singapore company must appoint at least one secretary within the first six months after incorporation. Section 171 (4) of the Companies Act also prescribed that the office of secretary shall not be left vacant for more than 6 months at any time, otherwise the director may face a fine of up to S$1,000.
- The company secretary will be the primary person responsible for ensuring that the company fulfils its administrative and reporting responsibilities and obligations as required by law. They must also ensure that all directors and shareholders are aware of their statutory obligations, such as filing annual returns.
- Company Secretary Services includes:
- Preparation of AGM (Annual general meeting and minutes)
- Preparation and submission of Annual Returns
- Maintenance of Register and Minutes books
- Submit change of company details and company officers
Accounting Services
- Financial Reporting: Preparation of financial statements in compliance with Singapore Financial Reporting Standards (SFRS).
- Bookkeeping: Comprehensive bookkeeping services to maintain accurate financial records.
- Tax Filing and compliance: Preparation and filing of ECI, CIT & GST with IRAS. We will ensure the accurate tax filings and that your business stay compliant.
Tax Planning
- Tax Advisory: Strategic advice on corporate tax planning to optimize tax liabilities.
- GST Registration and Compliance: Assistance with Goods and Services Tax registration and ensuring compliance with the Inland Revenue Authority of Singapore (IRAS) regulations.
Business Advisory Services:
- Market Entry Strategy: We assist in formulating strategies to enter the Singaporean market effectively, leveraging our local knowledge and networks.
- Regulatory Compliance: Our team keeps you informed about local laws and regulations, ensuring your business remains compliant.
- Networking Opportunities: We connect you with local business communities and potential partners to foster growth and collaboration.
Nominee Director Services
- The Singapore Companies Act requires all company to have at lease one director who is a Singapore Resident. This individual is usually referred to as a local nominee director or nominee director.
- The local nominee director does not hold any shares of the company, and is not involved in the operational or financial management of the company. They are there to act in the best interest of the company and ensure that everything is in line with Singapore law.
- This is particularly important for foreigners who are waiting for the approval of their Employment Pass (which typically takes 6 months) — once this is obtained, directors can become sole directors of their Singapore company.
Audit Services
- Compliance Assurance: Ensuring adherence to accounting standards and regulations.
- Risk Assessment: Identifying and mitigating potential financial risks.
- Independent Audits: Offering unbiased opinions on financial statements.