Singapore is incredibly welcoming to foreign nationals who wish to set up a company there. It allows foreign nationals to become company directors and shareholders without any restraints. The only condition is that every local company must have at least one resident director, as a Singaporean or a Permanent Resident. To comply with this law, you can easily hire a nominee director, if needed.
Singapore has been constantly ranked as one of the top countries in the world to do business. The company registration process is swift, efficient and free of the bureaucratic process. The incorporation process is done online and only involves two main steps, which includes the company name approval and submission of the documents. Furthermore, a computer is exempted from having its accounts audited, if they qualify as a small company.
About Singapore
Singapore, a city-state located at the southern tip of the Malay Peninsula. Once a British colony, Singapore is now a member of the Common Wealth nations. Singapore owes its growth and prosperity to its focal position at the southern extremity of the Malay Peninsula, where it dominates the Strait of Malacca, which connects the Indian Ocean to the South China Sea. The overall population of Singapore is diverse, the result of considerable past immigration, consisting of Chinese, Malays, Indians and a lot of expats.
How do I relocate to Singapore?
In usual circumstances, a Singaporean offshore company can be incorporated within 1-2 days. Once the incorporation is completed, you can then apply for the EntrePass, or Employment Pass, that allows you to live and work in Singapore.
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