Singapore -- (SBWIRE) -- 01/10/2019 -- Tn Corporate Management Pte Ltd is a leading provider of company registration services in Singapore. They have seasoned financial experts who can help both budding and established entrepreneurs to register and operate companies in Singapore. They have helped many companies to register and set up their businesses in the past years. Entrepreneurs without an idea on company set up and structure can work with TNPL and start operating depending on their business' nature. They offer expert advice on the best structure suitable for a specific business type, be it a private limited company, limited liability partnership or sole proprietorship. Their advice is usually centered on the nature and size of business, corporate tax, shareholders stability and protection.
The company spokesperson said, "Company incorporation in Singapore is a requirement by the Singapore Companies Act. The Act requires all registered companies to have a corporate secretary, and at TNPL, we do exactly that. We provide a registered company with Annual General Meeting filing, minute books, accurate compliance, statutory registers and proper documentation to make it easy to register a company in Singapore. Many of Singapore's registered companies are limited liability companies and any individual over 18 years can register a company whether they're from Singapore or not. So it's possible to have a foreign company registered in Singapore."
Company incorporation in Singapore stresses on the registration of private limited companies because they as more tax efficient organizations. Like other registration procedures across the world, Singapore has put in place both initial and ongoing compliance and regulatory requirements for beginning and running a business. Registering a company in Singapore is ideal because the country doesn't have foreign exchange controls, and this makes it easier for investors to cope with foreign exchange risks. Besides, Singapore attracts a huge pool of international talent to buttress the development of businesses in the country, and it's also a leading international financial centre, which means companies can easily access financial support to run their operations.
The company spokesperson also said, "It's relatively affordable to register a company in Singapore, and the price may depend on the nature of your business. However, we have standard fees such as the business registration fee and the name approval fee. The time it takes to register a company depends on the nature of your business. If you have a sole proprietorship business, for instance, the process takes about 15 minutes. At times, the application may require review or approval from an authority, and in that case, the process might take up to two months."
For the registration process to start, business partners and owners should credit their Medisave accounts with the CPF Board, but these requirements only apply to Singapore's permanent citizens and residents. The usual requirements for company registration in Singapore are the name of the company, list of shareholders and directors, the company's secretary, registered address, taxation, and the paid-up capital. The name has to be approved prior to company incorporation in Singapore. A company can have as many directors as it chooses, but at least one of those directors should be Singapore's citizen. However, the director should above 18 years and not have been rendered bankrupt by any financial organization.
About Tn Corporate Management Pte Ltd
Whether an entrepreneur is based in Singapore or not, Tn Corporate Management Pte Ltd helps with the process of company registration regardless of the size and type of business. They also provide professional advice on how to register a business in Singapore.
Company : TN Corporate Management Pte Ltd
Address: Blk 531A, Upper cross st, 03-108
Hong Lim Complex Singapore 051531
Phone: 6719 2295