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Company Incorporation
If you are looking for an affordable and a reliable agency to help you incorporate an offshore or local company, look no further. Richmond provides a comprehensive service on offshore and local company setup.

In addition, Richmond provides a host of supporting services for new company registrations like Nominee Director, Corporate Secretarial services and Employment Pass (for foreign applicants) a requirement as provided for under Section 171 of the Companies Act.

New to start a business ? Please click on the link below;

Singapore Company Registration
Branch office Registration
Offshore Company Registration

Please refer to the promotion package on the top for Company Incorporation promotion package, as well as our other promotion.

For a comprehensive guide on Company Registration in Singapore, from the benefits of setting up business here to the basic requirements for incorporation and documents issued by ACRA post-registration, please visit : Company Registration Singapore.  

Singapore Company Registration

The most common type of company to be incorporated in Singapore is the Private Limited Company.

We provide hassle-free services to help you set up a new company, the actual process may received only two working days (from company name reservation to incorporation) if all the following information are furnished to us:

Our promotion package for Singapore Company Incorporation at only S$600 for individual shareholders; S$800 for Corporated shareholders.

It is inclusive of :

- Professional service fee for incorporation
- ACRA incorporation fees
- ACRA fees for Company names application
- Share Certificates
- Minute book & Statutory Register
- Memorandum & Articles of Association
- Common seal
- Company Profile
- One year Secretarial fee

Please click on the Link for further information for our provided Corporate Secretarial services.

Benefits of Company Incorporation:
- Limited Liability: as opposed to a partnership and sole proprietorship, it is restricted to the amount of
  aid-up capital. (thus personal assets are protected)
- Substantial tax savings for new companies (S$300,000 tax exemptions for the first 3 years of
  assessments)

Information you need to furnish:
We provide hassle-free services to help you set up a new company, the actual process may take only two working days (from company name reservation to incorporation) if all the following information are furnished to us:

(1) Proposed Company's name(s)
(2) Business activities description
(3) Paid-up capital (also number of shares for each shareholder)
(4) Company's registered office address
(5) Name, particulars and personal contacts of director(s) (minimum 1 director who is a Singapore
     Citizen/Singapore Permanent Resident or Singapore Employment Pass (EP) holder.
(6) Name, particulars and personal contacts of shareholder(s).

For item (5) and (6), please provide a copy of passport (1st 2 pages) or identity card and home address.

Contact us for a discussion.
 
Branch Office Registration

Singapore branch office is one of the three options for foreign companies wishing to setup their presence in Singapore. The other two options include a Singapore subsidiary or a representative office. Among the three options, setting up a branch office is the least popular option among foreign companies.

Branch Office Benefits
- It allows foreign companies to explore and expand business opportunities in Singapore market.
- It is a good platform to establish company's brand.
- It enables direct connection with local agents and distributors.

Branch Office Disadvantages
- It is considered a non-resident for tax purposes, and therefore not eligible for any tax exemptions or
  incentives for new start-ups in Singapore.
- It does not have separate legal identity, and therefore the foreign parent company is responsible for all
  its debts, losses and liabilities.
- The foreign parent company is required to submit annual report and audited accounts within two months
  of the Branch Office's annual general meeting.

The Requirement For Registration of Branch Office
- A certified copy of its certificate of incorporation in the foreign country;
- A certified copy of the instrument defining its constitution;
- A list of directors with their particulars;
- If any of the directors are resident in Singapore and are members of the local board of directors, a
  memorandum stating the powers of the local directors;
- A memorandum of appointment or power of attorney of two or more local agents authorised to accept
  notices served on the branch on its behalf. The local agents must be natural persons resident in (not
  necessarily citizens of) Singapore;
- A statutory declaration in prescribed form made by the agent confirming particulars of the branch; and
- A notice of location of its registered office in Singapore.

- Original documents of the foreign corporation must be certified translated copies in English to be filed
  with the ROC

Contact us for a discussion.
Offshore Company Registration

Offshore shelf companies that are incorporated in British Virgin Islands (BVI) are used for asset protection and wealth management. Also known as “tax haven” companies, offshore companies are synonymous with tax planning structures, offshore trading and offshore investments.

OFFSHORE BVI COMPANY BENEFITS

International Tax Planning
An International Business Company (IBC) is totally exempted from any taxation in the BVI.
You can conduct business without corporate taxes and no tax reporting responsibilities in the country.

Less compliance requirement
- no annual return is require
- no tax return is required
- no audit is required
- no disclosure of the beneficial owners is required

Confidentiality
The privacy of Shareholders and Directors names is protected. The only documents of an IBC on public record are the Certificate of Incorporation and the Memorandum and Articles of Association. The address of the registered BVI office is shown, but share registers can only be disclosed to members with the permission of the Directors or the court.

Accounts
An IBC shall keep such accounts and records as the Directors consider necessary or desirable in order to reflect the financial position of the company. However there is no requirement for preparation of audited financial statements.

Contact us for a discussion.
 

Contact Us  
     
  100, Tras Street, #14-03.
Amara Corporate Tower.
Singapore (079027) 		 
     
  Tel: (65) 6423 0777
Fax: (65) 6423 4561
Email: acc@rbcs.com.sg 		 
     
 
 
 
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