set up a holding company in singapore

Set Up a Holding Company in Singapore A presentation brought to you byOpenCompanySingapore.com

1

Why Open a Holding Company in Singapore?

• Singapore offers tax incentives to foreign companies operating in the city-state.

• For those setting up holding companies in Singapore the process will take about three days.

2

Characteristics of Singapore Holding Companies

• Holding companies are usually registered as private limited companies in Singapore.

• The registration procedure for a holding company must be done through the services provided by a professional firm.

3

How to Open a Singapore Holding Company >>

• In order to register a holding company in Singapore at least one shareholder is required.

• The Singapore holding company must have at least one resident director.

• The holding company must appoint a resident secretary within six months of the registration.

4

>> How to Open a Singapore Holding Company

• The Singapore holding company is required to deposit a minimum share capital.

• It must also have a registered office approved by the Urban Redevelopment Authority.

5

Documents to Open a Singapore Holding Company

• The following documents must be submitted with ACRA (Accounting and Corporate Regulatory Authority):

the Memorandum and Articles of Association;

the shareholders, directors and secretary’s details;

the registered office;

the share capital details.

6

Starting to Operate a Singapore Holding Company

• A holding company may begin its business operations in Singapore once:

it has obtained the registration number;

it has opened the corporate bank account;

it has obtained the Unique Entity Number (UEN).

7

Advantages of Singapore Holding Companies

• Singapore has concluded many double tax treaties which allow a subsidiary to transfer dividends at very low withholding tax rates.

• Foreign businessmen opening holding companies in Singapore will also be interested in knowing that capital gains are exempt from taxation.

8

Business Consultancy Services in Singapore

• The local representatives of our company specialize in company formation and tax consultancy.

• For assistance with the company registration process and investment opportunities in Singapore you can refer to our specialists.

9

Thank you for your attention!

• For more information, please contact us at:+ 852 8191 3385

office@lawyers-singapore.com

www.opencompanysingapore.com10