• Minimum paid-up capital of S$1 only
• Minimum 1 shareholder and 1 director
• 100% foreign ownership allowed
• No taxes on first 100K taxable income annually for first three years of a new Singapore company;
• Only 9% tax rate on taxable income of up-to 300K annually starting YA 2008 ; Low overall flat tax rate of 18% on taxable income above 300K
• Zero taxes on capital gains and dividends in general
• Immigration visa (entrepreneur pass) available for company owners wishing to relocate to Singapore to run their new Singapore company
• No exchange controls or restrictions on repatriation of profits

• Memorandum and Articles of Association
• Statutory Declaration of Compliance
• Particulars of Shareholders, Directors, Secretaries, etc.
• Certificate of Identity
• Situation of Registered Office and Office Hours
• Consent to Act as Director and Statement of Non-disqualification to Act as Director
• A Consent to Act as Secretary

Registration processes normally take around 10-15 days to complete.