Shelf company for sale in Singapore

What shelf company Singapore to buy

A favorable tax environment and business friendliness of the Republic of Singapore are the main advantages of the jurisdiction. To a large extent, this country is now an attractive destination for business people thanks to these benefits. If you also want to buy shelf company Singapore, you can do it in two ways: by registering a company "from scratch" or by buying a shelf company in Singapore.

The registration process takes more time, but difficulties may concern other nuances of the procedure. For example, businessmen need to prepare plenty of documents, obtain licenses and permits from various bodies without rejection from regulatory authorities.

By deciding to buy a Singapore shelf company, the businessman avoids almost all procedures, except for some mandatory ones. This can significantly speed up the process, saving time and effort that can be spent on running a business immediately after the purchase of a shelf company Singapore.

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Choosing a company in Singapore

You need to find a company to buy and negotiate the terms of the deal. This can be done independently or with our assistance. We have clients and partners who are looking for buyers for their companies.

Company audit

The company should be checked for debts to government agencies, including tax, as well as the presence of receivables and payables, before purchase.

Preparation of the documents

It is necessary to prepare personal documents of the buyer, re-registration forms.

Submission of documents for re-registration

The collected package of documents is submitted to the Register. After that, the documents are processed by the registrar and amendments in the company are entered into the Registry database.

Obtaining confirmation of company re-registration.

After making amendments to the company data in the Register, you can see its registration data in it and if necessary order paper versions of the statutory documents with or without certification. The specialists of our company will help you with all the necessary certification (notarization, apostille) and translations into other languages, if necessary.

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Singapore shelf companies for sale: Specifics of running a business

According to the country's legislation, different types of companies can receive funding from the government. It is provided as support for various business projects, ranging from small start-ups to large international firms.

The Republic of Singapore places no restrictions on foreigners starting and running a business. The only requirement that businessmen must keep in mind is the management staff. In particular, Singapore shelf companies require at least one director and the secretary to be residents of the Republic. However, they do not necessarily have to be citizens of the country.

What kinds of shelf companies for sale in Singapore you can buy

In the territory of Singapore, businessmen have access to a variety of corporate and legal forms. For registration and purchase of Singapore ready-made shelf companies, entrepreneurs often choose a Private Limited Company. The characteristics of such firms are:

  • Authorized capital — from 1 SGD. The exact amount is not set at the legislative level.
  • Ordinary and preferred shares are available without nominal value.
  • Director and shareholder can be the same person.
  • Registered address in Singapore is required.
  • Financial statements must be maintained and filed annually.
  • The need for an audit depends on the number of shareholders and company turnover.
  • Once a year, it is necessary to arrange a meeting of shareholders. There are no requirements to its location.

What you need to know before looking for shelf companies for sale in Singapore

After you buy a Singapore shelf company, you will be able to open a corporate account for it in any bank — in Singapore or abroad. The procedure for opening is similar to how it is done in many European banks.

In fact, you need to make a minimum deposit into the account, provide a business plan and other documents, and prove the legitimacy of the source of funds. After that, the shelf company Singapore you bought can start operating at any time.

If you are interested in buying a shelf company in Singapore, we will study your conditions and requirements and then provide several suitable options. You will only need to make a choice to buy a Singapore shelf company quickly and start running your business. We will provide you with support at each stage of the transaction, answer any questions, and take care of all legal and bureaucratic issues that arise.

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