Start Your Offshore Company Formation

Interested in forming an offshore company?
Turn to the unrivalled expertise of A1 Global Formations.

  • Why choose a Singapore Offshore Company Formation?

    Main features of Singapore company registration

    • Companies can be incorporated under the Singapore Companies Act as private or public, limited by shares, by guarantee or unlimited. A Singapore company may be deemed resident or non-resident depending on its place of central management and control.
    • All foreign source income received by individuals in Singapore is tax exempt.
    • Taxation of income in Singapore is assessed on a territorial and remittance basis; only income accrued in or derived from Singapore, or income derived overseas but received in Singapore, is subject to tax.
    • Singapore resident companies are generally entitled to income tax exemptions on foreign sourced dividends, foreign branch profits, and foreign-sourced service income subject to meeting certain criteria.
    • Corporate tax rate is a flat 17% with a lower effective tax rate due to available applicable tax exemptions and incentives.

    Singapore offshore company formation, nominees, bank accounts and mail forwarding

    As specialists in Singapore offshore company formations, whether you’re looking for a simple offshore company registration or a complex structure (including offshore Trusts), A1 Global Formations can help. We also provide a comprehensive range of admin services for Singapore companies, including the provision of nominee director, nominee shareholder, bank account services and mail forwarding.

    Our expert Singapore company formation and company registration team has established affiliations with local Singapore company agents and extensive knowledge of the legal requirements for company formation in Singapore. We also guarantee that all company filing documents and fees are up-to-date and will notify you of any compliance changes in Singapore.

    If you require us to take over the management of your existing Singapore offshore company, we can usually do so at no extra cost.

    To speak to an expert Singapore company formation/registration advisor, please call free +230 404 3396.

    Buy Online

    Singapore

    Year One Price £2,330.00

    Year Two Price £1,595.00

    What's Included in The Formation Price:

    • Certificate of Incorporation
    • Certified bound copy of the Memorandum and Articles of Association
    • Registered office and agent fee for the first year
    • Government fees for the first year
    • Company Secretarial Maintenance for first year
    • Issued Share Certificate
    • Register of Directors
    • Appointment of First Director
    • Consent letters etc
    • Company Share Register
    • Company Seal

    Additional Information for Singapore

    Background to Belize Company Registration

    Belize offshore company formation/registration

    A1 Global Formations is able to incorporate a Belize offshore company. The process usually takes less than a day.

    Offshore company banking in Belize

    A1 Global Formations saves you time and hassle by working closely with a number of banks , so we can incorporate Belize companies with a choice of offshore bank accounts.

    Shares in Belize offshore companies

    With Belize offshore companies, there is no minimum share capital but it is customary to have an authorised share capital of US$ 50,000. The minimum issued capital may be one share of par value or one share of no par value. Preference shares, bearer shares, registered shares, shares of no par value, redeemable shares and shares with or without voting rights are all permitted.

    If you’d like to keep the ownership of your shares private, bearer shares are the ideal solution because you don’t have to disclose your shareholding to anyone in Belize. Ownership of the shares passes by a simple physical transfer.

    Anonymity and disclosure in Belize offshore companies

    Belize is known for its excellent privacy. Offshore Belize companies are not required to disclose the names of directors and beneficial owners to the registration authorities. There is also no requirement to prepare and file annual accounts, although companies are required to keep financial records to reflect the company’s financial position.

    Singapore Offshore Companies and their Tax Liability

    Singapore is not completely tax free, but like Panama and Costa Rica it applies the territorial basis of taxation. Therefore even if you become a tax resident of Singapore you can avoid paying income tax on your overseas pension or investment income. Over the past year or so the city state has also benefited from the introduction of the European Savings Tax Directive. As Singapore is outside the scope of the directive it has seen a sudden rush of cash into its banks by EU residents, keen to keep their money away from the prying eyes of governments.

    In terms of company tax, the tax residence status of a company in Singapore depends on the usual test of where the management control of the business is exercised. If you use a Singapore resident company it will be taxed on any income accruing in Singapore or that is received in Singapore from overseas. There is a special rule for overseas dividends which mainly affects Singapore holding companies. This states that there is a tax exemption for the overseas dividends, provided they are not remitted into Singapore. The highest corporate tax rate of the country from where the income is received is at least 15%. The income has already been taxed in the overseas country. Singapore companies also enjoy some very attractive tax breaks. The current corporation tax rate is 17%.

    Double Taxation Agreements

    Singapore has an extensive investment protection agreement and double tax treaty network. This includes most countries in the Asia-Pacific Region and countries in Europe, Africa and the Middle East. These countries include China, Indonesia, Thailand, Malaysia, Philippines, Vietnam, India, Japan, Korea, Australia, New Zealand, South Africa, United Kingdom, Netherlands, Germany, Switzerland, Sweden, France, Belgium, Finland and the United Arab Emirates.

    Singapore is also one of the very few countries to have a tax treaty with Taiwan. This explains the popularity of Singapore holding companies for Taiwanese investments into China and the region.

    Singapore Offshore Company Formation / Registration

    Offshore Formations 247 are able to incorporate a Singapore offshore company. Company formation normally takes up to 5 days to register a new company.

    Singapore Offshore Company Shares

    The concept of authorised share capital was abolished in Jan 2006 and the minimum number of issued shares is 1. Ordinary shares, preference shares and redeemable preference shares are all permitted.

    CORPORATE INFORMATION

    GENERAL

    Type of entity Resident/Non Resident
    Type of law Common
    Our time to establish a new company 5 days
    Minimum government fees (excluding taxation) S$365
    Corporate Taxation Varies
    Double taxation treaty access Yes

    SHARE CAPITAL OR EQUIVALENT

    Standard currency SGD$
    Permitted currencies Any
    Minimum paid up S$1

    DIRECTORS OR MANAGERS

    Minimum number 1
    Local required Yes - one
    Publicly accessible records Yes
    Location of meetings Anywhere

    MEMBERS

    Minimum number 1 (corporation or individual)
    Publicly accessible records Yes
    Location of meetings Anywhere

    COMPANY SECRETARY

    Required Yes
    Local or qualified Yes

    ACCOUNTS

    Requirement to prepare Yes
    Audit requirements Yes but there are exemptions
    Requirement to file accounts Yes but there are exemptions
    Publicly accessible accounts Yes but there are exemptions

    OTHER

    Requirement to file annual return Yes
    Change in domicile permitted No

    Buy Online

    Singapore

    Year One Price £2,330.00

    Year Two Price £1,595.00

    Buy Online

    Singapore

    Year One Price £2,330.00

    Year Two Price £1,595.00