Start Your Singapore Company and Live There



Many foreign companies are starting their operations in Singapore for many reasons. The economy is stable and there is a good market for many products in Singapore. The country offers excellent support to foreign companies. There is a highly educated population of youngsters who can be trusted to work for your company and take it to great heights. 

Fulfilling the important Obligations to Register Your Company

There are certain conditions that must be fulfilled for you to register and incorporate your company in Singapore. One of the conditions states that you must have at least one resident director. This condition is applicable for a local private limited company or for a subsidiary company owned by a foreign company. The resident director must be a resident of Singapore. The alternative is for the foreign company to appoint a person who has an employment pass. The best way for a foreign company to register a new company in Singapore is to secure the employment pass for their employee. 

Getting an Employment Pass for Your Employee


Those who want to work in Singapore must secure a permit to work here. People who are occupying the posts of top officials and managers earning above the salary stipulated by the ACRA can obtain an employment pass in Singapore. This pass permits the person to stay in Singapore and work here. This pass will allow the person to travel freely inside the nation. There is no necessity for the holder of this pass to arrange for new visas for each entry into the country.
The person holding the employment pass can be the resident director of the company. He or she can get their spouse and unmarried children to live with them on a dependent pass. This allows them to enjoy the excellent living conditions of Singapore. The country offers some of the best facilities in the world in terms of infrastructure and comforts. Foreigners also enjoy the hospitality of the local community who has welcomed people from all over the world. 

Completing the Incorporation Process


Apart from having a resident director, there are certain other conditions that must be met if you want your company to be registered. The best way is to get company incorporation services in Singapore provided by many corporate consultants. They will help you fulfill your other conditions. Before you can incorporate your subsidiary company in Singapore you must get yourself a registered office address and also have a registered office address.


Comments

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