Singapore Business: Requisite Company Incorporation Documents

What are the things do you need to successfully incorporate a company in Singapore?

Requisite Company Incorporation Documents

1. First, you will need a Constitution (commonly known as Memorandum & Articles & Association, M&A). A Constitution of the company is a document that generally states the specific rules governing the company’s activities, the relationships of the shareholders and directors, the roles and responsibilities of each, among others. 
2. Second, you will also need NRIC or Passport copies of proposed shareholders and directors of your company. The passport has to bear proof that at least one director permanently resides in Singapore.
3. Third, if your company has a parent company, you will also need to submit a document describing details of the parent company. 
4. You will need to apply for and register a company name. The company name must be approved by ACRA prior to your company incorporation.
5. You must also submit the names of your directors, one of whom must be a local director.
   • A local director could be a Singapore citizen, a permanent resident, or a person with valid pass to stay in Singapore either as an entrepreneur or a dependent.
   • In the absence of a local director, you can refer to a company incorporation services firm for an arrangement to have a nominee.
   • A nominee is a director employed only for compliance to the incorporation requirements. He or she will not have any shares in the company nor an active role in the company’s activities.
6. You also need to have a minimum of one and a maximum of 50 shareholders, and of course, you will need to have a corporate secretary.

Source: Getting Familiar with your Company Incorporation Documents