You Found The World´s #1 Jurisdiction For Your Business!

Forming a company in Singapore has 3 main advantages.
1. The corporate tax rate is very low and can be as little as 0% if funds are kept outside of Singapore.
2. The reputation of Singapore is excellent and makes a professional impression to your clients. Also
most of the banks worldwide cooperate with Singaporean companies, same as Payment Service
Providers.
3. You can operate any legal business with your own Singapore company.

Its very important for you to know that there is 2 levels of taxes that exist.
1. Level: Corporate Tax
The corporate tax is paid by the company and has to be paid in Singapore. Even though the standard
corporate tax rate is 17%, if profits are kept outside of Singapore they are not subjected to tax.
2. Level: Tax on Dividends
In Singapore a withholding tax on dividends doesn´t exist which is a huge advantage for company
owners. But that doesn´t mean that there is no tax in your country of residence.
Contact us or a local account for further information regarding taxes on dividends in your home country.

The minimum capital is 1 SGD. Usually 10.000 SGD are used as standard authorized capital which doesn´t need to be paid in. We recommend to form a PTE LTD with 10.000 shared of 1 SGD each.

You need a minimum of one Director and one Shareholder plus a Company Secretary. We can provide you with a Company Secretary and a Local Director.
Every company in Singapore needs to have at least one Local Director which we provide. This Director has no power and no Bank Account Access. You can add as many additional Directors as you wish. Please note that we charge a due diligence fee of 400 EUR for each additional person which we need to verify.

If your annual turnover is less than S$ 10m and you have no corporate shareholder and less than 20 natural shareholder your company is exempt from audits.

Usually the Incorporation takes maximum 48 hours after we have received all necessary information from you and the payment.

To open a Fintech Bank Account needs 5-10 business days. High Street Bank Accounts like DBS, OCBC or
Banks in other countries like Switzerland need around 3-5 weeks to be operative.
Please Note that you can open bank accounts with nearly every foreign currency in Singapore and with
Any Other Bank.

The only countries where Directors or Shareholders are Not Accepted are North Korea and Iran. All other Nationalities can own a Company in Singapore and be a Director of a local Company as well.

The financial system in Singapore is extremely strong and safe. It has a Triple A Rating with the Outlook Stable (2021).
We only recommend Banks with high ratings. Security of funds shall be always the main focus by choosing a Bank.

The deadline of submission of the annual return is November 30 every year. If your Company is not a VAT-
payer (GST) we only need to submit an Annual Return and No Monthly Returns are Required.
IF your company is registered for GST we need to submit monthly returns.
A registration for GST is mandatory if your turnover Exceeds S$ 1m Per Year

Your company can do every legal activity. Activities such as Investments Schemes, Gambling, Adult, Religious or Similar are Not Allowed or will Require a License. You can manage your own assets, but Not assets of other parties without being Regulated.

Yes, it is. But please note that not all banks in Singapore support Crypto transactions. Consulate us for more information regarding providers you can use to do your Crypto transactions.

OCBC required a minimum deposit of S$30.000 for the opening of a Business Bank Account.

The minimum deposit for bank account opening in Switzerland or Liechtenstein is half million EUR/USD/CHF.