Corporate Service
Why has Singapore been rated one of the best places to do business?
Businesses and companies looking to set up a presence can leverage Singapore’s pro-business environment with its network of taxation treaties, rule of law, intellectual property framework and incentive and assistance schemes to continually enhance innovation and talent via centres of excellence, research and development laboratories, advanced manufacturing capabilities and local startups.
Singapore features low corporate tax rates, skilled manpower base and stable political environment; all positioned in a diverse and cosmopolitan society. Singapore’s strategic location has made it an important transhipment seaport with half the World’s population within a seven-hour flight radius via the world famous Changi International Airport.
Business Formation Services
There are various forms of business organisations that can be registered in Singapore depending on your business needs. The table below shows the brief differences between incorporation of private or public companies, registration of Singapore branch of a foreign corporation and registration of sole proprietorships, partnerships or limited liability partnership.
Comparison Between Various Types of Business Entities View Chart
Corporate Compliance Services
Our executives assist companies with evolving corporate and statutory requirements under the Companies Act and Code of Corporate Governance. Our named Company Secretary services for listed companies per listing rules of the Singapore Exchange Securities Trading Limited “SGX-ST” include advising on compliance matters and attendance of shareholders, directors, and board committees meetings.
Additional corporate services include maintenance of statutory books and registers, provision of registered office address, changes of name, constitution, and business activities, redeemable preference shares, share consolidation, bonus or rights issues, deregistration, liquidation, and legalisation of documents.
Working in Singapore
We assist Clients interested in relocating and working in Singapore with Employment, EntrePass and S pass applications, renewals, extensions and letters of consent (“LOC”) for secondary directorships. Dependant Pass holders who wish to be employed during their stay in Singapore will need an applicable work pass, such as an Employment Pass, S Pass or Work Permit, instead of an LOC.
Agent for Process Services (“APS”)
BSL Corporate Services have been acting as an agent for the service of process papers for the duration of the loan/guarantee agreements granted by Singapore lenders to foreign borrowers since 1983.
Our appointment as an APS agent includes notifying the appointer of any service of process issued by any court in Singapore, providing particulars of the party issuing the proceedings, pertinent dates, informing Singapore solicitors, dispatching process papers, notifying the Appointer and other administrative procedures.
QUESTIONS? No worries, we are here to assist you.
As a full-fledged corporate services provider, we welcome any questions you have regarding taxes, audit or business advisory, be it on a personal or corporate level.
Rest assured that all enquiries that come through to us are handled with utmost confidentiality by our team of professionals. Let us assist you. Connect with us today.
