Considerations for foreigners when registering a company in Singapore Foreigners wishing to open a Singapore company, must take into consideration the following points: * You must engage a professional firm to register a Singapore company. Singapore law does not allow foreign individuals or entities to self-register a company. * There is no requirement for you to obtain any special Singapore visa if you merely want to incorporate a private limited company but have no plans to relocate to Singapore. You are free to operate your company from overseas as well as free to visit Singapore on a visitor visa whenever required to attend to company matters on a short-term basis. But keep in mind that in such cases, you will need to find a local resident director since each company must have at least one local director. Professional service firms offering Singapore incorporation services often offer the services of a local nominee director for this purpose. * If you plan to relocate to Singapore to operate your company, you are required to obtain an Employment Pass or Entrepreneur Pass work permit. For more details, refer to Singapore Work Permits guide. Once you have obtained your Singapore work permit, you can act as the local resident director. Often, in order to expedite the company formation, foreigners request their incorporation services firm to provide a local nominee director on a temporary basis and then transfer the directorship after they have obtained their work permit. * All company incorporation formalities (as well as work permit formalities, if required) can be handled without your having to visit Singapore. The only exception may be the bank account opening, depending on the bank you choose. Many of the banks in Singapore require physical presence of the company principals at the time of opening the company bank account. Singapore Company Incorporation for Foreigners http://www.guidemesingapore.com
