Singapore is considered to be one of the most business-favouring countries due to various reasons one of which is its simple process for company incorporation. One of the primary reasons why in Singapore company incorporation is so easy is that the accounting firms and accountants there offer end-to-end services for incorporation to both local as well as foreign entrepreneurs. While setting up your company in Singapore, company incorporation services take care of all the procedures in the bureaucratic process to ensure that you can breathe a sigh of relief while your company is getting registered.
In Singapore, company incorporation services offered by an accountant or accounting firm would start from the process of checking the availability of a name desired by you for your company and would get it approved by ACRA so that it can be reserved for the use of your company. The accounting firms would also compile a company memorandum and articles of associations for your new company in Singapore. Company incorporation services offered by these accounting firms ensure that the forms for the incorporation of your company are diligently prepared and submitted and that the Certificate of Incorporation of your company reaches you through proper correspondence.
Moreover, in Singapore company incorporation services also take care of the necessary material required for your company such as company seals and stamps, share certificates, register and minutes book. Some of the accounting firms in Singapore also assist you in collating the minutes of the first board meeting of the new company. Finally, the accounting firms and accountants in Singapore, through the company incorporation services also aid in you opening a corporate bank account with the local branch of a Singapore bank and for the foreign nationals, they also assist you in appointing a regional director for your company.