Expand Your Business to Singapore with Efficient Company Incorporation Services

Most businesses these days expand beyond borders and time zones. This is possible due to the excellent opportunity of incorporating a company in a foreign land with minimum requirements. If you are also looking for an excellent location for company incorporation and expanding your business, Singapore is one of the most favourable destinations. Whether you are incorporating a private limited company or as a partnership/sole partnership, it must be registered with the Accounting and Corporate Regulatory Authority (ACRA) and must follow the regulations of Companies Act. In this article, we will tell you how you can incorporate a private limited company in Singapore. You might already know that a private limited company is a legal and taxable business entity that is separate from its shareholders. 

To establish a private limited company in Singapore, there are five requirements:


· At Least One Individual or Corporate Entity as a Shareholder

· Resident Director

· Company Secretary

· Paid-Up Capital 

· Registered Singapore Address

If you fulfil these five requirements, you can easily incorporate a company in Singapore and expand to a new potential market and customers. Apart from fulfilling these key requirements, a Singapore incorporated company must appoint an auditor. This must be done within three months of company incorporation. Now, we understand that it might not be possible for you to visit Singapore for company incorporation. Hence, you might need a representative who could follow up on the formalities for successful company incorporation. 

Moreover, as mentioned above, you will also need to appoint an auditor to maintain business accounts. What if we told you that you can find a company incorporation representative, a company secretary, and take care of your accounts all at one place.

Xibo is the leading company that can provide you excellent company incorporation services, can be your company secretary, and can handle your business accounts. The company offers excellent packages that will help you save hundreds of dollars in your first year as a company. Incorporate, Compliance, and Insights are three company incorporation plans with different features to choose from. Apart from company incorporation, the company also offers artificial intelligence-based accounting services, tax services, and GST filing. Xibo is on a mission to equip entrepreneurs and micropreneurs with advanced and tech-driven solutions. So, don’t wait up! Start or expand your business to Singapore with Xibo. 

About Xibo:

Xibo Singapore is amongst the leading companies that provide excellent company incorporation and artificial intelligence-based accounting services. 

For more information, visit https://xibo.sg/

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