Private Limited Company registration

Private Limited Company is the most preferred form of company registration by most of the entrepreneurs in India. Because of the flexibility in decision making, easy access to the banks for loans and approach towards investors to raise funds without much restrictions, made Private Limited Company a most successful business structure in India.

Pricing Table

Company Name

A Company Name (in English) ending with Private Limited or its abbreviation, Pte Ltd. It cannot be identical or similar to another business name or existing trademark, or contain any offensive or vulgar words, and requires ACRA approval.

Business Activity

At least 1 business activity in its business profile, with a maximum of 2 business activities. The Singapore Standard Industrial Classification Code (SSIC) 2010 can be used to select the business activities.

Ultimate Beneficial Owners (UBO)

Information relating to any individuals directly or indirectly, solely or jointly holding a significant (25%) control power in any classes of shares.

Registered Address

A registered office address in Singapore and cannot be a PO Box.

Under the Home Office Scheme, HDB and private property homeowners can conduct certain small-scale businesses, such as consulting and design firms, in their residency. Tenants need to obtain written consent from the owner before applying for the scheme (please visit URA’s website for details). Application for the Home Office Scheme can be made either before or after the company registration with ACRA.

Company Secretary

Must appoint one Company Secretary within six months of the date of its incorporation.

Shareholders

1 to 50 shareholders. The shareholders can either be an individual or another corporate entity, and the shares are not made available to the general public. 100% local or foreign shareholding is allowed. A shareholder can also be the director of the company.

Paid Up Capital

An initial paid-up capital of at least SGD1. Additional capital can be injected any time after incorporation.

 

Finacial Year End

A fiscal year period must be chosen, which can be any time of the year.

Director

At least one Director who is an ordinarily resident in Singapore aged 18 years and above. However, certain individuals (e.g. bankrupts and persons convicted of offences involving fraud or dishonesty) are disqualified from holding director positions. Foreigners wishing to act as the local director can apply for a valid work pass.

Small Entity

Unless the company is a small entity, it must appoint an auditor within 3 months from the date of its incorporation.

PRICING TABLE TYPE3

1Basic
Plan
Rs10999
2Standard
Plan
Rs11999
3Premium
Plan
Rs14999

Submit Document

Details About

Completed VO+ Incorporation Form

Including company name, brief description of business activities, paid-up capital, registered address, shareholders/directors/UBOs, share allocation.

Shareholder

Corporate Entity Shareholder

Copy of business registration certification, Most recent company extract of particulars from Registrar of Companies contains list of Directors, Copy of company constitution (Memorandum and Articles of Association), Board resolutions approving the incorporation of Singapore company and stated shareholding, Certificate of Incumbency (Applicable for BVI, Cayman, Delaware types of companies) and Proof of residence address/ Registered Address

Identity Document

Shareholders/Directors/UBO particulars:

Foreigners: Copy of passport and overseas residential address proof Singapore local residents: Copy of Singapore NRIC .

More Important

Important Notes

A true copy of NRIC/passport is required to be presented for verification. Photocopies of passport have to be notarised if the incorporation application is to be done overseas. Ensure passport validity not less than 6 months. Address must be written in English.

The Scope of Auditing

Auditing deals not only with the numbers but much more than that. It is all about the anticipation of changes based on the global financial scenario. Auditing is at once global and local because the industrial and financial climate determines the growth of the individual enterprises.

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Inquiry

Upon your inquiry, we will provide the following within 1 working day

  • VO+ Company Incorporation Application Form and a list of required documents from you
  • Price quotation

Documents Submission

Upon receipt of all required application forms and documents from you, we will conduct an application completeness check within 1 working day:

  • Completed VO+ Company Incorporation Application Form
  • NRIC / Passport (foreigners only)
  • Proof of residential address (applicable to foreigners)
  • Corporate shareholder documents (applicable only if there is a corporate shareholder)

Speciality Services

We understand each family business is unique. Our solutions too are unique.

Preparation Of Incorporation

Within 1 working day after finalising all requested documents, we will:

  • Ensure proposed company name is available in ACRA
  • Prepare a brief description of business activities to be registered
  • Prepare incorporation documents for signing

Notes:

  • An approved business name will be reserved for 60 days from the date of name application. If you need more time to register the company, you can extend the reservation of the approved business name for another 60 days.
  • If the name / activities of the company are referred, this may take up to 14 days, depending on the ministry to which it is being referred.

ADVANTAGES OF PRIVATE LIMITED COMPANY

Private Limited Company Means..

Private Limited Company is the most preferred form of company registration by most of the entrepreneurs in India. Because of the flexibility in decision making, easy access to the banks for loans and approach towards investors to raise funds without much restrictions, made Private Limited Company a most successful business structure in India.

Perpetual Succession

Another important characteristic of a private limited company is perpetual succession. It is a popular saying that the directors may come and go the members may come and go, but the existence of a company remains forever. A company once incorporated remains alive unless and until it is wound up by complying with the provisions of Law.

Easy Transfer-ability

Where it is proposed to sell the business as a going concern, all that is required is to transfer the entire shareholding to the purchaser and thus facilitate easy change in management and ownership. This will save time and money of the Promoters. Huge amount of stamp duty is saved.

Separate Legal Entity

An entity means something which has a real existence; a thing with distinct existence. A company is a legal entity and a juristic person established under the Act. A juristic person is a person who is not anatural person or human being. Therefore a company form of organization has wide legal capacity andcan own property and also incur debts.

4 Steps to Register to Your Company

Complete business solution provider for global startups

Starting a Business

Many founders are confused about what kind of entity to register when they start their business. Should it be a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship. Each of these has very specific advantages and disadvantages. There is no one type for all businesses. A private limited company registration, for example, would be a good fit for any venture that will look for funding at a later stage. You can contact dobizindia for all the advice you need. We assure you of great service at a reasonable price.

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INTELLECTUAL PROPERTY

In modern business, there is no other asset as valuable as intellectual property, and yet so many startups end up neglecting it. But this is surely not advisable, as trademarks, copyrights and patents ensure that you have sole rights to your creation, be it your brand, your designs or your inventions. At dobizindia, we are well equipped to handle all your IP requirements. We perform trademark registrations in just three days, can file a copyright registration for all your software, pictures, audio and video content, and can connect you to patent attorneys to conduct a patent search and file your patent applications.

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Documents required for company registration

  • PAN card copy with Self attestation.
  • Voter Id copy or Passport copy or Aadhar card copy or Driving license copy with self attestation.
  • Latest Bank account statement or Mobile /Telephone bill or Electricity Bill (not older than two months)- no need for self attestation.
  • Latest passport size photo in jpeg.
  • For the registered office proof of the company, if the property is rented/ leased, then copy or rental agreement or lease agreement.
  • Copy of Electricity bill or Property Tax receipt or Water Tax receipt not older than two months.
  • Copy of No objection certificate from the owner of the property.
  • If owned property, copy of Sale Deed and Electricity bill is sufficient.
  • In case of NRI or Foreign national, Passport copy has to be notarized at the Indian Embassy of the particular country.
  • Utility bill has to be provided of the particular country where the NRI or Foreign national resides and it should be notarized.

FRAMED ACCORDION STYLE

HOW MANY MEMBERS DO I NEED TO REGISTER MY PRIVATE LIMITED COMPANY?
WHAT IS DIN- DIRECTOR IDENTIFICATION NUMBER?
WHY SHOULD I NEED TO HAVE A DIGITAL SIGNATURE?
WHAT MAKES YOUR BUSINESS PLANS SO SPECIAL?
HOW MUCH MONEY DO I NEED TO INVEST TO START A PRIVATE LIMITED COMPANY?
WHAT IS THE ADVANTAGE OF REGISTERING A PRIVATE LIMITED COMPANY ?
WHAT IS THE VALIDITY OF THE REGISTRATION CERTIFICATE ?
HOW DO I PROVIDE YOU THE DOCUMENTS ?
WHAT KIND OF SERVICES WILL PROVIDE AFTER COMPANY INCORPORATION ?
HOW MUCH TIME DOES IT TAKE TO REGISTER A PRIVATE LIMITED COMPANY ?

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