A city-state in Southeast Asia, Singapore extends over 64 islands, the largest being the highly urbanised Pulau Ujong. Independent since 1965, the country has been able to rise among the most developed nations despite few natural resources.
Given the ease of locating a company, Singapore is an offshore destination that permits the exercise of very varied activities and is particularly suitable for holdings. Three procedures to be performed in 3 days are necessary for the start-up of a company; however times can be further accelerated by choosing a ready-made company.
The following are the types of company envisaged by Singapore regulations:
|Average start-up times||
|Availability of pre-established (ready-made) companies||Yes|
|Published information about the company's directors||
The names of directors and shareholders appear in the Public Register. At least one of the directors must reside in Singapore
|Legislation and controls||
Businesses are regulated under the Singapore Companies Act of 1963
|Confidentiality||Bearer shares are not permitted|
|Risk indicators||Average political risk: 8%