Once you have provided a pre-approved name, we will require passport copies and proof of addresses from your directors and shareholders for KYC purposes. We will prepare all the required incorporation documents. For incorporation documents, you can sign them via digital signature (without the need to come down to our office). Thereafter, we will submit them to ACRA (a government entity that registers companies). Once a UEN is issued, your company is operational.
We, may from time to time, require our clients to come to our office to verify the incorporation documents or see them in person via WhatsApp or through chat application so that we can verify the status of these individual due to our internal procedures and protocols, as we are registered filing agents with ACRA.
For the incorporation, you will need to prepare the following information:
- Company name
- Directors’ particulars, with the required Know Your Client (KYC) documents (like passport and proof of address)
- Shareholders’ particulars with the required KYC documents
We will provide the following:
- Corporate Secretary particulars
- Nominee Director particulars (if required)
- Local registered address (if required)
- Company Constitution
Once all the pre-incorporation documents are signed and reviewed, it can take less than an hour to register a company.
Yes you do! All Singapore companies are required to provide a local registered address. If you do not have an office address, HeySara is able to provide you with one. Mails received are scanned and forwarded to you.
Every Singapore incorporated company must have at least a local resident director.
A local director must meet the following requirements:
- Either a Singapore citizen, Permanent Resident, Entrepass holder or Employment Pass holder with letter of consent from Ministry of Manpower
- At least 18 years old or above
- Hold full legal capacity in making his or her own decisions
If you don’t have any one to fulfil this role of a local resident director, you can choose to use HeySara’s a local nominee director services. If you are intending to apply or currently applying for an Employment Pass, HeySara is able to provide the flexibility to use our services until you have received your EP.
A local nominee director is appointed to help foreign individuals or foreign investors during incorporation of a Singapore company. The local nominee director functions the same as a director of the company to meet the legal requirement of having at least 1 local director.
Yes. The most popular options are to apply for an Entrepreneur (EntrePass) or Employment Pass (EP). With this work pass, you can live and work in Singapore, and even bring your family along under Dependant’s Passes (DP). Read more here.
An Employment Pass (EP) is a Singapore work pass issued to foreign professionals, employees, managers, executives and owners of directors of Singapore companies.
It is open to all nationalities and is usually valid for 2 years with the possibility to renew. With an EP, you can apply for Permanent Residence (PR) in due course.
No. Employment Pass (EP) and Dependant’s Pass (DP) are issued to the specified company. Thus, you will need to apply for a new EP for your new company. Note that you do not need to cancel your old EP before you receive the new one.