We provide professional assistance with registering offshore companies in Singapore and only require a minimal set of documents. We also help you open an offshore account in Singapore’s banks.
In addition to the above, companies in Singapore need to submit information about their owners and shareholders (typically, copies of their internal or foreign passports). An offshore company registered in Singapore is required to have at least one director and one shareholder. Besides, at least one of the directors has to be a Singapore resident. If ordering a nominee service, providing information about company’s owner is mandatory.
Also, a company is required to hold annual board meetings (could be arranged outside Singapore).
An offshore company in Singapore has to submit annual returns and non-financial reporting. Moreover, companies are subjected to financial auditing. It must be carried out by a certified local accountant.