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Requirements for Company Formation |
Registered office and registered agent are required – provided by CFG. |
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There is no minimum authorized capital requirement. | • |
Shares must be registered | • |
One shareholder is permitted; need not be a resident. | • |
Nominee shareholders are allowed. Can be provided by CFG. |
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At list one resident director is required. | • |
A nominee director is allowed. Can be provided by CFG. |
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Identities of shareholders, owners, directors and secretary need to be disclosed when forming the company; however, when Nominees are used, the identity of the owners can remain confidential. | • |
Annual return isn't required. | • |
| Singapore
Singapore is an archipelago located in South East Asia, between Malaysia and Indonesia. Once a British colony, since 1963 Singapore is an independent state and one of the main trade and finance centers in the world. Although it lacks natural resources, it enjoys free economy, stable prices and one of the highest GNP in the world.
 | Taxation |
Singapore's territorial taxation system only seeks to tax income derived from, accruing in or remitted to Singapore. Foreign source income is not liable to tax in Singapore, if not transferred to Singapore.
Singapore is the only country in the world that has a Tax Treaty with Israel, and that does not tax at all income derived outside its borders.
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