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How To Set Up A Company In Singapore
UAE free trade zones can provide a wide range of incentives for investors from around the world. The following information will help you decide whether establishing your company in one of the UAE free zones is beneficial for achieving your business objectives.
ACCLRT assists with all facets to register a new company in the form of a Free Zone Company (FZCo), including
a) company registration;
b) assistance in obtaining the trade license;
c) lease premises and
d) assistance in opening a corporate bank account.
Our staff will handle all formalities without our Client needing to visit Dubai.
International entrepreneurs can establish one of the following entities in the free zone. Healy Consultants will be pleased to assist our Clients in choosing the optimum business entity:
- A free zone company (FZC) – this entity requires a minimum of two shareholders;
- A free zone establishment (FZE) – this entity requires a minimum of one shareholder;
- Branch of a foreign company;
- Representative office from the parent company.
Banking In the Singapore
- Application forms
- Bank statements
- Bank reference letter
- Certified copies of passports, proofs of residence of all directors/shareholders
- Business plan
- Company business evidence (sales/purchase orders, invoices, etc.)
- Certified copies of your Cayman company incorporation documents
- Government certification of company good standing status
Please get in touch with us to know the exact essential documents for your case.
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Mauritius Authorized Company (AC)
Tax-exempted on profits earned outside of Mauritius
One of the world’s largest exclusive economic zones
A time zone suitable for most markets (GMT +4)
Political stability and sustained economic growth
High degree of confidentiality
Having signed Investment Promotion and Protection Agreements with 19 African member states
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KYC Documents Checklist
The following proofs are required for all company members including Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact persons.
Note: Please ensure the certified true copy (scanned version) of your identity and address proof contains sufficient details and exact wording as the sample →
Proof of Identity
Proof of Address
Proof of Fund Source
To establish the identity of a corporation or entity, it is necessary to provide company documents and proofs of its members.
Company Documents
Company Members
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Frequently Asked Questions
If you have any questions, feel free to contact us or schedule a free consultation with our team of experts.
What are the advantages of exempted company types?
An exempted company is not subject to any kind of corporate taxation given that the company conducts its business mainly outside of Cayman Islands. In addition, the company can request a tax exemption certificate to ensure its tax-free status for a period of up to 20 years.
Register of company shareholders is not open to the general public. Moreover, company maintenance procedures are simple and straightforward. The company doesn’t need to file its annual account to the government.
How to name an exempted company in Cayman Islands?
The name of an exempted company should not contain restricted words i.e. “royal”, “imperial”, “empire”, “municipal”, “chartered”, “co-operative”, “insurance”, “bank”, “assurance”, “gaming”, “lottery”… except with the prior consent of the Registrar. The name must also not be identical to the existing companies already registered. An exempt company does not need to include the word “Limited” or “Ltd” after its name.
- We price quote based on the info provided in the discussion.
- We guide you with any questions or notes along the way.
- We share it with you for your review and answer.
- After the review - you ESign, then we Efile.
- You receive a final copy for your records.
What are the requirements to set up an Exempt Company in Cayman Islands?
To set up an Exempt Company in the Cayman Islands, you must meet the following requirements:
- a minimum of one director (no residency requirement)
- a minimum of one shareholder
- a registered office in Cayman Islands
- no business with Cayman residents.
It is recommended that you seek the assistance of a professional services firm in company formation to ensure that all requirements are met and the process goes smoothly.
What is the current tax regime for a Cayman Exempted Company?
A Cayman Exempted Company is not subject to income, capital gains, and withholding taxes.
Furthermore, shareholders are not subject to estate or inheritance taxes on their shares or dividends received from those shares.
How long will it take to incorporate a company in Cayman Islands?
Hard copies of corporate documents are ready in around 7-10 working days from the full inception of all required documents. Express company formation in 48hrs for Cayman Islands company is also available if requested.