Company Formation Singapore

CHECK COMPANY
NAME AVAILABILITY (Step 1)



Articles

Company Formation Comparison: Singapore Vs. India

Updated on Tuesday 08th November 2016

Rate this article
5 5 1
based on 0 reviews


Company formation comparison Singapore vs IndiaForeign enterprisers seeking to open companies in Asia have several countries to choose from. Their decision will usually depend on the market they address and the connections they need in order to supply their products or services. This article will offer a comparison between opening a company in one of Asia’s largest countries, India, and the opposite- one of the smallest countries which is Singapore.

Our company registration specialists can assist foreign investors who want to open a Singapore company.

The company incorporation procedure in India

One might think that both being Asian countries, Singapore and India will have the same company formation process. Even if the steps are similar up to a point, foreign investors should know that there are a lot of Indian citizens doing business in Singapore due to the facilities the Singapore authorities provides for foreign entrepreneurs.

The company registration process in India consists in:

  • -          choosing and reserve a company name;
  • -          applying for a Director Identification Number (DIN);
  • -          registering a digital signature;
  • -          completing the forms for company registration;
  • -          drafting the incorporation documents.

Compared to the company registration process in India, the registration of a company in Singapore implies fewer steps.

The Singapore company formation process

As seen above, incorporating a company in India is subject to requirements such as obtaining the DIN and the digital signature, steps which are not mandatory when registering a company in Singapore.

The Singapore company formation process implies the following:

  • -          drafting the statutory documents;
  • -          appointing the directors and secretary;
  • -          reserving the company name;
  • -          filing for company registration.

The time frame for incorporation is also lower in Singapore compared to India. A tip for those seeking to open a company in Singapore or in India is to check the business culture, no matter the country they choose. One should also pay attention to the fact that they can only open private and public companies in India, while Singapore offers a wider array of business structures.

For full information on the types of companies one can establish in the city-state, please feel free to contact our company formation agents in Singapore.

 

Comments

There are no comments

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Why choose us?

As a DM Advisory client, you will benefit from the joint expertise of local lawyers and consultants for opening an offshore company in Singapore. 

Company-formation-Singapore-agents.png

Company-formation-Singapore-cost.png

Company-formation-Singapore-24.png

Company-formation-Singapore-1000.png


Call us now at + 852 8191 3385 to set up an appointment with our consultants in Singapore

 

Online Incorporation

tax-calculator-singapore

Tax Calculator

tax-calculator-singapore

Testimonials

Francesco-Dagnino.jpg

The experts at OpenCompanySingapore.com helped my clients establish a company in Singapore fast and easy. I would definitely recommend them to any foreign investor interested in forming a company in this Asian jurisdiction.

Francesco Dagnino, Partner of
Lexia Avvocati
www.LawyersItaly.eu

Read more testimonials

We Recommend ClientPedia

This website is marketed by ClientPedia

Banner-Promoting ClientPedia-244px.jpg

We accept online payments

paypal-logo.png