The construction industry is one of the most attractive industries in Singapore that has attracted many foreign investors to the city-state during the last years. According to the Singapore Companies Register statistics, company incorporations in the construction industry have raised a lot during the last years. Before applying for the professional engineering services license, the investor must register the Singapore company as a limited liability company, an unlimited company or a partnership. However, the most employed type of construction company is the limited company due to the tax exemptions in Singapore. The requirements for the registration of a construction company are:
Also, before starting operating, approvals from the Urban Redevelopment Authority, the Singapore Civil Defense Force must be obtained.
Among the services we provide are also those related to setting up a subsidiary in Singapore.
You can also watch the video below on how to open a company in Singapore in the construction sector:
As seen above, in order to register a construction company, the majority of the Singapore company’s management must have a professional engineering services license. In order to obtain the professional license one must submit the following documents with the Professional Engineers Board of Singapore:
The professional engineering services license in Singapore has one-year validity.
We can also support you if you want to expand your business by registering a subsidiary in Singapore.
In order to start operating, a Singapore construction company is required to obtain other licenses. Among these are:
If you want to open a company in Singapore in this industry please contact our specialists in company incorporation for complete assistance.