Paid up Capital Requirements for New Companies in Singapore
In Singapore, to register a new company in the country, the paid up capital requirement is only SGD $1. This is clearly the lowest in the world and is a testimony to the fact that Singapore is the friendliest destination in the world for Entrepreneurs. As a matter of fact, Singapore’s business and economic policies encourage more individuals to start their own company regardless of whether they are from Singapore itself or from another country. Singapore has open doors policy for well qualified entrepreneurs or skilled professionals.
Paid up capital in Singapore companies is also known as share capital and is only SGD $1 at the moment. This is true for even foreign owned companies who want to register a subsidiary or a private limited firm in the country. However, you need to note that just in case the foreign owner of the company being formed in Singapore wants to relocate to the country to manage the business, they would have to apply for the entrepreneur pass or the Entrepass and the minimum paid up capital in such cases would be at least SGD $50,000
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