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Is there a limit on the registered capital of Singapore companies?

Released Date: Feb 06,2023 Article Source: HUANZE

At present, more and more Chinese entrepreneurs choose to register companies in Singapore, according to the inertia of the domestic thinking, the greater the registered capital of the company, the more powerful the company, in fact, the registered capital of the Singapore company does not require capital verification in place, and the strength of the company is not necessarily related.

At present, more and more Chinese entrepreneurs choose to work inSingapore incorporated companyIn accordance with the inertia of the domestic thinking, the greater the registered capital of the company, the more powerful the company, in fact, the registered capital of the Singapore company does not require capital verification in place, and the strength of the company is not necessarily related.

According to the Singapore government,Singapore incorporated companyMinimum capital is1The currency unit can be Singapore dollar, US dollar, RMB, Hong Kong dollar and other common currencies. There is no limit on the maximum registered capital. Although there is no maximum amount of registered capital, Linkser suggests that if there is no special need, it is best to limit the registered capital to50Within S $10,000 (or the equivalent of50Common currency within S $10,000). The reason is that if the registered capital of the Singapore company meets or exceeds50In ten thousand Singapore dollars, the Singapore government may list the company as a member of the business alliance, so that it needs to pay the corresponding membership fee every year. The specific fee shall be charged in steps according to the amount of registered capital, as follows:

1And the amount of registered capital 1S $100 million or more, Membership fee/The year is in New dollars856;

2,Amount of registered capital500S $10,000 and above1 Under S $100 million, Membership fee/The year is in New dollars642;

3And the amount of registered capital100S $10,000 and above500Under S $10,000, membership fee/The year is in New dollars428; 

4,Amount of registered capital50S $10,000 and above100Under S $10,000, membership fee/The year is in New dollars321.

Is there a limit on the registered capital of Singapore companies?

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