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  • A company needs to have at least one shareholder who can be a local or foreign individual or company.
  • At least one of the directors must be a natural person, above the age of eighteen years old, and a resident of Singapore.
  • A shareholder who is a natural person can also be a director of the company.
  • A qualified company secretary has to be appointed. The secretary must be a resident of Singapore.
  • Company must have a physical, local address in Singapore.
  • The company must have a paid up capital of at least $1.

 

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