Company Registration Jurisdictions: Singapore Vs Indonesia

Company registration requirements and procedures vary across different nations.

This report provides a review of the company formation demands in Singapore versus Indonesia including minimal statutory provisions, foreign ownership policy, business process, and timeline, agreement, etc. To know about the best company registration in Indonesia you can search the browser.

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Foreign Possession

Singapore does not force any restrictions on foreigners who want to conduct sales in the country. It allows 100% ownership (i.e. shareholding) of a Singapore independent limited company.

The company may participate in any lawful business activity.

In Indonesia, the overseas administrators can set up a foreign direct investment company with 100% ownership but with the following constraints:

* The business activities are confined to only those which are open to foreign investment.

* Over 15 years from the commencement of business operations, the international shareholder is required to dispossess at least 5 percent of the parts into an Indonesian national or legal entity.

MINIMUM INCORPORATION REQUIREMENTS

In Singapore, the minimum incorporation requirements include a regional registered address; at least 1 citizen manager ( a PR, a Citizen, or a foreigner holding a valid business visa or Dependent Pass); a resident and qualified institution secretary (should be a natural person); a minimum of two and maximum of 51 shareholders (natural persons or partners ); and a minimum paid-up financing of SGD 1.00 (no accepted capital required).

Foreigners who want to register a company in Indonesia need to comply with these conditions: a neighborhood registered address; at least 1 manager (should not be a resident); minimum of 2 and a maximum of 50 shareholders (natural characters or corporates) and a commissioner.

Although there is not any mandatory minimum share resources necessity, authorities usually approve companies with the least share cash of USD 100,000 — USD 250,000.