In order to redomicile a foreign company to Singapore it must comply with local legislation of this jurisdiction, namely:
If the company has subsidiaries, indicators of the group of companies are considered (according to the consolidated financial statements) even if only the parent company is being redomiciled. If the redomiciled company is a subsidiary, only its indicators are considered (financial statements of only one company are provided).
If a redomiciliation application is filed by both parent company and subsidiary simultaneously, the parent company’s application is considered first, then the subsidiary’s application.
Other supporting documents shall be signed by the company’s director(s):
1. Check of the company’s current name with the Registrar of Companies in Singapore for uniqueness. The name may not be the same as that of a company in existence in Singapore. If it is the same, the current name of the company will have to be changed.
2. Preparation in Belize of a set of documents of the company required to change jurisdiction. Preparation of financial statements (unless they have been prepared).
3. Preparation of a set of documents in Singapore.
4. Filing the set of documents with the Registrar of Companies in Singapore.
5. Finalization of the procedure of redomiciliation (“discontinuation”) with the Registrar of Companies of Belize.
6. Obtaining from the Registrar of Companies of Belize the Certificate of Discontinuance.
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Service
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Cost
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Redomiciliation from the country of incorporation: outward part
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Assistance in the procedure of redomiciliation of a company from Belize, including preparation of set of documents for change of jurisdiction to Singapore
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USD 4 345[3]
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Redomiciliation to Singapore: inward part
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Assistance in the procedure of redomiciliation to Singapore, including:
- state duty - provision of a registered address, services of a local secretary and a local nominee director (for the first year of the company’s existence) |
from EUR 6 700
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Postal services (starting from the first year), including receiving correspondence, scanning received letters and sending scan copies to the client
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EUR 935 / year
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Preparation of financial statements
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EUR 100 – 400 / hour
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Renewal of a company in Singapore
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Subsequent annual maintenance (starting from the second year), including:
- registered address and services of a local secretary - services of a local nominee director - annual update of the company’s file (including update of the register of beneficiaries in ACRA and filing of an annual return) and preparation of documents of annual general meeting for directors and shareholders’ signature The company renewal |
EUR 4 180 / year
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Postal services, including receiving correspondence, scanning received letters and sending scan copies to the client
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EUR 935 / year
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Compliance fee
Paid in case of: - company’s incorporation, - company’s renewal, - company’s liquidation, - transfer to another agent, - issue of a power of attorney for a new attorney, - change of director/shareholder/beneficiary, except for a change to a nominee director/shareholder, - signing of documents. |
EUR 385 (standard fee –
includes check of 1 individual) + EUR 165 for each additional individual (director, shareholder or beneficiary) or legal entity (director or shareholder) if legal entity is served by GSL + EUR 220 for each additional legal entity (director or shareholder) if legal entity is not served by GSL EUR 495 (fee for high-risk companies, including check of 1 individual) EUR 110 (signing of documents) |
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Preparation and filing of the company’s financial statements
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EUR 100 – 400 / hour
(minimum cost is EUR 2 090) |
Additional services
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Opening an account with a Singaporean bank
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EUR 6 000
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Services of a local nominee shareholder
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from EUR 650 / year
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[1] The list of documents is for companies served by GSL Law & Consulting. In the case of companies served by other agents, a set of documents needs to be provided to undergo the Due Diligence procedure.
[2] The cost of services is effective as of the September 2025 for companies served by GSL Law & Consulting.
[3] The basic cost of services is stated. The final assessment of the cost of services in the redomiciliation of a company to Singapore and preparation of the necessary set of documents depends on the policy and requirements of the registered agent that serves the company in its country of incorporation.