The prerequisites for establishing a Singapore company are as follows:
- The company must have a minimum of one shareholder, who can be either a local or foreign individual or company.
- At least one director must be a natural person, aged eighteen or above, and a Singapore resident.
- A shareholder, who is a natural person, is eligible to serve as a director of the company.
- A qualified company secretary, who is a resident of Singapore, must be appointed.
- The company must possess a physical, local address in Singapore.
- The minimum paid-up capital requirement for the company is $1..