Company registration requirements and processes vary across different states. For more information about company registration Indonesia visit https://emerhub.com/lp-company-registration-indonesia/
This report gives a review of the business formation requirements in Singapore versus Indonesia including minimal statutory requirements, foreign ownership policy, incorporation process, and timeline, compliance, etc.
Singapore doesn't impose any limitations on foreigners who would like to conduct business in the nation. It allows 100% ownership (i.e. shareholding) of a Singapore separate limited company.
The business may participate in any lawful business activity.
In Indonesia, the foreign administrators can set up a foreign direct investment firm with 100% ownership but with the following limitations:
* The company activities are limited to only the ones that are open to foreign investment.
* Over 15 years from the commencement of commercial operations, the foreign shareholder is needed to divest at least 5 percent of the shares into an Indonesian citizen or legal entity.
MINIMUM INCORPORATION REQUIREMENTS
In Singapore, the minimal incorporation requirements include a regional registered address; at least 1 resident manager ( a Singapore PR, a Singapore Citizen, or a foreigner holding a valid work visa or Dependent Pass); a neighborhood resident and qualified association secretary (should be a natural person); a minimum of 2 and maximum of 51 shareholders (natural persons or associates); and a minimal paid-up funding of SGD 1.00 (no approved capital required).
Foreigners who would like to register a business in Indonesia must comply with these requirements: a neighborhood registered address; at least 1 manager (shouldn't be a resident); minimum of two and a maximum of 50 shareholders (natural personalities or corporates) and a commissioner.
Although there isn't any compulsory minimum share resources requirement, authorities usually approve companies with the least share money of USD 100,000 – USD 250,000.