Basic Requirements to Register A Company

 The following are the basic requirements to register a company in Coimbatore:

 1) Company Name

The company name must be approved before you can register your company. This typically takes 2-3 hours if there are no problems, e.g. conflicts with existing names. Biz File, ACRA's business portal, provides a name search function to facilitate this.

 2) Directors

There must be a minimum of 1 resident director. A resident is defined as an Indian citizen, someone who has an Employment Pass, EntrePass, or Dependant Pass. Directors must be at least 18 years of age, not bankrupt, and free from any past convictions. Directors may not necessarily be shareholders in the company.

 3) Shareholders

A minimum of 1 shareholder to a maximum of 50 shareholders in the company - can be a person or any legal entity. 100% local or foreign shareholding is allowed.

 4) Company Secretary

Every company must appoint a Company Secretary within 6 months of its incorporation, who must be a natural person and resident in Coimbatore. If the company has only 1 director/shareholder, that same person cannot act as the Company Secretary.

 5) Paid-up Capital

The minimum paid-up capital to register a company in Coimbatore is S$1.

 6) Registered Address

A local address must be provided at the registered address of the company. This can be a commercial (physical rented office or shared/virtual office) or residential address.