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Business Incorporation in Singapore

Any kind of business organisation in Singapore needs to be registered with the local company registrar, ACRA. We help support companies and individuals on matters pertaining to Singapore company incorporation and provision of company secretary. We also assist in the preparation of all the necessary documents required for submission relating to the setting up of public and private companies, branch offices, representative offices, sole proprietorship, partnerships, limited liability partnerships and business name.

Setting up your company in Singapore has a number of advantages including limited personal liability and tax advantages making Singapore an attractive location to set up your office. Scroll down to find out more about the requirements and benefits of setting up a Singapore company.

What's Required

Minimum of 1 Shareholder

Minimum of 1 Director residing in Singapore

Appointed Company Secretary

S$1 Share Capital

Passport/IC of Shareholder(s) and Director(s)

Singapore-registered office address

Name of Proposed Company

Singapore Business Incorporation

Company Secretary Service​

Why Singapore

Attractive Tax System

100% Foreign Ownership & No Currency Controls

Ease Of Incorporation & Operation

Support for Startups

Strategic Geographical Location

A Robust Economy

Well-trained and Productive Workforce

Stable political and economic climate

Why Choose Us

Our pool of professional Chartered Secretaries provides relevant advisory services to help you achieve the highest standards of reporting, disclosure and compliance in a timely and cost-effective manner.

Easy Compliance with

FAQ Singapore Company Incorporation

Foreigners incorporating in Singapore must engage the services of a corporate service provider to register a Singapore company

Singapore company registration requirements consist of:

  1. Shareholding. A company must have a minimum of 1 and a maximum of 50 shareholders. Shareholders can be natural persons or corporate entities. 100% foreign shareholding is allowed.
  2. Share Capital. The minimum paid-up capital to set up a company is S$1. A company can increase its share capital at any time by injection of additional capital.
  3. Directors. Both Singapore-resident and foreign-resident persons can be directors of a Singapore company. Corporate directors are not permitted. A company must have at least one Singapore-resident director. Singapore-resident is defined as someone who is a Singapore citizen, a Singapore permanent resident or an Employment Pass holder.
  4. Company Secretary. A company must appoint a qualified company secretary within 6 months of incorporation. The company secretary must also be a natural person and a resident of Singapore.
  5. Registered Address. Each company is required to have a local registered address in Singapore where the company will keep all of its statutory documents. The address cannot be a PO box.
  6. Company Name. The name of the company must be approved before proceeding with the registration of the company.

The registration procedure is online, quick, and efficient and consists of the following key tasks:

  1. Company name approval with ACRA
  2. Preparation of company registration documents
  3. Company registration with ACRA

Company registration government fees consist of:

  • S$15 government fee for company name application with ACRA
  • S$300 government fee for registration of the company with ACRA
  • Government fees – $315.50
  • Service fees – SGD$1,280 (Biz Vision Fees)

Accounting and Corporate Regulatory Authority (ACRA) will refuse a proposed Company names if it is similar, identical of phonetically the same as a company or business already registered in Singapore company name list in ACRA.

There is Singapore company name restrictions, use of certain words such as “bank”, “insurance”, “university”, and “education” could be subjected to control and regulation by Government authorities and will require permission before you can proceed to set up the Company. The appeal process will take 1 day to 14 days in general.

  • Certificate of incorporation of corporate shareholder
  • Business Registration documents of Corporate shareholder (memorandum and articles of association, business registration certificate)
  • Certificate of incorporation of corporate shareholder
  • Business Registration documents of Corporate shareholder (memorandum and articles of association, business registration certificate)

Company’s Constitution, Business profile (these 2 are generally the official corporate documents upon company incorporation)

A director of a company incorporated under the Companies Act, Cap 50 (‘the Act’) has to comply with a number of statutory obligations under the Act. The following are two of the statutory obligations which ACRA takes enforcement action.

  • Section 175 of the Act requires the company to hold an Annual General Meeting (AGM). Listed companies are to hold the AGM within 4 months after Financial Year End (FYE), while any other company is to hold their AGM within 6 months after FYE. Private companies may not need to hold an AGM if they meet the criteria specified in section 175A of the Act.
  • Section 197(1)(b) of the Act – The company is required to lodge an AR within 30 daysafter its AGM. A company having a share capital and keeping a branch register in any place outside Singapore, is required to lodge an AR within 60 days after its AGM.

The Inland Revenue Authority of Singapore (IRAS) is a statutory board of the Singapore Government under the Ministry of Finance of the Singapore government in charge of tax collection.

Appointed Tax Agent is able to assist in annual tax filing requirements to IRAS.

Contact us today

Get Started with your Singapore Company Today

Our friendly, knowledgeable team are ready to help you with your questions! Please contact us at the number below or send us an email.

WhatsApp: +60 11 7019 7694

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