Key Note

Whether you are a foreigner looking to register a company in Singapore or an existing business owner who wishes to expand and register a new company, you’ve come to the right place!

Whether you’re local or international, our expert team will guide you through the efficient process of incorporating your Singapore company. With decades of experience and in-depth knowledge, we navigate you through complexities, ensuring full compliance with necessary procedures.

Let us help you to unlock the myriad opportunities that Singapore offers for your entrepreneurial journey and give you the best company incorporation experience in Singapore.

Understand Register a Singapore Company Requirements

The requirements for registering a company in Singapore are simple and straightforward. They are:

  • Company name & Business activity

  • At least one local resident

  • At least one shareholder

  • Minimum S$1 capital

  • Company Secretary

  • Physical Singapore Office Address

Check Your Company Name through ACRA using our free tool!

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How to Register a Company in Singapore?

Now that you know the requirements to set up a company in Singapore, swipe to see the step-by-step guide on registering your new company and use our free tools – company name checker & SSIC code search engine.

Step 1: Select a company name and types

You can reserve a company name ahead up to 120 days before registering for company incorporation. Ensure the name is unique and not already registered and is based on your business structure.

Check and register your company name in Singapore through ACRA using our free tool!

Step 2: Check your Singapore business activity code

The SSIC provides a comprehensive list of codes and descriptions for various industries and economic activities. Accurately select the BAC that aligns with your primary business operations to ensure compliance and proper reporting to regulatory authorities.

Your SSIC Code, required by ACRA to complete your company registration, can be found by searching your primary business activity.

Step 3: Apply for business license

Depending on the nature of the business, certain industries may require specific licenses or permits.

We highly recommend seeking professional advice from our corporate service provider to ensure compliance with the latest regulations before you proceed. Regulations can change frequently.

Incorporating a Singapore offshore company is a viable option, eliminating the need for you to travel to Singapore if you are based overseas.

Step 4: Open a Bank Account

After you’ve successfully incorporated your company, you will need to open a corporate bank account. You will need to provide documents, including Certificate of Incorporation, identification, and other necessary paperwork, to the bank. Ensure that all documents are accurate and up-to-date to facilitate a smooth processing of your account.

If you are a foreigner, you will need to take the initiative to apply for a work visa. You can designate someone to open a bank account for you in Singapore.

Step 5: Stay compliant

After you’ve successfully incorporated your company, you are bound by governmental regulations.

These include corporate secretarial activities, accounting, corporate tax filing, and compiling of financial statements.

Leave all compliance work to our Chartered Accountants to ensure you never miss a deadline – penalties are involved if you do!

Reach our Representatives

The best way for the foreigners who want to enter Singapore market is to go through a company incorporation service providers that provide you one stop service from registering a business all the way to post-incorporation.

Reach out our sale representative for register a company in Singapore

Register your company in Singapore as Foreigners?

  • Just like a local Singaporean, a foreigner can register a company and own its 100% shareholding without facing any difficulties.
  • To obtain a working visa pass, such as an Employment Pass, Dependent Pass, ONE Pass, EntrePass, or Personalised Employment Pass, is necessary.
  • The most common visa, Employment Pass, allows foreign professionals, managers and executives to work in Singapore.
  • Complete your company registration before applying for the employment pass; however, please take note that your application is subject to approval by authorities.
Singapore Company Incorporation Tips for foreigner
Singapore Company Incorporation Tips for foreigner
  • Must be at least 18 years old
  • Required to clear their outstanding Medisave liabilities with CPF Board
  • Must be either a Singapore Citizen, Singapore Permanent Resident

Incorporate a company in Singapore as Local?

Your Questions, Answered

Starting a new company can be daunting – here are the top 6 questions regarding Singapore company registration that will clear your doubts!

Is Singapore company registration possible if the owner is currently overseas?

Yes, we can support your Singapore company registration remotely. You will only need to get in touch and provide us with the necessary documents for a smooth and efficient registration.

Yes, it is a mandatory in Singapore. If not, will result in the imposition of penalties, fines, and potential legal repercussions as Companies Laws.

All Singapore companies should have at least one director who is a Singapore Citizen or one who holds a Singapore permanent resident or an employment pass holder. Important to take note, foreign director can be appoint alongside the local director.

The answer is quite straightforward. A private limited company must have a minimum of one shareholder, according to Singapore company laws. Here are more info to read the article.

The benefits include limited liability for shareholders, a separate legal entity status, ease of raising capital, tax incentives, and credibility with clients and investors.

A Private Limited Company (PTE LTD) in Singapore is a separate legal entity from its owners, offering limited liability protection to its shareholders. This means that shareholders are only liable for the company’s debts up to the amount of their investments.

No, S Pass or Work Permit holders in Singapore are not allowed to open company in Singapore. They are prohibited from being shareholders, owning, or managing businesses in the country.

We pride ourselves on offering competitive and reasonable incorporation prices. We believe in transparency and value for money. Our goal is to provide you with a cost-effective solution that meets your specific business requirements.

How long does it take to incorporate a company in Singapore?

The safest timeline for setting up a company in Singapore ranges from 5 to 7 working days. This timeline’s variability can depend on factors like how efficiently the company secretary collaborates with shareholders/directors.

One significant factor influencing the timeline is the promptness with which each shareholder and director. They must provide their personal documentation, including proof of identification and residential address, to the secretary for verification. This ensures a streamlined process and facilitates the necessary verification steps.

The faster these documents are submitted. the quicker the secretary can proceed with the necessary paperwork and registration process. Some company setup can be complete within a few hours. Others may take a few days if there are delays in gathering the required documentation.

For shareholders and directors, understanding the importance of timely document submission is crucial. It expedites the company setup process and ensures a smooth and efficient incorporation experience.

Singapore Company Registration Articles

Supplement your existing knowledge with additional insightful readings that we’ve crafted based on our 14 years of experience.

Singapore-Company-Registration-Guide-2022

Starting a Business Registration in Singapore

Here are key differences in the business registration process for locals and foreigners, impacting the timeline and complexity.

Challenges of International Compliance in Singapore for Foreign Entrepreneurs

Challenges in Singapore for Foreign Entrepreneurs

Here are some compliance requirements that all businesses need to adhere to if they plan to expand their operations to Singapore.

How Can Foreigners Set Up A Company In Singapore?

Register a Business in Singapore as a Foreigners

One of the more common questions we usually get for foreigner, who want to open a company in Singapore.

Reasons to Setup a Company in Singapore

Right Place to Company Incorporation in Singapore

If you have a bright idea or a burning interest, here are some good reasons why you should start your business in Singapore.

Ready to Register in Singapore?

We have registered businesses from various industries across Singapore, Malaysia, Indonesia, Vietnam and Hong Kong. With twenty years of cumulative experience, we have become intimately familiar with the complexities of company registration. Our expertise includes achieving a remarkable 93% success rate for Singapore Employment Pass applications.

With the help of our dedicated team and reliable incorporation services, your company will become incorporated in no time.

Happy Smile Clients with us for Company Register in Singapore with Employment Pass

Discuss with us and pick a structure

Choose a suitable name for your company

Upload your documents to our platform

E-sign the incorporation papers we prepare