Incorporate a Company in Singapore effortlessly
Your one-stop destination for setting up a company in Singapore quickly and easily
Advantages of incorporating a company in Singapore
01
Business Focused Environment
Private companies enjoy the privilege of 100% foreign ownership
- Vibrant investor, startup, and venture capital communities
– Efficient and world class regulatory environment
– Streamlined incorporation process
02
Low Tax Rates
Reduced tax rate for the first 3 years at 75% exemption on the first $100,000 and further 50% exemption on the next $100,000 of chargeable income
– 0% tax on dividends and capital gains
– Low corporate and personal tax rates
03
Access to Talent pool
Large number of global and local talent pool
– Gateway to ASEAN region
– Well connected to USA, Europe and Asia
Requirements for opening a company in Singapore
- At least one Local Director: ACRA requires all Singaporean companies to appoint at least one local resident director, who can be a Singaporean citizen, permanent resident, or Entrepass holder.
- Registered business address in Singapore: When registering their company in Singapore, every business must possess a local registered office address.
- Local Company Secretary: All Singaporean incorporated companies must designate a company secretary within 6 months of their registration date. It is strongly advised to appoint a company secretary during the company registration process, as they assist in preparing essential company documents like Share Certificates and First Board Resolutions.
- Business Bank Account: A business bank account is required in order to do business. We will assist you in opening a bank account so that you can start operating your business right away.
- Employment Visas: In case you plan to locate to Singapore, we will assist you with filing for an Employment visa and Dependent visa for your family members
Service we provide
- Company registration
- Corporate Secretary
- Mailroom and registered address
- Accounting and tax
- Nominee Director
- Bank Account opening services
- Visa application services
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Join 1000s of start-ups who have incorporated their company in Singapore
Frequently Asked Questions
The process involves several steps, including selecting a company name, appointing directors and a company secretary, deciding on the company's business activities, and registering with the Accounting and Corporate.
Regulatory Authority (ACRA)
The requirements include at least one director who is a Singaporean resident, a local registered office address, a company secretary within 6 months of registration, and a minimum paid-up capital of S$1.
Yes, foreigners can set up a company in Singapore. However, they must appoint a resident director who is either a Singaporean citizen, permanent resident, or holder of an Employment Pass or Entrepreneur Pass.
No, physical presence is not required. Company incorporation procedures can be completed online through the ACRA website or with the help of a registered filing agent.
With all necessary documents and information prepared, the incorporation process usually takes 1 to 3 days. However, it may take longer if additional approvals or documents are required.
Companies in Singapore must comply with various ongoing requirements such as filing annual returns, holding annual general meetings, maintaining proper accounting records, and renewing business licenses and permits as necessary.
Yes, you can change the company name or business activities after incorporation by filing the necessary changes with ACRA. However, certain restrictions and procedures may apply.
While it's not mandatory to open a corporate bank account in Singapore, it's highly recommended to facilitate business transactions and comply with financial regulations. Many banks in Singapore offer corporate banking services tailored to business needs.