Company Formation in Singapore

Registration from anywhere around the world
From selecting a specific industry focus to choosing the right location within Singapore’s dynamic ecosystem, costs and opportunities vary. With options crafted to cater to unique business needs, we’re here to ensure your setup aligns perfectly with your goals in this thriving global hub!

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Benefits of Singapore Company Formation

Strategic Location

Singapore's strategic location in the heart of Asia provides access to key markets, making it an ideal hub for company formation in Singapore.

Political Stability

A stable political environment ensures secure business operations and smooth company formation.

Highly Skilled Workforce

Access to a pool of highly skilled professionals for your company incorporation in Singapore.

Benefits of Singapore Company Formation

Business-Friendly Environment

With low corporate taxes and numerous incentives, Singapore supports business growth, making it an ideal location for company incorporation.

World-Class Infrastructure

Excellent infrastructure in Singapore facilitates smooth business operations, including efficient company setup processes.

Compelling Tax Benefits

Singapore, ranked #2 globally for ease of doing business, offers low taxes and extensive tax benefits.

Key Requirements for Incorporating a Company in Singapore

If you’re planning to set up a company in Singapore, it’s important to know the requirements for registration. This includes understanding the necessary documents and fulfilling the legal obligations needed to register a company successfully.

The minimum requirement for paid-up capital is $1. After the registration, they have the option to increase the paid capital at any time.

It is mandatory to have at least one local resident director. The Director can be a Singaporean, a permanent resident or an individual with a valid employment pass.

At least one shareholder and not more than 50 shareholders. Shareholders can be other legal entities or a person. 100% foreign shareholding is also allowed.

Get the company name approval from ACRA.

It is mandatory to have at least one company secretary.

When registering in ACRA, it is essential to have a local address registered.

Key Documents Needed for Registering a Company in Singapore

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Approved Company Name

Must comply with ACRA guidelines

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Registered Office Address Proof

Lease, sale, or rental agreement

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Local Director Information

ID proof and consent form

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Shareholder Details

ID proof and share allocation specifics

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Identification Documents

Passport copies and other valid IDs

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Corporate Shareholder Documentation

Required if a company acts as a shareholder

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Memorandum and Articles of Association (MoA & AoA)

Standard company documents outlining purpose and regulations

Incorporating a Business in Singapore for Foreigners

The Accounting and Corporate Regulatory Authority (ACRA) regulates the company incorporation process in Singapore.

As a foreigner, you cannot open a company in Singapore independently. You are required to appoint a registered filing agent and obtain an Entrepreneur pass (E Pass) to relocate and work in the city-state. It is advisable to ask your agent for customised solutions for registration of your Singaporean company.

Registered Filing Agent

You can simplify your task by appointing a registered filing agent such as a Singaporean accounting firm, law firm, or secretarial service.

Local Director

When registering a new company in Singapore, it is necessary to appoint a local director who is a Singaporean, Permanent Resident, or EntrePass holder.

Why Choose IMC for Singapore Company Incorporation?

Others

Feature

What IMC offers

General understanding of local laws.

Local Expertise

Expert team with in-depth knowledge of local laws, strong ties with authorities, and practical guidance.
Standard service with basic support.

Service Commitment

Dedicated partnership offering personalised attention and ensuring precision from the start.
Limited remote assistance; may require physical presence.

Remote Registration

Complete remote setup services, eliminating the need to visit Singapore for company incorporation.
Physical documentation, risking loss or damage.

Document Storage

Secure cloud-based storage for all essential documents, enabling access anytime, anywhere.

Complex, tedious procedures require multiple steps.

Process Simplification

Streamlined, simplified processes ensure a quick and hassle-free company setup.
Hidden costs and unexpected charges.

Pricing Transparency

Transparent pricing with no hidden fees, providing clarity on the total cost upfront.

Why Choose IMC for Singapore Company Incorporation?

Local Expertise

Others

General understanding of local laws.

What IMC offers

Expert team with in-depth knowledge of local laws, strong ties with authorities, and practical guidance.

Service Commitment

Others

Standard service with basic support.

What IMC offers

Dedicated partnership offering personalised attention and ensuring precision from the start.

Remote Registration

Others

Limited remote assistance; may require physical presence.

What IMC offers

Complete remote setup services, eliminating the need to visit Singapore for company incorporation.

Document Storage

Others

Physical documentation, risking loss or damage.

What IMC offers

Secure cloud-based storage for all essential documents, enabling access anytime, anywhere.

Process Simplification

Others

Complex, tedious procedures require multiple steps.

What IMC offers

Streamlined, simplified processes ensure a quick and hassle-free company setup.

Pricing Transparency

Others

Hidden costs and unexpected charges.

What IMC offers

Transparent pricing with no hidden fees, providing clarity on the total cost upfront.

Types of Business Entities & Companies in Singapore

Shivani

Shivani Bhakar

Assistant Manager

Start Your Business Journey in Singapore with Confidence

You can just set up your business in Singapore with our comprehensive company formation services. We deliver end-to-end solutions, including company registration, regulatory compliance, and strategic financial planning, ensuring a smooth and efficient setup in Singapore’s dynamic market.

Our team of seasoned professionals provides personalized, tailor-made services to meet your unique business requirements, empowering you with actionable insights to drive growth and make informed decisions. With real-time data access and customized bookkeeping solutions, we optimise operational efficiency while ensuring full compliance with local regulations.

Partner with us to confidently navigate Singapore’s competitive business landscape and position your company for sustainable success. 

FAQs About Company Incorporation Services in Singapore

No, you do not have to be physically present in Singapore to set up a company.

  • A company needs to have at least one shareholder who can be a local or foreign individual or company
  • At least one of the directors must be a natural person, above the age of eighteen years old, and a resident of Singapore
  • A shareholder who is a natural person can also be a director of the company
  • A qualified company secretary has to be appointed. The secretary must be a resident of Singapore
  • Company must have a physical, local address in Singapore
  • The company must have a paid up capital of at least $1

A Singapore Private Limited Company (LLC) registration requires at least 1 shareholder. A Private Limited Company can have a maximum of 50 shareholders.

Registering a company in Singapore is straightforward and efficient. The process begins with choosing an available company name and preparing documents such as the company constitution, details of directors and shareholders, and the registered office address. Once completed, the documents are submitted online to the Accounting and Corporate Regulatory Authority (ACRA). Upon approval, an official business profile is issued, finalising the registration. Singapore’s system ensures a smooth and transparent experience for businesses.
For non-resident companies intending to set up in Singapore, we generally recommend a subsidiary setup, as it is regarded as a separate legal entity from the parent, and the parent’s financials need not be filed with Singapore authorities. Also, a subsidiary works like a normal Singapore Private Limited Company, which is treated as a tax resident and enjoys local tax benefits.
To verify if your company is incorporated in Singapore, visit the Accounting and Corporate Regulatory Authority (ACRA) website and search using your company’s name or Unique Entity Number (UEN).

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