Company Incorporation in Singapore - Step by Step Instructions
You can avoid piles of paperwork and take help of company experts like IMC for your company secretary and other corporate compliance matters. We have an established and well tested process for Singapore company formation and we will complete company registration for you within a reasonable time and cost framework.
With our expert support team, you can start your business from anywhere in the world.
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All about Company Incorporation in Singapore
Our firm has the resources, experience, and reputation to help handle all of your Company Incorporation needs.
Why Choose IMC for Singapore Company Incorporation?
Do your registration from anywhere:
You do not need to be physically present here to set up and manage your company in Singapore; so there is no need to fly here to do the process.
Safe & Secure Storage:
No need to save hundreds of documents and paperwork. You can now store all important documents on the cloud and simply access it from anywhere.
Streamlined & Simplified Processes:
We’ve simplified and streamlined all the processes for you to make it quick and simple to get your company started.
Transparent Pricing Model:
We do not burden you with any hidden fees. There’s just one cost to get you up and running.
IMC Group Member Firm of Andersen Global
Andersen Global was established in 2013 as an association of legally separate, independent member firms. It is comprised of more than 13,000 professionals worldwide, over 1,800 global partners, and a presence in over 390 locations in more than 170 countries worldwide.
Unlock the Potential of Singapore's Business Environment
Our Clients
Types of Business Entities & Companies in Singapore
Sole-Proprietorship (One Owner)
Partnership (Two or More Owners)
Limited Partnership
Limited Liability Partnership (LLP)
Private Limited Company
Variable Capital Company
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Singapore Company Registration Procedure
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New Company Registration in Singapore – FAQs
Foreigners can register a corporation in Singapore in three ways:
- Apply for an Employment Pass and move to Singapore
- Apply for an EntrePass visa and relocate to Singapore
- By choosing a resident nominee director, you can run a Singapore business from anywhere in the globe
- Appointing a qualified local company secretary
- Providing a local address as the registered address
- Appointing a local resident director
- The company needs a minimum S$ 1 share capital
The Accounting & Corporate Regulatory Authority (ACRA) is the Business Registrar and controls the process of forming a company in Singapore. It is governed by Chapter 50 of the Companies Act.
Things You Should Know Before Starting a Singapore Company
- Online company registration in Singapore is a well-organized procedure. Both local and foreign entrepreneurs can complete it in 1-3 days and start their business in Singapore without any difficulty
- As a foreigner, you cannot establish a company in Singapore on your own and must use a registered filing agent
- To relocate and work in the city-state, you will also require an Employment Pass/Entrepreneur pass. Inquire with your representative about customized Singapore company registration services
- In Singapore, anyone above the age of 18 can create a business. Foreigners can also own 100% of a firm
- To register a company in Singapore and maximize tax benefits, you can employ the following business structures or entity types
- Subsidiary Company, Branch Office, Private Limited Company (Pte Ltd)
Yes, you can use a Singapore specific domain name.
Singapore is called the “Lion City” because of its strong currency and infrastructure which in turn makes it the best place for companies moving to Singapore.
Reasons why companies are moving to Singapore
- One of Asia’s Highest Life Qualities
- Free trade agreements (FTA)
- Strong Economy
- Outstanding Physical Infrastructure
- Political environment is stable
- Powerful legal system
- Human capital and talent
- Pleasant Tax Structure
- Attractive Investment Plans
Select Your Business Entity
- You can choose your business entity after settling on your company plan
- Even though other options exist, many new businesses register with the Accounting and Corporate Regulatory Authority (ACRA) as “private limited corporations” because of their scalability
- Furthermore, stockholders are not accountable for debts or losses more than their share capital
Register Your Company
The private limited company is governed by the Singapore Companies Act and must follow the requirements of ACRA and the Singapore Inland Revenue Authority (IRAS). Among the titles are:
- ACRA Shareholders must approve the company name. A minimum of one shareholder is required
- At least one director must be based in Singapore
- Company secretary – Must be a Singapore resident as well
- A Paid-up capital of at least S$1 is necessary, as is a physical office address
- You can obtain a business profile from ACRA as a freshly incorporated Singapore firm
- This electronic report contains information about your company. It contains information such as your registration number (UEN), registration date, and shareholders
- This profile will be required to open a corporate bank account, apply for licenses and permits and check on potential business partners
Create a Bank Account
After you have formed your company, you can open a bank account in Singapore. You can select from a number of local and international banks.
Some popular choices include:
- DBS
- UOB
- OCBC
- Maybank
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Contact Info
+65 91269927
SINGAPORE
143 Cecil Street,
Singapore – 069542
Tel: +65-91269927
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