Singapore Company Incorporation Options for the Singapore Residents

Company formation in Singapore is relatively straightforward for the local residents. First, however, you must understand the business entity that will meet your requirements. The three most popular business entities for registration in Singapore are Limited Liability Partnership, Sole Proprietorship, and Private Limited Companies.

Singapore Company Incorporation Options for the Singapore Residents

Company formation in Singapore is relatively straightforward for the local residents. First, however, you must understand the business entity that will meet your requirements. The three most popular business entities for registration in Singapore are Limited Liability Partnership, Sole Proprietorship, and Private Limited Companies.

Select any of the Company Registration Options from the following:

Singapore Private Limited Company
The Private Limited Company, is one of the most sought-after business entities in Singapore among entrepreneurs. Newly-incorporated companies can take advantage of tax exemption on the initial $100,000 of chargeable income in the first three years of its inception.
Singapore Sole Proprietorship
The Sole Proprietorship is one of the simplest forms of business entity with one owner who will be responsible for all the liabilities and assets belonging to the company. Residents and citizens can register a Sole Proprietorship.
Singapore Limited Liability Partnership
LLP, or the Limited Liability Partnership, is the ideal mix of private companies and partnerships. This structure is the perfect option for businesses that offer professional services in architecture, law, accountancy, and management consultancy.
So, if you are ready for Singapore company registration, contact our experts soon. We will simplify the registration process with a highly competitive pricing structure, transparent service, and committed support.

Company Formation in Singapore - FAQ

Does a foreigner need to visit Singapore to establish a company?

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

What are the key requirements for setting up a Singapore 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

What are the minimum and maximum number of shareholders a company can have?

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

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