Incorporate a Singapore Company with 5 Simple Steps

The process of setting up a company in Singapore may appear challenging. In this guide, we simplify the procedure and guide you through the necessary steps to establish a new Singapore-based business. If you are prepared to begin the incorporation process.

Assisting Thousands with Singapore Company Registration

The Process to Establish a Business in Singapore Includes:

Step 1: Familiarize yourself with Singapore’s business incorporation regulations
Step 2: Establish the corporate framework and gather necessary documentation
Step 3: Verify the availability of your preferred company name
Step 4: Execute the incorporation paperwork
Step 5: Formalize the company and set up its banking account
Frequently Asked Questions

Comprehend Singapore's Business Incorporation Requirements

The prerequisites for setting up a company in Singapore are clear and uncomplicated. They include:

Minimum of 1 Shareholder

To establish a Singapore company, you must have at least one shareholder. This can be an individual or another corporation. Naturally, you can have additional shareholders, with a maximum of 50 shareholders for a Singapore private limited company. It is important to note that 100% foreign ownership is permitted, meaning all shareholders can be non-residents.

Initial Capital of SGD 1

Your Singapore company can be formed with a minimum capital of just 1 Singapore dollar. If necessary, you can increase the capital later by infusing more funds and informing the company registrar.

At Least One Singapore-Resident Director

Both Singapore residents and non-residents can serve as directors for a Singapore company, provided there is at least one director who resides in Singapore. Corporate directors are not allowed, meaning a company cannot act as a director; it must be an individual. If you lack a Singapore-resident director, you can utilize our nominee director service to fulfill this requirement. For more information, explore local director options for companies owned by foreigners.
Company Secretary

Singapore-Resident Company Secretary

A Singapore company is required to appoint a company secretary who resides in Singapore. The company secretary is responsible for making sure the company adheres to its regulatory obligations and filings. When you incorporate your business with our assistance, we will appoint a company secretary for your organization.

Registered Singapore Address

The company must maintain a registered address in Singapore, where all official documents must be stored. A PO box is not acceptable as a registered address. When you incorporate your business with our support, we will provide our address as your company’s registered address.

Determine Corporate Framework and Gather Essential Documents

The following step in establishing a business in Singapore involves deciding on its corporate structure. Consider these key questions:
  • Who will be the company’s shareholders, and what proportion of shares will each hold? If you are setting up a subsidiary in Singapore, your existing local or foreign company will be the sole shareholder. For a new venture, you and any other partners will be the shareholders.
  • Who will serve as the company’s directors? Who will be the Singapore-resident director? Will you need our nominee director service?
  • What will be the company’s initial share capital? Generally, most companies are incorporated with a modest capital, such as SGD 100.

Singapore’s business incorporation regulations mandate that the incorporation firm must collect and verify identification and background information about the proposed shareholders and directors. The following are general guidelines for the types of documents required to fulfill this requirement:

Individual Shareholder Documents

  • Passport copy
  • Singapore ID if the individual resides in Singapore
  • Residential address proof (for example, a driver's license, a recent utility bill, rental agreement, etc.)
  • Professional background description; e.g. in the form of a resume

Corporate Shareholder Documents

  • Certificate of incorporation of the company that will be the shareholder (i.e. the parent company)
  • Business profile of the parent company containing information about its business activities, share capital, shareholders, and officers
  • An ownership structure chart that identifies the Ultimate Beneficial Owners (UBO) of the parent company
  • Board resolution from parent company authorizing the registration of a subsidiary company in Singapore

Effortless Experience!

We streamline the process of gathering your essential documents. Once we understand your Singapore company requirements, our team will inform you about the required documents, including those needed for the KYC due-diligence mandated by Singapore regulations.

No Notarization or Physical Document Submission Needed. Simply Upload Them to Our Secure Portal.

Sign All Documents Electronically! Eliminate the Need for Faxes, Scanned Documents, Couriers, or Mail.

Secure Approval for Your Company's Name

Singapore’s company law mandates that a company’s name must be separately approved before incorporation. Name approval is typically a swift process if you adhere to these guidelines:
  • Distinctiveness

    The name must not be identical or substantially similar to that of an existing business in Singapore.

  • No Trademark Violation

    The name should not infringe on any trademark or copyright that you do not own.

  • Unreserved

    The name must not be reserved by another individual or entity; only one person can reserve a name at a time.

  • Appropriate Language

    The name should not be obscene or vulgar, and must not contain any offensive words.

Effortless Experience!

Once you engage our services for your Singapore company registration, we will promptly submit an application to secure approval for your preferred company name. If your first-choice name is unavailable, our team will proceed with applying for your alternative selections.
Additional information

  • If a company name follows Accounting and Corporate Regulatory Authority (ACRA)’s rules, it is typically approved in less than an hour.
  • A name may be referred to another government authority for further approval if it contains certain regulated business words such as “finance”, “legal”, “law”, “broker” or “school”. This can delay the name approval process.
  • Once approved, a name is reserved for you for 120 days. If you do not incorporate a company with that name within that period, the name is released and can be reserved by another person.

Execute Incorporation Paperwork

Once the name has been authorized, the subsequent documents must be compiled, signed, and submitted to ACRA:
  • Company Constitution. You may opt for the default Singapore company constitution suggested by ACRA.

  • Consent by each company director to act as a director. We will prepare this document for your company.

  • Consent by company secretary to act as the company secretary. We will prepare this document for your company.

  • Declaration of the company's controllers. We will prepare this document based on the information you provide to us.

Simplify the Process!

As your designated incorporation service, we will compile all required documents. Your responsibility is to review and electronically sign the paperwork via our online portal.

Formalize Company and Set Up Bank Account

After the incorporation paperwork is prepared and executed, we will proceed with registering the company with Singapore’s company registrar, the Accounting and Corporate Regulatory Authority (ACRA). The Singapore company registration process is carried out online, and in most instances, it is completed within an hour.

ACRA will provide the following official documents upon registration:

  • e-Certificate of Incorporation. This official electronic document validates the establishment of a company in Singapore. The certificate displays the company’s name, the incorporation date, and the company registration number, referred to as the Unique Identification Number (UEN). ACRA does not issue a hard copy of the certificate of incorporation by default, as it is not required for any purpose in Singapore; the e-Certificate is sufficient.
  • Business Profile. This document outlines the company’s corporate structure. The information detailed in the document includes the company’s primary business activity, registered address, shareholder and director information, and shareholding structure.
Following registration, all official documents will be instantly accessible on our online portal. Once your Singapore company is registered, you are free to conduct business under its name.

Simplifying the Process!

Our team will guide you in choosing an appropriate bank for your company’s corporate bank account and introduce you to the relevant bank representatives.

FAQs for Registering a Company in Singapore

Do you provide a complimentary consultation if I have queries about incorporating a company in Singapore?

Indeed, we do. We are keen to understand your objectives and suggest the most suitable alternatives for your circumstances. To begin, you may either converse with our virtual agent by clicking on the chat icon at the bottom right or submit your inquiry for a swift response. We can address your questions via email, schedule a Zoom call, or arrange an in-person meeting at our Singapore office.

What type of company will I be establishing in Singapore?

You'll be creating a limited liability company, commonly referred to as a "private limited company." Some business owners are unclear about the various kinds of private companies in Singapore, including a Private Limited Company, Exempt Private Company (EPC), and Subsidiary Company. Our guide on the different forms of private limited companies clarifies what a Private Limited Company is and how it can acquire the attributes of an Exempt Private Company or a Subsidiary Company. However, it's important to remember that Exempt Private Companies and Subsidiary Companies are just types of Private Limited Companies.

How long will it take to incorporate my company in Singapore?

The registration of a Singapore company involves several steps, each with its own typical timeline, as outlined below. Please note that some of these timelines depend on your response time, so if you take longer to gather the necessary information, the corresponding step may take longer.

  • Sharing information about company structure and supporting documents: Anywhere from 1 hour to a few days (depends on the client).
  • "Know Your Client" (KYC) checks by Corporate Service Provider as required by law: 1-2 days, depends on the complexity of the corporate structure
  • Reservation of Company Name with ACRA: Less than 1 hour
  • Preparation of incorporation document set: 1-2 hours
  • Client Review and Signatures on document set: Anywhere from 1 hour to few days (depends on the client and number of signatories involved)
  • Incorporation with ACRA: 1-2 hours

Therefore, the total time can range from 1 day to several days, primarily depending on the client's response time.

Is it necessary for me to be in Singapore to set up my company?

No, it isn't. With our online platform, we can incorporate your company without your physical presence in Singapore. All essential tasks can be accomplished remotely. Additionally, many Singapore banks now offer remote account opening services. Given the current COVID-19 situation, a visit to Singapore isn't required.

Can I manage my Singapore company from abroad?

Absolutely, you can run and manage your Singapore company from any part of the world if this approach better aligns with your operational and business goals. Hence, you can establish and successfully operate a Singapore company without ever visiting Singapore.

If I avail of your nominee director service, will the nominee director be involved in my company operations?

To fulfil the requirement of having a Singapore-resident director, you can avail our service to "hire" a person who will be appointed as a local director for your company. This director is termed as a "nominee director". Our nominee director will not engage in the management or operational tasks of your company. The actual directors (i.e., your foreign directors) will be in charge of running the company; the nominee is merely present to comply with the legal requirement. For more information, please refer to our nominee director guide.

Our Accreditations


Phone Number

E-mail address

Give me a Callback

Schedule a Callback