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Singapore company incorporation process takes only 1-3 days. Our promotional company incorporation
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Company Incorporation in Singapore


OUR SERVICES
The Accounting & Corporate Reg ulatory Authority (ACRA) is the Company Registrar and governs
the process to incorporate a company in Singapore. It is as per the Companies Act, Chapter 50. Company Incorporation @S$699*
Corporate Secretarial Services
Things You Should Know Before Company formation in Singapore Accounting Services
The online company registration in Singapore is a well-optimized process. Both local & foreign
entrepreneurs can complete it in 1-3 days & set up their business in Singapore without any hassle. XBRL Filing

You, as a foreigner, cannot open a company in Singapore on your own and need to appoint a registered GST Filing Services
filing agent. You also need an Entrepreneur pass to relocate and work in the city-state. Ask your agent for Corporate Tax Services
the customised Sing apore company reg istration solutions.
Bookkeeping Services
Singapore Business Structures that Get You Maximum Benefits
Payroll Services
Any individual over the age of 18 can form a company in Sing apore. Even foreigners can own 100%
shares in a company. Registered Office Address
In Singapore, you can use the following business structures or entity types to register a company in Company Registration
Singapore and maximise tax benefits.
LEARNING GUIDE
Private Limited Company (Pte Ltd)
Subsidiary Company Singapore Company Registration

Branch Office Singapore Company Registration


Guide for Foreigners
Transfer of Shares
Singapore Company Liquidation
Consider below important points during Incorporation of company in Singapore: (Strike Off) Guide

Singapore Company Incorporation Services Sole Proprietorship or LLP to LLC


3 Steps for Company Registration in Singapore Up-gradation
Singapore Company Incorporation Package Singapore Private Limited
Official Documents Available Post Company Registration Company Registration Guide
Documents Issued by ACRA to You on Successful Company Registration Guide to Offshore Company
Post-Incorporation Tasks Registration in Singapore
Tips for Singapore Company’s Compliance Corporate Bank Account Opening
Guide
Employment Pass Guide
Guide to Select a Business
Structurer
Singapore Company Incorporation Services
Private Limited Company (Pte Ltd) MOST POPULAR BLOGS
Local and foreign individuals prefer to opt for private limited company reg istration. It is a tax-
FAQs Outsourcing Payroll Services
efficient and dynamic structure most suitable for business growth.
Payroll Services – Why Outsource
It can have 1-50 shareholders. In Singapore?
At least one director must be ordinarily resident (Singapore citizens, Permanent Resident, or an What is Payroll Outsourcing, How
Entrepass holder). Does it Work and Should You Be
Sing apore corporate income tax is in the range of 0%-17%. Using it For Your Business

It has a separate legal identity from company shareholders.


It has perpetual existence.
It is a legal person having rights of a natural person.
It can buy or sell property in its name.
It can sue or be sued in its name.
The company is responsible for its losses or debts.
Transfer of ownership of shares is easy.
It is credible to investors, financial institutions, suppliers, & customers.
As a tax resident, a local private limited company gets all tax benefits and incentives offered by the
authorities.

Subsidiary Company
A foreign corporate entity can set up a subsidiary company to expand its business activities to
Singapore.

It has a separate identity from its parent company.


The parent company can own 100% shareholding in its Sing apore subsidiary.
A subsidiary is treated as a local company. It gets the tax benefits, exemptions, and rebates provided
by the authorities.
A subsidiary is liable for its debts and losses. The parent company’s liability is limited to its share capital.

Subsidiary Company Reg istration + Employment Pass – For Quote Contact Us.

Branch Office
The foreign companies can also register their branch office in Sing apore.

The branch office has no separate identity from its foreign parent company.
It is taken to be the extension of its parent company.
The parent company is liable for its branch’s debts and losses.
The management of the Singapore branch office deals with issues regarding shareholding, business
activities, and structure by referring to the Memorandum & Articles of Association of the parent
company.
It is not treated as a local Sing apore company. It cannot claim the tax benefits, exemptions, and
rebates offered by the local authorities.
Before company incorporation in Singapore, discuss your needs with your agent. Because, with the
right business structure, you can manage the risk, liability, growth, & branding of business effectively.

(Please take note, Currently, we are not providing Branch Office Services until further Notice)
Key Requirements to Register a Company in Singapore
You need:

Minimum paid-up capital of $1


At least one shareholder
At least one local or resident director
At least one company secretary
Registered local address

Incorporating a Business in Singapore for Foreigners


Reg istered Filing Ag ent: You, as a foreign individual or a corporate entity, can simplify your task by
appointing a registered filing agent. A number of Singaporean accounting firms, law firms, or Sing apore
secretarial services act in this capacity.
Local Director: Most importantly, you need to appoint a local director who is ordinarily resident of
Singapore. Singaporeans, Permanent Residents, and EntrePass holders are eligible to act a local director
for a new Sing apore company formation.
Sing apore Company Incorporation + Employment Pass – For Quote Contact Us.
3 Steps for Company Registration in Singapore
Step 1: Apply & get your company’s name approved from ACRA
Supply a list of 3-5 names to the agent. They will check them for availability in BizFile+ portal.
For the quick approval of the company name:

Choose a unique name that will hint at the nature of your business
ACRA rejects names containing vulgar or obscene words
It should not violate copyrights or trademarks
If your application gets referred to the higher authorities, the approval can take up to 2 months.

The approved company name is reserved for 60 days. The agent can extend the period by another 60
days by applying to ACRA.

Step 2: Documents for Company Incorporation in Singapore


Following is a list of documents that you need to submit at the time of forming a Singapore company.

Approved Company name


Description of business activities
Registered local address
Particulars of shareholders, directors, company secretary
Foreign Individuals: a copy of passport & proof of residential address (overseas)
Foreign Companies: Memorandum & Articles of Associations, Certificate of Incorporation
Singapore Residents: A copy of their Singapore identity card

Step 3: Submit an application to ACRA


The process to incorporate & company formation in Singapore is online. Submit your documents to your
agent who can visit online portal BizFile+ for the task.
Singapore Company Incorporation Package
Singapore Company Incorporation Package at S$699* [PROMO]

Official Documents Available Post Company Registration


Company Constitution
At the time of company formation in Singapore, you need to adopt a company constitution
(Memorandum and Articles of Association). It is a document that details the rules and procedures that
govern the working of your company. It also details the purpose and the rights and responsibilities of the
company.
You can either use generic or model company constitution by ACRA or hire experts to prepare a custom
one to fulfil your needs. The document addresses issues like:

Company name
The limited liability of its members
The full names, addresses, and occupations of company’s founder shareholders
A statement expressing the wish of the first shareholders to form a company as per the Constitution
and to own a stated number of shares in its capital

The company constitution also details rules to run the company on a daily basis and how to handle issues
that are listed below:

Issuance and sale of shares


Company meetings
Company directors
Company secretary
Company seal
Financial statements
Dividends
Winding-up

Documents Issued by ACRA to You on Successful Company


Registration
Certificate of Incorporation
After the successful incorporation of the company, ACRA sends an email. It contains the registration
number of company, date, etc. The email is good enough as a certificate of incorporation in
Sing apore. The agent can apply to ACRA for its hard copy.

Company’s Business Profile (BizProfile)


The business profile contains details of the company. It can be downloaded in PDF format after paying a
small fee.

Company name
Registration number
Previous names for the company, if any
Registration date
Principal Business Activities
Paid-up capital
Registered address
Particulars of Shareholders/Directors/Company Secretary

You need a business profile for opening a corporate bank account, signing documents for office lease,
subscribing to utilities.
Post-Incorporation Tasks
First Board Resolution
After incorporating a company, its shareholders meet and pass resolutions to hire directors, company
secretaries, or company secretarial services, auditors, etc.

Get Licenses and Permits


If your company needs licenses or permits, apply and get them before starting the business activities.

Goods and Service Tax (GST) Registration


If you expect to cross S$1 million in annual turnover, register your company for GST.

Company Seal & Stamp


The company seal and stamp lends credibility to the documents. You need the company seal if your
company constitution says so.

Share Certificates
The share certificates are proof of shareholders’ ownership in the company. The company secretary
issues them to the shareholders of the company.

Tips for Singapore Company’s Compliance


Accounting:
Singapore companies need to keep accounting books in order. It means updating general ledgers,
accounts payable and account receivables, or fixed asset ledger, etc. And filing of annual financial
statements with ACRA in XBRL format.

Annual General Meeting:


The providers of company secretarial services assist companies in conveying their annual general meeting
in every calendar year. The companies need to table their financial statements for the shareholder’s
scrutiny.

Annual Returns Filing:


It must file Annual Returns within a month of its AGM.

Corporate Tax:
The due dates of company tax filing are 30 November (paper-filing) and 15 December (e-filing).

Determine Financial Year:


The company can choose any month to start its financial year.

Unique Entity Number:


Corporate secretary Singapore has to make sure that company’s name and UEN is on all of its official
documents, correspondence, and business letters.
SBS Consulting Pte Ltd is a reliable registered filing agent. We assist our clients in Singapore business
incorporation. If you have any queries about it, call us on +65 6536 0036 or send an email at
info@sbsgroup.com.sg to know more.
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FAQ’s
Q. How to register Pte Ltd in Singapore?

Q. What is the incorporation of the company?

Q. Can a foreigner be a director in a Singapore company?

Q. Who can incorporate a company in Singapore?

Q. How much does it cost to incorporate a company in Singapore?

Q. Can a foreigner incorporate a company in Singapore?

Q. How long does it take to incorporate a company in Singapore?

Q. What is the best business in Singapore?

Q. Why is Singapore a good place to start a business?

Q. How much time does it take to incorporate a company?

*All prices exclusive of 8% GST (Goods and Services Tax)

Request Company Incorporation Services @ S$699*

Please feel free to contact us on +65 6536 0036 or drop in an email at info@sbsgroup.com.sg

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