Set up a company in Singapore as a foreigner

Your one-stop-destination to start a company in Singapore as a foreigner

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Trusted by over 450,000 businesses worldwide

Why register your company with Startify Global

100% online process

Fast, online, and hassle-free company incorporation. No need for any paperwork or for you to be physically present in Singapore.

Expert support

Our experts have registered over 10,000 companies in Singapore, so you are in safe hands.

Transparent pricing

No surprises! Transparent, affordable, all-inclusive pricing. Solutions tailored to your business needs.

One-stop-shop

We offer a complete suite of online services to keep your company compliant with the local ACRA and IRAS rules.

Startify Gobal is an absolutely breeze to work with. I recommend them to everyone and will continue to do so!

Sheila Karpe | Unearth Balance

Choose a plan that best suits your needs

Enjoy ‎‎ 20% OFF* all services when you incorporate with us! Hurry only 13 Slots left!

Starter

Designed for entrepreneurs aiming to launch swiftly with all the essential compliance and governance in place.

From SG$595

Including S$375 govt fees

Covers everyhting you need to get your business started:

Starter

Designed for entrepreneurs aiming to launch swiftly with all the essential compliance and governance in place.

From SG$595

Including S$375 govt fees

Covers everyhting you need to get your business started:

Starter

Designed for entrepreneurs aiming to launch swiftly with all the essential compliance and governance in place.

From SG$595

Including S$375 govt fees

Covers everyhting you need to get your business started:

Need help before choosing?

Why should you set up a company in Singapore?

Business friendly
  • Ranked #2 in the world to do business by the World Bank.
  • 100% foreign ownership allowed for all private companies.
  • Thriving investor, start-up & VC communities making it easier to raise investment.
  • Simplified rules for IP rights, work visas, licenses and corporate banking regulations.
Attractive tax incentives
  • Low corporate and personal tax rates.
  • 0% tax on dividends and capital gains.
  • Generous start up tax scheme for the first three financial years →.
  • Over 50+ double taxation treaties.
Global talent and market access
  • Known as the gateway to Southeast Asia, Singapore is a key financial hub.
  • As a global hub, Singapore is home to a large number of skilled professionals that can help your business grow.

Ready to launch your business?

Why register your company with Startify Global

Submit the incorporation application through BizFile+ to ACRA.

Obtain your Business Profile (Company) from ACRA, with your UEN and entity name.

Provide your company constitution and compliance corporate kit.

Open a Sleek Business Account* for you.

Before you incorporate your company in Singapore

Identify the company structure

This information is required for proper classification and Singapore company incorporation purposes. Read more →

Register your company name

Choose a unique name and ensure it complies with regulations. Check if your company name is available using our online name checker.

Identify your company directors and shareholders

You need at least one shareholder (any nationality, individual or corporate) and at least one Local Director* (Singaporean Citizen/PR/Entrepass Holder residing in Singapore).

Allocate your paid-up capital

Determine the initial capital shareholders will contribute. In Singapore, except for regulated industries, there’s no minimum requirement for share capital, allowing incorporation with just SG$1.

Get a registered address in Singapore

You need a locally registered company address in Singapore – must be a physical address accessible during business hours (not a PO Box)

Appoint a Corporate Secretary

Every company must appoint a Company Secretary who resides in Singapore. This individual will help to prepare and file all necessary documentation to keep the Singapore company compliant. If someone is a sole director, they cannot also be the Corporate Secretary for the company.

FAQs On Company Registration in Singapore

How to incorporate a company in Singapore?

Incorporating a company in Singapore involves these steps. 

  • Choose a unique name and ensure it complies with regulations. 
  • Appoint directors and a company secretary who must be Singapore residents. Provide a registered office address in Singapore. 
  • Decide on the company’s shareholders and their respective shares. 
  • Submit the incorporation application through BizFile+ to the Accounting and Corporate Regulatory Authority (ACRA). 
  • Pay the necessary fees and obtain the Certificate of Incorporation once approved. Lastly, complete post-incorporation tasks like opening a corporate bank account and fulfilling tax and regulatory requirements. 

Consider consulting professionals like Sleek for seamless incorporation. With Sleek’s help, you can complete all these steps in as little as one day and start your Singapore company from anywhere in the world, without needing any face-to-face meetings.

Incorporating a company in Singapore as a local is a relatively straightforward process. All you need is the following:

  • At least S$1 paid up capital
  • Local company secretary
  • Singapore-based director
  • A registered address in Singapore

You can choose between the following company structures:

Sole Proprietorship

Sole proprietorship essentially means there are no partners in the company. This means the owner can earn all the profits but also bears higher risk if anything happens. Sole proprietorship is not a separate legal entity from the company owner.

Who can apply:
Singapore citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), ONE Pass holders.

Partnership

Who can apply:
Singapore citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), ONE Pass holders.

Private Limited Company (Pte Ltd) – most popular structure
Private limited companies have: less than 50 shareholders and their shares should not be accessible to the public. A private limited company has the most flexible company structure. It is a separate legal entity from its shareholders and directors. It enjoys limited liability. We recommend the Pte Ltd structure due to its flexibility, legal protection and accessibility to government grants, funding and tax exemptions.

Who can apply:
Singapore citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), Employment Pass holders, EntrePass holders, ONE Pass holders, Personalised Employment Pass holders.

Read here for difference between Pte Ltd vs LLP.

A Private Limited Company is the most scalable, advanced and flexible business structure in Singapore. 

Advantages:

  • A Private Limited Company can be 100% foreign or locally owned. There are no foreign shareholding restrictions. 
  • Not personally liable for any debts or losses. The company is a separate legal entity from its shareholders and directors
  • Profits taxed at corporate tax rates (17%)
  • New companies are entitled to tax incentives and tax exemptions
  • Ownership can be transferred
  • Ease of raising capital

Disadvantages

  • Adherence to compliance requirements set out by the Companies Act and enforced by ACRA and IRAS 
  • Operating costs are higher (administration requirements etc)
  • Directors must disclose their company’s information (interest in company shares, contracts etc)

Read here on how to set up a private limited company in Singapore.

You would determine the shareholders and their respective ownership percentages by indicating it in your company incorporation documents. If incorporating a subsidiary company in Singapore, the sole shareholder will be the existing local or foreign company. For a new venture, the shareholders will be you and any partners you may have.

Need help?

Reach out with your requirements, and our experts will be happy to assist you!