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Designed for entrepreneurs aiming to launch swiftly with all the essential compliance and governance in place.
Including S$375 govt fees
Covers everyhting you need to get your business started:
Designed for entrepreneurs aiming to launch swiftly with all the essential compliance and governance in place.
Including S$375 govt fees
Covers everyhting you need to get your business started:
Designed for entrepreneurs aiming to launch swiftly with all the essential compliance and governance in place.
Including S$375 govt fees
Covers everyhting you need to get your business started:
Incorporating a company in Singapore involves these steps.
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:
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:
Disadvantages
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.
