Switch to Sleek and leave your accounting worries to us

We will handle the migration, put your books in order, do the accounting, timely reporting, taxes and more

4.5/5

Trusted by over 450,000 businesses worldwide

Why should you switch to Startify Global?

Dedicated qualified accountant

A dedicated, qualified accountant is assigned to your company to ensure compliance and provide expert guidance

Easy and effortless migration

Easy and effortless migration of invoices, receipts, and bank statements for accurate reporting.

Timely tax filing

We meet deadlines, ensure compliance with regulations, resolve ACRA matters efficiently, secure valuable tax exemptions, and prepare clear and organised reports.

No surprises. Transparent pricing

No surprises. Transparent, all-inclusive pricing with no surprises, where you pay only for company expenses, not transaction volume.

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?

Experience Startify global exceptional accounting solutions

Expert support for all your accounting & bookkeeping needs

Startify Global expert accountants ensure your books are always up-to-date, taxes, management reports and financial statements are ready and filed timely, all while you continue to focus on your business growth.

Submit all your expense receipts, vendor invoices with ease through the app, Whatsapp, or just email it to us. Our ML engine automatically extracts data and keeps your records up to date.

Proprietary cloud bookkeeping platform built for small businesses so you don’t need need to pay separately for expensive platforms.

Our all-inclusive pricing ensures you pay based on company expenses.

Startify global offers free business accounts with no initial deposit, no minimum balance, as well as no account opening fees or annual fees. Subject to approval on a case-by-case basis. Learn more

Switch to Startify global, in 3 easy steps!

BOOK

Schedule a meeting with a Sleek expert now.

MEET

Startify global accountant will understand your books and data.

SWITCH

Migrate your data, and Sleek becomes your dedicated accountant.

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!