For foreigners who are looking to establish and register a company in Singapore
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Online company registration with step-by-step guidance for foreigners
Costs of company incorporation in Singapore
Essential
From business registration to annual ACRA filings, our plan ensures compliance so you can focus on growth.
S$600
Pre-incorporation consultation
- Appropriate group structure / business operating model
- Business objectives
- Tax structure (if applicable)
Incorporation
- Pre-incorporation consultation
- Company name selection and reservation
- Company registration fee (inclusive of ACRA fees of S$315)
- Provision of post-incorporation documents
- Registration of registrable controllers
Business bank account
- Assistance in connecting with our banking partners
Compliance
Comprehensive support—from company formation to expert guidance and essential filings to keep your business compliant.
S$1,800
Pre-incorporation consultation
- Appropriate group structure / business operating model
- Business objectives
- Tax structure (if applicable)
Incorporation
- Pre-incorporation consultation
- Company name selection and reservation
- Company registration fee (inclusive of ACRA fees of S$315)
- Provision of post-incorporation documents
- Registration of registrable controllers
- Registration of personal data protection officer
- Free named secretary for 1st calendar year
- Free registered address for 1st calendar year
Business bank account
- Assistance in connecting with our banking partners
Minutes and resolutions
1st financial year only
- Annual general meeting
- Extraordinary general meetings
- Directors' resolution in writing
Filings and returns
1st financial year only
- ACRA annual return
- Changes to company name, registered address and business activities
- Changes relating to company officer appointments or resignations
- Shares transfers
- Shares allotments
Maintenance of registers
1st financial year only
- Register of members and directors
- Register of share allotments and transfers
- Register of secretaries and auditors
- Register of registrable controllers
- Register of nominee directors (if applicable)
Accounting and tax services
- Recommendation on cloud or desktop system
- Set-up chart of accounts
- Annual review of management accounts (1st financial year only)
- Compilation of 1st unaudited financial statements
- Corporate tax computation and return for 1st year of assessment
Add-on
Services
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From S$1,000
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S$300 / year
Key steps and requirements of incorporating a foreign-owned company in Singapore
1. Preparation of required information and documents
We assist you in preparing the required information for submission to ACRA.
Corporate Secretary
Under the law, every company in Singapore is required to appoint a company secretary. The secretary is responsible for ensuring compliance with all statutory requirements e.g. filing of annual returns, preparing resolutions and Annual General Meetings, among others.
Nominee Director
Nominee directors are bound by fiduciary duties to act in the best interests of the company. They must comply with local laws and regulations, including avoiding conflicts of interest and ensuring the company’s actions are lawful.
For any foreign-owned company, at least one of the directors must be a Singapore resident. This individual may be a Singapore citizen or a Singapore Permanent Resident or an Employment Pass holder.
Registered Address
It is a requirement for all Singapore-incorporated companies to have a local registered address. All legal documents e.g. bank statements and government correspondence are delivered to the registered address.
2. Company set-up and registration
3. Open your business bank account
4. Obtaining employment pass to work in Singapore
We can help you to be successful in Singapore
Experts in Incorporation
Our experienced advisors can guide you in managing the process of incorporation namely appointing local directors, company secretaries and auditors (where applicable) with full legal compliance.
Bank account opening
Your success is our pride
Frequently asked questions
No, physical presence is not required. The entire incorporation process can be handled remotely with the assistance of a corporate service provider.
Yes, Singapore law requires at least one director to be a Singapore resident (a citizen, permanent resident, or Employment Pass holder). You can appoint a nominee director if you do not meet this requirement.
A nominee director is a local resident appointed to fulfill the legal requirement of having a Singapore resident director. They do not participate in the management or operations of your company.
To work for your company in Singapore, you must apply for an Employment Pass or EntrePass. These permits are subject to approval by the Ministry of Manpower.
Some banks in Singapore allow remote corporate account opening, especially digital banks like Aspire. Traditional banks may require in-person verification.
Yes, Singapore offers attractive tax benefits, including a low corporate tax rate of 17%, tax exemptions for startups, and no capital gains tax. These benefits apply equally to foreign-owned companies.
You need a local registered address in Singapore, but it does not have to be a physical office. Virtual office services are available and widely used by foreign entrepreneurs.