Company Formation
Incorporation of a Singapore Registered Company for S$750
A complete, all-inclusive incorporation package β company name application, incorporation filing, first-year secretary, first-year registered office address, and full statutory documentation β for S$750.
What’s included
- Company name application fee (worth S$15)
- Company incorporation fee (worth S$300)
- First-year appointed secretary for your company (worth S$360)
- First-year registered office address for your company (worth S$120)
- Constitution of the company
- Share certificates to shareholders
- Minutes of the first board meeting
- Statutory register of directors, secretaries and members
- Company business profile from the regulatory authority
What you’ll need
- An approved company name from ACRA
- Intended business activities
- Paid-up share capital, minimum S$1
- Particulars of the director, with proof of identity such as an identity card or passport
- Particulars of the secretary, with proof of identity
- Particulars of the shareholder, with proof of identity
- Allocation of shares to shareholders
- Constitution of the company
- Common seal of the company
Directors and shareholders can provide a passport as proof of identity, and a utilities bill, insurance letter, bank statement or mobile bill showing their residential address as proof of address.
A minimum of one Singapore-resident director and one shareholder is required. The shareholder may be an individual or a corporation.
Foreign investors and the resident director requirement
Foreign investors incorporating in Singapore must appoint a local resident director. We can act as the resident director through our nominee director service.
If you intend to relocate to Singapore to manage the company yourself, you will need to apply for an Employment Pass through the Ministry of Manpower. Once granted, you can act as the local resident director without appointing another one.
Conditions apply. For current requirements, see the Ministry of Manpower at mom.gov.sg.
Why incorporate in Singapore
- Exemption from audit requirements for small companies and small groups, effective 1 July 2015
- Limited liability, protecting your personal assets
- A legal and separate entity in its own right
- Perpetual succession
- Access to government grants to improve productivity and innovation
- Substantial tax savings across the first three years of assessment
- No monetary control regulations or policy
Tax Exemption Scheme for New Start-Up Companies
Newly incorporated companies benefit for their first three consecutive years of assessment: 75% exemption on the first S$100,000 of normal chargeable income, and a further 50% exemption on the next S$100,000.
A one-stop incorporation service
We cover all government costs and essential services for both foreigners and Singaporeans, and the process is handled online. You do not need to be present in Singapore to establish a company here.
