Incorporation for foreigners residing in Singapore

As a foreigner with Employment (or Dependant’s) Pass in Singapore, you can set up a business here. The taxes are low and the authorized capital is only $1. The only thing you need to keep in mind is that your company needs one director who’s a Singapore resident.

You can stick with your EP and be a shareholder only: just ask a local you know to play the director’s role or hire a Nominee from us. If you want to be a director yourself, you should change your EP/DP to one connected to your new company. It’ll take 3-6 months, so you’ll only need a temporary Nominee Director for that period. It’s up to you which way to choose.

Incorporation

Worth S$350

Includes

  • S$315 government incorporation fee
  • Instant checking if company name is available
  • 1-3 hours to incorporate
+

Unlimited Corporate Secretary for 1 year

Worth S$600

Includes

  • Unlimited number of resolutions

    For example, change in officers, registered address, business activity, company name or distribution of shares

  • Corporate secretary routine Annual Filing and AGM preparation
  • S$60 Annual Filing government fee
  • The service is handled by our in-house team of certified Corporate Secretaries with over 10 years of experience
+

Nominee Director for 1 year

Worth S$1,800 per year

Includes

  • Company officer, necessary to meet the requirements of the law
+

Company address

Worth S$240 per year

Includes

  • Notifications when you receive a mail, scanning and forwarding of the messages
 
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Incorporation

Worth S$350

Includes

  • S$315 government incorporation fee
  • Instant checking if company name is available
  • Free consultations
  • Online
  • 1-3 hours to incorporate
+

Unlimited Corporate Secretary for 1 year

Worth S$300

Includes

  • Unlimited number of resolutions

    For example, change in officers, registered address, business activity, company name or distribution of shares

  • Corporate Secretary routine Annual Filing and AGM preparation
  • S$60 Annual Filing government fee
  • The service is handled by our in-house team of certified Corporate Secretaries with over 10 years of experience
+

Nominee Director for 6 months

Worth S$900

Includes

  • Company officer on paper, necessary to meet the requirements of the law
  • If your visa takes less than 6 months, you will only pay for the number of months you need the service
+

Employment Pass

Worth S$800 for application

Includes

  • Employment Pass application
  • S$70 government application fee
  • If your EP application is rejected, we will file an appeal. If it’s rejected again, we’ll give you a refund
  • 50% refund for rejected applications
+

Company address

Worth S$240 per year

Includes

  • Notifications when you receive a mail, scanning and forwarding of the messages
 
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Additional things you may need

  • Dependant’s pass

    S$400

    50% refund for rejected applications

  • Dependant’s pass renewal

    S$400
    per year

    50% refund for rejected applications

  • Company stamp

    S$60

    Self-inking rubber company stamp delivered to your doorstep

  • Employment pass renewal

    S$400
    per year

    50% refund for rejected applications

  • Bank Account opening assistance

    S$200

    Requires your presence at the bank

What our clients say

My experience with OSOME has been flawless. The app is intuitive and responsive and OSOME team is attentive and knowledgeable. The OSOME agents guided me and, before I knew it, I had my company incorporated. Another thing I like is that whatever conversation I’ve previously had with another agent will be picked up seamlessly by another.

Jonathan Chang, Mission Driven Pte Ltd

Our certified secretaries and accountants have over 10 years of experience and tailor solutions to your specific case

Q&A

  • Do I need a resident director (Nominee Director)?

    Your company can have as many directors as you want, but at least one needs to be local. If you do not have someone who can play the role, hire a nominee director. For example, there can be two directors: you and the nominee. If you apply for Employment Pass from your new company, you only need the nominee service while you wait for it (about 6 months). After that, you can be the only director.
  • Who is a Nominee Director?

    A nominee formally holds director’s position, without any actual decision-making powers or authority to run the company. His only obligations are to act in the interests of the company and in compliance with the law.
  • Can I transfer an Employment Pass/ Dependant’s Pass I have to my new company?

    No, Eps/DPs are issued per one specific company. You can only work for the employer that sponsors your visa. So after you’ve incorporated, your new business has to apply for your new EP. Do it seamlessly: there’s no need to cancel your old EP before you get the new one.
  • Do I need a company address?

    Yes, all Singaporean companies must have a local registered address. It goes on all legal documents. If you don’t have an office address, use our service. We handle your incoming letters, scan and store them in your Osome account so you have easy access to all your documents.
  • What does the process look like?

    We check that the company name you’ve chosen is available. You send us your personal data, details on directors and shareholders. We prepare all the necessary documents, send it to you for electronic signature, and submit it to ACRA (a government entity that registers companies). On your end, it’s just a message thread in a secure chat. That’s it, you now have registered a company!
  • How long does incorporation take?

    Once all the documents are ready, it usually takes us less than an hour to incorporate a company. It mostly depends on when you are  comfortable with providing all the details, as well as hours of service of the authorities. Our record stands at 38 minutes and we keep getting better.
  • What are the requirements to get an Employment Pass?

    This is a working visa so you will be evaluated as a professional and how you fit the company. We will file your CV that shows relevant professional experience, education data and company profile to get the visa. The most important factor is your fixed salary amount that company commits to paying you. It needs to be no less than S$6,000, especially if you want to bring immediate family under Dependant Passes.
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