How to start your company in Singapore from Indonesia
We help you open and run your business 24/7 online from Indonesia – or move to Singapore, too
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Register your business for free
We prepare documents for incorporation and register your company for free. We don’t charge you the S$315 government fees for name reservation and incorporation, either.
Our prices are fixed in Singapore Dollars. We use MAS rates to convert them to USD and Euro. The exact price you pay in $ and € depends on the rate and fees your bank applies.


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Additional services you may need
- CorpPass Registration S$100
- Multicurrency accounting S$200/y
- Letter of Consent (LOC) S$300
- Employment Pass (EP) S$950
- Dependant’s Pass (DP) S$550
- EP or DP renewal S$550
Singapore is a great place to set up a business
The legal system is British, Jakarta is just a 2-hour flight away, and Indonesia and Singapore have a Double Taxation Agreement, so you avoid being taxed twice on the same income.
Singapore | Indonesia |
---|---|
#2 Ease of doing business | #72 Ease of doing business |
#1 Enforcing contracts | #146 Enforcing contracts |
#8 Ease of paying taxes | #112 Ease of paying taxes |
$1 paid-up capital minimum | $1mln paid-up capital minimum |
According to World Bank 2019 Reports and PWC surveys | |
17% Corporate tax | 25% Corporate tax |
22% Personal tax maximum | 30% Personal tax maximum |
7% GST after S$1m turnover | 10% GST |
As a foreigner, here’s what you need to start a business in Singapore
You only need to fly once to open a bank account, everything else can be managed online. You don’t have to hire any local employees, either
Read our comprehensive 6-steps guide on how to start a business in Singapore for a foreigner

Nominee Director
The most complicated and expensive feature for a foreigner. Every company can have many directors, but at least one of them must be a resident of Singapore. If you do not have someone who can play the role, you can hire a nominee director.
A nominee formally holds director’s position, without any actual decision-making powers or authority to run the company. He is a company officer on paper, necessary to meet the requirements of the law.

Corporate Secretary
A Singapore resident certified under various regulations. That person is responsible for lodging and filing in time all necessary documents required by law. We provide that service.

Local Address
A real mailing address in Singapore. It goes on all legal documents. It doesn’t matter where your company really is located — Osome will provide an address.
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