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
Get StartedHow much will it cost?
Bonanza Package
Incorporation, Unlimited Corporate Secretary, Address, Nominee Director
All fees included
Company Incorporation
To register your company, we will need your company name, and shareholder details. We prepare an application and submit it to ACRA, the registration body. The whole process can be as fast as 1–3 hours. Our fee includes the S$315 government fee.
Unlimited Corporate Secretary
Usually secretaries charge for each document they prepare. Our Unlimited service covers all standard resolutions you might need throughout the year. You won’t have to pay extra for things like change in officers, registered address, business activity or distribution of shares.
Nominee Director
Most agencies charge a Security deposit for the Nominee Director service. We don’t. When you employ a Nominee from us, you just pay a yearly fee, that’s it.
Local Address
We provide you with an address, notify you about your correspondence, scan, and send it to you. We can even forward the real letters if necessary, you’ll only need to cover the mailing expenses.
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🇮🇩 |
|---|---|
#2Ease of doing business | #72Ease of doing business |
#1Enforcing contracts | #146Enforcing contracts |
#8Ease of paying taxes | #112Ease 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
Nominee Director
The most complicated and expensive feature for a foreigner. The company can have many directors, but at least one must be a Singapore resident. If you don’t have anyone to play the role, hire a nominee director.
A nominee formally holds the director’s position, without 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. This officer is responsible for lodging and filing in time all necessary documents required by law.
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, notify you about your correspondence, scan and send it to you.
We will be happy to answer your questions in a secure chat
Read our articles & guides
How to Start a Business in Singapore from Indonesia?
Singapore taxes are low, company formation for foreigners is easy, and a foreigner can own 100% of a Singapore business. If you decide to move, the quality of life is high.
What Taxes Do Indonesian Entrepreneurs Pay in Singapore?
Singapore corporate tax rate is 17% flat for foreigners and locals. The government supports startups with exemptions. And Singapore and Indonesia have a Double Taxation Agreement to avoid being taxed twice on the same income.
Vidhi Maheshwari
India and things Pte. Ltd.
It‘s just the basics that user really needs — yet richly featured when it comes to digitization and avoiding manual interactions or visits. Services are smoothly integrated: communication, document sharing, signing, payments etc.
The icing on the cake is they keep upgrading with high quality. And all that for a very nominal fee.
I wish OSOME the very best 🙂
