Company Incorporation Services in Singapore

1. 

   Start trading quickly

   Consolidate the incorporation process by using a professional who understands the legal obligations of your new company.

2. 

   Supportive experts

   Talk to an expert anytime via chat or phone. They will give you insight on anything that is unclear throughout the registration process.

3. 

   Setup business banking

   With Osome incorporation, your first year of business banking is included, so your business is entirely compliant and ready to trade.

4. 

   Register from anywhere

   Our software automates the incorporation process for you, so you won’t need to complete any of the paperwork yourself.

• Starting a business

  
  How do I incorporate my business in Singapore?What documents do I need to prepare?How do I check if a company is incorporated in Singapore?How can I get my company name approved?How much share capital do I need?How many shareholders do I need?How long does incorporation take?Why shall I opt for company incorporation in Singapore?What are the tax benefits of incorporating in Singapore?Do I need a company address? Where can my registered address be?Can a foreigner open a company in Singapore?What is incorporation?What are the requirements to incorporate a company in Singapore?

• Basics for foreigners

  
  Why shall I opt for company incorporation in Singapore?What are the tax benefits of incorporating in Singapore?What are the requirements to incorporate a company in Singapore?Can I transfer an Employment Pass or Dependant Pass to a different company?Do I need a company address?Where can my registered address be?Can I move to Singapore if I open a business there?

• ACRA details

  
  Who must register with ACRA?How to register a company on the ACRA portal?What are the benefits of registering with ACRA?How to be exempt from ACRA registration?

• For locals

  • Incorporation application
  • Purchase of a company name
  • ACRA business profile
  • Company constitution
  • S$315 government fees included
  from

  S$350

  Get this planAll plans

• For foreigners

  • Free Incorporation
  • Free business bank account
  • All compliance filings for 1 year
  • Unlimited corporate secretary
  • Local nominee director
  • Local registered address
  • Accounting, bookkeeping, and tax filings
  • Multi-currency accounting & CorpPass
  Special offer

  S$3,425

  S$2,450+ from S$900 for tax & accounting

  Get this planAll plans

1. Company Constitution

   The Company Constitution is a legal document encompassing the Memorandum of Association and the Articles of Association. These provide an overview of the company structure, shareholder agreements, and how the company will be governed in line with the Singapore Companies Act regulations.

   The Constitution must be prepared and submitted to ACRA when you are registering your company to outline:

   • Business activities and how its operations will be carried out
   • Total amount of share capital and number of issued shares
   • Liabilities of the members of the company
   • Rules and regulations on corporate governance

   New businesses can adopt the standard Singapore company constitution template provided by ACRA, or you can use the help of an accounting service to set up a tailored Company Constitution when you incorporate your business.

   

2. Certificate of Incorporation

   This is official proof of company registration in Singapore. The Certificate of Incorporation contains your company’s Unique Entity Number (UEN) and details of your company’s corporate structure.

   You’ll need your certificate of incorporation to:

   • Show your company’s legal status
   • Sign formal business agreements
   • Apply for business funding
   • Sell the company to third parties
   

3. Company Business Profile (BizProfile)

   Your BizProfile is used to verify all of the details of your company. With Osome, your BizProfile is included in your company registration package. If you need to apply for a Business Profile directly, use ACRA's BizFile portal.

   Here you can upload, store, and search for data on yours or any other company in Singapore:

   • Business directory and UEN search
   • Submit changes in your business
   • Annual filing

   Check out our blog post on how BizFile works.

   

FAQ

• How do I incorporate my business in Singapore?

  Step 1: Get your company name approved

  The first step to registering a company in Singapore is to reserve your company name via ACRA's online business filing portal, Bizfile+. Check your company name is available before you do this by using the business entity search tab on the ACRA website. To avoid any disputes in the future, your company name cannot be identical to an existing name or trademark.

  When you submit a name application, you will need to specify your business activities by selecting the most relevant Singapore Standard Industrial Classification (SSIC) code.

  Once your application is approved, you must complete your company incorporation within 120 days. If not, you will have to start the process from the beginning and pay the S$15 company name registration fee again.

  Step 2: Prepare your documents

  • Company Constitution. You can adapt the standard Singapore company constitution that ACRA recommends. This document outlines your Memorandum of Association and your Articles of Association to determine the structure of your company, shareholder agreements and how your business will be governed.
  • Consent from each company director
  • Consent from the company secretary
  • Declaration of the company's controllers

  Step 3: Submit application to ACRA and pay the S$315 fee

  Take note of the following before submitting your company incorporation:

  • For Singapore residents. When you have all the required documents, log in to Bizfile+ using your Singpass to submit your application.

    Under the eServices menu, navigate to "Local Company" followed by "Start a New Local Company". Click on "Application for New Company Name" and complete the form. You will need to provide the transaction number of your approved name application to proceed with incorporating a local company.

    Once your incorporation application has been approved, BizFile+ will email the appointed officers (e.g. directors, shareholders and company secretary). All appointed officers must endorse their appointments in BizFile+ within 60 days from the date of the email to complete your company registration.

  • For non-residents. Foreigners without a Singpass will need to use a registered filing agent to submit the company name and incorporation applications on their behalf. To ensure your business meets legal requirements, Osome's company incorporation and accounting include your nominee director, company secretary and registered Singapore address in one package.

• What documents do I need to prepare?

  We'll ask you for this information:

  • Company name
  • Directors' particulars
  • Shareholders' particulars

  We'll provide the following:

  • Corporate Secretary particulars
  • Nominee Director particulars (if required)
  • Local address (if required)
  • Company Constitution

• How do I check if a company is incorporated in Singapore?

  You can search ACRA’s database to verify a company's registration. Type the company's name into the database using the business entity search tab on the ACRA website. If the company doesn’t appear on ACRA's database, they are not legally operating. Remember to double-check the spelling of the business name when you are searching.

• How can I get my company name approved?

  Before operating a business in Singapore, you need to register your company with ACRA. The first thing you need to do is choose a company name and submit your application through Bizfile+. The name cannot be the same as the name of existing companies. You can check this on BizFile+ portal too. The fee to register a business name is $15.

  After your company name has been approved by ACRA, it will be reserved for 120 days. You will need to register your business or incorporate your company within this time, otherwise, the name will be released and will be made available for other companies to register.

• How much share capital do I need?

  The cost to start a company in Singapore is low. The initial capital required is S$1. Later on, you can inject more funds into the business. Just notify the authorities when this happens.

  It's also legal to issue shares without first receiving money from shareholders. Just make sure these amounts are paid in. Or, indeed, simply wait until you have the capital before issuing shares.

• How many shareholders do I need?

  You must have at least one shareholder to register a Singapore company. The maximum number for a private company is 50. ACRA requires a Memorandum of Association to specify share capital amounts and equity (among other things).

  Memorandums of Association have a general structure. It’s a good idea to strictly adhere to this structure to avoid problems in the future.

• 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 providing all the details and the authorities’ service hours. Our record stands at 38 minutes, and we keep getting better.

• Why shall I opt for company incorporation in Singapore?

  Located in Southeast Asia, Singapore gives you access to the expanding markets of the Asia-Pacific region. The taxes are low, the quality of life is high, and the legislation favours foreign businesses.

• What are the tax benefits of incorporating in Singapore?

  Singapore's corporate tax structure rewards enterprising companies through tax incentives and grants. The country has a single-tier tax system, so businesses are only taxed on company profits but do not tax dividends issued to shareholders.

  Similarly, Singapore does not tax capital gains and most types of foreign-sourced income. The extensive network of Avoidance of Double Taxation Agreements (DTAs) and Unilateral Tax Credits allow Singapore companies to limit or eliminate taxes on foreign-sourced income.

  Singapore's headline corporate tax rate is 17%. However, due to numerous tax incentives and tax breaks, the effective tax rate for most Singapore companies is much lower. The personal tax rate ranges on a progressive scale from 0% to 22%.

• Do I need a company address? Where can my registered address be?

  Yes, all Singaporean companies must have a local registered address. It cannot be a P.O. box. All of the statutory documents for your business should be kept here.

  If you don’t want an office space or aren’t residents in Singapore, it is easier to use your nominee director’s address. You can keep all your relevant documents at this address, too.

  You can also use your residential address as your company address, as long as your business does not disturb your neighbours. You may also need additional approval, which might delay your registration.

  If you don’t have an office address, use our service. We handle your incoming letters and scan and store them in your Osome account, giving you easy access to all your documents.

• Can a foreigner open a company in Singapore?

  Yes, of course! A foreigner can register a company and own its 100% shareholding without facing any difficulties.

• What is incorporation?

  Incorporation is the legal process used to form a corporate entity or company.

• What are the requirements to incorporate a company in Singapore?

  To register a Singapore business, you need to have a local address, a corporate secretary, a resident director. Paid-up capital starts at S$1.

  Singapore businesses are taxed on company profits, not on dividends issued to shareholders. The low tax rates are just one of the corporate incentives that make Singapore one of the world’s most business-friendly cities.

Read our articles about company incorporation