- Osome Singapore
- For foreigners
Company Incorporation for Foreigners in Singapore
We’ll get your company registered, set up the annual reporting, and help open a bank account online — no need to go anywhere
We guide you every step of the way
One stop for all requirements
We prepare everything the government requires: company constitution, local address, a Nominee director, and a Corporate Secretary
Zero paperwork on your end
We collect your documents in a chat, fill out the application, and send for you to e-sign
No need to go anywhere
We do everything remotely and online: KYC, company registration, and introduction to digital banks
Help with bank account opening
We partner with services that open accounts online, and traditional ones that require your visit
Have a name? Check it now
Type in any company name you have in mind and see if it’s available with our free tool
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Talk to our expert right now
Go to a live chat with one of our incorporation agents and get the answers straight away
Here’s what you need to open a company. We’ll take care of it all.
Make sure you’re ready for company formation with our free incorporation checklist
Fulfill the official requirements
We help you with all the things that Singapore government requires from the founders:
- Corporate Secretary
A certified expert who covers you on reporting.
Singapore law requires each company to have a Secretary. This officer is in charge of state compliance: files annual returns and resolutions on changes, prepares Annual General meetings, and processes dividends distribution. Share Allotment and Issuance Preparation of your share capital table is also part of their duties
- Nominee Director
A local person who puts his name on your papers and shares legal liability.
At least one of your directors has to be a Singapore resident. Hire a Nominee — it’s a common and legal practice.
A Nominee can not make any business decisions. But, if there’s any wrongdoing, for example, the reports are late or incorrect, he shares responsibility. That’s why you have to get an Accounting package with this service.
- Registered address
A real Singapore mailbox for your legal correspondence
All Singaporean companies must have a local registered address. It goes on all legal documents.
Get your company registered
Foreigners need a certified agency to file for incorporation. We collect all the documents online, put them together, and send you the application to sign electronically.
We need passports and proof of address for you and any other directors of the company. You also have to send us a selfie to prove it’s really you :) Next, we need the share structure — all of that goes into the company Constitution we’ll draft for you. Finally, let us know your paid-up capital — S$1 is enough.
Open an account
We partner with Singapore banks and payment services that can open an account for you remotely online. We present you, but we can’t guarantee you’ll get an account. The decision is always up to banks.
Each bank has their own procedure to open an account without physically visiting the branch. They do KYC interviews online using video conferencing and send couriers to exchange docs. Talk to us to learn about details, rates, and requirements.
Set up the accounting routine
You need to submit several tax reports a year. Our Chartered accountant will organise your docs, prepare reports, and file them neatly. We also proactively advise on exemptions so you pay taxes smartly.
Even if you have no transactions, you still need to submit annual reports: Estimated Chargeable Income, financial statements, and annual tax return called Form C or Form C-S. It’s crucial to prepare them right and on time, otherwise your company and the Nominee director can face fines and penalties.
Get an Employment Pass if you want to move to Singapore
A permit that allows you to work, live and bring your family to Singapore. Only a Singapore company can apply for an EP. It has to be a real operational business. We can register a company for you, set up the reporting, and apply for EP.
We will file your CV with relevant professional experience, education data and the company profile to get the visa. The process can take up to 3-6 months depending on the requirements. Once you get it, the employment pass is valid for 1 or 2 years and can be renewed afterwards.
Boom! It’s done. And you didn’t even have to go anywhere
Stress-free incorporation for foreigners
Our prices are fixed in Singapore Dollars. We use MAS rates to convert them to USD, Euros and Pounds. The exact price you pay in $, € or £ depends on the rate and fees your bank applies.
Company registration +
1 year full compliance
- 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
S$2,450+ from S$900 for tax & accounting
How much company incorporation in Singapore costs
The cost to incorporate a company depends on whether you’re local or not. For foreigners, there’s a legal requirement to hire local directors, so the company incorporation costs more. The incorporation process for locals is more straightforward.
Special offerFrom overseasS$2,450+ from S$900 accounting
Visa includedS$2,600+ from S$900 accounting
|Incorporation essentials Everything your new business needs to legally trade in Singapore. Osome will handle every single step required to get your company registered smoothly, and then setup your ACRA business profile so you receive all of your official incorporation documents without having to pay anything extra.|
|ACRA name reservation|
|ACRA business profile|
|S$315 government fees included|
|Bank Account Opening assistance We get your business bank account setup as a part of the company incorporation process, and you will not be charged the normal business banking fee to open your account. Connect your bank feed in the Osome app to monitor your cash flow and payments easily, and keep the financial data for your business all one place.|
|Free Business Bank Account|
|Cashback when opening a business bank account|
|Bank feed integration to your account|
|Corporate Secretary Our Corporate Secretary services ensure your business is complaint with Singapore law, filing your annual returns on time and updating ACRA on the business. All companies in Singapore must have a local secretary.|
|Corporate Secretary routine Annual filing|
|S$60 Annual Filing government fee included|
|Unlimited changes in company name, officers, address, business activity, etc|
|Accounting, Tax, Bookkeeping Our automated bookkeeping makes it easier to keep a track of your income and expenditure. Integrate your bank feeds, sales platforms and invoicing system on the app, monitor your bookkeeping with a few clicks. Making it easier for you and your accountant to have a clearer understanding of your business performance. Ask your accountant a question anytime via in-app chat.|
|Review by Chartered Accountant|
|Annual management report|
|Government & tax filings|
|Nominee Director for 1 year|
|Nominee Director for 6 months|
|Registered address for 1 year|
Start your company today
Get your limited company registered, bank account open, and compliance sorted for the year ahead with Osome
Additional services you might need
- Letter of Consent (LOC)S$300A Letter of Consent allows business owners living in another country to work in Singapore. The LOC is issued by the Singapore Ministry of Manpower (MOM) and can only be requested by your employer or a MoM service provider. We complete and submit your LOC application to increase your chances of being approved straight away. This service is ideal for Dependent Pass holders who are a company director, sole proprietor or partner of an ACRA-registered business.
- Employment Pass (EP)S$950This type of work visa is for foreign-based professionals looking to work and live in Singapore. If you want to work for your own company, the business must be incorporated for 6 months before you are eligible to apply for an Employment Pass. For your application to be approved, candidates must also hold suitable skills or qualifications for your business and be vaccinated against Covid-19. We'll gather all of the information you need and manage each stage of the process with MOM for you.
- Dependant’s Pass (DP)S$550A Dependent's Pass is a Singapore visa for an Employment Pass holder's spouse or children (under 21). A DP holder can live and work in Singapore. However, the validity of the Dependent's Pass is based on the status of the Employment Pass holder.
- EP or DP renewalS$550Your renewal application must reach MOM at least two months before the Pass expires. To ensure the process is completed as quickly as possible, we renew your Employment Pass or Dependent Pass with the Ministry of Manpower so you can continue using your Singapore visa without interruptions.
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Can foreigners start a business in Singapore?
Singapore is very welcoming to foreigners who want to incorporate. Foreigners can become directors and shareholders here without any restrictions. The only requirement is that each local company must have at least one resident director — a Singapore national or a Permanent Resident. To comply with this law, you can hire a Nominee director.
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.
Can a business owner relocate to Singapore?
Yes, it’s possible. To do that, you’ll need to receive an Employment Pass. It’s a permit that allows to live and work in Singapore. Employment Passes are sponsored by Singapore companies. To get one you need a salary of about S$6,000, especially if you plan to bring your family, too.
How Osome opens a local company in Singapore for foreigners?
We check that the company name you’ve chosen is available. You send us your IC or passport copy, details on directors and shareholders. We prepare all the necessary documents, send them to you for electronic signature, and submit them to ACRA (a government entity that registers companies). On your end, it’s just a message thread in a secure chat. Once a UEN has been issued, your company is operational.
What’s your timeline?
We can set up a company as fast as within 1 hour. The most important factor is to collect all the docs: once you’ve handed them over to us, we can act fast. Keep in mind that the authorities only process registrations during working hours.
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