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Company Incorporation Services in Singapore

Company incorporation in Singapore doesn't have to be a hassle. We handle the process for you in just a few steps online. Let's start by checking if your company name is available.

Company Incorporation Services in Singapore
  • Registered filing agent FA20170653Registered filing agent FA20170653
  • Our accountants are certified by ISCAOur accountants are certified by ISCA
  • Employment Agency License No. 22S1231Employment Agency License No. 22S1231
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Community NetworkPioneers of Cloud
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Where are you from?

Company incorporation in Singapore: are you local?

  • Incorporation for locals

    Incorporation for locals

    We can get your company up and running in 30 minutes

    I am local
  • Incorporation for foreigners

    Incorporation for foreigners

    Packages with Nominee Director and Employment Pass

    I am a foreigner
Why osome

Why choose Osome for your company incorporation?

  • Start trading quickly

    Start trading quickly

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

  • Supportive experts

    Supportive experts

    Talk to our experts via live chat or phone. They will give you insight on anything that is unclear throughout the registration process.

  • Set up business banking

    Set up business banking

    With Osome incorporation, your first year of business banking is included. We'll connect you with one of our partners to find a bank that best suits your needs.

  • Register from anywhere

    Register from anywhere

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

Got questions? Chat with our local experts

Choose a convenient time to chat with our incorporation agents and get the answers you need to take the next step

Got questions? Chat with our local experts
Pricing

Incorporation plans to fit your business in Singapore

Incorporation + Secretary

Perfect if you want us to register your business and take care of annual filings with ACRA

S$ 950S$ 600
Get this plan
  • Incorporation
    • Registration preparation and filing, including S$350 government fees
    • Company constitution
    • All post-incorporation documents (share certificates, registers, minutes book)
    • ACRA name checking
  • Corporate Secretary
    • Expert support via in-app chat
    • Preparation and filing of Annual Return, including S$60 government fee
    • Annual General Meeting (AGM) preparation
    • Appointments and resignations of directors, officers, or auditors
    • Unlimited changes in company name, address and business activity
    • Shares management of up to 50 Shareholders
  • Business bank account
    • Assist in connecting with our banking partners
What's included?

Full compliance

If you want your first year covered, from company formation to expert support and filing

S$ 1,250S$ 1,150
Get this plan
  • Incorporation
    • Registration preparation and filing, including S$350 government fees
    • Company constitution
    • All post-incorporation documents (share certificates, registers, minutes book)
    • ACRA name checking
  • Corporate Secretary
    • Expert support via in-app chat
    • Preparation and filing of Annual Return, including S$60 government fee
    • Annual General Meeting (AGM) preparation
    • Appointments and resignations of directors, officers, or auditors
    • Unlimited changes in company name, address and business activity
    • Shares management of up to 50 Shareholders
  • Business bank account
    • Assist in connecting with our banking partners
  • Accounting & Tax
    • Annual Management reports
    • In-app chat
    • Payroll and dividends tax advice
    • Dedicated accounting team
    • Unaudited Financial Statements (UFS)
    • Annual tax return filling
  • Bookkeeping
    • Unlimited bookkeeping
    • Automatic reconciliations
  • Financial software
    • Create, send, and chase invoices
    • Capture bills and receipts easily
    • Expense Management
    • Real-time financial reports (Profit & Loss, Balance sheet, Accounts Payables, Accounts Receivables)
    • Use multiple currencies
What's included?

Start your company with Osome today

Get your limited company registered, bank account open, and compliance sorted for the year ahead

Start your company with Osome today
Company Incorporation

Choose the type of company you want to incorporate

Private Limited Company

A Private Limited Company (limited by shares) belongs to legal business entities. It is separate from its shareholders and directors. Regardless, the company registration process is easy.

Pros

- Shareholders of a Private Limited Company are not liable for any company debt beyond their share capital
- The corporate income tax is between 0% and 17%
- Newly established Singapore-registered companies can qualify for a few tax exemptions
- Shareholding can be either local or foreign
- The company can own property in its name

Cons

- The Singapore Companies Act allows a maximum of 50 shareholders for every Private Limited Company
- Shares are not made available to the public

Private Limited Company

Branch Office

The process of setting up a Branch Office is similar to a Subsidiary Company, however it is considered an extension of the parent company, rather than a separate legal entity.

Pros

- 100% foreign ownership allowed
- Ability to enter contracts on behalf of the parent or holding company
- Leverage of the foreign company's name to drive the business forward

Cons

- The parent company is liable for any losses

- The Branch Office is restricted to the same constitution as the parent company
- A parent company is required before setting up a Branch Office

Branch Office

Sole Proprietorship

A Sole Proprietorship has one owner who is personally responsible for any profit and losses. The business and its director are considered as a single entity.

Pros

- All profits belong to the owner
- Revenue is taxed at personal income tax rate so annual return filing does not apply
- Less government compliance obligations compared to other business types

Cons

- The owner is responsible for any losses or debt, putting your personal assets at risk
- A Sole Proprietorship is not entitled to the same tax exemptions and rebates as corporations

Sole Proprietorship

Partnership

This type of business can be owned by a minimum of two individual(s) and a company, the owners of a Partnership have limited liability much like the shareholders of a Private Limited Company.

Pros

- As this is a separate legal entity, partners are not liable for any company debt beyond their share capital
- Partnerships file income tax statements instead of annual returns
- Less government compliance obligations compared to a Private Limited Company

Cons

- Transfer of ownership is more complicated than doing this with a Private Limited Company
- Less consumer-focused image than other types of businesses

Partnership
Incorporation Process

How Osome helps incorporate a company in Singapore in easy steps

We deal with the government requirements

We deal with the government requirements

You’ll have to employ a Nominee Director, a Corporate Secretary, and maintain a local office. You also need a certified agency to apply for incorporation on your behalf. We help with all of these.

We incorporate your company

We incorporate your company

We handle the process 100% online. This includes collecting your documents via chat, process KYC for all directors and shareholders, and fill in all the necessary documents. We submit the application to the Singapore government agency, and upload all data into your Osome account.

We open your business account

We open your business account

We partner with a variety of local banks. Our partners include Airwallex, Fazz, Aspire and WorldFirst. They process KYC online and can have your account set up and ready within days. You won’t have to go anywhere for it.

Content image
We set up the business routine

We set up the business routine

From registering to tax, compliance, and accounting services, our local accountants will be by your side from your first year onwards.

You're ready Content imageto start trading

Download your free Pre-Incorporation checklist

We've put together all of the documents and details you need to figure out before you open a company.

By clicking, you agree to our Terms & Conditions, Privacy and Data Protection PolicyDownload link
Download your free Pre-Incorporation checklist
Testimonials

What our clients think about Osome services

Customer stories
“I use Osome to help me succeed”
Felix Lee, ADPList
“I use Osome to help me succeed”
Facts & numbers

91 %of customers recommend Osome services

Review

“My company was successfully incorporated within just 3 days! I was blown away by the speed and efficiency of the process.”

Jason Choo

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.

  • 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.

Ask your question
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