Singapore Company Registration
Supporting all business structures: companies, trusts, foundations, and partnerships.
Before you incorporate your company in Singapore
Identify the Company Structure
Consult HC Consultancy for Singapore company registration Services if you decide between a Private Limited Company (Pte Ltd) or a Sole Proprietorship. Consider factors such as tax implications, compliance requirements, liability, and the number of members allowed when deciding.
Register Your Company Name
Choose a unique name for your business and check its availability on ACRA’s BizFile+ portal. Ensure the name represents your brand and does not infringe on any existing trademarks or business names.
Identify Your Company Directors and Shareholders
You need at least one shareholder (of any nationality, individual, or corporate) and one local director (a Singaporean Citizen, Permanent Resident, or Employment Pass.
Allocate Your Paid-up Capital
Incorporation requires a minimum paid-up capital of S$1, which can be increased anytime after registration, and a bank account must also be opened.
Get a Registered Address in Singapore
You need a physical office address in Singapore that is accessible during business hours.
P.O. boxes are not acceptable.
Appoint a Company Secretary
Every company must appoint a company secretary who resides in Singapore within six months of incorporation. We can assist you with this requirement.
Your Company Registration service includes:
- CorpPass Admin Account Creation (CorpPass fees are separate)
- Name check and reservation
- Preparation of registration forms
- Our Professional fees (excluding ACRA fees: Name reservation & approval – S$15; Company registration – S$300)
- Resolution to open a bank account
- First Board Meeting Minutes
- Preparation of Model Constitution (M&AA)
- Statutory Registers
- Preparation of Share Certificate
- Purchase of Common Seal
“Since 2008, HC Consultancy Services has provided invaluable corporate secretarial support, guiding us through restructuring and share transfers with professionalism and expertise. We highly recommend their reliable, efficient services.”
Florence, Finance Director, Giesecke+Devrient Mobile Security Asia Pte Ltd
“HC Consultancy Services has provided exceptional support for our corporate secretarial needs. They helped establish our Company Limited by Guarantee, facilitated our charity status application, and ensured compliance during board meetings. We highly recommend their expert and reliable services.”
Tan Swee Hoon Geraldine Marie, Chairman, Canossa Mission Singapore
Frequently Asked Questions
Why incorporate a Private Limited Company in Singapore?
- It is a separate legal entity from its shareholders and directors, offering liability protection.
- There are no restrictions on foreign shareholding.
- Profits are taxed at corporate tax rates (currently 17%), and new companies may be eligible for tax incentives and exemptions.
- Shares can be easily transferred.
- Private Limited Companies can raise capital more easily than other business structures.
What documents are required to incorporate my company in Singapore?
- Brief description of business activities.
- Director(s) particulars: NRIC (for Singaporeans or PRs), full name, residential address, and contact information.
- Shareholder(s) particulars: Similar to director particulars.
- The registered address of the company
How long does it take to incorporate a company in Singapore?
Business incorporation in Singapore can typically be completed within 1 to 3 business days. The timeline may vary depending on the complexity of the company structure and documentation preparation.
How to incorporate a company in Singapore?
Incorporating a company in Singapore involves these steps.
- Choose a unique name and ensure it complies with regulations.
- Appoint directors and a company secretary who must be Singapore residents. Provide a registered office address in Singapore.
- Decide on the company’s shareholders and their respective shares.
- Submit the incorporation application through BizFile+ to the Accounting and Corporate Regulatory Authority (ACRA).
- Pay the necessary fees and obtain the Certificate of Incorporation once approved. Lastly, complete post-incorporation tasks like opening a corporate bank account and fulfilling tax and regulatory requirements.
Consider consulting professionals like HC Consultancy for fast incorporation. With our help, you can complete all these steps and start your Singapore company from anywhere in the world, without needing face-to-face meetings.
What Types Of Company Structures Are Available For Company Incorporation In Singapore?
You can choose between the following company structures:
- Sole Proprietorship
A sole proprietorship has no partners in the company. This means the owner can earn all the profits but also bears higher risk if anything happens. Sole proprietorship is not a separate legal entity from the company owner.
Who can apply:
Singapore citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), and ONE Pass holders.
- Partnership
Who can apply:
Singapore citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), and ONE Pass holders.
Private Limited Company (Pte Ltd) – most popular structure
Can have up to 50 shareholders, and their shares should not be accessible to the public. A private limited company has the most flexible company structure. It is a separate legal entity from its shareholders and directors. It enjoys limited liability. We recommend the Pte Ltd structure due to its flexibility, legal protection and accessibility to government grants, funding and tax exemptions.
Who can apply:
Singapore citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), Employment Pass holders, EntrePass holders, ONE Pass holders,
Personalised Employment Pass holders.
Read here for the types of companies you can register in Singapore.