Curious about launching your dream business in Singapore's flourishing economy? Let our experts ease your stress and help you with company registration in Singapore!
Register your business in the robust economy of Singapore with Enterworld. Our global company registration consultants ensure seamless company registration in one of the top 50 high-income group economies. With our experts you can start a company from the comfort of your own convenience and location, without the hassle of travel and documentation complications.
Leave your worries to us to benefit from tax optimization tactics, guidance on company structure, financial management, and tax savings. Obtain long-term visas with an Employment Pass and a Dependent Pass for your family members. Leverage our experience and expertise in global company registration in Singapore.
Singapore offers various business structures, including Private Limited Companies, Limited Liability Partnerships, etc, where each company type serves different business needs and offers flexibility & benefits.
Private Limited Company
A popular business type in Singapore, it features “Pte Ltd” in its name. It can have up to 20 individual shareholders, a minimum share capital of 1 Singapore Dollar (SGD), a registered address, and a company constitution, and it must meet regulatory compliance.
This business type in Singapore allows the public trading of shares. It can have more than 50 shareholders and issue shares to the public. It must comply with the rules and regulations of the Singapore Exchange and have a Board of Directors.
Limited Partnership
A Limited Partnership company in Singapore requires at least one general partner and one limited partner. The general partner has unlimited liability, while the limited partner has limited liability and is not involved in managing the business.
Limited Liability Partnership (LLP)
An LLP in Singapore features limited liability for its partners. They are owned by two or more partners who are not personally liable for each other’s misconduct. However, the control of the business remains with the partners themselves.
Sole Proprietorship
Owned by a single individual, it is not a separate legal entity. It can sue and be sued in the owner’s name. It can own properties in the owner’s name, which has unlimited liability, faces a personal risk for debts and is taxed at individual income rates.
Registration Process
Company Registration Process in Singapore
With the experts’ assistance, quickly establish your company in Singapore by following these steps:
Name Availability & Business Structure
Verify the desired company name and choose the best-suited business structure.
Name Reservation & Local Director Appointment
Reserve the chosen business name ACRA and Appoint a local nominee/director.
Other Important Steps
Establish a registered office address, draft company constitution and open a bank account.
Advantages of Incorporating Your Company in Singapore
Incorporating a business in Singapore offers various benefits, including a business-friendly environment, strategic location, favourable tax policies, and access to global markets. These advantages make Singapore an attractive destination for foreign entrepreneurs to start their global company registration.
Enjoy a hassle-free, straightforward and quick company registration process in Singapore, completed within a few days.
Easy Compliance & Robust Legal Framework
Benefit from easy compliance requirements and a transparent, business-friendly legal environment protecting your investments.
Stable Political Climate
Operate your business peacefully in a politically stable environment with solid governance and low corruption levels.
Skilled Workforce & Global Reputation
Access highly educated & skilled workforce, supported by Singapore’s globally reputed emphasis on innovation & technology.
Supportive Business Environment
Benefit from government grants, funding schemes, and incentives to support business growth in Singapore.
Documents Required
Documents Required for Company Incorporation in Singapore
Passport Copy - For proposed shareholders & directors
Residential Address Proof - Utility bill or bank statement
Registered Office Address in Singapore
Company Name – Approved by ACRA
Shareholders, Directors & Company Secretary Details
Memorandum of Association (MoA) and Article of Association (AoA)
Details of Principal Activities
Share Capital Details
Nominee Director (if applicable)
Bank Reference Letter (if applicable)
Taxes
Different Types of Taxes in Singapore
Income Tax
Property Tax
Estate Duty
Stamp Duty
Corporate Tax
Withholding Tax
Capital Gains Tax
Personal Income Tax
Customs and Excise Duty
Goods and Services Tax (GST)
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Frequently Asked Questions
The main forms of corporate entities are private limited companies, public limited companies, limited partnerships, and limited liability partnerships.
The procedure usually lasts 4–7 days and involves 1–2 days in name reservation, 2-3 days in paperwork preparation, and 1–2 days in business registration.
Essential paperwork includes:
A copy of the passport
Evidence of residence address
Suggested business name
Shareholder and director data
Company constitution
Registered address in Singapore
A private limited company requires 1 Singaporean Dollar as the minimal share capital needed for registration.
With Enterworld, you don’t need to be present in Singapore. We provide remote setup services so you can incorporate your business without being physically present in Singapore.
Companies in Singapore are taxed at a flat rate of 17%. The start-up tax exemption scheme supports entrepreneurs by offering new companies partial tax relief on their profits during the first three years of operation.
Some benefits of registering a company in Singapore include:
100% foreign ownership
Business-friendly atmosphere
Solid legal system
Robust and thriving economy
Qualified and skilled staff
Quick incorporation procedure
Post registration, Enterworld offers continuous support ranging from business compliance, yearly return filing, bank account setting, and regulatory help.
Any company aiming to register in Singapore must check the availability of its name with the Singaporean Accounting and Corporate Regulatory Authority (ACRA). ACRA must approve the suggested business name before it can be legally used.
The procedure to register a company in Singapore consists of the following steps:
Verifying name availability
Selecting a business structure
Reserving the name with ACRA
Assigning a local or nominee director
Obtaining a registered address
Incorporating the company
Singapore companies qualify for the following tax breaks:
Startup Tax Exemptions
Partial Tax Exemptions
Productivity and Innovation Credit
Investment Allowance
Research & Development Tax Incentives
Double Tax Deduction for Internationalization
Tax Incentives for Holding Companies
The Singapore Employment Pass (EP) is issued by the Ministry of Manpower (MOM) to attract foreign entrepreneurs and talent, and to promote economic development. The EP allows qualified foreign professionals, managers, and executives to work and live in Singapore.
The nominee director must be a Singaporean citizen, permanent resident, or a foreigner with a valid employment pass or entrepreneur pass with a local address.
With low corporation tax rates, simplicity of business, a robust legal system, worldwide connectivity, and a startup-supporting ecosystem, Singapore offers a business-friendly climate.
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