How To Register A Company in Singapore
The process to register a company in Singapore is generally considered to be straightforward, but it does involve several steps and requirements that need to be followed. Here is an…
The process to register a company in Singapore is generally considered to be straightforward, but it does involve several steps and requirements that need to be followed.
Here is an overview of the requirements for company registration in Singapore:
1. Company Name
The first step is to choose available company that complies with the guidelines set by the Accounting and Corporate Regulatory Authority (ACRA).
2. Shareholder
A Singapore company must have at least one shareholder, who can be an individual or a corporate entity. There is no restriction on the nationality or residency of the shareholders. Local and/or foreigner can own 100% share in Singapore incorporated company.
3. Directors
A Singapore company must have at least one director who is a resident of Singapore. The director can be a Singaporean citizen, a Singaporean permanent resident, or a foreigner who holds a valid work visa. For assistance of local resident director (nominee director), you can contact us.
4. Company Secretary
A Singapore company must appoint a qualified company secretary within six months of incorporation. You can find more details here as to the roles and requirements to be a qualified company secretary.
5. Registered Office Address
A Singapore company must have a registered address in Singapore that is not a P.O. box. You can use your private residential property or HDB flat to perform administrative work and employ not more than two non-resident employees to work.
6. Paid-up Capital
The minimum paid up capital starts from S$1 and no maximum paid-up capital requirement to register a company in Singapore.
7. Constitution
The company’s constitution must be prepared and submitted to ACRA during the registration process. A shareholder sign constitution at the point of incorporation must be kept at the registered office address.
8. Incorporation Documents
The following documents are required for incorporation: Company’s signed constitution, the consent to act as a director(Form 45), company secretary (Form 45B), proof of Certified True Copy of shareholders and directors identification (international passport/NRIC/Certificate of Incorporation) and latest 3 months proof of residential address of shareholders and directors. You can contact us for more detail on the incorporation documents.
9. Government Registration Fees
A S$315 registration fee must be paid to ACRA Singapore during the registration process.
Company registration in Singapore for foreigners, they will need to engage Registered Filing Agent in Singapore to submit their application. Our firm is one of the Registered Filing Agent (FA20170575) with ACRA.
How to register a company in Singapore ACRA?
Once all the requirements have been met and necessary documents have been submitted, as a Register Filing Agent with ACRA, we will apply and submit application name and registration. Then, ACRA will review the application and issue a business profile after your company incorporated.
How long does it take to register a company in Singapore?
The process for company registration in Singapore can take as little as 20 minutes or up to several weeks, depending on the complexity of the application.
Can we do company registration in Singapore without coming to Singapore?
Yes. We can register a company in Singapore online.
Need help to register a company in Singapore? Contact us for more details.