Registering your business in Singapore is easy. When you incorporate with us, we will be right by you every step of the way!
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Start your company in Singapore from the comforts of your home as everything is done online from collating requirement, signing documents to actual business registration.
With all the right documents and details, we can incorporate your dream company in Singapore within 60 minutes.
Messy paper works no more with our shared database, where you can access anytime, anywhere your secured and organized files.
We help both locals and foreigners with company registration.
For foreigners, there’s a legal requirement to hire local directors, so the company incorporation costs more. The company registration process for locals is more straightforward.
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Save money from day one with our incorporation packages
Starting a company in Singapore can be intimidating, but we will help you navigate through the process and avoid pitfalls
Start your business hassle-free with this 12-month service
Due to the liabilities associated to the position, dislocure requirements shall be mandated for this package
Do business stress-free with this 12-month service
Other important matters that you might need
Consider these add-on services on top of above packages
Receive alerts on mails collected, scanning of documents, and forwarding of mails
Leave your bank document preparation and teleconference appointment with us
Leave a professional mark on your documents with a self-inking rubber stamp
Covers compensation and benefits computation, pay slip issuance, and mandatory contributions
When you incorporate with us, we will be right by you every step of the way
Every Singapore Company must-haves are the following:
Further details regarding your desired company are required by ACRA before officially filing it. We will ensure a copy of your Memorandum and Articles of Incorporation and Business Profile, two important documents to formally start your business in Singapore.
We can assist you setting up your Singapore Bank account and your Singapore – complaint accounting books. With the help of our accounting executives, filing your mandatory documents would be easy as 123.
We got you covered
We have incorporated businesses from various industries in Singapore. Our years of experience have familiarized us with the twists and turns in incorporating businesses
We can incorporate your company as fast as 60 minutes given that we have all the required details. However, there is no guarantee that it will always be like that, some application can be can be referred to Authorities and might take up to 2 months to process. (https://www.acra.gov.sg/how-to-guides/before-you-start/referral-authorities)
In Singapore, two companies can’t bear the same name. So, you have to come up with a unique word or word combination. In case that your desired name is taken, you may try to change a few spellings or add extra words to lessen the chance of being referred to Authority due to having identical name.
Yes! A foreign individual can be the director of a Singapore-based company; however, Singapore does not permit Corporate Directors but they can be Corporate Shareholders.
Once incorporated, ACRA will send a Business Profile containing all your company details and your company UEN (Unique Entity Number) which you can use to register for license and opening a bank account.
A private limited company (PTE. LTD.) is a LLC in which the shares are held by less than 50 persons. Most privately incorporated businesses in Singapore are registered as private limited companies. o Limited liability partnerships (LLP) allows companies to operate as partnerships while enjoying the benefits of a private limited company. LLP are separate legal entities. Partners will not be held liable for any losses or debts from the business.o Sole proprietorship essentially means there are no partners in the business. This means the owner can earn all the profits but also bear higher risk if anything happens.
If a company chooses to adopt the Model Constitution in force from time to time, it would be taken to have adopted any changes to the provisions in the Model Constitution as made in the law over time, without having to go through any procedures to amend the Model Constitution that it has adopted. Adopting the Model Constitution in force at a point in time would mean that the Model Constitution adopted is fixed, unless the company subsequently makes amendments to it.
Yes, before you can incorporate your business in Singapore you must have a Singapore Address for your business.
Yes. As an approved tenant or flat owner you are allowed to register your firm or company with your residential address however you are required to seek the proper approval from the relevant authorities. You can register to set up a home office in your private home or HDB flat and hire up to 2 non-resident employees.
Before you can formally start your company in Singapore, the Accounting and Corporate Regulatory Authority (ACRA) must first approve the name of your company. All business owners who want to start a company in Singapore must go through the incorporation process. This rule applies to both Singaporeans and foreigners. You can accomplish this by registering your business with ACRA and following the Companies Act.
However, foreigners without a Singpass must have a registered filing agent submit the applications for the company name and incorporation on their behalf. WealthBridge's company incorporation services can guarantee that your business complies with Singapore legal requirements.
To check a company registration, you can look it up in the ACRA database. You can use the website's business entity search option to type and enter the company name into the database. If the company name is not listed in the ACRA database, then business is not authorized to operate . Keep in mind to double-check the spelling of the company name.
Singapore is a country in Southeast Asia. Therefore, incorporating your company in Singapore can give you access to the developing Asia-Pacific markets. Low taxes, a good standard of living, and favorable laws for foreign companies are also the benefits of incorporating your business in Singapore.
It is perfectly legal to operate a company without incorporating it in Singapore. However, there are advantages to incorporating your business, such as giving your company activities legal protection, credibility, and branding.
Running a company in Singapore without doing formal incorporation also gives you the title of Sole Proprietor. Hence your company activities are assumed to be those of a sole proprietorship. As such, the proprietor must pay personal income tax (ranging from 0% to 22%) on the income from the proprietorship. Other than that, the tax benefits, exemptions, and rebates that are available to a private limited company cannot be claimed by a sole proprietorship.
To register a Singapore business, you need to have a local address, a corporate secretary, and a resident director.
Your paid up capital can be as low as 1 Singapore dollar
Your identification ID (NRIC/Passport) , proof of Address, signed Due Diligence and First Board Meeting Resolution.
You can have as many directors and shareholders as you want or it could be just you. However, please note that at least one of the directors must be a Singapore local resident (Singapore Citizen or Singapore Permanent Resident) and of legal age of 18 years old and above.
It must be a physical place like lease office space or your residential place and not just a P.O. box.
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