Registering a Company in Singapore

Singapore is one of the most accessible places to register a business due to its efficient processes and attractive tax incentives. Under the Singapore Companies Act, anyone over 18 can register a company, whether local or foreign.

Key Requirements

• Registered Address: Must be a physical address in Singapore (including HDB flats under the Home Office Scheme).
• Directors: At least one resident director; foreign entrepreneurs can apply for an EntrePass.
• Shareholders: Up to 100% foreign ownership allowed.
• Company Secretary: Appointed within six months, must be a Singapore resident.
• Paid-Up Capital: Minimum S$1, but higher capital enhances credibility.

Steps to Register

• Pre-registration: Choose a unique company name and reserve it through ACRA’s BizFile+ platform.
• Documents Required: Company name, registered address, business description, director and shareholder details, company constitution, and financial year-end date.
• Filing: Submit documents and pay a S$300 fee via BizFile+. Registration is typically completed within hours.

Post-Registration Essentials

• Obtain a Certificate of Incorporation and business profile from ACRA.
• Leverage Singapore’s tax benefits: 17% corporate tax, start-up tax exemptions, and double taxation relief.
• Maintain compliance by ensuring proper corporate governance and timely submissions.

Why Singapore?

Singapore offers a robust digital infrastructure, a transparent legal framework, and numerous start-up incentives, making it ideal for entrepreneurs.

For expert assistance with registering your company, contact JCP Law for comprehensive support.