How to Register a Singapore Company?
Singapore is regarded as a leading financial centre in the global economy. The World Bank has ranked Singapore as the world’s 2nd easiest place to do business. Being home to many corporations from fast growing startups to large MNCs, Singapore offers a pro-business regulatory environment and a favorable corporation tax regime. This highlights why many foreigners choose to set up a company in Singapore.
As a foreigner, you will need to engage a professional corporate services provider to set up a Singapore company. At WeCorporate, we can ease the entire company registration process for you.
To register a company in Singapore, you can choose from any of the 5 different types of business entities :
- Private Limited Company*
- Limited Liability Company
- Subsidiary Company
- Branch Office
- Representative Office
*A private limited company is the most common entity set up in Singapore.
Options for Foreign Individuals to Register a Singapore Company
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Relocate to Singapore + Employment Pass
A foreign individual can choose to register a private limited company in Singapore. Upon company registration, we can apply for your Employment Pass and help you relocate to Singapore once your pass has been approved. Learn more »
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Relocate to Singapore + EntrePass
A foreign entrepreneur who wishes to register a company in Singapore can apply for EntrePass under the Startup SG government initiative. Click here to find out more on the eligibility requirements for EntrePass application. Learn more »
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Run Singapore company from overseas + Engage Nominee Resident Director
This is similar to registering a company with Employment Pass, except no application for Employment Pass and resident director is required. Without relocating to Singapore, you can continue to run a Singapore company from overseas via using our nominee resident director service to meet the statutory requirements. Learn more »
Options for Foreign Companies to Register a Singapore Company
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Subsidiary Company
This is similar to registering a private limited company in Singapore. Foreign companies can opt for Employment Pass (relocate to Singapore) or choose our nominee resident director service (if they do not wish to relocate). Learn more »
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Branch Office
Opening a branch office in Singapore helps with company operations and revenue generation in the area, although it does not qualify for any Singapore exemptions or subsidies. Foreign companies cannot register for branch offices on their own and must seek authorized third party corporate service providers like us. Learn more »
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Representative Office
A representative office in Singapore serves as a launch pad to explore business opportunities before deciding on a fixed location. It serves as an addition to a foreign company and does not engage in revenue generation. Learn more »
FAQs on Singapore Company Incorporation
- There are 5 different types of business entities you can choose when you set up a company in Singapore. They are:
- Private Limited Company
- Limited Liability Company
- Subsidiary Company
- Branch Office
- Representative Office
- To set up a Private Limited Company in Singapore, the requirements are:
- Min. 1 Shareholder
- Min. 1 Resident Director
- Min. 1 Local Company Secretary
- Min. S$1 Paid-up Capital
- Local Registered Address
- A foreign individual has the flexibility to not relocate to Singapore and still be able to run a Singapore company from overseas. However, you are required to opt for a nominee resident director to meet statutory requirements.
- Foreign companies cannot register for branch offices in Singapore on their own. Instead, they must seek authorized third party corporate service providers.