Business Consulting SG

Singaporeans and Permanent Residents can use their Singapore ID to register a Pte Ltd online via the BizFin+ portal.

Foreign individuals and corporations, however, need to engage a Singapore company incorporation service provider. These firms handle official interactions with the Company Registrar, ACRA, on your behalf.

The process involves paying S$15 to register your company’s name with ACRA, followed by a S$300 fee to submit your incorporation documents and officially register your company. These providers also offer guidance on post-incorporation tasks necessary before commencing business activities.

Incorporation is the process of creating a legal entity in Singapore. Once a company is incorporated, it gains the rights and responsibilities of a natural person and operates independently from its owners or shareholders. This process establishes the company as a distinct legal entity with its own identity.

Any individual, whether local or foreign, who is over 18 years old can incorporate a company in Singapore. They must meet ACRA’s basic pre-incorporation requirements and should not have any convictions for misconduct or be declared bankrupt.

To incorporate a company in Singapore, ACRA charges S$15 for company name registration and S$300 for the company registration itself. Foreigners cannot register their company independently and must appoint an agent for this process.

The total cost for setting up a company in Singapore varies based on the services required. At SBS Consulting, our incorporation packages start at S$699, and with our promotional offer, you receive free company secretary services and a registered office address for the first year.

With an experienced filing agent like BCSG, incorporating a company in Singapore can typically be completed in 1-3 days.

However, if the application is referred to the relevant Ministry, the process might extend up to 2 months.