Company Incorporation in Singapore
Have a Business Idea and Ready to Start?
Singapore’s pro-business environment, low tax rates and strong intellectual property protection are just a few of the many reasons why local entrepreneurs choose to start their business here or overseas companies decide to expand their foothold in Singapore. If you are starting a business, get on the right track and incorporate your company with Chartsworth today.
Incorporate Your Company Today!
Before you can put your business plan into action, you will first need to incorporate your company through the Accounting and Corporate Regulatory Authority (ACRA) in Singapore. With our extensive experience of assisting businesses in Singapore, we know how you may have your hands full with your company logistics and formation.
Want a hassle-free experience getting your company registered? Get in touch with us with the following information and we can incorporate your company online:-
- Company Name
- Company Type (Private Limited company is the most popular structure)
- Principal Activities
- Details of director, shareholder, secretary (Minimum 1 resident director required)
- Paid-up share capital of minimum S$1
- Shareholdings of each shareholder
- Registered office address
- Financial year end
- Includes ACRA registration fee and name application fee worth S$315
- Checking and reserving the company name
- Preparing your company constitution (memorandum & articles of company)
- Preparing all registration form
- Filing with ACRA
- Free consultation on annual statutory compliance requirements of company
Incorporation with secretary
Everything in Incorporation for resident plus:
Secretary Services Includes
- Annual filing fee to ACRA worth S$60
- Preparation of AGM documents
- Filing of annual return
* Singaporean & Permanent Resident
Incorporation for non-locals
Everything in Incorporation with Secretary plus a nominee director.
We can act as your nominee director to fulfill your company’s requirement of having at least one director who is ordinarily a resident in Singapore. A nominee director is a nominee of the shareholder of the company and he acts in accordance with the directions, instructions or wishes of the shareholder.
FAQs about Incorporating a Company in Singapore
In addition to the paid-up share capital of minimum $1, there will also be a flat-fee of $15 for your company name application and incorporation fees of $300. Both fees have been included in our incorporate package.
The approval of your business incorporation application will be done by ACRA Singapore and with a trusted company incorporation provider handling the document preparation, the company registration process can be done quickly and efficiently within hours.
Keep in mind that for foreigners who intend to incorporate a company in Singapore, you will need a nominee director in order to meet the requirements. He or she must be a Singapore citizen or permanent resident with a permanent Singapore address.
After successfully incorporating your company, there are some immediate tasks to follow through. This includes appointing a corporate secretary, opening a local bank account and applying for Goods and Services Tax (GST) if required for your business. Besides assisting you with your company incorporation in Singapore, discover how we can further support your business with our accounting services and tax services.
To better manage your post-incorporation responsibilities, you can clarify with your corporate service provider for guidance.
Yes, it is a legal requirement to appoint a qualified corporate secretary that is based in Singapore within the first six months of your new company incorporation. Take note that while a company can be operated by a single person, the sole director or shareholder cannot act as the company secretary. If you are a one-person company, find out how we can assist you with our corporate secretarial services.