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Starting a Company in Singapore

Guides to the fundamentals of starting a business in Singapore, including company types, key requirements, and the government agencies involved in running a company.

Can I incorporate a Singapore company if all shareholders are corporate entities?

Yes, a Singapore company can be fully owned by corporate shareholders, whether local or foreign. However, you may be subject to additional compliance requirements such as beneficial ownership disclosure and XBRL filing, depending on your structure and financial position.

What happens if my chosen company name is rejected by ACRA?

If ACRA rejects your company name, you must submit a new one that complies with naming guidelines. Rejections typically occur due to similarity with existing names or restricted terms, which can delay incorporation by several days.

Can I reserve a company name without incorporating immediately?

Yes, once approved by ACRA, your company name is reserved for 120 days. If you do not complete incorporation within this period, the reservation will lapse and the name may become available to others.

Can a minor (under 18) be a shareholder in a Singapore company?

Yes, minors can hold shares in a Singapore company but cannot act as directors. Additional verification or documentation may be required during incorporation to meet compliance standards.

Can I use a holding company structure from day one?

Yes, you can incorporate a Singapore company as a holding entity from the start. However, cross-border ownership structures may introduce additional tax, reporting, and compliance obligations depending on the jurisdictions involved.
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