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Accounting and audit services are essential for staying compliant in Singapore.
Incorporate with the Success plan ,we’ll cover all incorporation, registration, and govt. fees worth SG$3,999!
Covers everything you need to get your business started:
New company Incorporation
Unlimited Corporate Secretary
Sleek business account (subject to approval)
Everything in Starter, plus:
Accounting and Tax filing
Everything in Compliance, plus:
Registered address and Mailroom
*Government fees excluded from discount
Rishi Chadha | Director, SentientGaming QA Solutions
Fast, online, and hassle-free company incorporation. No need for any paperwork or for you to be physically present in Singapore.
No surprises! Transparent, affordable, all-inclusive pricing. Solutions tailored to your business needs.
Direct access to our experts who will guide you through each step of the company formation in Singapore with complete transparency.
Get an Airwallex multi-currency business account with a VISA corporate card when you register your business with Sleek.
Amiya Patanaik
CEO & Co-Founder, Neurobit
“I recommend Sleek to almost all my entrepreneur friends. Whoever is starting a new company, I would say just go for it, one less thing to worry about.”
Navneet Kaur
Founder & CEO, Yours
“My company admin all managed in one place and I have one point of contact to make it super easy for me to manage it”
And share basic details with us in just a few minutes.
Preparing and sending them all the documents they need.
Access all your official documents on your Sleek dashboard.
Great news, your company name is available! Now simply pick a plan below to get started
Great news, your company name is available! Now simply pick a plan below to get started
Sorry! That name is already taken. Still brainstorming a name? See our incorporation plans below.
This information is required for proper classification and Singapore company incorporation purposes. Read more →
Choose a unique name and ensure it complies with regulations. Check if your company name is available using our online name checker.
You need at least one shareholder (any nationality, individual or corporate) and at least one Local Director* (Singaporean Citizen/PR/Entrepass Holder residing in Singapore).
Determine the initial capital shareholders will contribute. In Singapore, except for regulated industries, there’s no minimum requirement for share capital, allowing incorporation with just SG$1.
Sleek will guide you through each step of your Singapore company formation
Submit the incorporation application through BizFile+ to ACRA.
Obtain your Business Profile (Company) from ACRA, with your UEN and entity name.
Provide your company constitution and compliance corporate kit.
Open a Sleek Business Account* for you.
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How to incorporate a company in Singapore?
Incorporating a company in Singapore involves these steps.
Consider consulting professionals like Sleek for seamless incorporation. With Sleek’s help, you can complete all these steps in as little as one day and start your Singapore company from anywhere in the world, without needing any face-to-face meetings.
What are the key requirements to incorporate a new company in Singapore?
Incorporating a company in Singapore as a local is a relatively straightforward process. All you need is the following:
What types of company structures are available for company incorporation in Singapore?
You can choose between the following company structures:
Sole Proprietorship
Sole proprietorship essentially means there are no partners in the company. This means the owner can earn all the profits but also bears higher risk if anything happens. Sole proprietorship is not a separate legal entity from the company owner.
Who can apply:
Singapore citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), ONE Pass holders.
Partnership
Who can apply:
Singapore citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), ONE Pass holders.
Private Limited Company (Pte Ltd) – most popular structure
Private limited companies have: less than 50 shareholders and their shares should not be accessible to the public. A private limited company has the most flexible company structure. It is a separate legal entity from its shareholders and directors. It enjoys limited liability. We recommend the Pte Ltd structure due to its flexibility, legal protection and accessibility to government grants, funding and tax exemptions.
Who can apply:
Singapore citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), Employment Pass holders, EntrePass holders, ONE Pass holders, Personalised Employment Pass holders.
Read here for difference between Pte Ltd vs LLP.
Why should you incorporate a Singapore Private Limited company?
A Private Limited Company is the most scalable, advanced and flexible business structure in Singapore.
Advantages:
Disadvantages
Read here on how to set up a private limited company in Singapore.
How can I decide on the ownership structure of my company?
You would determine the shareholders and their respective ownership percentages by indicating it in your company incorporation documents. If incorporating a subsidiary company in Singapore, the sole shareholder will be the existing local or foreign company. For a new venture, the shareholders will be you and any partners you may have.
How much share capital do I need?
You only need $1 paid-up capital for your Singapore company incorporation, in any currency. The share capital can be increased any time after your company incorporation.
How many shareholders do I need?
To incorporate your Singapore company, you can have 1-50 shareholders. A shareholder can either be an individual or a corporate entity (also sometimes known as a “corporate shareholder”).
What is a corporate shareholder and do I need one?
A corporate shareholder is a business entity that owns shares in another limited company. The term ‘corporate shareholder’ may refer to another limited company, a limited liability partnership llp or a non-profit organisation or charity.
Who can I appoint as the director of my Singapore company?
You can appoint 1 or more directors for your company. Every company needs at least one local resident director (a Singapore Citizen or a Permanent Resident).
If they are Singapore citizens and/or Permanent Residents (PR), they have to be individuals, and at least 18 years old.
If he or she is not a Singapore resident and wishes to fulfil the local resident requirements, the director must have a valid EntrePass or Employment Pass, and have a Letter of Consent (LOC) from Singapore’s Ministry of Manpower (MOM) to act as a Director (if applicable).
How do I check if a company is registered in Singapore?
It is super easy to check whether or not a company is registered in Singapore. Head to ACRA’s search platform and type in the company name that you would like to check. Right after that, if the company is registered, you will get the company’s information that would include – company name, office address, Unique Entity Number (UEN) and more.
How do I reserve a company name with ACRA?
A company name can be reserved via ACRA’s portal. After the name application has been approved, the name will be reserved for 120 days straight. If you do not register the company or incorporate the company within these 120 days, the name will no longer be reserved and will be made available to other members of the public. If you have reserved a company name you can share the reference number with your Corporate Secretary to use at time of incorporation.
What documents do I need to prepare to incorporate my company?
Are you an individual starting a company?
Are you an existing company looking to have a Singapore entity?
What are the typical pre-incorporation documentation that will need to be signed?
How long does it take to incorporate a company in Singapore?
The application process in Singapore typically takes 1-2 working days, provided all necessary documents are in place.
However, the processing time may be longer if there are any issues or errors with the application or if additional information is required. It’s worth noting that the timeline for the Singapore company incorporation process can also depend on the type of company being incorporated and the specific requirements involved. It might take a company with foreign shareholders or directors longer to incorporate due to additional compliance requirements. It’s recommended to seek professional advice from a company incorporation expert to ensure a smooth and efficient process.
What do I need to provide in order to incorporate my company in Singapore?
In order to incorporate your company in Singapore, you would need to provide:
Gathering all the right information for your company registration could be the trickiest part, get in touch with Sleek if you need any assistance.
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