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This information is required for proper classification and Singapore company incorporation purposes. Read more →
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.
This information is required for proper classification and registration purposes. Read more →
Check if your company name is available using our online name checker.
Determine the initial capital shareholders will contribute. In Hong Kong, except for regulated industries, there’s no minimum requirement for share capital, allowing incorporation with just HK$1
You need a physical address in Singapore as the registered office for official correspondence and legal purposes. It must be a non-PO Box address capable of receiving all government communication and notices.
Every company must appoint a Company Secretary who resides in Hong Kong. This individual will help the directors to prepare and file all necessary documentation to keep the company compliant.
Kai Kono
Owner, Spring Digital
Very professional, responsive, and setting up a company was extremely seamless. Highly recommend Sleek to all entrepreneurs and companies setting up in Singapore.
Sheila Karpe
UNEARTH BALANCE PTE. LTD.
Sleek is an absolutely breeze to work with. They make the entire of process of incorporate your business to the AGM work like clockwork. Their advice has always been spot on and they by far have the most competitive rates on the market. I recommend them to everyone and will continue to do so!
Praveen Dayal
Owner, Elite Expertise Pte Ltd
From the very beginning of the process, the team at Sleek was professional, knowledgeable, and highly responsive to all of our needs. If you’re looking for a company that can provide exceptional service in company incorporation, Company Secretary, accounting services and support, look no further than Sleek.
Andrew Lai
AETNA INSURANCE BROKERS PTE. LIMITED
Had an extremely pleasant experience dealing with the Sleek platform. This was after trying to apply via the ACRA portal directly, which ended up being extremely difficult due to the poor UI/UX (not recommended for beginners). The Sleek platform and interface was also extremely user friendly. He (Oswyn) understood the urgency of setting up the account quickly and expedited the request, resulting in the entity being set up in less than 3 hours.
Kai Kono
Owner, Spring Digital
Very professional, responsive, and setting up a company was extremely seamless. Highly recommend Sleek to all entrepreneurs and companies setting up in Singapore.
Andrew Lai
AETNA INSURANCE BROKERS PTE. LIMITED
Had an extremely pleasant experience dealing with the Sleek platform. This was after trying to apply via the ACRA portal directly, which ended up being extremely difficult due to the poor UI/UX (not recommended for beginners). The Sleek platform and interface was also extremely user friendly. He (Oswyn) understood the urgency of setting up the account quickly and expedited the request, resulting in the entity being set up in less than 3 hours.
Sheila Karpe
UNEARTH BALANCE PTE. LTD.
Sleek is an absolutely breeze to work with. They make the entire of process of incorporate your business to the AGM work like clockwork. Their advice has always been spot on and they by far have the most competitive rates on the market. I recommend them to everyone and will continue to do so!
Praveen Dayal
Owner, Elite Expertise Pte Ltd
From the very beginning of the process, the team at Sleek was professional, knowledgeable, and highly responsive to all of our needs. If you’re looking for a company that can provide exceptional service in company incorporation, Company Secretary, accounting services and support, look no further than Sleek.
Here are some common questions we receive from our customers.
If you have any additional questions, please don’t hesitate to contact us.
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.
Incorporating a company in Singapore as a local is a relatively straightforward process. All you need is the following:
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.
A Private Limited Company is the most scalable, advanced and flexible business structure in Singapore.
Advantages:
Disadvantages
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.
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.
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”).
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.
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).
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.
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.
Are you an individual starting a company?
Are you an existing company looking to have a Singapore entity?
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.
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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