- S$315 is only the government filing cost (name application plus registration). It is the minimum starting point.
- Most founders need extra essentials on top, such as a registered address and company secretary (and for foreign founders, usually a nominee director).
- DIY can be cheaper, but it comes with more admin and compliance work, so many founders choose an all in one digital provider like Sleek to keep things simple.
Registering a company in Singapore costs a minimum of S$315 in government fees. But most founders budget S$1,500–2,500 in their first year, once you add essentials like a registered address and company secretary. Here’s the full breakdown of every cost you’ll face in 2026.
Here’s the short answer: S$315 in ACRA government fees.
Think of S$315 as the base fee. The real cost depends on whether you register on your own or use a service.
Let’s go through the details.
Quick answer
|
Minimum government fee |
S$315 (ACRA name application + registration) |
|
All-in cost for locals |
S$1,500–2,500/year |
|
All-in cost for foreigners |
S$3,000–5,000/year |
|
With Sleek (all-inclusive) |
From S$650 |
|
Typical timeline |
1–3 business days |
|
Documents needed |
3 (ID, address proof, director details) |
How much does it cost to register a company in Singapore?
To set up a company in Singapore, you must pay fees to ACRA, the government authority. These fees are fixed and apply to every company at the time of incorporation.
- Company name application: S$15
- Company registration fee: S$300
Total minimum cost of registering a company in Singapore:S$315
That’s the bare minimum. In practice, most founders also need to budget for compliance services like a registered address and a company secretary.
What is the actual Singapore company registration cost?
If you’re a Singaporean or PR, you might be able to register directly through Bizfile and keep costs low. But most businesses still need professional help to tick all the compliance boxes. Here’s why:
- Registered address – You need a local Singapore address for your company. If you don’t have an office yet, a virtual office or registered address service usually costs between S$250–500/year.
- Company secretary – Every Singapore company must appoint a qualified company secretary within 6 months. Professional services range from S$300–1,500/year.
- Nominee director (if you’re a foreigner) – At least one director must be a Singapore resident. If you don’t know someone who qualifies, service providers offer nominee director services around S$1,500–5,000/year.
- Incorporation service fees – If you engage a corporate services provider (like Sleek), packages for incorporation typically start at S$600 and go up to S$2,000, depending on what’s included.
- Business bank account – Opening a corporate account is free with the Sleek Business Account, including the initial deposit. If you open an account with a traditional bank, you may face setup charges or have to keep a minimum balance. Most banks will want around S$1,000 as your starting deposit.
How much does it cost in total? Two real scenarios
For a local founder (Singapore citizen or PR)
Item | Estimated cost |
|---|---|
ACRA government fees | S$315 |
Registered address | S$400 |
Company secretary | S$300 |
Bank account deposit (traditional bank) | S$1,000 |
Total first-year estimate | S$1,500–2,500 |
For a foreign founder
Item | Estimated cost |
|---|---|
ACRA government fees | S$315 |
Registered address | S$400 |
Company secretary | S$300 |
Nominee director | S$2,000 |
Bank account deposit (traditional bank) | S$1,000 |
Total first-year estimate | S$3,000–5,000 |
With Sleek’s all-in-one package from S$650, incorporation, a company secretary, and a free Sleek Business Account (no deposit required) are all included, saving locals up to S$1,000 compared to sourcing each service separately.
With Sleek’s all-in-one setup from S$650, you get incorporation, a company secretary, and a free Sleek Business Account. Compared to piecing services together, this can save hundreds to over S$1,000 in the first year.
DIY vs Sleek vs Traditional Firms: What’s the real difference?
|
Factor |
DIY (Bizfile) |
Sleek |
Traditional firm |
|---|---|---|---|
|
Cost |
From S$315 (ACRA fees only) |
From S$650 all-inclusive |
From S$800 (add-ons often extra) |
|
What’s included |
ACRA filing only |
Incorporation, company secretary, free business account |
Incorporation + secretary or address; extras billed separately |
|
Who handles compliance |
You |
Sleek manages everything online |
Partial support; often requires manual follow-up |
|
Best for |
Founders are confident with ACRA forms and ongoing compliance |
Entrepreneurs who want a fast, fully compliant digital setup |
Business owners who prefer face-to-face despite the higher cost |
The DIY route saves money upfront but puts all compliance responsibility on you, including annual filings, AGM documentation, and ACRA updates. Missing deadlines can result in penalties.
While DIY saves money, it also means managing every compliance step yourself. Sleek gives founders the option of a digital service that reduces this workload.
You can do it yourself on Bizfile or use Sleek to handle the entire process, including your company secretary and registered address, for a faster and fully compliant setup.
How Sleek lowers your Singapore company registration cost
The true cost of starting a company in Singapore is more than the S$315 ACRA fee. Founders also need to pay for a registered address, a company secretary, and sometimes a nominee director. If you buy these separately, the first-year cost can reach around S$2,000 for locals and S$4,000 for foreigners.
Sleek keeps this simple. With packages starting from S$650, you get:
- ACRA government fees (S$315 already included)
- One year of company secretary services
- A free Sleek Business Account with no deposit or minimum balance
- Fast digital setup so you avoid paperwork and long processes
On top of that, you can also add other services like nominee director, registered address, accounting, and tax support. This means you do not have to deal with multiple vendors, since everything is managed under one platform.
Saving money matters, but what matters more is knowing your company is set up properly from the start. That way, you can put your energy into growth.
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