Local Singapore banks
For companies with verifiable activity and a clear payment structure. We consider banks such as DBS, OCBC and UOB.
- Corporate account
- International transfers
- Multi-currency operations
Tell us about your project
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Setup for non-residents
Company registration in Singapore
We register Singapore Private Limited (Pte. Ltd.) companies for international trade, IT, fintech and businesses working with South-East Asian markets. We provide a resident director and company secretary, a registered office address and full document preparation for ACRA filing, and we support your corporate bank account opening. The entire process is handled remotely.
6+ years
in corporate services
30+
jurisdictions
1250+
clients worldwide
Starting price
from $1,500
Timeline
from 2 days
Format
fully remote
Key parameters
Key parameters of company registration in Singapore
A quick overview of the corporate, tax and annual conditions of the Singapore jurisdiction for non-residents.
Company type
Private Limited (Pte. Ltd.)
The main structure for international business and working with Asian markets.
Foreign ownership
100%
The company can be fully owned by a non-resident, with no local shareholder required.
Director residency
Required
At least one Singapore-resident director is needed — we provide a nominee.
Corporate tax
17%
A flat rate on a territorial basis, where profits are taxed by source.
Minimum capital
from SGD 1
Paid-up capital starts at one dollar and can be increased as the business grows.
Annual obligations
Filings and secretary
ACRA and IRAS filings, a resident company secretary and an annual general meeting.
The final cost depends on the chosen package, nominee director and company secretary services, and any additional project tasks.
Information current as of July 2026.
Service packages
Cost of company registration in Singapore
From basic registration to a full launch with corporate support and bank account opening.
Start
Company registration and address
US$ 1 500
ACRA registration
Company name reservation
Private Limited registration via BizFile+
ACRA government fee: SGD 315
Constitution (company charter)
Corporate document set and UEN
Registered office address in Singapore for 1 year
Recommended Request a quote
Corporate
Director and secretary included
US$ 2 850
Everything in Start, plus:
Resident director
Local director service for 1 year
Compliance with ACRA residency requirement
Company secretary
Resident secretary service for 1 year
Annual filing with ACRA
Full service
With banking support
US$ 3 900
For launching a company with a prepared banking route and support through to the completion of account opening.
Everything in Corporate, plus:
Bank account
Bank or fintech (EMI) selection
Support during account opening
Business case and KYC pack preparation
Assistance with account activation
Important: banking support does not guarantee account opening. The final decision rests with the bank or EMI after reviewing the company profile and beneficial owners.
Use cases & benefits
What Singapore is suited for
Singapore suits international projects that value access to South-East Asian markets, the reputation of a leading financial centre and a predictable legal environment.
Suitable business scenarios
Fintech and payment projects
Operating in one of Asia's leading financial hubs, with the MAS licensing regime for payment and fintech services.
IT and SaaS
Building digital products, subscription services and exporting technology services from a reputable jurisdiction.
Funds and family offices
Managing capital and family assets through structures under the MAS fund income exemption schemes (13O and 13U).
E-commerce and trading
International sales, marketplace operations and goods trading through a regional logistics hub.
Why businesses choose Singapore
17% corporate tax
A flat rate on a territorial basis, with reliefs for new companies in their first years.
Tax treaty network
Over 100 double taxation agreements supporting cross-border operations.
ASEAN financial centre
Access to strong banking infrastructure and the capital of South-East Asia.
Fast digital registration
Incorporation online via BizFile+ with 100% foreign ownership.
Registration requirements
Requirements to register a company in Singapore
To register a company in Singapore you will need the participants' documents and a decision on the company structure. Most steps are handled remotely through a licensed agent (CSP) after a preliminary review of the details.
What the client needs to prepare
- Passport of the director and each shareholder
- Proof of residential address
- Description of the planned business activity
- Client geography and expected turnover
- 3 proposed company names
The set of documents may vary depending on the ownership structure, participants' residency and the requirements of the licensed agent.
01
Director
At least one individual director, who must be a Singapore resident. For non-residents, we provide a nominee director service.
02
Shareholders and owners
From one shareholder, individual or corporate, up to 50 participants. Disclosure of beneficial owners and maintenance of the Register of Registrable Controllers (RORC).
03
Company secretary
Required by law and must be a Singapore resident. Appointed within 6 months of the registration date.
04
Registered address
A local registered office in Singapore, a physical address (not a PO box), for official correspondence.
05
Capital and shares
Minimum paid-up capital from SGD 1; the share structure is set at incorporation and can be increased later.
Tax & reporting
Tax and reporting for a Singapore company
Singapore applies a territorial tax system with a flat corporate tax rate. The overall burden depends on the source of income, applicable reliefs and timely filing with ACRA and IRAS.
Corporate tax
17%
flat rate on chargeable profit
Tax system
Territorial
income taxed by Singapore source
Tax return
30 November
Form C-S / C filing deadline with IRAS
Annual Return
7 months
after the financial year-end, with ACRA
How profits tax is determined
Flat 17% rate
A single corporate tax rate for both resident and non-resident companies.
Territorial basis
Income sourced in Singapore, and foreign income when remitted to Singapore, is taxable.
Reliefs for new companies
Partial tax exemption and start-up reliefs in the first years, subject to conditions.
No capital gains tax
Singapore has no capital gains tax, and dividends are not taxed again.
What the company must do each year
Keep accounting records and retain supporting documents
Prepare financial statements under FRS standards
File Estimated Chargeable Income (ECI) within 3 months
File the tax return: Form C-S / C-S (Lite) / C
Hold an annual general meeting (AGM), or dispense with it
File the Annual Return with ACRA within 7 months
Undergo an audit unless the company qualifies for exemption
Audit exemption is available to small companies meeting two of three criteria: annual revenue up to SGD 10 million, assets up to SGD 10 million, up to 50 employees. Tax status and obligations depend on the company's structure and actual activity.
Information current as of July 2026.
Banking solutions
Opening a bank account for a Singapore company
The banking route depends on the company's activity, payment geography and beneficial owner profile. Depending on the goal, we consider local Singapore banks and regulated, MAS-licensed fintech solutions.
Fintech solutions (EMI)
For international operations, a fast launch and working with multiple currencies. Options include Airwallex, Wise and Payoneer.
- Remote application
- Multi-currency details
- Online management
Finextwin support
Compliance preparation
We prepare the company profile before submission to address the bank's or payment provider's KYC requirements in advance.
- Business description
- Payment structure
- Contracts and counterparties
Not sure which banking route fits your project?
We will assess the activity, payment geography and bank requirements before submission.
Finextwin support
What Finextwin support includes
We support the project from the preliminary review through to receiving the corporate documents and completing any agreed additional tasks. We act as a licensed corporate agent under Singapore requirements.
One dedicated manager
across every stage of the project
6+
years in the market
1250+
clients
30+
jurisdictions
01
Preliminary review
We assess the ownership structure, participants, activity and source documents, and check KYC requirements before starting.
02
Preparation and ACRA registration
We agree the name, prepare the registration forms and handle the filing with ACRA through the BizFile+ portal.
03
Director, secretary and address
We provide a resident director and company secretary and arrange the registered office address in line with the chosen package.
04
Handover of documents
We hand over the corporate set and UEN, explain the obligations to ACRA and IRAS, and support any agreed additional areas.
Registration process
How company registration in Singapore works
The process covers a preliminary review, name reservation, filing through the BizFile+ portal and handover of the registered company to the client. Most steps are handled remotely through a licensed agent.
01
Review and name reservation
What happens We check the participants and activity and reserve the company name via BizFile+.
From the client Participants' documents, a description of the activity and name options.
Result Name approved by ACRA.
02
Document preparation
What happens We prepare the company's statutory documents, the Constitution, directors' consents and the forms for filing with ACRA.
From the client Confirmation of details and signing of the required forms.
Result The set is ready to file.
03
Registration with ACRA
What happens We file the application via BizFile+ and pay the government fee; ACRA registers the company.
From the client No further involvement is usually needed unless clarifications are requested.
Result The company is registered and a UEN is assigned.
04
Handover of the set
What happens We assemble the corporate set and explain the obligations to ACRA and IRAS.
From the client Confirmation of receipt of the documents and corporate details.
Result The company and its document set.
The documents you will receive
Certificate of Incorporation The company registration certificate issued by ACRA.
UEN and Business Profile The company's unique entity number and corporate profile from the register.
Company Constitution The company charter adopted and filed at registration.
Corporate set Resolutions, registers and forms based on the chosen package.
The format of the set, and the need for originals, apostille or translation, depend on the client's goals and the chosen package.
Things to consider
Who Singapore may not suit
Singapore does not solve every task. In some cases it is fairer to consider another jurisdiction, and we will help you find the right one.
Core activity in the EU
If your team, clients and operations are mainly in Europe, an EU jurisdiction may be more convenient for tax administration and banking infrastructure.
Worth considering: Cyprus, Lithuania, Portugal
No resident director of your own
Singapore requires at least one resident director. If a nominee director service is undesirable, consider a jurisdiction without this requirement.
Worth considering: Hong Kong, BVI
You need minimal administration
Singapore involves a resident director, secretary, address and filings with ACRA and IRAS. For projects with minimal activity, simpler structures may fit better.
Worth considering: BVI, Seychelles, Belize
Minimal maintenance costs
A nominee director, secretary, address and annual reporting create recurring yearly costs, higher than those of offshore companies.
Worth considering: offshore jurisdictions with a simple maintenance model
Not sure whether Singapore suits your project? In a consultation we will assess the task honestly and suggest the best jurisdiction, even if it is not Singapore.
Alternative jurisdictions
Jurisdictions to compare with Singapore
If Singapore is not a full fit on structure, costs or the resident director requirement, compare the alternatives on the key parameters.
| Jurisdiction | Best for | Tax | Maintenance | Banking |
|---|---|---|---|---|
 Hong Kong | Best for International trade, IT, holdings, working with Asia. | Tax 8.25% / 16.5%, territorial basis. | Maintenance Moderate, annual audit. | Banking Banks and fintech, but strict compliance. |
 China | Best for Manufacturing, domestic market. | Tax Standard rate 25%. | Maintenance High, complex reporting. | Banking Local banks, presence requirements. |
 Indonesia | Best for Local business, growing market. | Tax Standard rate 22%. | Maintenance Moderate, local requirements. | Banking Local banks, presence required. |
 Malaysia | Best for Regional business, trade, services. | Tax Standard rate 24%. | Maintenance Moderate cost. | Banking Regional banks, moderate requirements. |
We will help you compare jurisdictions on tax, banking, annual costs and structure requirements for your specific task.
Results
Real client cases
Every project is unique - we tailor the solution to the specific task, jurisdiction and business model of the client.
Company registration
Singapore A Singapore company for an IT startup raising investment
The founders were preparing a round with Asian funds, but investors had more questions about the company structure than about the product itself. They needed a credible jurisdiction with a transparent register and a clean way to issue shares for the round and an option pool.
Solution We incorporated a Private Limited through ACRA, arranged local director and company secretary services, helped open a multi-currency account and set up the share capital structure ahead of the round.
5 days registration time
1 account opened end-to-end
❝
Investors looked at the structure before anything else, and the Singapore one raised no questions. It was all done remotely, account and cap table included. We had to resend director details twice, which cost us a day.
Company registration
Singapore A Singapore company for e-commerce and trade in ASEAN
The client was selling through marketplaces and buying from suppliers across South East Asia. Payouts came in three currencies, suppliers wanted paying in local ones, and double conversion through intermediaries was quietly eating a noticeable share of the margin.
Solution We incorporated a Private Limited, set up a fintech solution with multi-currency details for marketplace payouts, and arranged direct settlement with regional suppliers without unnecessary conversions.
4 days registration time
3 currencies for receiving payments
❝
The main thing is I stopped losing money on conversion, it used to take a real bite out of every shipment. Incorporation was quick, the payment provider verification was the slow part. The marketplaces now pay straight into the company account.
Company registration
Singapore A Singapore holding company for managing a group
The client held several operating companies in different countries directly, as an individual. That made bank conversations harder and complicated the sale of one of the businesses. He needed a holding jurisdiction with a solid reputation and a wide tax treaty network.
Solution We incorporated a holding Private Limited, transferred the shares in the subsidiaries to the Singapore structure, and arranged ongoing corporate support with a local director and company secretary.
6 days registration time
4 jurisdictions in the group structure
❝
Pulling the group under the holding took longer than the incorporation itself: in one country the share transfer ran to almost two months. But the structure now makes sense to banks and to potential buyers without any explaining.
FAQ
Frequently asked questions
If you can't find the answer to your question, send a request and we will review your situation personally.
Get a consultationWith a complete set of documents and an approved name, registration with ACRA usually takes from 5 working days, and in straightforward cases approval can come sooner. The exact timeline depends on the company structure, the number of participants and the KYC review. Opening a bank account is handled separately and is not included in this timeframe.
No, registration is handled entirely remotely through a licensed corporate agent (CSP). Preparing and signing documents, verifying participants and receiving the completed set are all done remotely. In-person attendance may only be required in certain cases when opening an account with a traditional bank, and we let you know about this in advance.
Yes. By law, a company must have at least one director who is a Singapore resident (a citizen, permanent resident or holder of an eligible pass). If you don't have your own resident director, we provide a nominee director service, while you retain full control of the company as a shareholder.
Yes. Every Singapore company must appoint a resident company secretary within 6 months of the registration date. A sole director cannot also act as the company secretary. We provide a qualified secretary as part of the relevant packages.
A flat corporate tax rate of 17% applies on a territorial basis: income sourced in Singapore, and foreign income when remitted to the country, is taxable. New companies can benefit from partial tax exemption and start-up reliefs in their first years. GST applies once turnover exceeds SGD 1 million. There is no capital gains tax, and dividends are not taxed again.
The minimum paid-up capital is SGD 1. You can start with a nominal amount and increase the capital later as the business grows or to meet a bank's requirements. Foreign ownership of up to 100% is allowed, with no local shareholder required.
No, no provider can guarantee account opening. The final decision always rests with the bank or payment institution after reviewing the company profile and beneficial owners. We support the process: we help select a suitable bank (such as DBS, OCBC, UOB) or an MAS-licensed fintech solution (such as Airwallex, Wise, Payoneer) and prepare the company for compliance review, which improves the chances of a successful opening.
A company files its Estimated Chargeable Income (ECI) within 3 months of the financial year-end, its tax return (Form C-S / C) by 30 November, and its Annual Return with ACRA within 7 months of the financial year-end. An audit is required unless the company qualifies for the small company exemption (two of three criteria: revenue up to SGD 10 million, assets up to SGD 10 million, up to 50 employees).
We'll assess your task and suggest a solution
We work with clients from any country
The consultation is free
The consultation is free
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