Singapore Company Registration
Expand Your Business to Singapore from India
Register your company in Singapore with Tax Pal Solutions and benefit from a seamless incorporation process, expert guidance, and full compliance support. Establish your business presence in one of the world’s most business-friendly environments.
Why Choose Singapore for Your Business?
Singapore is a strategic location for Indian businesses aiming for global expansion. Key advantages include:
- Strong financial hub with access to global and ASEAN markets
- Transparent and efficient regulatory framework
- Competitive corporate tax rate of 17% with exemptions for startups
- Political stability and robust legal system
- Highly skilled, multilingual workforce
Types of Business Structures in Singapore
| Business Structure | Key Features | Ideal For |
|---|---|---|
| Private Limited Company (Pte. Ltd.) | Separate legal entity, limited liability, minimum 1 shareholder, corporate tax 17% | Startups, SMEs, scalable businesses |
| Subsidiary Company | Separate legal entity, eligible for local tax incentives, independent operations | Foreign companies seeking long-term presence |
| Branch Office | Not a separate entity, parent company fully liable | Short-term operations or market testing |
| Sole Proprietorship & LLP | Simple ownership (sole), or flexible partnership with limited liability (LLP) | Professional services like consulting, legal, or accounting |
Eligibility Requirements
- Minimum age: 18 years
- At least one resident director (Singapore Citizen, PR, or EntrePass holder)
- Minimum paid-up share capital: SGD 1
- At least one shareholder (100% foreign ownership allowed)
- Mandatory company secretary within 6 months
- Physical registered office address in Singapore
- No disqualifications for directorship (e.g., bankruptcy, fraud)
Documents Required
For Directors & Shareholders:
- Passport and PAN card
- Proof of address (utility bill, bank statement)
- Passport-sized photographs
- Consent to act as director
Corporate Documents (if Indian parent company involved):
- Certificate of Incorporation of parent company
- Memorandum & Articles of Association (MoA & AoA)
- Board Resolutions authorizing Singapore entity formation
ACRA Application Details:
- Company name and type
- Registered local office address
- Details of directors, shareholders, and company secretary
- Business activity description (SSIC code)
- Share capital details
Steps to Register a Company in Singapore
- Appoint a Local Nominee Director – Required for foreign owners.
- Select and Reserve a Company Name – Must be unique and compliant with ACRA.
- Engage a Registered Filing Agent or Corporate Secretary – To manage the process.
- Prepare Incorporation Documents – Include approval, director/shareholder details, registered address, MoA/AoA, SSIC code, share capital.
- File with ACRA – Submitted online via BizFile+ portal.
- Receive UEN and BizFile+ Certificate – Confirms company registration and enables banking & compliance operations.
Cost Overview
| Category | Item | Estimated Cost (SGD) | Frequency | Notes |
|---|---|---|---|---|
| Government Fees | Name Application | $15 | One-time | Payable to ACRA |
| Incorporation Fee | $300 | One-time | Payable to ACRA | |
| Professional Fees | Company Incorporation Service | $100 – $2,000+ | One-time | Varies by provider and services included |
| Corporate Secretary | $300 – $1,800/year | Annually | Mandatory within 6 months of incorporation | |
| Nominee Director & Address | Nominee Director Service | $1,500 – $5,000/year | Annually | Required if no local director |
| Registered Address | $100 – $500/year | Annually | Physical office required | |
| Annual Compliance | ACRA Annual Filing Fee | $60 | Annually | Mandatory annual return |
| Corporate Tax Filing | $500 – $5,000+ | Annually | Depends on company size | |
| GST Compliance | $1,000 – $2,000/year | Quarterly | If turnover > S$1M | |
| Audit Fees | $3,000 – $20,000+ | Annually | If exceeding "small company" threshold |
Corporate Bank Account in Singapore
Process:
- Choose a bank (local or international)
- Submit incorporation documents, director/shareholder info, proof of address
- In-person verification may be required
- Submit minimum deposit (typically SGD 1,000+)
- Account approval and activation
Popular Banks: DBS, OCBC, UOB, Standard Chartered, HSBC
Post-Registration Compliance
- Corporate Tax: Flat 17%, territorial system, start-up exemptions available
- GST: Mandatory registration if turnover > S$1M, 9% rate
- Annual Filing: AR with ACRA, Corporate Tax Return with IRAS
- AGM: First AGM within 18 months, subsequent every 12 months (exemptions possible for private companies)
Visa Options for Indian Entrepreneurs
- EntrePass – For innovative business founders. Initial 1-year, renewable, exempt from quota and levy.
- Employment Pass (EP) – For directors/employees with minimum salary S$5,600/month. Employer applies via MOM portal.
Singapore Company Registration Certificate
- BizFile+ is the official digital certificate issued by ACRA
- Download via BizFile+ portal using Singpass/CorpPass
- Contains UEN, company name, registration date, directors, shareholders, registered office, and business activity
Check Company Registration Status
- Visit ACRA BizFile+ portal
- Search by UEN or company name
- Status indicators: Live, Registered, In Liquidation, Struck Off, Dissolved, Defunct
Certification
