We are experts in the opening of Singapore companies with foreign shareholding structures. For more information on the procedures, please see below.
| Quick Facts | |
|---|---|
| What are the types of companies available for registration in Singapore? | – sole proprietorship, – general partnership, – limited partnership, – private limited liability company, – public limited liability company |
What are the company formation steps in Singapore? | – trading name reservation, – documents drafting, – documents filing with ACRA, – bank account opening, – tax and GST registration |
Documents | – registration form, – ID/passport for shareholder, – ID/passport for director, – proof of registered address, – Know Your Client form, – Personal Data Protection consent form |
| Company registration fee | EUR 650 (our fee) |
| Virtual office fee | EUR 180 per year |
| Nominee service fee | Starting at EUR 2,500 per year ( a EUR 2,500 deposit is also required) |
| How long does it take to register a company in Singapore? | Approx. 7 working days for the standard procedure |
| Online registration availability (YES/NO) | Yes, through our dedicated services |
| Minimum number of shareholders | 1 |
| Minimum number of directors | 1 |
| Resident director required | No |
| Company secretary required | Yes |
| Minimum share capital for LTD | USD 1 |
| Full foreign availability (YES/NO) | Yes |
| Shelf company availability (YES/NO) | Yes |
We also invite you to watch our video below about the process of setting up a company in Singapore in 2026:
Is full foreign company ownership available in Singapore?
Yes, foreign investors can be the sole shareholders in Singapore companies.
Is remote company formation available in Singapore?
Yes, it is.
What is the minimum share capital in Singapore?
The minimum share capital required to open a Singapore company is 1 SGD. However, the shareholder can deposit the amount they consider necessary for achieving their goals. The amount must also be declared in the company’s Articles of Association.
What types of entities can I register in Singapore?
These are:
- the sole proprietorship, which implies very few requirements and is very easy to create; our Singapore company formation agents can help you register as a sole trader;
- the partnership, which can be general and limited and is not considered a legal entity separated by the owner;
- the private and public limited liability company, which is the most employed type of company in Singapore; for assistance in setting up a private limited company in Singapore, please get in touch with our experts;
- the subsidiary, the branch office, and the representative office are suitable types of business forms for foreign companies in Singapore.
What are the steps to open a company in Singapore as a foreigner?
The following:
- trading name reservation;
- translating and notarizing the future business’s incorporation documents and the owners’ identification papers;
- obtaining the company’s seal, which is one of the first steps and a mandatory requirement in Singapore;
- documents filing with the Accounting and Corporate Regulatory Authority (ACRA) and obtaining the company’s business profile;
- tax and GST registration;
- licensing.
IMPORTANT! Foreign citizens who want to come to Singapore to incorporate their companies must also verify the visa requirements applicable based on their countries of origin. An alternative is to use our company formation services, which enable remote business incorporation in Singapore.
We also invite you to read about how to open a Singapore company in the scheme below:
What are the documents required to register a company in Singapore?
The following:
- the standard registration form;
- shareholder’s ID or passport (depending on one’s nationality);
- proof of residential address for the company director as well as ID or passport, depending on their nationality;
- proof of the company’s registered address (a virtual office can also be used for this purpose).
Should you decide to grant our agents a power of attorney, we will also send you the following forms to fill out:
- a Know Your Client form;
- Personal Data Protection Act (PDPA) consent forms (one for the director and one for the shareholder).
IMPORTANT! Foreign documents must first be translated into English and certified by a Singapore public notary. We can handle this aspect on behalf of clients.
Is it mandatory to appoint a resident director when forming a company in Singapore?
Yes, the following aspects must be considered:
- at least one director is required for opening a company in the city-state;
- at least one of the directors must be a Singapore resident (nominee directors are also permitted);
- the director must be a natural person and must be at least 18 years old.
Are there any company post-registration steps to consider?
Yes, the following:
- opening a corporate bank account,
- registration for the Central Provident Fund (CPF),
- registration for the Skills Development Levy (SDL).
How long does it take to set up a company in Singapore?
The regular registration timeframe is 7 working days. If ACRA approval is also required, the procedure can take up to 2 months. Our local specialists will explain what the approval procedure consists of.
What are your incorporation fees?
We charge as follows:
- the company incorporation fees start at EUR 650 (ACRA registration and company secretary fees included;
- the registration office fee starts at EUR 180 per year;
- we also offer nominee director services that start at EUR 2,500 per year + EUR 2,500 deposit.
OpenCompanySingapore.com is a member of various organizations
OpenCompanySingapore.com has been a member of BridgeWest for over 5 years, as well as a member of some of the most prestigious organizations in the world and in the region, such as: Institute of Singapore Chartered Accountants, Affilica International, Hong Kong Chamber of Commerce, AustCham Thailand, CanCham Thailand, Thai-Swedish Chamber of Commerce.
Please feel free to contact our company incorporation specialists for more details on how to open a company in Singapore and a personalized quotation.