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Foreign Company Incorporation
Singapore is a small nation in Asia with a state-of-the-art infrastructure, free market economy, a stable socio-political environment and an attractive tax regime for setting up a company. To operate a Business in Singapore, you must first formally register with the Accounting and Corporate Regulatory Authority (ACRA). At OfficeM, we provide you with affordable and quality Corporate Services with preferential rates and access to an experienced team of 10 who will make sure that all your records and obligations are in good order.
You may register a Private Limited Company, Sole Proprietorship or Limited Liability Partnership in Singapore. In general, most entrepreneurs register a Private Limited company due to its scalability, limited liability protection and corporate tax benefits for the first 3 years of assessment. Do feel free to contact our Service Consultants on matters relating to incorporating a business in Singapore.
The minimum requirement to incorporate a company in Singapore
At least 1 shareholder (100% Foreign shareholding is permitted and the shareholder can be either an individual or a corporate entity)
At least one local resident director (This can be a Singapore Citizen or Singapore Permanent Resident)
At least 1 local resident company secretary
Minimum initial paid-up share capital of S$1.00
A local registered address
Service Packages
Biz Plus 1
Starting From
S$2,600.00
- ACRA Government Fee S$315
- Company Name Application
- Company Business Profile
- Company Constitution
- 1 Year of Company Secretarial Services
- 1 Year of Nominee Director Service
- 1 Year Company Registered Address
- Email Notifications of Government Filing Deadlines
- Preparation of Minutes for Annual General Meeting
- Refundable Security Deposit S$2,000 Applies
- Free 2 Hours Use of Meeting Room
- Rare Golden Unit Number #33-03 for your Business Address
Biz Plus 2 (Employment Pass)
Starting From
S$3,800.00
- ACRA Government Fee S$315
- Company Name Application
- Company Business Profile
- Company Constitution
- 1 Year of Company Secretarial Services
- 1 Year of Nominee Director Service
- 1 Year Company Registered Address
- Email Notifications of Government Filing Deadlines
- Preparation of Minutes for Annual General Meeting
- Refundable Security Deposit S$2,000 Applies
- Free 2 Hours Use of Meeting Room
- Rare Golden Unit Number #33-03 for your Business Address
- Employment Pass Application (Up to 2 Attempts)
Biz Plus 3 (Government Filing)
Starting From
S$4,600.00
- ACRA Government Fee S$315
- Company Name Application
- Company Business Profile
- Company Constitution
- 1 Year of Company Secretarial Services
- 1 Year of Nominee Director Service
- 1 Year Company Registered Address
- Email Notifications of Government Filing Deadlines
- Preparation of Minutes for Annual General Meeting
- Refundable Security Deposit S$2,000 Applies
- Free 2 Hours Use of Meeting Room
- Rare Golden Unit Number #33-03 for your Business Address
- Annual Accounting Services Up to 360 Transactions Per Year Additional 50 transactions at S$120
- Compilation of Unaudited Financial Statements
- Annual Tax Filing (Form C/C-S)
- Optional: S$1200 for Employment Pass Application (Up to Two Attempts)
These packages are for foreign entrepreneurs without a local resident director and require Nominee Director Service. You do not need to pay for the annual Nominee Director Service once you have obtained an Employment Pass or when you appoint your own local resident director.
Foreign Entrepreneur who wish to work and live in Singapore can apply for an Employment Pass from the Ministry of Manpower after a few months upon incorporating your company. Application is opened to all nationalities who meet the following requirements:
- Work in a managerial, executive or specialised position
- Have a professional qualification, specialised skill or a good university degree
- Monthly salary of at least S$5,000
- Application is subjected to approval. Those who are successful in their application can also apply for Dependant
- Pass for their family to live in Singapore. We can assist you in applying for the Pass with the BizPlus 2 Package.
Beyond Foreign Company Incorporation
While many entrepreneurs come to us for guidance on setting up a company as a foreigner, our expertise extends far beyond that. At Office M, we provide a full suite of company incorporation services to support both local and international businesses.