Company Incorporation Guide

Step-by-Step Guide to Incorporating Your Company in Singapore

Setting up a business in Singapore is one of the most strategic moves for entrepreneurs in Asia. With a stable economy, attractive tax regime, and strong regulatory framework, Singapore provides a world-class environment for both local and foreign business owners.

1. Choosing Your Business Structure

Selecting the right business entity is the first step toward incorporation. The most common and preferred option is a Private Limited Company (Pte. Ltd.), which offers limited liability, tax incentives, and a professional image.

Other options include Sole Proprietorship, Partnership, and Limited Liability Partnership (LLP). Our consultants will help you choose the best structure based on your business goals, ownership, and risk level.

2. Name Reservation

Your company name must be approved by the Accounting and Corporate Regulatory Authority (ACRA) before registration. It should:

Be unique and not identical to existing business names
Not infringe on trademarks or contain prohibited words

Once approved, your chosen name will be reserved for 120 days.

3. Required Documents

To incorporate, you’ll need:

Company name approval from ACRA

Details of shareholders, directors, and company secretary

Registered office address in Singapore

Paid-up capital of at least S$1

Company constitution (previously known as M&AA)

4. Timeline and Costs

With Halynce, your company can be incorporated within one to three working days upon document completion.

Our incorporation packages are transparent, inclusive of government fees, and tailored for both locals and foreigners.

Why Choose Halynce for Incorporation?

✓Fast turnaround: 1-3 business days

✓Transparent pricing with no hidden fees

✓Expert guidance on business structure selection

✓Support for both local and foreign entrepreneurs

✓Full compliance with ACRA regulations

Key Benefits of a Singapore Private Limited Company

Limited Liability: Shareholders’ personal assets are protected

Tax Advantages: 17% corporate tax rate with exemptions for new startups

Credibility: Enhanced professional image for clients and investors

Ease of Funding: Better access to loans and venture capital

Perpetual Succession: Company continues regardless of ownership changes

Post-Incorporation Requirements

After incorporation, you’ll need to:

Open a corporate bank account

Set up accounting and bookkeeping systems

Obtain necessary business licenses

Comply with ongoing statutory requirements

Our team can assist with all post-incorporation needs to ensure your business operates smoothly from day one.

Foreign Entrepreneurs: What You Need to Know

Foreign nationals can incorporate a Singapore company but must meet these requirements:

At least one local resident director (Singapore Citizen, PR, or EntrePass holder)
A local registered office address
A qualified company secretary appointed within 6 months

If you don’t have a local director, Halynce can provide nominee director services to help you meet this requirement.

Common Questions

How much does it cost to incorporate in Singapore?

Government fees start from S$315, with additional costs for professional services. Our packages include all necessary fees with transparent pricing.

Can I be the sole director and shareholder?

Yes, as long as you're a Singapore resident. Foreign nationals will need at least one local resident director.

Do I need a physical office?

You need a registered office address in Singapore, but it doesn't have to be a physical office space. We can provide registered address services.

Ready to Get Started?

Our expert team is here to help you navigate every step of your business journey.

Your trusted partner for Singapore business incorporation and corporate services.

UEN: 202521892M

ACRA Registered Agent

FA20250264

60 Paya Lebar Road

#06-28 Paya Lebar Square

Singapore 409051

Stay Updated

Get the latest updates on Singapore business regulations and tax changes.

Information on this website is general guidance. Government fees are billed separately.