Incorporation for Locals
Incorporation and Secretarial from SGD 750
You must meet the following requirements before applying to the ACRA to start the process of forming a Singapore private limited company:
- At least one shareholder: The shareholder can be an individual or another company. 50 shareholders are the maximum allowed for a Singapore private limited corporation.
- One resident(local) director: Singapore Citizen/ Permanent Resident (PR)
- Minimum paid-up capital of SGD1: One Singapore dollar is all you need to start a business in Singapore
- Minimum of one company secretary: One Singaporean resident as company secretary to compliance with regulatory requirements and tax filings.
- Local registered address: A physical Singapore address (no P.O. Box) is required
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Incorporation for Foreigners
Incorporation, Secretarial and Nominee director from SGD 5,000
You must meet the following requirements before applying to the ACRA to start the process of forming a Singapore private limited company:
- At least one shareholder: The shareholder can be an individual or another company. 50 shareholders are the maximum allowed for a Singapore private limited corporation.
- One nominee director: Singapore Citizen/ Permanent Resident (PR) appointed by CSP
- Minimum paid-up capital of SGD1: One Singapore dollar is all you need to start a business in Singapore
- Minimum of one company secretary: One Singaporean resident as company secretary to compliance with regulatory requirements and tax filings.
- Local registered address: A physical Singapore address (no P.O. Box) is required
The price is fully inclusive covering all registration preparation, ACRA filing, and the government fee with no hidden charges.
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Corporate Secretarial
Appointing Company Secretary (ACRA compliance requirements)
Companies must appoint a company secretary within six months from the date of incorporation. This position cannot be left vacant for more than six months, or the directors may face a penalty of up to SGD1,000.
A company secretary is responsible for the administration of the company. They are also required to ensure that all directors and shareholders are informed of their statutory obligations, such as the filing of annual returns.
The responsibilities of a secretary can vary depending on a company's needs. Below are some examples:
- Maintain and update the company’s registers and minutes books.
- Administer, attend and prepare minutes of meetings of directors and shareholders.
- Keep company directors aware of the deadlines for annual returns and any other filings required by ACRA.
- Update directors and shareholders on relevant changes in corporate regulations.
Suite of Small Business Support & Administrative Services - but you don’t have to do it all alone. Our suite of small business support services is designed to help you streamline operations, stay organized, and focus on what matters most: growing your business.
Our Suite of Services
Employment Pass
To legally work in Singapore, all foreign citizens must obtain a work visa first. Thus, after registering a Singapore company, all potential employers must apply for relevant types of work visas for all their foreign employees. Such as EP, S Pass, Work Permit and Dependent Pass.
Business license
In Singapore, not all businesses require a specific license to operate beyond mandatory business registration with the Accounting and Corporate Regulatory Authority (ACRA). However, many businesses in regulated industries must obtain specific licenses and permits from relevant government agencies before they can legally begin operations.
Businesses and Activities Requiring Licenses
Licenses are generally required for industries with specific regulatory standards, often related to public safety, health, and welfare. Common examples include:
- Food & Beverage (F&B): Restaurants, cafes, hawker stalls, and catering require a Food Shop License from the Singapore Food Agency (SFA), and a Liquor License if serving alcohol.
- Healthcare & Wellness: Clinics, pharmacies (Health Sciences Authority - HSA), and massage parlors/spas (Singapore Police Force - SPF) need specific licenses.
- Education: Private schools, tuition centers, and childcare centers are regulated by the Ministry of Education (MOE) or the Committee for Private Education (CPE).
- Real Estate and Employment: Real estate agencies need a license from the Council for Estate Agencies (CEA), and employment/recruitment agencies from the Ministry of Manpower (MOM).
- Financial Services: Businesses in money changing, fund management, or insurance are licensed by the Monetary Authority of Singapore (MAS).
- Travel and Tourism: Travel agencies require a license from the Singapore Tourism Board (STB).
- Import/Export: Businesses trading in controlled goods (e.g., pharmaceuticals, high-technology items) need permits from Singapore Customs and other authorities.
- Construction: Requires permits and registrations from authorities like the Building and Construction Authority (BCA).
Step-by-step Business Licenses Singapore Application – Futre Help You
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Halal consultancy & Advisory
Our Halal consulting services include:
• Free assessment of Halal QMS
• Provide step-one-step guidance to develop and establish Halal QMS
• Registration of Halal course
• Submission of Halal Application
• Conduct Internal Audit for Halal QMS by certified Halal auditor
• Assist on on-site inspection from govern agency.
Remote retail management
Today, going remote is the new way to manage a retail business. How to manage them remotely?
Offer services including property management and supply chain, or specialized, such as omnichannel retail solutions and staff training. In addition, technology providers offer software solutions for areas like point-of-sale (POS), inventory, and CRM management.
Administrative Support
We also assist clients to do business in Singapore, such as
- In-house training on cloudy-accounting system
- Setting up SOP and internal audit
- SME Business working capital Loan
- Trademark registration
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Pricing plans
Flexible options for your business
Basic Price Plan
$500/year
Non-active or Less 50 transactions for fixed accounting
Effortless Yearly Accounting: 1- 3 pages of bank statement or Revenue below S$100k
Annual Financial Statements
Annual Return Tax
Xero Subscription Support
Standard Price Plan
$250/month
Limited Bookkeeping
Set up chart of accounts
Payroll and CPF data entry
No GST submission
Only Singapore Currency
No Annual Return Filing
Premium Price Plan
$1,000/month
Limited Bookkeeping
Set up chart of accounts
Payroll and CPF software
GST submission
Singapore, USD, GBP Currency
Compliance Report including XBRL filing
Annual Tax Filing
Bespoke Price Plan
$2,500/month or Get Quoted
Limited Bookkeeping
Set up chart of accounts
Payroll and CPF software
GST submission
Singapore, USD, GBP Currency
Compliance Report including XBRL filing
Annual Tax Filing
Consolidatedaccounts
Frequently Asked Questions
Everything You Need to Know About Our Services
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