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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
02
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.

03
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.

Futre helps entrepreneurs, startups, and foreign investors register a company in Singapore quickly, correctly, and in full compliance with ACRA requirements. Whether you are a Singapore Citizen, Permanent Resident, or a foreign national looking to incorporate a company in Singapore for the first time, our team manages the entire process on your behalf — from company name reservation and ACRA filing through to post-incorporation compliance.

Setting up a private limited company in Singapore is one of the most popular choices for business owners due to its separate legal entity status, limited liability protection, and eligibility for Start-Up Tax Exemption (SUTE). With a minimum paid-up capital of just S$1 and a registration process that typically takes one to two working days, Singapore company formation is fast and straightforward when handled by an ACRA-registered filing agent.

Our team also provides ongoing support after incorporation, including corporate secretarial services, accounting and bookkeeping, and tax advisory services — giving you a single partner for all your compliance and back-office needs from day one.

Why Register a Company in Singapore

Singapore is a top destination for company registration, offering a pro-business environment, a flat 17% corporate tax rate, tax exemptions for new companies, and a strategic position as a gateway to Asian markets.

Choosing a private limited company structure in Singapore gives you significant advantages. You create a separate legal entity, limit shareholders' liability, ensure perpetual succession, and attract investors more easily.

This structure also enhances your credibility with banks, partners, and potential clients, making it a preferred choice for SMEs and multinational subsidiaries.

By understanding these benefits, you can see why so many entrepreneurs and businesses register companies in Singapore with the help of professional advisors. 

The next section explains ACRA’s incorporation requirements and guides you step by step to establish your company successfully.

How to Register a Company in Singapore

Step 1 — Choose Your Company Name

Select a unique company name that must be approved by ACRA via the Bizfile portal. Reserve the name before submitting your incorporation application. The name reservation fee is S$15.

Step 2 — Prepare Incorporation Documents

Prepare all necessary incorporation documents, including particulars of directors, shareholders, and the company secretary, the registered office address, the company constitution, and share capital details. Accurate documentation ensures a smooth registration process.

Step 3 — Submit Your Application to ACRA

Submit your incorporation application through ACRA’s Bizfile portal. Foreigners without a SingPass must engage a corporate service provider, such as Futre, to file on their behalf. The standard ACRA registration fee is S$300.

Step 4 — Receive Your Certificate of Incorporation

Most applications are approved within one to two working days. Upon approval, your company will receive a Unique Entity Number (UEN) and the Certificate of Incorporation, confirming that you have successfully incorporated a company in Singapore.

Step 5 — Post-Incorporation Compliance

After incorporation, companies must appoint a company secretary within six months, open a corporate bank account, and meet ongoing ACRA and IRAS compliance obligations. Futre also provides corporate secretarial services to support these requirements.

Company Incorporation Fees in Singapore

The total cost to register a company in Singapore includes the ACRA government fee of S$315, comprising S$15 for name reservation and S$300 for registration, along with the professional fee of a corporate service provider for handling the incorporation process. 

Future’s incorporation packages start from SGD 750 for local entrepreneurs and SGD 5,000 for foreigners, both inclusive of all government fees, secretarial support, and no hidden charges.

For a detailed breakdown or a customised quote, contact our team today to discuss your company formation requirements and incorporate a company in Singapore efficiently and confidently.

Pricing plans

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From
$500/year
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Effortless Yearly Accounting: 1- 3 pages of bank statement or Revenue below S$100k

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Annual Financial Statements

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$250/month
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Limited Bookkeeping

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Set up chart of accounts

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Payroll and CPF data entry

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No GST submission

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Only Singapore Currency

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No Annual Return Filing

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$1,000/month
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Limited Bookkeeping

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Set up chart of accounts

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Payroll and CPF software

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Compliance Report including XBRL filing

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Annual Tax Filing

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$2,500/month or Get Quoted
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Limited Bookkeeping

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Set up chart of accounts

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Payroll and CPF software

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GST submission

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Singapore, USD, GBP Currency

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Compliance Report including XBRL filing

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Annual Tax Filing

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Frequently Asked Questions

Everything You Need to Know About Our Services

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Do I have to relocate to Singapore during the company registration process?
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How long will it take to incorporate a company in Singapore?
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How much does it cost to incorporate a company in Singapore?
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How long does it take to register a company in Singapore?
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