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Company Incorporation in Singapore

SHORTS Business Services offers incorporation services in Singapore to both the local and foreign business owners.

Shorts Business Services offers incorporation service Singapore to both the local and foreign business owners.

Looking for Reliable Incorporation Services Company in Singapore?

Shorts Business Service’s company incorporation services in Singapore provide expert company incorporation advice at every stage. From selecting an optimal business structure and legal documentation management through compliance auditing and registration – let us assist you in forming your new venture efficiently in one of the world’s premier business hubs!

Overview

What are Company Incorporation services in Singapore?

Company secretary services encompass a range of crucial responsibilities aimed at streamlining administrative tasks, ensuring meticulous compliance with regulations, and fostering the seamless operation of a business. This multifaceted role involves overseeing various aspects, including registration processes, meticulous document preparation, and unwavering adherence to legal requirements
At the forefront of providing comprehensive company secretary services in Singapore is Shorts Business Services. With a commitment to excellence, Shorts Business Services takes on the intricate tasks associated with company secretarial duties, offering tailored solutions to meet the unique needs of businesses.

Company incorporation in Singapore refers to the legal process of creating a new company within the country, generally registered with Accounting and Corporate Regulatory Authority (ACRA) which is Singapore’s national regulator of businesses entities and public accountants.

How long does ACRA a take to Approve Company?

The (ACRA) Accounting and Corporate Regulatory Authority takes around 1-3 days to register the company. However the approval process could take around 14 – 60 days as it is being referred to the Ministry.

Things to Know Before you Incorporate a Company

Before incorporating a company in Singapore its important to understand several key factors to ensure a smooth and successful business incorporation in Singapore:

Business Structure:

  • Private Limited Company:

    This business structure is the most common and a preferred structure due to its separate legal entity status, limited liability and a huge potential for growth

  • Sole Proprietorships:

    Ideal for small businesses and individuals, however lacking legal protection.

  • Partnerships:

    Partnerships encompass general partnerships, limited partnerships and limited liability partnerships; each type offers different degrees of liability and legal status.

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

Legal Requirements:

  • Company Name:

    To comply with ACRA approval and remain legally compliant.

  • Directors:

    At least one director must reside in Singapore; at least one shareholder, either individual or incorporated entity (full foreign ownership is permissible) must also reside there.

  • Company Secretary:

    When incorporating, companies are required to appoint appropriately qualified company secretary within six months.

  • Registered Address:

    You must register using an address located within Singapore that cannot be a P.O. Box address.

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

Minimum Paid-up Capital:

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.
  • A minimum paid-up capital requirement for incorporation is SGD 1. However, this figure can be increased post incorporation as necessary.

Documents:

To Submit For Each Director and Shareholder and The Company Secretary.

  • Constitution of Your Company:

    Your company's Constitution will establish internal rules and regulations.

  • Consent Forms:

    Signed consent forms to serve as director and company secretary are needed before acting as such.

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

Taxation:

  • Flat Corporate Tax Rate:

    Singapore has adopted a flat corporate tax rate of 17% as the basis of its corporate income tax law system.

  • Tax Incentives:

    Startups may qualify for tax exemptions and incentives in their early years, especially those working within specific sectors or markets.

  • GST Registration:

    An GST registration may be mandatory if your annual turnover surpasses SGD1 Million.

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

Compliance and Reporting:

  • Annual Returns:

    These must be filed with ACRA each year.

  • Financial Statements:

    Companies are expected to keep proper accounting records as required under ACRA requirements as well as provide audited statements (unless exempt).

  • Annual General Meeting (AGM):

    Annual General Meetings are required within six months from the financial year-end date.

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

Employment Regulations:

  • Work Visas:

    Foreign employees must acquire appropriate work visas such as an Employment Pass or S Pass before starting to work abroad.

  • Central Provident Fund (CPF):

    Employers are required to contribute towards the Central Provident Fund for employees located within their boundaries.

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

Bank Account:

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.
  • A corporate bank account in Singapore is essential to conducting successful business operations and transactions.

Professional Services:

  • Consultancy:

    Engaging professional services (such as attorneys, accountants and corporate secretaries ) can assist with navigating the incorporation process more smoothly while meeting local regulations.

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

Business Plan:

  • Market Research:

    Evaluating Singapore's marketplace, competitors and customer base in order to develop your plan effectively.

  • Business Strategy:

    Define and document clear goals and growth plans.

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

Business Plan:

  • Market Research:

    Evaluating Singapore's marketplace, competitors and customer base in order to develop your plan effectively.

  • Business Strategy:

    Define and document clear goals and growth plans.

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

Business Plan:

  • Market Research:

    Evaluating Singapore's marketplace, competitors and customer base in order to develop your plan effectively.

  • Business Strategy:

    Define and document clear goals and growth plans.

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

Company Incorporation in Singapore for Foreign Individuals

SHORTS provides foreign individuals looking to establish companies in Singapore with a smooth incorporation experience without physically being present in Singapore. Our services span everything from remote management setups and relocation assistance through employment permits or the Entrepreneur Pass scheme (EntrePass). Our expertise ensures foreign entrepreneurs can effectively start and oversee their ventures in one of Asia's dynamic business hubs.

Why Choose Shorts for Company Registration Services in Singapore?

SHORTS Business Services also provides company registration services exclusively for Singapore citizens. We at SHORTS ensure a streamlined registration process by offering expert guidance and support from start to finish. Whether it is your inaugural venture or expanding operations - our dedicated team will assist you with legal requirements such as accounting or company secretarial needs to make this journey effortless and stress-free!

Company Registration Services for Singapore Citizens

We at SHORTS make company registration services in Singapore quick and efficient, with seamless service from start to finish. As a comprehensive corporate service provider, we provide accounting, taxation, corporate secretarial, and company formation solutions tailored to suit the needs of SMEs and individuals.

What you get

What is included in Company Incorporation services in Singapore

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

What you get

What is included in Company Incorporation services

Incorporation

“Incorporation” + 1 year of Corporate Secretary services.

Benefits

The benefits included in business incorporation in Singapore

Incorporation

Service Includes government fee for name application, company name reservation, fee for company registration, issuance of constitution and share certificate etc.

Incorporation of the company and business

Service Includes government fee for name application, company name reservation, fee for company registration, issuance of constitution and share certificate etc.

Setting up company business profile

Service Includes government fee for name application, company name reservation, fee for company registration, issuance of constitution and share certificate etc.

Incorporation

Service Includes government fee for name application, company name reservation, fee for company registration, issuance of constitution and share certificate etc.

Incorporation of the company and business

Service Includes government fee for name application, company name reservation, fee for company registration, issuance of constitution and share certificate etc.

Setting up company business profile

Service Includes government fee for name application, company name reservation, fee for company registration, issuance of constitution and share certificate etc.

Share certificates

Service Includes government fee for name application, company name reservation, fee for company registration, issuance of constitution and share certificate etc.

Company seal and stamp

Service Includes government fee for name application, company name reservation, fee for company registration, issuance of constitution and share certificate etc.

Share certificates

Service Includes government fee for name application, company name reservation, fee for company registration, issuance of constitution and share certificate etc.

Company seal and stamp

Service Includes government fee for name application, company name reservation, fee for company registration, issuance of constitution and share certificate etc.

Choose SHORTS Business Services for excellent company registration services in Singapore.

Partner with us

Ready to Start Your Business in Singapore?

  • Expert Guidance
  • Fast Turnaround
  • Hassle-Free Process
  • Legal Compliance

Partner with us

Ready to Start Your Business in Singapore?

  • Expert Guidance
  • Fast Turnaround
  • Hassle-Free Process
  • Legal Compliance

Faq's

How do I incorporate my business in Singapore?
  • Choose a business structure
  • Get your company name approved by ACRA.
  • Prepare necessary documents, including identification and address proof for directors, shareholders, and the company secretary.
  • Appoint at least one resident director.
  • File the incorporation application with ACRA along with the company’s constitution.
  • Upon approval, ACRA will issue a Certificate of Incorporation.
  •  
How do I check if a company is incorporated in Singapore?
  • You can check if a company is incorporated in Singapore by searching the ACRA’s online directory using the company’s name or Unique Entity Number (UEN) on the ACRA website or the BizFile+ portal.
  •  
What are the tax advantages of incorporating in Singapore?
  • A flat corporate tax rate of 17%
  • Tax exemptions for startups on the first SGD 100,000 of normal chargeable income for the first three consecutive years.
  • Various tax incentives and rebates
How long does the process of incorporation take?
  • Incorporation in Singapore typically takes 1-3 days if all the documentation is in order and there are no delays in the name approval process.
What criteria should be met to incorporate a company in Singapore?
  • To incorporate a company in Singapore, you need:
  • Approved company name.
  • At least one resident director.
  • A minimum of one shareholder.
  • A company secretary.
  • Registered local address.
  • Minimum paid-up capital of SGD 1.
  • Signed consent from directors and the company secretary.
  • The company’s constitution.
  •  
What are the requirements to register or incorporate a company in Singapore?
  • At least one resident director.
  • At least one shareholder.
  • Appointment of a qualified company secretary is required within six months of incorporation.
  • A local registered address.
  • Minimum paid-up capital of SGD 1.
  • Prepare the company’s constitution.
  • Approved company name by ACRA.
Why should you choose Shorts PTE. LTD as your preferred incorporation service provider?
  • Choose Shorts PTE. LTD for:
  • Expert guidance through every step for the incorporation process.
  • Comprehensive services, including documentation, compliance, and legal support.
  • Customized solutions to meet your specific business requirements.
  • Experienced professionals with deep knowledge of Singapore’s regulatory environment.
  • A commitment to making the incorporation process seamless and hassle-free.
  •  
Who can incorporate a company in Singapore?
  • Any individual or corporate entity can incorporate a company in Singapore, provided they meet the requirements, including having at least one resident director.
  •  
What is the cost of incorporating a company in Singapore?
  • ACRA’s name application fee: SGD 15.
  • ACRA’s registration fee: SGD 300. Additional costs may include professional fees for service providers assisting with the incorporation process.
  •  
Can a non-citizen incorporate a company in Singapore?
  • Yes, a non-citizen can incorporate a company in Singapore. However, they need to appoint at least one resident director (a Singapore citizen, permanent resident, or someone with a valid EntrePass, Employment Pass, or Dependent Pass).
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