Get Your Singapore Company
Up & Running Fast

2 days Singapore business registration & annual upkeep

Singapore bank account / FinTech arrangement

Responsive 24-hour support by our local representatives

Why Singapore Incorporation ? PRICE MUST KNOW STEPS BANK TEST FAQ WHY ASIABC BLOGS

Basic ~~US$2,299~~ US$ 1,999 For Locals
Services you get with Basic : Singapore company setup Remote business registration & all Government fees US$849 1 year nominee local company secretary US$750 Registered address 1 year registered office address US$400
MAKE IT HAPPEN

Starter ~~US$9,199~~ US$ 8,199 For Foreigners
EVERYTHING in Basic, plus : Nominee resident director 1 year nominee resident director US$2,650 Refundable security deposit US$2,250 Statutory accounting 1 year bookkeeping (100 transactions) US$700 FinTech account opening Remote FinTech digital banking account opening US$600
MAKE IT HAPPEN

Premium ~~US$11,299~~ US$ 9,999 For Foreigners
EVERYTHING in Starter, plus : Bank account opening Traditional corporate bank account opening with efficient KYC verification US$600 Work visa application Singapore Employment Pass work visa for director US$1,200
MAKE IT HAPPEN

Basic ~~US$1,999~~ US$ 1,699 For Locals
Services you get with Basic : Singapore company setup Remote business registration & all Government fees US$699 1 year nominee local company secretary US$600 Registered address 1 year registered office address US$400
MAKE IT HAPPEN

Starter ~~US$6,999~~ US$ 5,999 For Foreigners
EVERYTHING in Basic, plus : Nominee resident director 1 year nominee resident director US$2,100 Refundable security deposit US$1,500 Statutory accounting 1 year bookkeeping (100 transactions) US$700 FinTech account opening Remote FinTech digital banking account opening
MAKE IT HAPPEN

Premium ~~US$8,699~~ US$ 7,399 For Foreigners
EVERYTHING in Starter, plus : Bank account opening Traditional corporate bank account opening with efficient KYC verification US$500 Work visa application Singapore Employment Pass work visa for director US$900
MAKE IT HAPPEN

What savvy startups need to know in Singapore company setup

To get started with Singapore business registration, here are some key essentials you need to know.

Process Time

While the business setup procedure in Singapore can be completed in as short as 2 business days, the entire process typically takes around 2 weeks. This timeline includes engagement planning, company name check, and the appointment of directors, shareholders, and a secretary.

Basic Requirements

Registered Address

Accounting & Tax

The Singapore Companies Act requires all companies in Singapore to maintain proper books of accounting in accordance with the Singapore Financial Reporting Standards (IFRS).
Newly incorporated Singapore Pte Ltd is eligible for the ‘Tax Exemption Scheme for New Start-Up Companies’. The company can enjoy a 75% discount on the first SG$100,000 chargeable income and another 50% discount on the next SG$100,000 of that income of a financial year for three consecutive years of assessment.

Points to Note

Business setup in Singapore made easy

It’s simple, really. Sit back, focus on your business, and let us guide you for seamless Singapore company setup.

1 Prepare passport & address proof		2 Secure a business name		3 Acquire approval from ACRA		4 Receive electronic docs for new business

Why Singapore?

Discover why you should invest in one of Asia’s top economies today.

Strategic Location

Home to the busiest airport in Southeast Asia, Singapore has access to key markets of 2.8 billion.

FinTech Evolution

Singapore has a strong fintech ecosystem that supports the creation of digital banking platforms such as Aspire.

Quality of Life

Singapore offers excellent public transportation, public and private housing, high-quality healthcare, and safe locality.

Labor Force

Singapore’s well-developed and knowledge-based economy makes a pool of competent workforce.

English Speakers

With English as the main language used in schools and businesses, Singapore is empowered by a strong workforce.

Capital Markets

As the 3rd largest foreign exchange centre in the world, Singapore houses the major foreign exchange dealers.

Find the optimal banking platform for your Singapore business

Say goodbye to unnecessary complications. Take our test and reclaim your valuable time.

3-minute banking account success
likelihood test

Eager to elevate your newly incorporated Singapore company with a centralized multi-currency corporate account?

Bypass the frustration of endless applications with uncertain outcomes. Take our efficient 3-minute test and pinpoint the perfect banking platform for your business in the Lion City.

BANK ACCOUNT SUCCESS 3-MIN TEST

SINGAPORE BANK ACCOUNT OPTIONS

here

Get insights into starting up a
company with our 30-second guide

Eager to initiate your company setup as soon as possible? Dive into our 30-second video here to discover a seamless and virtual process for starting up a limited company under a low tax regime. Experience the convenience of a multi-currency banking account, local compliance, prestigious address, and accounting services all bundled together!

With everything in place, you’re free to explore the markets of Asia and China, and expand your business globally at your convenience.

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You can ask us anything

Have a quick look to see if we have already answered your query on Singapore company incorporation.

01 | Can foreigners open a business in Singapore?

Singapore is very accepting to foreigners or international nomads who wish to incorporate. The sole requirement is that you must have a Singapore national or permanent resident act as a resident director. A nominee director can be hired to fulfill this requirement, and you as a foreigner can be appointed as another director of the company.

02 | What is the role of a nominee director?

The nominee is a Singaporean resident who is appointed to take the role of a director of your company’s board of directors on behalf of the beneficiary owners. The nominee director has the same statutory obligations and responsibilities under the Singapore Companies Act and the common law. However, you are still in full control of your company because the nominee cannot exercise directorship power without the owner’s consent.

In other words, there should be two (or more) directors if you are interested in our ‘Starter’ or ‘Premium’ package: you and the nominee, whilst all shareholders can be foreigners.

03 | What is an Employment Pass?

It is a kind of working visa issued to various professionals. It allows you to work for a specific company and bring your family to Singapore and it is renewable after 1 to 2 years of stay.

If you apply for an Employment Pass for your new company as the director, you will only need the nominee director service when you are waiting for the approval, which is about half a year. You can be the sole director of your company afterwards.

04 | How does the incorporation process go?

We need foreign directors and shareholders to provide a copy of their passport and proof of foreign address. Then you will need to reserve a company name and have it approved. You will need to provide the proposed English name of your company and its business activities.

We will prepare all the essential documents and submit them to ACRA (Accounting and Corporate Regulatory Authority). After your application is submitted to the BizFile⁺ (ACRA’s online filing and information retrieval system), the approval can be done within one business day. Then you will receive the electronic copy of the Certificate of Incorporation and the Busineass Profile of your company. You’ll have everything ready to soar high!

05 | What type of businesses require a license in Singapore?

Certain activities in Singapore require your company to acquire proper licenses, such as: educational institutions, employment agencies, financial services, import / export of goods, liquor / tobacco distributors, moneylenders, restaurants, and travel agencies.

What sets AsiaBC apart for Singapore business registration?

Effortlessly set up your Singapore company today with our reliable and trusted experts.

1No Hidden Charges

You can trust us when we say that our pricing is transparent. We are upfront to our customers when it comes to our costs and services.

2Hassle-Free Package

We love to make things easy. Our all-inclusive package allows you to focus on your business and complete the incorporation in 2 days.

3Reliable Experts

Our team of experienced professionals are equipped with full local knowledge and expertise of the Singapore incorporation process.

4Top-Notch Services

We take it upon ourselves to ensure the smooth operation of your foreign business while we provide you with annual support.

524-Hour Support

Our team of dedicated specialists are just one phone call away from saving you the headache and answering any questions you may have.

6Complete Solutions

With all your compliance duties fulfilled by our local representatives, there is no need to seek further assistance elsewhere.

Other services we excel at

Take a look at other ways we can help you and how our clients have enjoyed AsiaBC one-stop-shop solutions.

HK Remote Company Formation
+ FinTech Digital Account

Experience the convenience of registering your Hong Kong limited company remotely while gaining a complimentary multi-currency account for swift business transactions. Benefit from AsiaBC’s comprehensive incorporation package, including a dedicated company secretary with SCR compliance, a prestigious Admiralty registered office address in the CBD, and efficient mail forwarding services to ensure your operations run smoothly and confidently. What’s more, you can have all of these services set up within just 1 day.

Save US$120 instantly with PayPal today when you register here!

TELL ME MORE

CEO, Trio Import & Export Co Ltd We hired AsiaBC to set up our Hong Kong Corporation and they have been superb. We are very pleased with their efforts that contributed to the ease of making our entry into the Chinese Market. They facilitated all of the legal and statutory requirements for opening our Hong Kong Corporation and even arranged banking facilities with a Hong Kong Bank for the company. We have no hesitation in recommending their services to anyone who wishes to set up a business operation in Hong Kong or China. Albert Pestana Manager, Servcorp Hong Kong Have been working with AsiaBC for quite a few years. Delighted with their one-stop corporate services, from forming a company to opening a bank account to auditing arrangement. If you’re looking for a hassle-free platform for you to focus on your business, AsiaBC is your go-to corporate service provider. Tinnie Choi

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Embrace a wealth of tactics on business setup in Singapore and catalyse the expansion of your venture.

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Protect Your Personal Assets : How to Pick the Right Offshore Entity in Singapore

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As a non-resident business owner in SG, choosing the right business entity for your unique needs can protect your assets & minimize liability.

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EntrePass and Employment Pass : Your Ticket to Building a Business in Singapore

2020-03-02

Chart your course to success in Singapore's innovation ecosystem with Entrepass & Employment Pass.

DISCOVER MORE

Reach us quick

Our specialists will touch base with you, and also gift you a FREE Zoom video assessment.

Get Your Singapore Company Up & Running Fast

US$2,299

1,999

US$9,199

8,199

US$11,299

9,999

US$1,999

1,699

US$6,999

5,999

US$8,699

7,399

What savvy startups need to know in Singapore company setup

Business setup in Singapore made easy

Why Singapore?

Strategic Location

FinTech Evolution

Quality of Life

Labor Force

English Speakers

Capital Markets

Find the optimal banking platform for your Singapore business

3-minute banking account success likelihood test

Get insights into starting up a company with our 30-second guide

You can ask us anything

What sets AsiaBC apart for Singapore business registration?

1No Hidden Charges

2Hassle-Free Package

3Reliable Experts

4Top-Notch Services

524-Hour Support

6Complete Solutions

Other services we excel at

HK Remote Company Formation + FinTech Digital Account

Fuel your venture via our Singapore company incorporation blogs

Reach us quick

Hong Kong Incorporation

Singapore Incorporation

Offshore Incorporation

Singapore Bank Account Opening

Hong Kong Bank Account Opening

Hong Kong Taxation & Accounting

Singapore Immigration

We accept payment by

Get Your Singapore Company
Up & Running Fast

3-minute banking account success
likelihood test

Get insights into starting up a
company with our 30-second guide

HK Remote Company Formation
+ FinTech Digital Account