Services you get with Basic :
Singapore incorporation handling & all Government fees US$699
1 year nominee local company secretary US$600
1 year registered office address US$400
EVERYTHING in Basic, plus :
1 year nominee resident director US$2,100
Refundable security deposit US$1,500
1 year bookkeeping (100 transactions) US$700
FinTech digital banking account opening
EVERYTHING in Starter, plus :
Singapore Employment Pass work visa for director US$900
Traditional corporate bank account opening US$500
What savvy startups need to know
Here are some essential things you need to know to get started.
- The incorporation procedure is as short as 2 business days, but the entire process can take around 2 weeks, including the engagement planning, company name check, the appointment of director, shareholders and secretary.
Registration made easy
It is simple, really. Our dedicated specialists will guide you from start to finish while you sit back and focus on your business.
Prepare passport & address proof
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Secure a business name
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Acquire approval from ACRA
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Receive electronic docs for new business
Discover why you should invest in one of Asia’s top economies today.
Home to the busiest airport in Southeast Asia, Singapore has access to key markets of 2.8 billion.
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.
Singapore’s well-developed and knowledge-based economy makes a pool of competent workforce.
With English as the main language used in schools and businesses, Singapore is empowered by a strong workforce.
As the 3rd largest foreign exchange centre in the world, Singapore houses the major foreign exchange dealers.
You can ask us anything
Have a quick look to see if we have already answered your query.
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.
Why choose AsiaBC?
Effortlessly form 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.
We love to make things easy. Our all-inclusive package allows you to focus on your business and complete the incorporation in 2 days.
Our team of experienced professionals are equipped with full local knowledge and expertise of the Singapore incorporation process.
We take it upon ourselves to ensure the smooth operation of your foreign business while we provide you with annual support.
Our team of dedicated specialists are just one phone call away from saving you the headache and answering any questions you may have.
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.
Hong Kong Remote Company Formation
Register your HK Limited Company remotely, open a multi-currency account, and cover essential compliance requirements. Settle the first transaction in as short as one day.
Boost your practice with our blogs
Read on and learn more about our insights and how they can help your business grow and flourish.
Reach us quick
Our specialists will touch base with you, and also gift you a FREE Zoom video assessment.
Including the following items
INCORPORATION HANDLING & GOVERNMENT FEE (ONE-OFF)
Nominee Local Company Secretary (Per Year)
Nominee Resident Director (Per Year)
Refundable Security Deposit (One-off)
Registered Office Address (Per Year)