From Your Singapore Company
with Ease

2 days incorporation & annual support

Singapore banking account arrangement

24 hour local representative support

Why Singapore ? PRICE MUST KNOW STEPS FAQ WHY ASIABC BLOGS

Why Singapore

Basic ~~US$1,999~~ US$ 1,699 For Locals
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
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Starter ~~US$6,999~~ US$ 5,999 For Foreigners
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
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Premium ~~US$8,699~~ US$ 7,399 For Foreigners
EVERYTHING in Starter, plus : Singapore Employment Pass work visa for director US$900 Traditional corporate bank account opening US$500
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What savvy startups need to know

Here are some essential things you need to know to get started.

Process Time

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.

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

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.

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.

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.

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.

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.

LEARN 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

Boost your practice with our blogs

Read on and learn more about our insights and how they can help your business grow and flourish.

Asia Business Centre (Asia Business Centre (AsiaBC) [HK+SG Bank Account Opening / Company Formation / Company Secretary / Accounting & Tax])

Reach us quick

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

Incorporation Package	US$ ~~6,899~~ US$ 5,899
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)
SPECIAL OFFER

From Your Singapore Companywith Ease

US$1,999

1,699

US$6,999

5,999

US$8,699

7,399

What savvy startups need to know

Registration made easy

Why Singapore?

Strategic Location

FinTech Evolution

Quality of Life

Labor Force

English Speakers

Capital Markets

You can ask us anything

Why choose AsiaBC?

1No Hidden Charges

2Hassle-Free Package

3Reliable Experts

4Top-Notch Services

524-Hour Support

6Complete Solutions

Other services we excel at

Hong Kong Remote Company Formation

Boost your practice with our blogs

Reach us quick

Incorporation Package

US$

5,899

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

From Your Singapore Company
with Ease