Introduction
Singapore is consistently ranked among the easiest places in the world to start and run a business. With its strategic location, pro-business policies, and efficient digital infrastructure, it’s no wonder entrepreneurs are flocking here. In this guide, Stars Bridge walks you through everything you need to know about setting up your business in Singapore.
Why Choose Singapore for Your Business
- World’s Easiest Place to Do Business: Ranked top globally for business-friendly regulations.
- Gateway to Asia: Easy access to major Asian markets.
- Favorable Tax System: Low corporate taxes and no capital gains tax.
- Full Foreign Ownership: Foreigners can own 100% of a Singapore company.
- Strong IP & Legal Protection: Transparent legal framework and robust IP laws.
- Skilled Workforce: Access to a multilingual and educated talent pool.
- Government Support & Startup Ecosystem: Grants, incubators, and government funding available.
How to Register a Company in Singapore (Step-by-Step)
- Select the Right Business Structure: Most foreigners choose a Private Limited Company for scalability and limited liability.
- Reserve Your Company Name: Check availability and register with ACRA through BizFile+.
- Incorporate Your Company: Submit required documents like company constitution, shareholder details, and local address.
Opening a Corporate Bank Account
Once your company is registered, you’ll need a corporate bank account to manage your business transactions. Most local and international banks require a face-to-face meeting. Stars Bridge helps streamline the process by coordinating with major banks on your behalf.
Understanding the Cost of Company Incorporation
| Expense | Cost (SGD) |
|---|---|
| Name Reservation | 15 |
| Company Registration | 300 |
| Service Provider Support | 600–2,000+ |
| Optional Licenses | Varies |
| Corporate Secretary (Annual) | From 300 |
| Nominee Director (if needed) | Varies |
Benefits of Engaging a Registered Filing Agent
Incorporating with a Registered Filing Agent like Stars Bridge ensures accuracy, speed, and compliance with Singapore’s business laws. From documentation to ACRA submission, we handle it all so you can focus on growing your business.
Final Thoughts: Register with Confidence
Singapore offers one of the most seamless environments for company registration and business growth. Whether you’re a startup, SME, or foreign investor, Stars Bridge simplifies the incorporation process while offering strategic guidance every step of the way.
📞 Contact us at: +65 9380 7956 | 📧 enquiry@starsbridge.com
FAQs
- 1. Can foreigners register a company in Singapore without relocating?
- Yes, foreigners can own 100% of a Singapore company without living here, but must appoint at least one local or resident director.
- 2. Do I need a physical office to register a business?
- No, a residential or virtual office can serve as your registered address, as long as it’s a valid Singapore address.
- 3. What’s the fastest way to incorporate a company in Singapore?
- With the help of a corporate service provider like Stars Bridge, most companies can be incorporated within 1 business day.