InCorp Advisory

Company Registration In India

Business Enquiry: +91 7738066622
Career Enquiry: +91 8655857164
  • Home
  • Services
    • Corporate Secretarial
      • Entity Incorporation
    • Advisory And Assurance
      • Risk Advisory
      • Transaction Advisory
        • Due Diligence
        • Valuations
        • Corporate Restructuring
      • Accounting Advisory
    • International Presence
      • Australia
        • Company Incorporation
        • Corporate Secretarial
        • Tax & Advisory
        • Finance Function
        • Government Incentives
        • Corporate Governance
      • Indonesia
        • Company Incorporation
        • Outsourcing
        • Taxation
        • Visa Options
      • Philippines
        • Company Incorporation
        • Tax Incentives
        • Visa Options
      • Singapore
        • Company Incorporation
        • Immigration
      • Hong Kong
      • Vietnam
        • Company Incorporation
        • Taxation & Accounting
      • Malaysia
        • Company Incorporation
        • Accounting & Bookkeeping
        • Corporate Secretarial
        • Tax Advisory & Compliance
        • Immigration
    • Taxation
      • Direct Tax Services
      • Indirect Tax Services
      • Transfer Pricing
      • International Tax
      • M&A Tax
      • Tax Controversy & Dispute Resolution
    • FEMA
    • Investment Banking
      • Private Equity Syndication
      • Debt Syndication
      • M&A Advisory
    • Corporate Recovery
    • Trademark Registration
    • Family Office Management
    • Business Legal Compliance
    • Operational Support
      • Finance (CFO Services)
      • Accounting Services
      • Payroll Management
  • About Us
    • Our Team
    • Client Stories
    • Press Release
  • Learn
    • Tools
      • Company Name Search
      • Income Tax Calculator
      • HSN SAC Code Search
      • IFSC Code Search
      • GST Calculator
      • Loan Restructuring Tool
      • Residential Status Calculator
      • What My Family Should Know?
      • Trademark Search
    • Blogs
    • Guides
    • Infographics
    • Events
    • Insights
  • ESG Advisory
  • Virtual Office for GST
  • Careers
  • Contact Us

Incorporating a Company in Singapore

Home » Services » International Presence » Incorporating a Company in Singapore

Countries

Australia
Company Incorporation
Corporate Secretarial
Tax & Advisory
Finance Function
Government Incentives
Corporate Governance
Indonesia
Company Incorporation
Visa Options
Outsourcing
Taxation
Philippines
Company Incorporation
Tax Incentives
Visa Options
Singapore
Company Incorporation
Immigration
Hong Kong
Company Incorporation
Vietnam
Company Incorporation
Taxation & Accounting
Malaysia
Company Incorporation
Accounting And Bookkeeping
Corporate Secretarial
Tax Advisory & Compliance
Immigration

Singapore is ranked no. 2 in the ease of doing business report 2020, which creates a benchmark for foreigners or locals looking to incorporate a business in Singapore. Here’s a quick overview of the different types of Singapore business entities : 

  • Private Limited Company
  • Limited Liability Company
  • Subsidiary Company
  • Branch Office
  • Representative Office 
  • Key Factor of Setting up a Singapore Company

Types of Singapore Business Entities

Private Limited Company

The most common choice- a private limited company in Singapore has a separate legal status from its owners and directors who have limited responsibility for the company’s debts and losses. This business entity provides the owner with the right to own properties. 

Minimum Setup Requirements: 

Limited Liability Partnership

A limited liability partnership is a combination of a Private Limited Company and Partnership, providing the most flexibility while ensuring its legal entity remains separated from its partners.

Minimum Setup Requirements: 

Subsidiary Company

A subsidiary company is a private limited company with an external corporate company as a shareholder. This external corporate company can own 10% of the company. A subsidiary company in Singapore benefits from the same perks as a private limited company incorporated in Singapore. 

Minimum Setup Requirements:

You can either apply for a Singapore employment pass and relocate to Singapore or appoint a Nominee Director and run your operation from overseas.  

Branch Office

A branch office is an expansion of a foreign corporate company that is not based in Singapore. It is considered to be a non-resident and therefore does not enjoy tax exemptions like other Singapore private limited companies. If your company wishes to relocate or send employees to Singapore to run operations, then you are required to apply for a Singapore employment pass.

Representative Office

A representative office is a short-term setup, a maximum of three years. This allows foreign corporate companies to relocate temporarily to explore and interact with local distributors and study the Singapore market. A Singapore employment pass is required to relocate.

Minimum set-up requirements:

Key Factors of Setting up a Singapore Company

Liability/ Legal Entity

When choosing an organisational form, one of the main things to consider is the liability structure. It is beneficial for a business owner as well as the company if the two are separate entities legally. This will allow for a cap on what/who is liable for company debts if any. 

Ability to Grow

As a business, a long term goal is to always grow, and therefore business owners must consider which organisational form will allow them to widen their horizons and expand into either different markets or into new products/services. 

Cost of Setting Up

If the company is a startup, it is important for the company to be thoughtful of the capital required to incorporate a company in Singapore. 

How can InCorp help? 

Setting up a company in Singapore could turn out to be a great decision, provided that you choose the right business structure. InCorp Global has helped thousands of Indian companies like yours to set up a Singapore company and get started in the new market. 

FAQs

Q1. Who can incorporate a company in Singapore?

A Singaporean, Singapore Permanent Resident, Singapore Employment Pass Holders can register Singapore company. If a foreigner wishes to set up a company in Singapore, they will require a resident director who has one of the above residential statuses in Singapore.

Q2. How long does it take to incorporate a company in Singapore?
It takes one day to set up a company in Singapore with ACRA.
Q3. Can a foreigner be a shareholder in a company?
Yes, a foreigner can be a shareholder in a company. Although, the company must have a Singapore Resident Director. 
Q4. What documents are required to set up a company in Singapore?
  •  Passport copies of shareholders
  •  Resident Director’s address proof
  •  Details of the parent company if a subsidiary company is being formed, which is if a foreign corporate company is a shareholder in another company.
Q5. What are the types of business entities in Singapore?
  •  Private Limited Company
  •  Limited Liability Partnership
  •  Subsidiary Company
  •  Branch Office
  •  Representative Office

With ease and efficiency, let us help you incorporate your company in 1 hour.

Speak To Our Experts
Share this postFacebooktwitterpinterestlinkedinmail
Phone

For Business Enquiry

+91 7738066622

For Career Enquiry

+91 8655857164

Envelope

Contact Us

info@incorpadvisory.in

Location

Visit us

2nd floor, Gita Building,
Sion Circle, Sion (East),
Mumbai - 400022

Copyright © 2023 · INCORP ADVISORY · All Rights Reserved
Sitemap | Privacy Policy

InstagramFacebookLinkedinTwitterYoutubeWhatsapp
WhatsApp

We use cookies to improve and customize your browsing experience. You are deemed to have consented to our cookie policy as you continue browsing our site.

×

We use cookies to improve and customize your browsing experience. You are deemed to have consented to our cookie policy as you continue browsing our site.

×