How to Incorporate a Company in Singapore: A Step-by-Step Guide
Starting a business in Singapore is exciting—and surprisingly straightforward. With its business-friendly laws, low corporate tax rates, and transparent governance, Singapore is one of the best places in the world to launch a company.
But if it’s your first time, the process can still feel intimidating. That’s why we’ve broken it down into bite-sized, actionable steps.
Step 1: Decide on Your Business Structure
For most entrepreneurs, especially those looking to scale or work with partners, a Private Limited Company (Pte Ltd) is the go-to choice. It offers limited liability, a professional image, and tax perks. Alternatives like Sole Proprietorships or Partnerships are simpler but come with more personal risk.
✅ If you’re not sure which structure suits your business, check out our guide: Sole Proprietor vs Private Limited: Which Is Better for You?
Step 2: Choose and Reserve Your Company Name
Your name must be:
• Unique
• Not obscene or offensive
• Not identical to existing business names
• Not infringing on trademarks
Submit your proposed name via ACRA’s BizFile+ portal. If there are no objections or referrals, it’s usually approved within an hour.
💡 Tip: Avoid generic terms like “consulting” or “solutions” unless they’re truly distinctive.
Step 3: Appoint Your Company Officers
Here’s what you need:
• At least one resident director (Singapore citizen, PR, or EntrePass holder)
• A company secretary (must be appointed within 6 months of incorporation)
• A shareholder (can be an individual or another company)
One person can wear multiple hats—yes, you can be both director and shareholder.
Step 4: Decide on Your Registered Address
Your company must have a local registered address (not a PO box). This is where official documents will be sent.
🏠 Did you know? You can use your residential address under the HDB Home Office Scheme or URA regulations—provided you meet the guidelines.
Step 5: Prepare Your Constitution
This is your company’s rulebook. You can use ACRA’s standard model constitution or file a custom one.
⚖️ Most startups stick with the model unless they have investor or founder-specific terms.
Step 6: Submit the Incorporation via BizFile+
You’ll need:
• Company name approval
• Director, shareholder, and secretary details
• Registered address
• Constitution
Once submitted, approval is typically granted within the same day—sometimes within an hour.
💸 Note: The ACRA filing fee is S$315. With Paperwork.sg, everything else is on the house.
Step 7: Post-Incorporation Essentials
You’re not done just yet. After incorporation, remember to:
• Open a business bank account
• Issue share certificates
• Set up accounting and tax systems
• File for GST registration if required
📂 You’ll also need to prepare for annual filings and AGM requirements. That’s where a corporate secretary comes in.
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