Segovia Financial Services
+65 9007 0883
+65 80155177
info@segovia.com.sg
25+ Years Experience
Personal & Confidential
Global Network
Same Day Response

Company Incorporation Services in Singapore

Take the complexity out of company incorporation in Singapore with our services and have confidence in your compliance.

Why Incorporate a Company in Singapore?

Singapore stands out as one of the most trusted jurisdictions for company incorporation, offering a compelling mix of economic resilience, regulatory clarity, and investor confidence. Its pro-business policies, legal transparency, and efficient governance structure make it an ideal launchpad for enterprises looking to operate in Asia or scale globally.

Additionally, Singapore’s government has demonstrated its commitment to nurturing entrepreneurship and supporting local enterprises. In the Year of Assessment 2005, it introduced the Start-Up Tax Exemption (SUTE) scheme, which provides tax benefits to new businesses. This initiative was specifically designed to encourage the growth of local startups and offer them a competitive edge.

Furthermore, the government, in its 2018 budget, made adjustments to the SUTE scheme to enhance its support for businesses looking to develop their capabilities. From the Year of Assessment 2020 onwards, the revised SUTE—together with the Partial Tax Exemption Scheme—continues to deliver meaningful tax relief for qualifying companies as they grow and reinvest.

This demonstrates Singapore’s ongoing dedication to creating a business-friendly environment and fostering entrepreneurship, making it an ideal choice for company incorporation. The next step is looking for the right Singapore incorporation service provider to help you do so.

ACRA Accreditation
REQUEST A FREE CONSULTATION

Why Choose Segovia When Incorporating Your Company in Singapore?

There are two ways to incorporate a company in Singapore. One involves filing paperwork with the Singapore government on your own, and the other is engaging the company incorporation services of a private firm that specialises in corporate law.

As a corporate service provider, Segovia delivers end-to-end incorporation services with discretion, speed, and precision—ensuring your company is structured correctly from the outset. We manage the complexities, so you can focus on building your business with confidence and clarity.

Help with Filing Paperwork

With us, you won’t have to worry about the paperwork involved during the process. We take care of all forms, filings, and compliance checks, meticulously managing every detail to prevent any issues.

Register from Anywhere

Even if you’re based abroad, Segovia can register your company on your behalf, so you won’t need to be physically present to start a company.

Bank Account Opening

We also facilitate the opening of your corporate bank account, streamlining the process for both local and foreign clients.

Expert Guide Throughout

Segovia’s expert team ensures every step of the incorporation process is managed efficiently. We provide strategic advice to ensure compliance and navigate complex regulations, ensuring a seamless business setup.

Simplifying Submission Process

We collect the supporting documents from you, help you verify them, and simplify the submission process. Provide us with your company name, director’s particulars, and shareholder’s particulars, and we’ll sort out the rest for you.

Tailored & Experienced Service

With years of experience providing company incorporation services, we offer customised support tailored to the specific needs of various business industries. Our deep understanding allows us to adapt our services to your unique requirements, ensuring your setup is optimised for success in your specific sector.

Incorporation for Locals

Streamline your business setup in Singapore with our local company incorporation service packages.

Incorporation for Foreigners

Navigate your business entry into Singapore successfully with our incorporation services for foreign business owners, including secretarial and nominee director services for full compliance.

Tailored Services that Combine Global Experience, Guaranteed Quality, and Efficiency

A Global Network

20+ Years of Experience

Personalised and Confidential

Responsiveness and Speed

Our Singapore Incorporation Services

Our company incorporation services in Singapore will be tailored to your business needs, and we can provide support with the following:

Segovia streamlines the process of obtaining approval for your company name, ensuring it complies with ACRA’s regulations. We guide you through the naming guidelines and submission requirements, enhancing your chances of a successful outcome.

We help you prepare all necessary documentation for ACRA, ensuring accuracy and completeness. Our experts assist in organising, reviewing, and submitting the required information, facilitating a hassle-free submission process.

Segovia simplifies the incorporation process by handling all administrative tasks on your behalf. We assist in selecting the appropriate business structure, preparing the constitution, and submitting the application to ACRA, saving you time and effort.

Our services extend to aiding in the setup of corporate and personal bank accounts. We guide you through the bank account selection process, assist in documentation, and facilitate account opening, ensuring a smooth financial setup for your business

Segovia offers ongoing support to ensure you meet regulatory compliance and annual filing obligations. We provide timely reminders, assist in preparing and submitting required reports, and help you stay in good standing with ACRA and IRAS, reducing compliance-related burdens.

The Singapore Companies Act also stipulates that businesses have to appoint a resident secretary within six months of incorporating a company. Aside from company incorporation, Segovia also offers secretarial services to assist you with the management of documents and submitting information to ACRA before deadlines.

The Singapore Companies Act also stipulates that businesses have to appoint a resident secretary within six months of incorporating a company. Aside from company incorporation, Segovia also offers secretarial services to assist you with the management of documents and submitting information to ACRA before deadlines.

Singapore

Choose the Company Type You Want to Incorporate

In Singapore, there are four different business entity types you can choose from:

  • Sole-Proprietorship or Partnership: A business entity that is fully owned and controlled by a single individual (Sole Proprietorship). There are no partners in this type of business structure, and the business entity and the individual are not legally distinct. A business entity owned by at least two individuals who intend on running business operations together and sharing liabilities (Partnership)
  • Limited Partnership (LP): A partnership consisting of two or more partners, with one limited partner and at least one general partner. General partners are liable for all actions of the limited partner.
  • Limited Liability Partnership (LLP): A partnership consisting of two or more partners, with co-partners being protected from any acts of commission or omission by other partners. Partners of an LLP cannot be held liable for acts of wilful misconduct or negligence of other partners. These can be incorporated as Private Company Limited by Shares, Public Company Limited by Shares, and Public Company Limited by Guarantee.
  • Company: A business entity registered under the Companies Act, Chapter 50.

Foreign companies that intend to establish a company in Singapore can do so under the following entities:

  • Subsidiary company: A locally incorporated private limited company wholly owned by its foreign parent, enjoying limited liability and full compliance under Singapore’s corporate governance framework.
  • Representative office: A Representative Office (RO) is a temporary, non-commercial entity allowing foreign companies to explore the Singapore market without engaging in revenue-generating or operational business activities.
  • Branch office: A branch office is established as an extension of its parent company with no legal separation; liabilities remain with the head office. Requires a local authorised representative and full statutory compliance.

There are 4 types of companies:

  • Private company limited by shares
  • Exempt private company
  • Public company limited by shares
  • Public company limited by guarantee

Contact Us for Professional Advice on Singapore Company Incorporation

Request a free consultation to learn more about our corporate services and receive professional advice on company incorporation in Singapore. We’ll create a bespoke proposal outlining how our services can help you set up a company, meet requirements, and maintain compliance.

Request a Free Consultation

Steps to Incorporating a Company in Singapore

Step 1: Determining business entity type

One of the first steps involves determining your corporate structure. Which business entity supports your objectives best? When deciding on a corporate structure, consider who the shareholders of your company are, the size of each share, who the directors are, and the initial share capital of the company. It also helps to weigh the advantages and disadvantages of each business type while keeping in mind your ultimate goals to arrive at the best decision. Your risk appetite is also a significant factor and affects the business entity type that you choose.

Step 2: Decide on a company name

Choosing an appropriate company name can be difficult. Adding to this conundrum is having to ensure that your company name has not already been taken up by another business. To check if your shortlisted names are available for you to register, search them on the Accounting and Corporate Regulatory Authority (ACRA) website. Take care to ensure you have spelt the name correctly. Registering your name would cost S$15.

During this process, you would also have to indicate the nature of your business using the Standard Industrial Classification (SSIC) codes. For example, if you’re starting an advertising business, the corresponding SSIC code is 73100. Upon receiving the approval of your application, complete your company incorporation in Singapore within 120 days, or you will need to restart the application process.

Step 3: Prepare the required documents

Once your company name has been approved, prepare the following legal documents:

  • Company constitution
  • Consent from company directors
  • Consent from company secretaries
  • Declaration of the company’s controllers

For Singapore residents, submit these documents on Bizfile+ to complete your application. To log into the Bizfile+ portal, use your Singpass. You will be asked for your transaction number, which was provided during the application of your company name.

What People Are Saying

Frequently Asked Questions About Company Incorporation in Singapore

Incorporating a company in Singapore involves these key steps:

  1. Reserve your company name – Apply through ACRA’s BizFile+ portal. Approved names are reserved for 120 days.
  2. Prepare your documents – Gather director and shareholder particulars, choose your business activities, and prepare your company constitution.
  3. Submit incorporation application – File through BizFile+. Foreigners must use a registered filing agent.
  4. Receive your documents – ACRA emails your Certificate of Incorporation. All appointed officers must endorse their appointments within 60 days.
  5. Complete post-incorporation tasks – Conduct your first board meeting, issue share certificates, and open a corporate bank account.
  • Minimum S$1 paid-up capital
  • At least 1 shareholder (maximum 50 for Pte Ltd)
  • At least 1 local resident director (Singapore Citizen, PR, or valid pass holder)
  • Company secretary (must be Singapore resident)
  • Registered local address in Singapore

Singapore offers several business structures:

Private Limited Company (Pte Ltd) – Most Popular (95% of businesses)

  • Limited liability protection
  • 1-50 shareholders, corporate tax 0-17%
  • Separate legal entity, can own property
  • Best for: Growing businesses and foreign investors

Sole Proprietorship

  • Single owner, unlimited personal liability
  • Taxed at personal rates (0-22%)
  • Best for: Simple individual businesses

Partnership

  • 2-20 partners, limited liability
  • Lower compliance than Pte Ltd
  • Best for: Joint ventures

Branch Office

  • Extension of foreign parent company
  • Parent liable for all debts
  • Best for: Market testing

Subsidiary Company

  • Separate entity, qualifies for local tax benefits
  • Best for: Foreign corporations wanting local presence

Once the name application fee is paid, it takes as little as 15 minutes to have your application processed and for your company to be incorporated. However, if approval needs to be sought by other agencies, the process can take between 14 days to 2 months.

In Singapore, the minimum issued share capital required to incorporate a company is S$1. This makes it accessible for many to start a company, though the actual amount of share capital can be higher depending on your business needs and goals. Share capital can be issued fully paid or partly paid, and any unpaid share capital represents future financial commitments by the shareholders.

Every company must have at least one shareholder, regardless of its type. For private limited companies, there is a maximum limit of 50 shareholders. Unlimited public companies, however, can have more than 50 shareholders.

Incorporating in Singapore comes with several tax benefits. New companies can benefit from the Start-up Tax Exemption Scheme, which provides partial tax exemptions on profits for the first three years. After the initial period, the Partial Tax Exemption Scheme offers continued relief for small and medium-sized businesses. For larger companies, the Group Relief system allows unutilised losses and allowances to be transferred within a group, reducing the overall tax burden.

If you’re planning to establish a company in Singapore, Segovia offers professional incorporation services to streamline the process and ensure all legal and regulatory requirements are met efficiently. For more detailed guidance on this process, feel free to contact us.

Incorporation in Singapore costs S$315—comprising S$15 for name application and S$300 for registration via ACRA’s BizFile+ portal. Foreigners and first-time incorporators typically appoint a corporate service provider, as SingPass access is required. Fees for incorporation services vary by provider and are based on the complexity and scope of engagement.