Register your dream company in Singapore remotely in 2 days starting from 990 $
Company formation service in Singapore
Name
Verify the availability of your Company name in Accounting and Corporate regulatory authority of Singapore
Free of Charge
Free company name check
Singapore company incorporation & registration fee table
Final prices – no hidden fees
“Vita Minimum” package
Starting from- Fill out our online form, upload required documentation and registering your company with ACRA:
• Checking and reserving company name
• Preparing all registration forms
• Preparing your company constitution (memorandum & articles of the company)
• All government fees (Name application – S$15, Registration fee – S$300)
• Filing with ACRA
• One year nominee local company secretary
• One year registered office address
• Maintenance of corporate records (share certificates, registers & minutes book)
• Resolution to open a bank account
“Vita Start” package
Starting from- EVERYTHING in “VITA MINIMUM” PACKAGE, plus
• One year nominee resident director
• Refundable security deposit
• One year bookkeeping (100 transactions)
• Registering a company with all government agencies
“Vita Standard” package
Starting from- EVERYTHING in “VITA START” PACKAGE
• Assistance in getting Singapore Employment Pass work visa for director
• Account opening in FinTech digital bank
Select the package that meets your requirements
Also check out our options of Hong Kong
At lower price
BENEFITS
Key Benefits of Doing Business in Singapore
Ease of doing business
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Singapore is recognised for many years in a row as the world’s easiest place to do business. For many years now, Singapore has been recognised as a leading country for doing business internationally.
Singapore holds a strategic position
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Singapore has access to key markets of 2.8 billion, one of the busiest ports, leading oil refining and distribution centre, and manufacturing cornerstone for electronic components.
Corporate Tax Rate
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With effect from YA 2010, a company is taxed at a flat rate of 17% on its chargeable income regardless of whether it is a local or foreign company.
Tax Incentives for a new start-up
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The tax exemptions are available for the first three years from founding a business. From the fourth year onwards, the company can enjoy the partial tax exemption like all other qualifying companies.
No currency control
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Foreigners are allowed to own 100% of the stock in a company incorporated in Singapore without having any local shareholders or partners. There is also no limitation on profit repatriation and foreign currency can be brought into or taken out of the country without restrictions. This is one factor that makes Singapore especially attractive to large companies, who may face enormous taxes moving money otherwise.
A highly-skilled workforce
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Singapore has a superior education system. Singaporeans are world-wide known for their hardworking and rule abiding nature.
Lack of corruption
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Singapore is recognised by the whole world as the least corrupt country in the world.
State of the art FinTech ecosystem
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Singapore has a strong fintech ecosystem that supports the creation of digital banking and financial platforms such as Aspire.
Singapore Exchange
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Singapore is the world’s fourth largest foreign exchange market, Asia’s second largest over-the-counter derivatives trading centre, and the region’s leading commodities derivatives hub.
High standard quality of Life
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Singapore secures for its residents perfect public and private housing, high-quality healthcare, and a safe environment.
Requirements for opening a Singapore Company
Company name: Company name must be approved and registered with ACRA
Shareholder: No residency requirements. According to the Company Act of Singapore, anyone over the age of 18 years can start a business in Singapore. So foreign persons over the age of 18 can be a 100% shareholder of a Singapore company.
Directors: At least one director is required who is either Singapore Citizen, Singapore Permanent Resident or EntrePass holder.
Registered Business Address: A local registered business address in Singapore is required for company office
Company Secretary: At least one corporate secretary must be appointed within six months from the incorporation date of the company
A registered filing agent (may be an accounting firm, law firm, or a corporate secretarial firm) to complete the registration process.
Share capital: Minimum Initial Paid-Up is S$1
Director Appointment Options in Singapore
Employment as a full time responsible director of a Local Singaporean, or Permanent Resident, or EntrePass
Appointment of a nominee director for your new company. Important to make legal arrangements to keep the nominee far from the business operations.
Getting EntrePass first and after forming up a company.
Getting an employment pass in your own company before hiring the nominal director. It take around 6 months to bet the employment pass and become a director of your own company
Office in Hong Kong
Address: Office room 77, 7/F, Woon Lee Commercial Building, 7-9 Austin Ave, Tsim Sha Tsui, Kowloon, Hong Kong