Company Incorporation Services

WORRIED ABOUT YOUR START-UP IN SINGAPORE ?

Drawing-up your own business in Singapore? Exquisite choice! Singapore is one of Asia's most bustling business hubs for company formation, an island ripe with opportunity for all who come seeking for it. Our team at UPVUE asserts you the guidance with the foremost ways to register your start-up:

Taking your Business to the Next Level and Beyond

  • Starting a business is a thrilling and satisfying experience, but it can get a bit stressful too.
  • You have to make a lot of hard decisions early on. One of the most important is choosing the right business structure.
  • The kind of business entity you choose can influence everything. From how you determine owner compensation to how much you'll pay in taxes.
  • So why risk making the wrong choice? Give us a call to hear our advice.

What does Incorporation Mean?

  • Incorporation is the legal process used to form a corporate entity or company. A corporation is a separate legal entity from its owners (shareholders).
  • This translates into a variety of benefits for the energetic entrepreneur.
  • Our team is more than happy to guide you through the whole process while explaining the pros and cons.
  • Stay clever, make an informed decision.

What do you really need to do?

  • Company Name. Before everything, you need an approved company name. You choose the name, we handle the rest.
  • Directors. Your company must have at least one Resident Director (a Singapore Citizen, a Permanent Resident of Singapore, or a person who has been issued an Entrepass, Employment Pass, or Dependent Pass).There is no limit to the number of extra local or foreign directors that the company can appoint.Directors must be at least 18 years of age and must not be bankrupt or convicted for any malpractice in the past. There is no need for the directors to also be shareholders. So non-shareholders can be appointed directors too.
  • Shareholders. A private limited company can have a minimum of 1 and a maximum of 50 shareholders. A director and a shareholder can be the same or a different person. The shareholder can be a person or another legal entity such as another company or trust. 100% local or foreign shareholding is allowed.You can issue new shares or transfer existing shares to another person any time after the incorporation process.
  • Company Secretary. Every company must appoint a qualified company secretary within 6 months of incorporation.In case of a sole director/shareholder, the same person cannot act as the company secretary.The company secretary must be a natural person who is also resident in Singapore.
  • Paid-up Capital. You only need S$1 of paid-up capital to register your company.You can increase the paid-up capital at any time after the incorporation is complete. There is no concept of Authorized Capital for Singapore companies.
  • Registered Address. To register a company in Singapore, you must provide a local Singapore address as the registered address of the company.The registered address must be a physical address (can be either a residential or commercial address) and cannot be a P.O. Box.

The incorporation process is usually a smooth one. But we still need the following information from you:

  1. An approved company name.
  2. A short description of the company's activity.
  3. Shareholders personal details.
  4. Directors personal details.
  5. The registered address of the business.
  6. Company Secretary's details.
  7. Memorandum and Articles of Association (MAA).
  8. For non-residents: Copy of passport, proof of overseas residential address, and other Know-Your-Client (KYC) information (such as a bank reference letter, personal and business profile, etc.
  9. For Singapore residents: Copy of Singapore identity card.
  10. If the shareholder is a corporate entity: Copy of registration documents such as Certificate of Incorporation and Memorandum & Articles of Association.

Good news! The Singapore Registrar of Companies has a computerized system, so the process is fast and efficient. Registration only takes 2 steps and it's usually done in one day:

  1. Getting your company's name approved.
  2. Theactual registration of your company.

Getting Your Company's Name Approved

After you pick a cool name for your business, we file the application for you as part of our service.
This part of the process can take less than an hour unless you want to use special words (like bank, finance, law, media) that need special approval. In that case it might take a few days.
It is crucial to choose a name that is unique, or not too similar to an existing company. Make sure it doesn't infringe any trademarks. Also, it's wise not to use a name that is internationally registered. And of course it cannot be vulgar, or already in use or reserved.
Once approved, the name is reserved for 60 days. This can be extended for another 60 days by filing an extension right before expiry.

The Actual Registration of Your Company

Once your company name has been approved, we will file the approval along with the incorporation application. Assuming that all documentation and supporting evidence is in order, registration forms can be ready for signing by the director(s) and shareholders(s) of the new company in a matter of hours. Rarely are there any delays. A S$300 registration fee is payable at the time of incorporating a private company.

Congratulations! You are now the proud CEO of your company.
This means you get two documents (the Notification of Incorporation and a Company Business Profile).
In Singapore, they are enough for all legal and contractual purposes. Those could include: opening corporate bank accounts, signing office leases, subscribing to telephone/internet services, etc.

Certificate of Incorporation

The Company Registrar will send an official email notification confirming the incorporation of the company. This includes the company registration number. This email stands as the official certificate of incorporation in Singapore. If you prefer a hard copy, you can apply online after incorporation, but there is a charge of approx. S$50. You can take the hard copy the very next day from the office of the registrar.

Company Business Profile

A business profile containing the details of the company can be obtained from the Company Registrar by making a request online and paying a small application fee. The PDF document is downloadable within an hour of the request and contains the following key details:

  1. Company name and registration number
  2. Previous names for the company, if any
  3. Incorporation date
  4. Main activities
  5. Paid-up capital
  6. Shareholders details
  7. Directors details
  8. Company Secretary details

Other items you might need after registration include

  1. Share certificates for each of the shareholders
  2. Share register indicating shares allotted to each of the shareholders
  3. Company seal
  4. Company rubber stamp

Leverage Singapore during your Incorporation Process

Singapore is a superb, convenient location for domestic or international businesses to establish their head office or offshore headquarters. The country offers considerable tax, financial, and operational advantages to businesses and investors alike.

Whether you are a Local or Foreigner, we offer a comprehensive Incorporation of Company package that includes all the required items and services needed to set up and begin trading, including:

For Locals

I'm Singaporean
S600
one-time fee

Company Incorporation + Unlimited Corporate Secretary
Not included: Compliance Package - Accounting & Taxation starting from $1,200/year

Calendly Link
Top Features
  • Free Incorporation Services
What do I Get?
  • S$315 Name Application and Company Incorporation Fee to ACRA
  • Company Name Reservation
  • Company Constitution
  • Filing with ACRA
  • Unlimited number of resolutions: e.g., change in officers, registered address, business activity, company name or distribution of shares
  • Unlimited share transfer (exclude share transfer stamp duty fee to IRAS)
  • Routine annual filing and AGM preparation
  • S$60 annual filing to ACRA
Add-on Packages:

For Foreigners

I'm a Foreigner
S2550
one-time fee

Company Incorporation + Nominee Director + Unlimited Corporate Secretary + Registered Address
Not included: Compliance Package - Accounting & Taxation starting from $1,200/year

Calendly Link
Accounting & Tax Package:
  • Compulsory to sign up if you use our nominee director service.
  • Covers 1 year service of Bookkeeping Accounting & Tax
What do I Get?
  • Review by Chartered Accountant
  • Annual Reports
  • Xero Account Subscription
  • 20 Transactions a month
  • 40 Receipts a month
  • Need more? We can upgrade you to a plan that fits your business

Add-on Packages:

Frequently Asked Questions:

For Singaporeans

Incorporation is the legal process used to form a corporate entity or company. A corporation is a separate legal entity from its owners (shareholders).

This part of the process can take less than an hour unless you want to use special words (like bank, finance, law, media) that need special approval. In that case it might take a few days.

Otherwise, upon receipt of all signed incorporation documents and your IC or passport copy with proof of address documents, your company can be incorporated in less than 1 hour!

For Foreigners

Incorporation is the legal process used to form a corporate entity or company. A corporation is a separate legal entity from its owners (shareholders).

This part of the process can take less than an hour unless you want to use special words (like bank, finance, law, media) that need special approval. In that case it might take a few days.

Otherwise, upon receipt of all signed incorporation documents and your IC or passport copy with proof of address documents, your company can be incorporated in less than 1 hour!

It's a type of working visa issued per specific company so it can invite foreign professionals, managers, executives, and technicians. It allows you to work exclusively for that company, live and bring your family to Singapore. It's valid for 1 or 2 years and can be renewed afterwards.

No, EPs/DPs are issued per one specific company. You can only work for the company that sponsors your EP. So after your company is incorporated, your new business has to apply for your new EP. Do it concurrently: there's no need to cancel your old EP before you get the new one.

This is an employment pass so your professional qualification and educational level will be evaluated. We will file your CV with relevant professional experience, education data and the company profile to get the pass.

if you want to bring immediate family under Dependant Passes, you can apply for a Long Term Visit Pass for your family if you meet these requirements:

  • Hold an Employment Pass or S Pass.
  • Earn a minimum fixed monthly salary of $6,000. This is based on your salary, and not based on your combined household income.
  • Are sponsored by an established, Singapore-registered company (usually your employer).

Permits and licenses

Some of the businesses are controlled by government authorities in the country. Therefore, you will need to obtain approval from relevant government authorities and provide them to start your business. For example, you will need to have a government approved permit to set up a retail business, wholesale business, import business, childcare center, private school, money lending business, financial advisory service, liquor distributor business, travel agency or a video company.

Registered office address and hours

You will need to have a registered address for the business. In addition to that, you need to make sure that your business is open to public at least for three hours during weekdays.

Registration number

You should obtain a registration number for your business from ACRA. It should be on all the invoices, letterheads, bills and other official documents you print.

Custom registration

If your business is engaged with imports and exports, you will need to have custom registration as well. In order to do that, you should register the business with Singapore Customers and get a CR number.

Goods and Services Tax Registration

Goods and Services Tax, which is also known as GST tax is applied on all the goods and services within the country. You will also need to pay this tax for the goods and services that are imported into the country and that are exported out of the company. It is mandatory for all the businesses in Singapore to sign up for GST. You can do it voluntarily as well.

Registration with Central Provident Fund

Central Provident Fund, which is also known as CPF is the pension fund scheme, where both employee and employer will contribute a specific percentage of the monthly salary. It is mandatory for an employer to contribute towards CPF. On the other hand, employees who earn over $50 per month should contribute to it as well.

To Inaugurate your Business and Establish your Start-up in Singapore, our Team at UPVUE is Ready to Provide Indispensable Assistance in any of these Fields and will Ensure your Business Start-up Productivity in Singapore.

UpVue Starting a new company in Singapore

Need To Talk To Us? +65 6969-9622

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