Company Incorporation for Local
WORRIED ABOUT YOUR START-UP IN SINGAPORE?
Our Process
Discovery meeting
Contact us via the contact form or give us a line at +65 696 996 22 or Whatsapp us at +65 821 883 65 to clarify your requirements with us.
Fill up form
Just take 10 minutes to fill up our Google Form here. The details are necessary for us to prepare the incorporation forms in the next steps and to register your company with ACRA.
Incorporation documents
We check if your preferred name is available. And prepare the documents required for incorporation: Consent form, registers, share application and other incorporation for your Digital Signature. Everything is via Online only!
Filing and Bizfile
Upon receipt of signed forms, customers due diligence documents and incorporation fee, we will register your company with ACRA viz Bizfile. The Business Profile and Constitution will be saved in our Google Drive to be shared with you and our Cloud Dashboard for you to login and extract easily.
Handle Statutory Compliances
It is mandatory to submit annual return to ACRA and tax return to IRAS every year. Our accounting team will go through with you on the documents required for good accounting record-keeping, prepare Xero and FRS reports, prepare your tax return and file them with ACRA and IRAS.
Our Incorporation Package for Locals
FOR LOCALS
$$600
- Accounting & Tax
- Paperless Bookkeeping
- Training & Support
- Virtual CFO Advisory
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!
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
Registration number
Custom registration
Goods and Services Tax Registration
Registration with Central Provident Fund
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 Dependent 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 $5,000. 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
Registration number
Custom registration
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.