Singapore
Company Formation
Based on 240 reviews
Company registration in 1 day
Open bank account online
Dedicated support
Company Registration in Singapore
- Pro-business environment with corporate income tax capped at 17%
- Partial tax exemption scheme for companies and new startups in Singapore
- Avoidance of Double Taxation Agreements with over 70 countries
- Investment Guarantee Agreements with 41 countries
- Free Trade Agreements with 26 countries
- The largest corporate banking centre in Asia
- Excellent standards of livings
- Well-developed financial markets and system
Private Limited Company
Incorporation accomplished within 3 hours
No hidden fee
All-in-one service
Customized company package
Startup for locals
US$ 675
Company Formation
- Unlimited Name Availability Check
- Document Preparation and Filing
- Company incorporation process
- Company name reservation
- Government registration fee
- Lifetime Support/ Instant Response
- Digital Corporate Documents
01 year Company Secretary, including
- Annual filing and AGM preparation
- Annual filing government fee
Bank account opening with Singapore banks
* Annual renewal fee at US$ 440
standard
US$ 1950
Everything in Startup package, plus
- Nominee director in the first year
- 01 year Local Registered Address with mail handling
Add-on Accounting package: from US$ 75/month billed yearly
A must-have with the Nominee director service. Covers:
- Xero cloud accounting
- Corppass registration
- Monthly accounting review
- Monthly preparation of FSs
- Annual tax filing (preparation and filing of ECI and Form C/C-S)
- Annual revenue under $100k (plan upgradable on request)
* This Package includes everything for a foreigner to set up a new Singapore private limited company from the beginning
** Nominee review fee of $40/month billed yearly will be charged should you not use our accounting service
*** Annual renewal fee at US$ 1,940
Standard with Employment Pass
US$ 1985
Everything in Standard package with Nominee Director for the first 6 months, plus
- Application of Employment Pass
Add-on Accounting package: from US$ 75/month billed yearly
A must-have with the Nominee director service. Covers:
- Xero cloud accounting
- Corppass registration
- Monthly accounting review
- Monthly preparation of FSs
- Annual tax filing (preparation and filing of ECI and Form C/C-S)
- Annual revenue under $100k (plan upgradable on request)
* Annual renewal fee at US$ 440 excl. Work pass renewal
Process of Singapore Company Formation
Create online order
BBCIncorp offers multiple packages of Singapore offshore company formation to meet your demand. During this process, we also provide free consulting to help you set up the right company structure per your need.
Make payment
Your settlement can be made online via Credit card, Debit Card. Bank wire transfer is also acceptable.
Collect and verify KYC documents
After receiving order and payment, our customer service will contact you in the same day to confirm order information and gather required documents for incorporation in Singapore.
Proceed the incorporation
The electronic documents are ready after 3 working days of company formation, and it takes 3-7 days for courier the original ones.
Required Documents
- Certified true copy of passports of all company members
- Certified true copy of address proofs of all company members
- Business details including services, sectors and major operating countries
Wish to get a hassle-free Singapore company formation?
Just get in touch with us. We typically response within 2 hrs.
FAQs
What are initial requirements to register a company in Singapore?
- Minimum one director and one shareholder.
- Local resident director(s).
- A local registered address in Singapore.
What kinds of business are allowed in Singapore?
Generally, no restrictions except for financial services, education, media-related or other politically sensitive businesses.
Do I have to file annual returns for my Singapore company?
In Singapore, it is mandatory for a company to file annual returns with Accounting and the Corporate Regulatory Authority (ACRA), and annual tax returns with the Inland Revenue Authority of Singapore (IRAS).
Can a foreign individual or corporate have complete ownership of a Singapore company?
Definitely, yes. According to Singapore Companies Act, 100% ownership of a Singapore company is permitted, either for a local person or a foreigner.
Which taxes must a company in Singapore pay annually?
A Singapore company is basically taxed for its profits, regardless of the sources. For the first three years, the company is levied from 0% to 17% depending on its incomes. After that, the tax rates are 8.5% and 17%, respectively for the first 300,000 SGD and the remainder.
