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Private Limited Company Registration in Singapore

Registering a private limited company in Singapore unlocks unmatched opportunities for entrepreneurs. The nation boasts a top-tier business ecosystem. Its efficient rules and transparent systems attract investors globally. Entrepreneurs benefit from a 17% corporate tax rate and valuable government perks.

Strategically located in Southeast Asia, Singapore connects businesses to regional and global markets. It ensures strong legal protections and enforces strict anti-corruption laws. These factors make Singapore a trusted choice for investors. Business registration here remains fast, smooth, and hassle-free for all entrepreneurs.

What is a Private Limited Company?

A private limited company exists as a distinct legal entity from its owners. It owns assets, files lawsuits, and faces legal cases under its name. Shareholders carry limited liability, safeguarding their personal assets from company debts.

This structure enhances business credibility, helping owners raise funds and secure contracts. It guarantees perpetual succession, ensuring the business outlives ownership changes. Entrepreneurs favor it for steady growth and long-term success.

Private Limited

Requirements for Registering a Private Limited Company in Singapore

Register

To register a private limited company in Singapore, you must meet the following criteria:

  1. Shareholders: A minimum of one shareholder, who can be an individual or a corporate entity.
  2. Directors: At least one director must be a Singapore resident, such as a citizen or a pass holder.
  3. Company Secretary: Appointment of a company secretary within six months of incorporation.
  4. Registered Office Address: A local address in Singapore to receive official correspondence.

You’ll also need supporting documents, including:

  • Identification proof (passport or NRIC).
  • Proof of residential address.

A company constitution, outlining governance rules.

Guide to Registering a Private Limited Company Singapore

Reserve and Approve
1. Reserve and Approve a Company Name
Start by selecting a unique name that adheres to ACRA’s guidelines. Avoid names similar to existing businesses or those containing restricted terms. Submit your chosen name through the BizFile+ portal. Once approved, the name is reserved for 120 days.
Prepare Necessary
2. Prepare Necessary Documents
Gather the required documents, including personal details of directors and shareholders, proof of address, and the company constitution. Ensure all information is accurate to avoid delays.
Incorporation Application
3. File the Incorporation Application
Submit your application online via the BizFile+ portal. This includes providing details about the company’s structure, directors, and shareholders. A registration fee of S$315 applies.
Incorporation Compliance
4. Post-Incorporation Compliance
Once approved, you’ll receive a Certificate of Incorporation. Open a corporate bank account and register for any necessary business licences. Ensure compliance with tax and regulatory requirements.

Cost of Register Private Limited Company in Singapore

Cost

The main costs include:

  • ACRA Fees: S$315 for registration.
  • Additional fees for corporate secretarial services and document preparation.

At Business Tax Accountancy, we offer tailored incorporation packages that cover all these aspects, providing a hassle-free experience at competitive rates.

Timeline for Registration

The registration process in Singapore is efficient and typically takes 1–2 business days. With all documents in order, you can start operating your business almost immediately after incorporation.

Common Challenges and Solutions

  1. Name Rejection: Your chosen name may be too similar to existing entities. Ensure your name is unique and follows the guidelines.
  2. Document Errors: Mistakes in forms or missing details can cause delays. Double-check all submissions before filing.
  3. Foreign Entrepreneurs: If you’re not a Singapore resident, appointing a local director and navigating local regulations can be challenging. Engaging a service provider like Business Tax Accountancy simplifies the process.

Our team offers end-to-end support to overcome these challenges, ensuring a smooth registration journey.

Post-Incorporation Compliance and Services

After registering your company, compliance is crucial to maintaining its legal status. Key requirements include:

  • Filing annual returns with ACRA.
  • Holding an Annual General Meeting (AGM) within six months of the financial year-end.
  • Maintaining updated statutory registers and records.

At Business Tax Accountancy, we provide comprehensive corporate secretarial services to help you meet these obligations. From preparing reports to managing filings, we ensure your business stays compliant with local regulations.

Why Choose Us for Company Registration?

Business Tax Accountancy specialises in company incorporation and compliance solutions tailored to your needs. Here’s why entrepreneurs trust us:

  • Expert Guidance: We handle all aspects of registration, from document preparation to filing.
  • Cost-Effective Solutions: Our packages are designed to offer maximum value for businesses of all sizes.
  • Personalised Support: Our team ensures every step of the process is smooth and stress-free.

Our dedication to client success sets us apart. We take care of the administrative details so you can focus on growing your business.

Company Registration

Minimum Requirements

  • At least 1 resident director
  • Director must be at least 18 years of age
  • Registered Address

Not what you are looking for

Incorporation of CompanyPrice (SGD$)
Up to 4 Local Director / Shareholder$688
Additional Local Director / Shareholder$100/pax
Additional Foreigner Director / Shareholder$300/pax
Above fee is inclusive of ACRA registration fee.
  • Minimum 2 Proposed Company Name (In Order of Preference)
  • Courier address (For billing and courier of Company documents)
  • Description of Business Principal Activity (Maximum 2)
  • Paid Up Capital & Shares Allocation of Shareholders
  • Colored image of Directors’ NRIC (Front & Back), contact number and email address
  • Colored image of Shareholders’ NRIC (Front & Back), contact number and email address
  • Colored image of at least 1 Nominated Local Resident Director’s NRIC (Front & Back), contact number and email address
  • Minimum 2 Proposed Company Name (In Order of Preference)
  • Courier address (For billing and courier of Company documents)
  • Description of Business Principal Activity (Max 2)
  • Paid Up Capital & Shares Allocation of Shareholders
  • Colored image of Foreign Directors’ ID (Front & Back), contact number, overseas residential address and email
  • Colored image of Foreign Shareholders’ ID (Front & Back), contact number, overseas residential address and email
  • Proof of Address (E.g Latest Telephone / Utility Bill) of all foreign Directors/Shareholders

Contact Us Now

Contact Business Tax Accountancy today for expert guidance on registering your private limited company. Our team is here to ensure a seamless experience from start to finish. Let’s make your business dreams a reality!

Frequently Asked Questions:

What is the minimum capital requirement?

You need a minimum paid-up capital of S$1 to register a private limited company.

How many directors and shareholders are required?

At least one local director and one shareholder are necessary.

Can foreigners register a private limited company in Singapore?

Yes, foreigners can register a company but must appoint a local director and engage a corporate service provider.

Is a registered local office address mandatory?

Yes, a local address is required to register your company.

How long does the registration process take?

It typically takes 1–2 business days to complete registration.

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