Private Limited Company Registration in Singapore
BTA supports company incorporation and ongoing accounting, tax and corporate secretarial requirements. We assess the proposed ownership, business activities and required documents before preparing an application. Registration is subject to ACRA review and any other approvals needed.
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.
Requirements for Registering a Private Limited Company in Singapore
Key requirements include at least one shareholder, an eligible director ordinarily resident in Singapore, a Singapore registered office address and a company constitution. Directors must be at least 18 and not disqualified.
A foreign person’s eligibility to act as a resident director depends on their immigration status and any required approvals; holding a pass does not automatically qualify someone. A company secretary must be appointed within six months after incorporation.
Prepare identity, address, ownership and other information needed for due diligence and the application. BTA will confirm the documents required for your circumstances.
Guide to Registering a Private Limited Company Singapore
Cost of Register Private Limited Company in Singapore
ACRA’s standard fees are S$15 for a name application and S$300 for incorporation, totalling S$315. BTA’s professional service fees and package inclusions are shown separately below.
Processing time depends on complete documents, due diligence and referral or regulatory review. Do not treat a typical processing estimate as a guaranteed start date.
Common Challenges and Solutions
- Name Rejection: Your chosen name may be too similar to existing entities. Ensure your name is unique and follows the guidelines.
- Document Errors: Mistakes in forms or missing details can cause delays. Double-check all submissions before filing.
- 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 incorporation, maintain accounting and statutory records, appoint a secretary within six months and appoint an auditor within three months unless an exemption applies. Keep the required controller and nominee information and registers up to date.
AGMs are generally due within six months after financial year-end for non-listed companies, unless an exemption or dispensation applies. Annual returns are generally due within seven months; check any special rules for your company.
Assess tax filings, business licences and employment, payroll and CPF obligations where applicable. BTA can coordinate the services within your agreed scope; directors remain responsible for decisions and approvals.
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.
Minimum Requirements
- At least 1 resident director
- Director must be at least 18 years of age
- Registered Address
| Incorporation of Company | Price (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:
You need a minimum paid-up capital of S$1 to register a private limited company.
At least one shareholder and one eligible director ordinarily resident in Singapore are required. The director must be at least 18 and not disqualified.
Foreigners can own a Singapore company, subject to the applicable requirements. An eligible resident director and the required incorporation and due-diligence arrangements are necessary. Immigration and work permission are separate matters.
Yes, a local address is required to register your company.
Timing depends on complete documents, due diligence, ACRA processing and any referral or regulatory review. BTA will explain the steps for your circumstances; registration within one or two days is not guaranteed.
