How to Incorporate in Singapore

Singapore consistently ranks as one of the easiest places in the world to start a business. With its strategic location, favorable tax regime, and world-class infrastructure, it's no surprise that over 70,000 new companies are registered each year.

Why Singapore?

Singapore offers a unique combination of advantages for international entrepreneurs:

• Low corporate tax rate of 17% with generous exemptions for startups
• No capital gains tax on disposal of shares or assets
• Territorial taxation — only income sourced in Singapore is taxed
• Extensive treaty network with 90+ double taxation agreements
• Fast registration — as quick as 1 business day through ACRA

Entity Types Available

The most common entity type for foreign entrepreneurs is the Private Limited Company (Pte. Ltd.). This offers limited liability protection, separate legal personality, and is the preferred structure for venture capital investment.

Requirements

• Minimum 1 shareholder (individual or corporate)
• Minimum 1 director who is a Singapore resident
• A local registered address
• A company secretary appointed within 6 months
• Minimum paid-up capital of S$1

Costs

Timeline

With all documents ready, incorporation can be completed in 1–3 business days.

Banking

Singapore offers excellent banking options including DBS, OCBC, UOB, and digital alternatives like Aspire and Airwallex.