This post is also available in: 简体中文 (Chinese (Simplified))

How to Start a Company in Singapore? (Introduction)

Company Setup

Singapore is consistently ranked as the #1 place to do business, and it’s no surprise why! Boasting progressive, business-friendly government policies, attractive tax rates, world-class infrastructure, and exceptional accessibility, Singapore has become a magnet for entrepreneurs and enterprises alike. Also, unwavering political stability further fuels the growing demand for company incorporation, making it a prime destination for ambitious businesses to incorporate and grow in Singapore.

Singapore, due to these advantageous conditions, has become a hotbed for business owners and investors, both local and foreign, making it deserving of its title as the world’s best place for doing business, as per the World Bank’s report.

Furthermore, Singapore’s robust trade ecosystem, backed by 76 Double Taxation Agreements (DTAs) and 20 Free Trade Agreements (FTAs), has expanded the trade horizons for businesses, exporters, and investors. They afford preferential access to certain sectors while offering safeguards for intellectual property and various concessions.

Therefore, planning a company incorporation in Singapore is a rational business incorporation decision.

Best Company Registration Specialist of the Year

Select the Services that you require for Singapore Company Setup

  1. Singapore Company Incorporation Services Package
  2. Nominee Director Service
  3. Nominee Shareholder Service
  4. Business License Application
  5. Bank Account Opening
  6. Singapore Business Support Services
  7. Micro SMEs Solutions in Singapore
  8. Setting Up a Family Office in Singapore

Looking for Shelf Company that can be purchased for immediate operation, see the Shelf Company Listing for more information.

Company Setup in Singapore

How do you start a business in Singapore?

If you’re planning to start a business in Singapore, 3E Accounting Pte Ltd is here to guide you through the process. As a leading provider of company incorporation services in Singapore, we offer comprehensive solutions for setting up a new company at competitive rates. Our expertise ensures that your business is incorporated in full compliance with all applicable laws and regulations. With 3E Accounting handling the formation of your Singapore company, you can focus on other key aspects of your business, such as strategic planning, financing, marketing, and operations.

At 3E Accounting Pte Ltd, we provide the following company setup services in Singapore.

#1. Incorporation Services

Incorporating a business in Singapore is a crucial first step for entrepreneurs looking to establish their presence in one of the world’s most business-friendly environments. The incorporation process ensures that your business is legally recognized, paving the way for seamless operations and strategic growth.

We offer a range of business incorporation packages tailored to different needs and circumstances. These packages cater to:

  1. Local Entrepreneurs: For Singapore residents starting their entrepreneurial journey.
  2. Foreign Entrepreneurs Without Relocation: Ideal for individuals managing their business remotely.
  3. Foreign Entrepreneurs With Employment Pass: For those planning to relocate and actively manage their business in Singapore.
  4. Foreign Entrepreneurs With EntrePass: Tailored for innovative entrepreneurs entering Singapore under specialized schemes.

Each package is designed to address specific business requirements, ensuring a smooth and compliant incorporation process regardless of your circumstances.

<Read more > 

 

#2. Nominee Director Service

According to the Singapore Companies Act, all Singapore private limited companies, or PLCs, must have at least one ordinarily resident of Singapore who acts as a director. Suppose you do not have a candidate to sit in the position. In that case, you can use our Nominee Director Service, which will provide your company with a local nominee director who meets the conditions required by the regulations. Our nominee director service can be terminated at any time upon your request.

<read more >

 

Nominee Director Service

 

#3. Nominee Shareholder Service

According to the Singapore Companies Act, all Singapore private limited companies, or PLCs, must have at least one individual or corporation acting as a shareholder. Due to the transparency requirement of the Singapore authorities, we are no longer providing nominee shareholder service to our clients.

< Read more>

 

#4. Business License Application

Certain types of business, such as those in food businesses, private schools, employment agencies, travel agencies, moneylenders, banks, childcare centres, and liquor distributors, need a license/ permit as one of the requirements for registration with Accounting and Corporate Regulatory Authority (ACRA). For this process, your company must appoint an executive local director to act for your company and sign any associated documents during the business license application in Singapore. Our business license application service will make the whole process a lot simpler and easier until the end.

<Read more>

 

Business License Application

 

#5. Bank Account Opening

To open a corporate bank account in Singapore, many conditions must be met. These conditions include the physical presence of the account directors and signatories in Singapore for the signing of official documents associated with the bank account opening. The entire process can take several weeks to months to complete, which can be especially challenging without a bank account opening service. If you want your bank account opening process to be hassle-free, engage with our services in Singapore.

<Read more>

 

#6. Singapore Business Support Services

Singapore has long been a preferred investment destination for companies seeking to expand in the APAC region. Its appeal lies in a combination of factors, including low corporate tax rates, a strong reputation for integrity, high productivity, and a highly skilled workforce. These attributes make Singapore an ideal hub for businesses aiming for regional growth and global success.

We provide comprehensive corporate and company support services, ensuring a smooth and efficient setup process for businesses establishing a presence in Singapore. From incorporation to compliance, our services are tailored to meet the diverse needs of entrepreneurs and enterprises, enabling them to focus on growth and success in this dynamic market.

<Read more>

 

#7. Micro SMEs Solutions in Singapore

At 3E Accounting, we are here to help you kick-start the business, equip you with professional advice, and steer you toward business incorporation in Singapore. Our end-to-end services will support you from the very beginning to end. In other words, switching to another service provider is unnecessary even when your company grows bigger.

At 3E Accounting, we are dedicated to helping you launch your business in Singapore with confidence and ease. Our expert team provides professional advice, guiding you in the right direction to ensure a seamless and compliant incorporation process.

Our end-to-end services are designed to support your business at every stage, from its initial setup to its growth and expansion. This holistic approach ensures that as your company evolves, you can rely on us for all your corporate needs without having to transition to another service provider.

 <Read more>

 

#8. Setting Up a Family Office in Singapore

Singapore is well-known as one of Asia’s leading financial business hubs. Singapore’s reputation has grown not just in Asia but also around the world. Investors have flocked to this business epicentre for decades and continue to do so, especially to set up a Family Office in Singapore.

<Read more>

 

More resources: 

Comprehensive guides to help you navigate the process of  business incorporation in Singapore.

You must be thinking Why 3E Accounting’s Company Incorporation Package is the best in Singapore? Read here!

Our effort to remain as the Singapore leading corporate service provider has been widely recognised by the Authorities, Regulatory and Professional bodies.

 

3E Accounting provide Company Setup Services for your businesses in Singapore

To engage with the reliable services of a new company set up in Singaporeplease get in touch with us via email.