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Incorporate Your Business in Singapore

Incorporated more than

1,800

businesses and companies in Singapore.

Truly One-Stop Solution For Your Business in Singapore.

The demand for Singapore Company Incorporation services continues to accelerate. We at 3E Accounting Pte Ltd understand why Singapore is attracting so much corporate interest for business incorporation in Singapore and we’d like to share our expertise with you about Singapore Company Registration. As a premier provider of Singapore company incorporation services, we are in a unique position to offer you a FULL array of services at the most attractive prices.

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

When you turn to 3E Accounting for company incorporation, you are assured of a quick yet thorough process which complies with all existing statutes, laws and regulations. We take care of all the Singapore Company Registration details so that you can devote your energies and time to strategic planning, marketing, financing and business operations of your business in Singapore.

Another important aspect will be the choosing of the right partners to take care of your business. Please refer to Your checklist for selecting the right person as your Corporate Secretarial partner in Singapore.

View our business incorporation Singapore video summary to better understand our services that we provide:

Refer to our services for more information about 3E Accounting services package details.

In a hurry?

  • SINGAPORE COMPANY INCORPORATION WITHIN ONE TO TWO HOUR ($963 W/GST NET) WITH PHYSICALLY VISITING OUR OFFICE IN SINGAPORE. BESIDES, WE OFFER SINGAPORE COMPANY INCORPORATION WITHOUT PHYSICALLY PRESENCE IN SINGAPORE.

FIRST OF ALL, CHOOSE A SINGAPORE COMPANY FORMATION PACKAGE

  • Local Entrepreneur – This Singapore formation company package is suitable for entrepreneurs who wish to setup a Singapore company and have their own local Singapore Director.
  • Foreign Entrepreneur Without Relocation – This Singapore formation company package is suitable for foreign entrepreneurs who wish to setup a Singapore company but dont plan to relocate to Singapore.
  • Foreign Entrepreneur With Employment Pass – This Singapore formation company package is suitable for foreign entrepreneurs or professional who wish to form a Singapore company and relocate to Singapore to run their company operations. You must have degree qualification and/or relevant working experience to apply for the employment pass.
  • Foreign Entrepreneur With EntrePass – This Singapore formation company package is suitable for foreign entrepreneurs who wish to incorporate a Singapore company and relocate to Singapore on an Entrepreneur Pass (EntrePass) to run their company operations. You must have innovative ideas from overseas which could add to the entrepreneurial vibrancy in Singapore and meet all the requirements related to Entrepass application. For more information, you may refer to Singapore Entrepass

For client who will like to engage nominee director services, it is very important to appoint a competent person to act as your local director of your Singapore company. Our nominee director services with economical fees but guaranteed high quality of services is one of the best deal in the market. A wrong choice in the appointment may bring dire consequences to the company. To understand more, please refer to our write-up regarding “Appointing the right person as your Nominee Director“.
 

Package Fees for Singapore Company Incorporation / Singapore Subsidiary Incorporation (Singapore dollars)

Package Local Entrepreneur Fee (SGD) Foreign Entrepreneur Without Relocation Fee (SGD) Foreign Entrepreneur With Employment Pass Fee (SGD) Foreign Entrepreneur With EntrePass Fee (SGD)
Company Incorporation Services *

$900 (W/GST $963)

$900 (W/GST $963)

$900 (W/GST $963)

$900 (W/GST $963)

Company Secretary

Free 1 year

Free 1 year

Free 1 year

Free 1 year

Registered Address **

$300 (W/GST $321)^

$300 (W/GST $321)

$300 (W/GST $321)

$300 (W/GST $321)

Opening of Singapore bank account ***

Free for OCBC

Free for OCBC

Free for OCBC

Free for OCBC

Nominee Director ****, @@@@@

Not applicable

$2,000 (W/GST $2,140)

Temporary –

$1,000 (W/GST $1,070) for 4 months

Not applicable

 

Refundable Deposit

Not applicable

$2,000

$2,000

Not applicable

Employment Pass *****

Not applicable

Not applicable

$1,000 (W/GST $1,070)

Not applicable

Entrepass *****; @@@@

Not applicable

Not applicable

Not applicable

$4,500 (W/GST $4,815)

TOTAL COMPANY SETUP COST (including nominee director security deposit)

$1,200 (W/GST $1,284)

$5,200 (W/GST $5,424)

$5,200 (W/GST $5,424)

$5,700 (W/GST $6,099)

^ If you can provide a local Singapore address as the registered address of the company, the fee will not be applicable for the local entrepreneur package.

* For Singapore company formation with corporate shareholder (e.g. subsidiary), an additional charge of S$100 (W/GST $107) per corporate shareholder is applied. For Singapore company setup with directors and shareholders more than 3 person or entity, extra charge of $100 (W/GST $107) per person or entity is applied. Kindly remind that there is no service available for setting up Company on a specific date. In the event of such request is given, we will try our best to fulfill it for goodwill purposes. However, we will not hold responsible for Any Loss or Damages incurred as a result of the setting up Company in a different date.

The directors and other company officers (secretary, auditors, CEO, Managing Director) may report an alternate address with the Registrar. The alternate address must be located in the same jurisdiction as the individual’s residential address. Therefore if the officer is a local resident, his alternate address cannot be a foreign address. The alternate address cannot be a P.O. Box address and must be an address where the person can be contacted. An extra charge of $150 (W/GST $160.50) per officer per alternate address will apply.

** Renewable at S$300 (W/GST $321) per annum for providing registered office address

*** For opening of bank accounts for a sole-director Company with physical presence (please note that most banks would usually require physical presence by at least one director), we can assist free-of-charge if you open bank account(s) with OCBC bank. If you are arranging for bank account(s) to be opened at your own preferred bank by yourself, please be reminded to let us have a copy of the signed banks standard form containing the resolution to open the account(s) for our records. For opening of bank account(s) at your own preferred bank which require our nominee director/secretary to sign on the bank account opening forms, a directors resolution must be prepared to authorise the director/company secretary to sign on behalf of the Company and the bank documents are completed by the banker and signed in our office. Our fees for assisting in the preparation of the resolution and signing on the bank documents is from $100 (W/GST $107) depending on the bank.

Kindly be reminded to check with your bank whether they will allow the documents to be signed without physical presence in the bank branch. If you require our nominee director/secretary to provide outgoing signing of documents at the bank branch, an extra charge from $250 (W/GST $267.50) is applicable.

For opening of bank accounts for a company with 2 directors or more (excluding our nominee director), please arrange for a minimum of 2 directors to be present for the bank account opening as per banks requirement. In the event that only 1 of your directors is able to be present, you will have to arrange for another director to have his signature verified at an oversea branch of the bank. However, please note that not all bank will have such option of signature verification at their oversea branch and such verification at oversea branch will generally have a lower approval rate.

For bank account opening process, we can only provide documents certification services including copy of passport/NRIC only if the bearers are present in our office and the original documents are produced. Extra charges will apply. For companies with corporate shareholders, the banks will require the registration documents of the corporate shareholders and they must be notarised by a notary public, practising accountant or lawyer who are registered and searchable via their professional website. If we are required to provide further certification on these documents, we will require the local director (other than those using our nominee director services) to also certify on them and our extra charges will apply.

**** A company must have at least one Singapore citizen or Singapore permanent resident (PR) that resides in Singapore to act as a director of the company. If you need a nominee local director to register company in Singapore, a charge for S$2,000 (W/GST $2,140) per annum is applied plus a refundable security deposit of S$2,000.

***** Includes maximum of 2 appeals within 3 months from the date of rejection as per MOMs guideline. The application for the Singapore Employment Pass can only be submitted after the incorporation of a company. You will no longer need for the nominee director services once your employment pass is approved.

@ An additional charge of S$100 (W/GST $107) is applicable for converting a sole proprietorship to a private limited company. (Three working days are normally required by ACRA to complete the conversion). Click Sole Proprietor vs Company for more details.

@@ FREE copies of e-certificate of Incorporation. There will be an additional charge of S$150 (W/GST $160.50) should you require a hardcopy of Certificate of Incorporation from ACRA.

@@@ Kindly inform us should you intend to register for GST after company incorporation. For those engage our nominee director services, you will require to pay an extra security deposit in order to register your Company with GST. Click Goods and Services Tax (GST) for more information and the charges.

@@@@ $3,000 bankers guarantee is require upon approval of Entrepass. For more information, please refer to Singapore Entrepass. Singapore Company Setup can process after the Entrepass is approved.

@@@@@ It is our Companys policy that our nominee director will not be involved in your business operation therefore if your business is required to apply for a licence, our nominee director will have to step down when you are ready to proceed with the licence application. Most licence application will need to be signed and submitted by a local key executive personal/director therefore you will need to have such person to act for your company and apply for the licence. In certain cases such as if you are in the food and beverage business you will be required to apply for business licence(s) first to support your work pass application. Hence, our nominee director will only act for the incorporation in order for you to employ your own local director to assist you with the licence and work pass application. Most businesses do not require licenses or permits to operate, there are handfuls that do, as they are regulated by the approving authorities. Some of these are private schools, travel agencies, liquor distributors, moneylenders, banks, childcare centres. For more information, please see Business License Application.

3E Accounting understands that you want to get started right away and register Company in Singapore. We are small enough to nimbly respond to all of your needs, yet big enough to provide all the services a new corporation requires. Don’t miss critical business opportunities due to red tape for business incorporation in Singapore! Trust 3E Accounting to support your speedy corporate launch with a unique package of services available nowhere else in Singapore. 3E Accounting offers the most comprehensive company incorporation package in the whole of Singapore:

  • Payment of professional fees for the company incorporation
  • ACRA company name check and reservation worth S$15 (unlimited check of company names)
  • ACRA incorporation fee worth S$300
  • FREE first year “.com” domain name registration (upon incorporation, sent your request to: info@itsolution.com.sg for registration)
  • FREE standard Constitution (formerly known as Memorandum & Articles of Association; The memorandum and articles will be merged into a single document called the constitution with effective from 3 January 2016)
  • FREE first board resolutions
  • FREE issuance of share certificates
  • FREE business profile
  • FREE copies of e-certificate of Incorporation
  • FREE resolution to open a company bank account
  • FREE one round self-inking stamp worth S$27
  • FREE one company seal worth S$84
  • FREE one-year corporate secretary services worth $700 (W/GST $749)
  • FREE OCBC bank introduction and account opening services in Singapore
  • FREE advisory on compliance requirements
  • FREE tax planning and GST advice by Our Certified Tax Agent and GST Agent
  • FREE monitoring of filing deadlines for one year by our Compliance Officer through email and call
  • FREE incorporation consultation services
  • FREE 12 months shared fax number
  • FREE 3 months dedicated call forwarding services worth S$30 (activation upon request)
  • FREE advice to access government grants for technology purchases – 60 percent cash grants are available
  • FREE annual return submission to ACRA
  • Providing a qualified accountant as the nominee company secretary of your company
  • Preparing minutes of first annual general meeting (AGM)(ACRA)
  • Add on a 12 months registered address services at Goldhill Plaza at the price of $300 (W/GST $321) only. For package detail, please click Registered Address Services.

 

INFORMATION REQUIRED

To incorporate a company, the following information must be submitted to us at info@3ecpa.com.sg. Alternatively, you can complete the Online Incorporation Form and send to us:

  • The preferable incorporation package
    • Local Entrepreneur
    • Foreign Entrepreneur Without Relocation
    • Foreign Entrepreneur With Employment Pass
    • Foreign Entrepreneur With EntrePass
  • Three proposed company names
  • A principal activities description (maximum of two activities)accompanied by the appropriate SSIC Code, if any (you can look up SSIC Codes here or 3e can assist you: Search SSIC Code for Business Activity)
  • For Locals – Copy of Local Singapore NRIC of the proposed Companys director(s), shareholder(s), beneficial owner(s) if any. We provide Nominee Director Service if required. For Employment Pass holder, please provide us your passport, work pass, proof of residential address in Singapore.
  • For Foreigners – Copy of passport, proof of foreign residential address and national identity card, if any, of the proposed Companys director(s), shareholder(s), beneficial owner(s) if any. (There is no foreign shareholder restrictions in Singapore – a foreigner is allowed to own 100 percent shareholding in the company)
  • If the shareholder is a corporate entity, please provide the corporate shareholders copy of the registration documents containing the Certificate of Incorporation, Memorandum & Articles of Association/Constitution and Certificate of Incumbency or equivalent document (Click Certificate of Incumbency to download the sample). If the shareholder of the corporate shareholder is also a corporation, please provide a similar set of the registration documents as mentioned earlier. Such requirement is necessary for all corporate shareholders until the ultimate individual shareholder(s) is/are identified. Please also provide details of the corporate representative(s) of all corporate shareholder(s) together with written documents showing the authorisation given by the corporate shareholder(s) to the corporate representative(s). (The chances of an Employment Pass application depend on the credentials of the holding company even though it is not the key consideration criteria. We do not guarantee any approval of your work pass application with holding company structure as all approval are subject to the discretion of the Ministry of Manpower)
  • A breakdown of shareholders percentages if there is more than one shareholder.
  • Kindly provide us the information about the beneficial owner if he/she is not listed as the named shareholder.
  • Amount of paid-up share capital (liability of the shareholder — minimum of SGD $1)(We recommend a paid up share capital of $100,000 if you are applying for an employment pass; however please be reminded that this is a non-key-consideration factor and there is no guarantee of an approval of your work pass with high share capital amount).
  • An address proof of Singapore registered office address(registered office address or physical office address), if any. We provide Registered Office Service if required.
  • All Applicant, director, shareholder and beneficial owners contact information (name, telephone, email, etc.)
  • Kindly confirm all the directors, shareholders, beneficial owners, and agents (if any) are not Politically exposed person. ####
  • Address of principal place of business (i.e. place where the business operation is being/to be carried out)
  • What is the source and origin of funds used/to be used in the business? (e.g. Employment / Business / Investment income from Singapore)
  • Expected location of Singapore Company’s customers and suppliers

Additional Information required for clients Who Engaged an Agent to act on their behalf

  • Agents contact information (name, telephone, email, etc.)
  • Agents Copy of passport, proof of foreign residential address and national identity card, if any
  • Agents copy of the registration documents containing the Certificate of Incorporation, and Certificate of Incumbency or equivalent document (Click Certificate of Incumbency to download the sample), if any
  • Copy of the Authorization letter that the customer has appointed the agent to act on his behalf

Additional Information required for Foreigner Who Engaged our nominee director services

For foreigner who engaged our nominee director services, kindly provide the extra information of the foreign directors, shareholders and beneficial owners as follows for Singapore company formation:

  • Director(s), Shareholder(s) and Beneficial Owner(s) personal bank reference letter (see Sample bank reference letter) / recent personal bank statement which is less than 2 months
  • Director(s), Shareholder(s) and Beneficial Owner(s) resume / CV
  • For self employed, kindly provide the information about Director(s), Shareholder(s) and Beneficial Owner(s) current businesses / companies (i.e. Company web site, company brochure, certificate of incorporation, business profile, company bank statement, and latest financial statement)
  • If Director(s), Shareholder(s) and Beneficial Owner(s) are working, kindly provide the information about their current occupation (i.e. confirmation letter or testimonial from your current employer or your employment contract; and latest notice of personal income tax assessment)
  • Kindly provide us the estimated annual turnover of the Singapore Company. Kindly provide us the estimated breakdown for the revenue generated from Singapore and Overseas.
  • Will the business operation based in Singapore. If not, do you need a Singapore bank account. If yes, please provide the reason.
  • What is the purpose of setting up the Company in Singapore (e.g. running of business / investment holding / any other purposes)
  • Will you hire any local staff in Singapore after the Company is setup?

Notes

# Every person who, being an undischarged bankrupt (whether he was adjudged bankrupt by a Singapore court or a foreign court having jurisdiction in bankruptcy), shall not act as a director of, or directly or indirectly takes part in or be concerned in the management of, any corporation, except with the leave of the Court or the written permission of the Official Assignee. If found guilty, the person shall be liable on conviction to a fine not exceeding S$10,000 or to imprisonment for a term not exceeding two years or to both.

## Kindly remind that your Company is automatically register as Statutory Member of SBF if your authorised share capital is above $500,000. As a member of SBF, your company would required under the SBF Act to pay subscription fees ranging from $300 to $800 per year, in accordance to your companys paid up/authorised share capital.

### Kindly remind that we will not be able to act as your Company Nominee Director should you are citizen or in connection with or born in the countries which is under the US Sanctions list. Kindly view Sanctions Programs and Country Information for the list. Should we discover you are fall under the US Sanctions list and not disclosed to us, your deposit will be forfeited and the Company will be closed down upon discovery.

#### Politically exposed person means an individual who is or has been entrusted with any prominent public function in Singapore or a foreign country, or an individual who is or has been entrusted with any prominent public function by an international organisation, and includes an immediate family member or close associate of such an individual.

 

STEPS TO INCORPORATE

Steps for In-Person Company Incorporation

1) Visit our office to submit your information as required above.
2) Make your cash payment.
3) Your company will be setup within two hours!

Steps to Incorporate Via Email

1) Complete the Online Incorporation Form / Email us the information as required above and submit your NRIC copies (for local individual) or passport copies, proof of foreign residential address and national identity card if any (for foreigner) or Certificate of Incorporation and Memorandum & Articles of Association (for corporate shareholder) to us at info@3ecpa.com.sg
2) We will check the availability of the company name and get back to you within 24 hours.
3) Once the information is received and the name is confirmed, we will email you our invoice for payment. Upon receipt of payment, the company name will be reserved at your request.
4) We will then email you all the documents for signatures.
5) Upon receipt of the scanned signed documents, we will need 24 hours to perform the basic verification of your identity.
6) Once the verification is done, we will proceed to incorporate the company within two hours.
7) Once the Singapore company setup, we will email you all the completed documents (i.e. Constitution / Memorandum & Articles of Association, business profile and various other documents). For fast delivery, we can courier the company stamp to your designated address or you may collect the stamp at our office.

Should you have any questions about Singapore company formation, please email us at info@3ecpa.com.sg and we will promptly reply within 24 hours.

 

MORE INFORMATION ABOUT SINGAPORE COMPANY FORMATION

You may refer to the Singapore Company Incorporation FAQ for Frequently Asked Questions Regarding Singapore Company Incorporation.

You may refer to the Guide to Singapore Company Registration for more information.

You may refer to Comparison of Work Pass to find the right work pass for yourself.

You may refer to Corporate Compliance Requirement to understand more about Compliance Requirement in Singapore such as GST registration, CPF activation and etc.

You may refer to Corporate Tax Planning to understand more about Tax Planning for Company in Singapore.

You can refer to Latest news in Singapore for the news relevant to business incorporation Singapore.