UNIQUE PRIME CONSULTANT

Set Up Company in Singapore

Expert guidance for establishing and growing your company in Asia’s financial hub.

Set Up Company in Singapore

Incorporating a company in Singapore offers a strategic advantage for businesses looking to establish a presence in one of the world’s most dynamic and business-friendly environments. Known for its strong legal framework, political stability, and highly developed infrastructure, Singapore provides an ideal location for entrepreneurs and corporations to grow and thrive.

The incorporation process is straightforward and efficient, supported by a transparent regulatory system and a pro-business government.

Whether you’re looking to tap into Asia’s burgeoning markets or establish a global headquarters, Singapore’s favorable tax policies, strong intellectual property protections, and world-class financial services make it the perfect choice for your business expansion.

You able to gain access to a gateway of opportunities, enabling you to connect with international markets, attract global talent, and secure your business’s future in a premier global hub. The viability of doing business in Singapore and the region before deciding to set up a permanent establishment (Eligible for applying PR)

Processing time of establishing company in Singapore usually takes 5-7 business days*

*Subject to ARCA approval

Private Limited Company

Limited Partnership

Limited Liability Partnership (LLP)

Sole Proprietorship

Company Limited by Guarantee

Variable Capital Company (VCC)

Representative Office

Branch Office /Foreign Branch

Types of business structures in Singapore

Unique Prime's Steps for establishing company in Singapore

Understand your business objectives, the industry you will operate in, and any specific needs or requirements for your Singapore company.

Determine the most appropriate business structure for client
Reserve your desired company name with the Accounting and Corporate Regulatory Authority (ACRA) to ensure it is available and meets the regulatory requirements.
All required documentation will be prepared and ready for submission to ACRA.
Submit the incorporation documents to be reviewed by ACRA. If everything is in order, the company will be incorporated within 1-2 business days.

You will also receive a Unique Entity Number (UEN).
Appointing a Company Secretary: Must be appointed within 6 months of incorporation.

Maintaining a Registered Office: Must be operational during normal business hours.

Financial Records: Mandatory for filing annual returns and taxes.

Opening a Corporate Bank Account: Facilitates the management of your company’s finances.
Finalize the company’s governance and operational structure, including appointing directors, issuing shares, and establishing internal processes.

Especially, corporate structure that aligns with your business strategy.
Identify and apply for any industry-specific licenses or permits required for your business operations in Singapore.
If your projected revenue exceeds SGD 1 million, or if you wish to voluntarily register for GST, must submit tax application to IRAS.
Comply with Singapore’s employment regulations.
Annual General Meeting (AGM)

Filing Annual Returns

Tax Filing

Auditing process

List of documents for Singapore company incorporation

1. Company Name Approval

Ensure the desired company name is approved by the Accounting and Corporate Regulatory Authority (ACRA) before proceeding with registration.

2. Memorandum and Articles of Association (MAA)

This document outlines the company’s structure, governance, and the rules governing its operations. It needs to be signed by the initial shareholders and directors.

3. Particulars of Directors and Particulars of Shareholders

For Particulars of Directors

Full name, nationality, and residential address of each director.
A director’s declaration of consent to act as a director.

For Particulars of Shareholders

Full name, nationality, and residential address of each shareholder.
Details of the shares they hold.
If a corporate shareholder, you will need the company's name, registration number, and registered address.

4. Company Secretary

The name and particulars of the appointed company secretary. Every Singapore-incorporated company must appoint a company secretary within 6 months of incorporation.

5. Registered Office Address

A physical address in Singapore where official correspondence will be sent. This address must be operational during normal business hours.

6. Share Capital Details

Information on the total amount of initial share capital and the division of shares among shareholders.

7. Identification and address proof for Directors, Shareholders, and Secretary

Must have at least one Singaporean citizen or Permanent residence

Copy of Passport or Singapore Identity Card (NRIC) document.
Proof of Residential Address: Recent utility bill, bank statement, or other official document showing the residential address (dated within the last 3 months).

8. Identification and address proof for Directors, Shareholders, and Secretary

Consent to Act as Director: Each director must sign a consent form.
Consent to Act as Secretary: The company secretary must also sign a consent form.

9. Employment Pass or Entrepreneur Pass (if applicable)

The director or key executive is a foreigner intending to reside in Singapore, an Employment Pass (EP) or Entrepreneur Pass (EntrePass) application may be required.