A Singapore private limited company is incorporated with ACRA through BizFile+. It needs at least one locally resident director, at least one shareholder, a local registered address, and a company secretary appointed within six months. Paid-up capital can start from S$1. The corporate tax rate is 17% with partial exemptions. Indian residents invest under FEMA overseas investment rules.
Requirements
- One locally resident director
- One or more shareholders
- Local registered office
- Company secretary
Incorporation steps
- Name approval through BizFile+.
- File incorporation with constitution and officer details.
- Receive certificate and UEN.
- Open a corporate bank account.
Ongoing compliance
- Annual general meeting and annual return with ACRA
- Corporate tax filings with IRAS
- GST registration above threshold
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Get expert help →Indian angle
Resident Indians report the investment under FEMA ODI rules and disclose foreign assets in Indian tax returns.
Frequently asked questions
Can a foreigner be the only director?
No. At least one director must be ordinarily resident in Singapore; nominee director services are commonly used.
How fast is Singapore incorporation?
Often within a day once documents are ready, though bank accounts can take longer.
Is there a minimum capital?
No meaningful minimum; companies can start with S$1.
Why do startups choose Singapore?
Stable laws, investor familiarity, tax treaties and ease of doing business.
Let Leegal handle your Company Registration Singapore
Documentation, filing and follow-up by a dedicated expert, so you can focus on running your business.
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