How to Register a Company in Singapore: A Step-by-Step Guide

 

How to Register a Company in Singapore: A Step-by-Step Guide

"Singapore is consistently ranked one of the world's easiest places to do business — but knowing the exact steps makes all the difference between a smooth launch and costly delays."

Starting a business in Singapore is one of the smartest moves an entrepreneur can make. With its transparent regulatory framework, low corporate tax rates, and strategic position in Southeast Asia, Singapore has long attracted founders from around the world. But even here, the registration process has specific requirements you must follow.

What You Need Before You Start

• A proposed company name (ACRA-compliant)
• At least one local director (Singapore Citizen, PR, or valid work pass holder)
• A registered local address
• A minimum paid-up capital of S$1
• A company constitution

Step-by-Step Registration Process

Step 1 – Name Application: Submit your proposed company name via ACRA's BizFile+ portal. Approval typically takes 15 minutes to 2 hours if no issues arise.

Step 2 – Incorporation: Once the name is approved, file your incorporation documents. You'll need the Memorandum and Articles of Association (or a model constitution), details of shareholders and directors, and the company secretary's particulars.

Step 3 – Post-Incorporation: Open a corporate bank account, register for GST if your projected turnover exceeds S$1 million, apply for relevant business licenses, and set up your accounting system.

Common Mistakes to Avoid

• Using a personal address as the registered office
• Forgetting to appoint a company secretary within 6 months
• Misclassifying your business activity (SSIC code)
• Not understanding director responsibilities under the Companies Act

Delom makes incorporation fast and stress-free. Our team handles name search, document preparation, ACRA filing, and post-incorporation setup — so you can focus on building your business. Visit www.delom.com.sg to get started.