Singapore Company Types

There are many types of business entities in Singapore. Before registering, you should be aware of the kind of business entity that is best for your company.

According to the Singapore Business Registration Act, all individuals or institutions conducting business in Singapore are required to register with the Accounting and Corporate Regulatory Authority (ACRA), and any details about changes in the owner, managers or business partners must be made known to ACRA within the specified time period.

Singapore corporations include private and public limited companies

Exempt private company

Branch of an overseas company in Singapore

Representative Office of Overseas Company in Singapore

Sole proprietorship (self-employed)

Limited Partnership

Incorporation Process

1: Fill in the registration application form
Including: company name, registered address, main business scope, registered capital, directors, shareholders

2:Company name review
The company name can include words like “Singapore, Group, World”, but not sensitive words.

3:Open a bank account
OCBC /UOB/SC /DBS & Aspire digital bank /Airwallex Digital bank

4:Sign a contract
Sign a contract and pay the pre-scribed fees.

5:Incorporation
The company registration should be completed within 1-2 weeks .

6:Activating your Singapore Bank Account
You will receive the details of the company’s bank account after 2-3 weeks, and you may begin capital injection. You will receive your online banking details to activate the account in 2 weeks.