Benefits of Incorporating a Company in Singapore
Incorporating a company in Singapore offers valuable protection for business owners against legal and financial risks. Additionally, other benefits aligned with Singapore that can be derived from company incorporation are:

Startup Tax Exemptions
Startup Tax Exemptions (75%) on the first $100,000 and (50%) on the next $100,000 net profit amounting to $125,000 Tax Exempted for the first 3 years.
Partial Tax Exemptions
Partial Tax Exemptions (75%) on first $10,000 and (50%) on next $190,000 of net profit amounting to $102,500 Tax Exempted (if startup tax exemption is not applicable).
Limited Liability
Limited Liability (Limited to pay up compensations only up to your indicated paid-up capital).
Asset Protection
Personal Assets of Directors or Shareholders will not be implicated.
** Subject to the "system of lifting the corporate veil",
Eg: Officer or Shareholders whom committed fraud.
Company Incorporation Requirements in Singapore
To quickly and legally incorproate a Company in
Singapore, below requirements must be met:
Approved Company Name & Principal Activities
At least 1 Director & Shareholder
Trained Company Secretary
Local Registered Office Address
$1 Minimum Paid Up Capital
Let our experts handle your company registration
and compliance with ACRA regulations
Get 1-year Free Company Secretarial Service (Worth $500) and $200 off with our Services!
Our Promise in Company Incorporation Service
At Margin Wheeler, we provide cost-effective service packages for Singapore company formation.
We assist businesses in achieving their entrepreneurial goals.
Our incorporation services encompass:
Administrative
- Company Name Search
- Reservation of Company Name
- Registration Forms
-
Full Registration with ACRA
(incl. $315 of govt. fees)
Services
- Auto Email Filing Reminder
- Minutes of Annual General Meeting
- Maintenance of Register of Registrable Controllers & Nominee Directors
- Appointment of Named Secretary
- Constitution
- Business Profile
- E-Certificate of Company Incorporation
- 1st Board Meeting
- Company Share Certificates
Advisory
- Exclusive Relationship Manager attached to each Company
- Unlimited Incorporation and Company Secretary Advice
- Advisory on Compliance Requirements
Others
- Free Courier Service for Signing of Incorporation Documents
- 12 Months Registered Address at Vision Exchange (Additional $180)
Start Your Singapore Company for just
$800
Full Incorporation & 1 Year Corporate Secretary Included
Everything you need to register your Singapore company, professionally handled from start to finish.
$500 worth of Corporate Secretary service included
ACRA disbursement fee covered ($315)
Unlimited advisory
Dedicated Registered Manager
Incorporation Essentials
Company name reservation
UEN insurance
Model constitution adoption
RORC maintenance
Corporate Secretary Support (1st year included)
Appointment of corporate secretary (first year included)
Preparation of first board resolution
Share certificate issuance for all shareholders
Business & Bank Setup
Paid-up capital assistance
Company business profile from ACRA
Assist with facilitation of corporate bank account opening
Premium Support
Unlimited Incorporation & Company Secretary Advice
Dedicated Relationship Manager
- + SGD $200 for companies with foreign sharheolders or directors
- Additional charges may apply for:
1. Custom Constitution drafting
2. Nominee Director services
3. GST registration support
4. Registered Address service
How to Register a Company in Singapore - in
Just 3 Simple Steps
Skip the complexity. We’ve broken down the incorporation process into three fast, fuss-free steps. No legal jargon or unnecessary delays.
Submit Incorporation Form & KYC Documents
Complete our incorporation form and attach your KYC documents — all in one go. This provides the key details we need to initiate your company registration.
Sign Incorporation
Documents
We’ll prepare all required legal paperwork and send it to you for e-signing. Clear, compliant, and hassle-free — no confusing legal terms.
Make Payment & Get Incorporated
Once payment is confirmed, we’ll proceed to register your company with ACRA. Most businesses are incorporated within 1–2 working days.
Types of Companies You Can Incorporate
Private Limited Company (Pte Ltd)
A Private Limited Company (Pte Ltd) is the most common business entity in Singapore, favored for its scalability and tax advantages. It operates as a separate legal entity from its shareholders and directors, providing limited liability protection.
Pros
- Shareholders are only liable up to their share capital
- Lower corporate tax rates (0% to 17%) with tax exemptions for new companies
- Can be wholly owned by local or foreign individuals or entities
- Eligible for government grants and incentives
- Can own property and enter contracts in its own name
Cons
- Subject to annual compliance and reporting requirements
- Maximum of 50 shareholders allowed
- Shares are not publicly traded
Branch Office
A Branch Office is an extension of a foreign parent company and is not considered a separate legal entity. It operates under the name of the parent company and conducts business on its behalf in Singapore.
Pros
- 100% foreign ownership is allowed
- Can engage in profit-generating activities in Singapore
- No paid-up capital requirement
Cons
- The parent company is fully liable for all liabilities and debts of the Branch Office
- Not eligible for local tax incentives and grants
- Requires appointment of at least one local resident representative
Partnership
A Partnership is formed when two or more individuals or entities agree to run a business together. There are 3 main types: General Partnership (GP), Limited Partnership (LP), and Limited Liability Partnership (LLP), each with varying levels of liability protection.
Pros
- Shared responsibilities and decision-making
- Easy and cost-effective registration process
- LP and LLP structures provide limited liability options
Cons
- Partners may be personally liable for business debts (except in LLPs)
- Potential for internal disputes among partners
- Profits are taxed as personal income
Sole Proprietorship
A Sole Proprietorship is the simplest and most cost-effective business structure, where a single owner manages and operates the business. However, the owner is personally liable for all business obligations.
Pros
- Easy and inexpensive to set up and maintain
- Full control over business decisions
- Minimal compliance requirements
Cons
- Partners may be personally liable for business debts (except in LLPs)
- Potential for internal disputes among partners
- Profits are taxed as personal income
Hear From Our Satisfied Clients
Frequently Asked Questions
To incorporate a company in Singapore, you must first choose a company name and submit it for approval to the Accounting and Corporate Regulatory Authority (ACRA). After the name is approved, you prepare the required incorporation documents (such as the Memorandum and Articles of Association, identification documents, and more). Finally, you file the application via ACRA’s online platform, BizFile+. Margin Wheeler can assist you at every step, from name reservation to the submission of all necessary documents, ensuring a smooth and compliant process.
- At least one resident director (a Singapore citizen, Permanent Resident, or an EntrePass/Employment Pass holder with a local residential address).
- A registered local address for the company.
- A company secretary who must be a resident in Singapore.
- A minimum of one shareholder (individual or corporate).
- A minimum paid-up capital of S$1.
- A properly approved company name before registration.
Margin Wheeler will advise on how to meet each requirement and provide nominee services if needed.
Common structures include sole proprietorships, partnerships, and private limited companies. A private limited company (Pte. Ltd.) is often the most popular for startups and SMEs due to its limited liability, tax benefits, and professional image. Deciding on the right structure depends on factors such as ownership preferences, liability concerns, and growth plans. Our team at Margin Wheeler can help you assess your business goals and choose the most suitable structure.
A Singapore Private Limited company (Pte. Ltd.) offers:
- Limited liability protection for shareholders.
- Attractive tax incentives (such as partial tax exemption schemes for startups).
- Credibility in the eyes of investors and financial institutions.
- Easier access to capital and growth opportunities.
Due to Singapore’s strong regulatory environment and business-friendly policies, many entrepreneurs and foreign investors find Pte. Ltd. entities a compelling choice.
You can reserve your preferred company name through ACRA’s BizFile+ portal. The name must not be identical or too similar to existing company names, and it must not infringe on any trademarks. It also must not be obscene or offensive. If the name is approved, it will typically be reserved for 120 days, during which you can proceed with the incorporation. Margin Wheeler can assist you in conducting name checks and reserving your name on your behalf.
The minimum paid-up capital is S$1 for a Singapore Private Limited company. However, certain industries or business activities may require higher minimum capital due to licensing requirements or regulatory constraints. We can advise you on the optimal paid-up capital based on your industry needs and growth strategy.
You need at least one shareholder (which can be an individual or a corporate entity). Singapore law allows for 100% foreign shareholding, meaning non-residents can own the entire company if they wish. A Private Limited company can have up to 50 shareholders.
Every Singapore company must have at least one director who is “ordinarily resident” in Singapore—this generally means a Singapore citizen, Permanent Resident, or someone holding an EntrePass/Employment Pass with a local residential address. Additional directors can be non-residents. If you do not have a local director, Margin Wheeler offers nominee director services to fulfill this requirement.
A corporate shareholder is a company or other legal entity that holds shares in another company. You only need a corporate shareholder if it aligns with your ownership or investment strategy (e.g., if you have a holding company or if an investor company is acquiring shares in your new entity). Margin Wheeler can help structure your shareholding to optimize benefits and compliance.
Typically, you need:
- Identification documents (passport/NRIC) of all directors and shareholders.
- Proof of address (utility bills, bank statements, etc.) for KYC and due diligence.
- Consent to Act as Director and company secretary forms.
- Constitution (formerly Memorandum & Articles of Association) of the company.
- Signed incorporation forms (for ACRA).
Our team can provide you with a comprehensive checklist and prepare the necessary documents on your behalf.
Once the name is approved and the documents are in order, incorporation can typically be completed within 1–3 business days. However, delays can occur if additional approvals are needed (e.g., for regulated industries) or if there are complexities in verifying the identities of foreign directors and shareholders.
You can check the company name availability in our "Check Company Name Availability" section above. Alternatively, you can perform a company search on ACRA’s BizFile+ portal using the company’s name or Unique Entity Number (UEN). The portal provides the entity’s registration status, incorporation date, and other basic company information.
Singapore offers attractive corporate tax rates (a flat 17% for chargeable income) and various tax exemptions for new startups. There are also extensive Double Taxation Avoidance Agreements (DTA) with many countries, minimizing tax burdens for international businesses. Furthermore, partial tax exemption and start-up tax exemption schemes provide additional incentives for eligible companies.
Yes, you must provide a local registered business address in Singapore. This address will be used for official correspondence and must be accessible to the public during normal business hours. Our incorporation package provides registered office address services if you do not have a physical office location in Singapore.
Yes, Singapore allows 100% foreign ownership. However, you still need at least one local director and a registered address in Singapore. If you plan to relocate and run the company onsite, you may need to apply for an Employment Pass or EntrePass. Our team can guide you through the visa application and incorporation process to ensure compliance.
- Consent to Act as Director and Company Secretary (acknowledging legal responsibilities).
- Shareholders’ agreement (if applicable) to clarify ownership terms, voting rights, and obligations.
- Constitution or Memorandum & Articles of Association.
- Any nominee director or resident director agreement if you’re using such a service.
Our consultant will provide templates and handle the documentation process to ensure everything is legally sound.
Enjoy $200 OFF on us! Discount available for the 1st Year of engaging in our Incorporation and Secretarial Services by using code MW2025