Singapore remains one of the most business-friendly countries in the world, and in 2025, it continues to attract entrepreneurs and investors with its strategic location, robust legal system, favorable tax environment, and digital-forward infrastructure. If you’re planning to start a business in Asia, registering a company in Singapore could be your best move.
In this comprehensive guide, we’ll walk you through everything you need to know about Singapore company registration in 2025, including legal requirements, procedures, costs, timelines, and benefits.
Why Choose Singapore for Company Registration?
Before diving into the registration process, let’s explore why Singapore is such a preferred destination for startups and multinational corporations alike:
- Ease of Doing Business: Ranked consistently among the top in global business indices.
- Strategic Location: A gateway to ASEAN and Asia-Pacific markets.
- Attractive Tax Regime: Corporate tax capped at 17%, with numerous tax incentives.
- Political and Economic Stability: Transparent government policies and strong IP protection.
- Robust Digital Infrastructure: Digital tools make incorporation fast and seamless.
Types of Business Entities in Singapore (2025)
Singapore offers multiple options for company registration depending on the nature and size of your business. The most common types in 2025 include:
- Private Limited Company (Pte Ltd)
- Most popular and scalable structure.
- Limited liability protection for shareholders.
- Ideal for both local and foreign entrepreneurs.
- Sole Proprietorship
- Easy and low-cost setup.
- Owned by a single individual.
- No legal separation between owner and business.
- Partnership
- General, Limited, and Limited Liability Partnerships.
- Suitable for small businesses with multiple owners.
- Subsidiary or Branch Office
- For foreign companies expanding into Singapore.
- Subsidiaries are treated as local entities.
Among these, the Private Limited Company remains the most recommended structure for entrepreneurs in 2025 due to its credibility, flexibility, and scalability.
Eligibility Requirements for Company Registration
To incorporate a business in Singapore, you must meet the following legal requirements:
1. Minimum Number of Shareholders
- At least one shareholder (can be an individual or a corporate entity).
- 100% foreign ownership is allowed.
2. Resident Director
- At least one director must be a Singapore resident (citizen, permanent resident, or holder of an Employment/EntrePass).
3. Company Secretary
- Must appoint a qualified company secretary within 6 months of incorporation.
- The secretary must be a resident of Singapore.
4. Paid-Up Capital
- Minimum S$1 paid-up capital.
- Can be increased anytime post-registration.
5. Registered Address
- Must have a physical address in Singapore.
- P.O. Boxes are not permitted.
Step-by-Step Process for Registering a Company in Singapore (2025)
Step 1: Choose a Company Name
- Must be unique, meaningful, and not infringe on trademarks.
- Name approval is done via ACRA’s BizFile+ portal and usually takes less than an hour.
Step 2: Prepare Required Documents
Some of the key documents needed include:
- Company Constitution
- Details of shareholders, directors, and secretary
- Registered address proof
- Identification documents of directors/shareholders
Step 3: Register with ACRA
All company registrations are submitted through the Accounting and Corporate Regulatory Authority (ACRA) via the BizFile+ portal.
Step 4: Receive Certificate of Incorporation
Once approved, ACRA issues a Unique Entity Number (UEN) and a Certificate of Incorporation via email. This is your official proof of company registration.
Step 5: Open a Corporate Bank Account
You can now open a bank account in Singapore. Leading banks like DBS, UOB, and OCBC offer tailored packages for startups and SMEs.
Step 6: Apply for Necessary Licenses
Depending on your industry, you may need additional business licenses (e.g., for food services, finance, or education sectors).
Do you know: Summitclimb is registered company In USA,UK and Nepal.
Digital Advancements in 2025
Singapore continues to digitize its company registration process. By 2025:
- BizFile+ offers 24/7 e-services, enabling real-time registration and compliance submissions.
- AI tools help in checking company name availability and compliance risk.
- Remote KYC options are available for foreign directors and shareholders.
- Integration with MyInfo Business allows seamless auto-filling of company data.
These enhancements reduce paperwork and improve turnaround time.
Costs Involved in Singapore Company Registration
Here’s a breakdown of the typical costs:
| Item | Cost (SGD) |
| Name Approval | Free |
| ACRA Registration Fee | $315 |
| Company Secretary (annual) | $300 – $600 |
| Registered Address (annual) | $150 – $400 |
| Nominee Director (if needed) | $2,000 – $5,000 |
| Corporate Bank Account Opening | Free or minimal |
| Tax Filing & Compliance Services | Varies |
Note: Many service providers offer company registration packages starting from SGD 800 to SGD 1,500, which include end-to-end assistance.
Post-Registration Compliance in 2025
Once your company is registered, maintaining compliance is essential. Here’s what to keep in mind:
1. Annual Filing
- File Annual Return with ACRA.
- File Corporate Tax Return with IRAS.
2. Holding of AGM (Annual General Meeting)
- Required unless exempted (small companies may be exempt).
3. Accounting Records
- Maintain financial records and bookkeeping.
- Appoint an auditor if revenue exceeds S$10 million.
4. GST Registration
- Compulsory if annual turnover exceeds SGD 1 million.
Can Foreigners Register a Company in Singapore?
Yes! Foreigners can register a business in Singapore with 100% ownership. However:
- You’ll need a local director or appoint a Nominee Director.
- For relocating to Singapore, apply for an EntrePass or Employment Pass.
- Hiring a local corporate services provider is highly recommended to simplify the process.
Benefits of Registering a Company in Singapore
- Low Corporate Tax: Effective rates can go below 10% with exemptions.
- Investor Confidence: Recognized globally for transparency and efficiency.
- Access to Capital: Strong venture capital and fintech ecosystems.
- No Currency Controls: Free flow of capital in and out of Singapore.
- Innovation Hub: Government grants and R&D incentives for tech startups.
Conclusion
Registering a company in Singapore in 2025 is easier, faster, and more beneficial than ever before. With a pro-business environment, world-class digital infrastructure, and flexible regulations, Singapore continues to be a prime destination for entrepreneurs and investors.
Whether you’re launching a startup or expanding a global enterprise, understanding the Singapore company registration process is your first step toward success. Engage with a local corporate service provider to ensure a smooth and compliant journey.
