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Incorporating a Company in Singapore as a Foreigner

​​Singapore welcomes foreigners who want to start a business. You can own 100% of the company without needing a local partner. To incorporate, you must appoint at least one local resident director — a Singapore citizen, permanent resident (PR), or someone with an eligible visa (like an EntrePass holder).

Podwerx is an excellent choice for corporate secretary services, known for its dedication to professionalism and efficiency. We can set your company within 6 working days, subject to certain conditions. We are a certified Corporate Service Provider.

ACRA

Expertise in Regulatory Requirements

We are well-versed in Singapore's Companies Act and ACRA regulations. Their knowledge ensures compliance and minimizes delays caused by incomplete or incorrect submissions.

Guide to Setting Up a Company in Singapore

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Choose a Business Structure

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Choose a Company Name

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Fulfill Requirements on Shareholders

Overlooking the Mist

Fulfill Requirements on Director

Office Furniture

Have a Registered Office Address

Office Meeting

Decide on Share Capital

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Engage a Corporate Secretary

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​Know Your Customer (KYC) checks by corporate secretary

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Incorporation of Company

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Open a Corporate Bank Account

Here’s a step-by-step guide to help you understand the essentials of incoporating a company:

Key Requirements for Foreigners

01

Appoint a Local Director

Every Singapore-incorporated company must have at least one local director who is a Singapore citizen, Permanent Resident, or holder of an EntrePass, Employment Pass, or Dependent’s Pass. Foreigners can also serve as additional directors.

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