Thinking of launching your own venture but not sure where to start? Whether you’re building a side hustle, launching a passion project, or turning your skills into a business, we help first-time Singaporean founders open a Private Limited Company (Pte Ltd) quickly and affordably. From choosing your company structure to fulfilling ACRA requirements, we guide you every step of the way.

Our all-in-one service handles your company formation, business filing, and corporate secretary needs—so you stay compliant from day one. Whether you’re working solo or planning to grow a team, we’ll make sure you start your business on the right legal and financial footing.

Incorporating a company in Singapore offers more than just a prestigious address—it gives your business a launchpad in one of the world’s most trusted financial and innovation hubs. With a transparent regulatory framework, low corporate tax rates, full foreign ownership allowed, and extensive free trade agreements, Singapore consistently ranks among the easiest places in the world to do business. Whether you’re a solo entrepreneur, a scaling startup, or an international company expanding into Asia, setting up in Singapore sends a strong signal of credibility to partners, clients, and investors.

Incorporating a company in Singapore is a relatively straightforward process, but there are several key requirements you must fulfill. First, you’ll need a unique company name that must be approved by ACRA. The company must have at least one director who is a resident of Singapore—this includes Singapore citizens, permanent residents, or foreigners holding an Employment Pass or EntrePass. You’ll also need at least one shareholder, who can be an individual or a corporate entity; 100% foreign ownership is allowed.

Appointing a qualified company secretary who resides in Singapore is mandatory within six months of incorporation. Additionally, the company must have a registered local business address, which cannot be a P.O. box. While the minimum paid-up capital is just S$1, it’s advisable to declare a higher amount to enhance your credibility, especially when applying for work passes or opening a bank account. You must also prepare a company constitution, which outlines the rules governing the business. If you’re a foreigner looking to incorporate without relocating, a nominee director will be required. With proper guidance, meeting these requirements is seamless—and our team is here to ensure every detail is handled for you.

To incorporate a company in Singapore, you’ll need to prepare a set of essential documents and information for submission to ACRA. These include the proposed company name, the intended principal business activities (using SSIC codes), and the company’s constitution, which outlines its internal governance. You’ll also need identification documents for all directors and shareholders, such as passport copies for foreigners and NRIC for locals, along with their residential addresses, email addresses, and contact numbers.

If your shareholder is a corporate entity, you must provide the Certificate of Incorporation and relevant company resolutions authorizing the investment. A signed consent form from each director and company secretary must also be submitted, indicating their agreement to serve in their respective roles. Additionally, some banks and regulatory bodies may request a recent utility bill or proof of address and a photo of the director holding their ID for verification. Ensuring these documents are accurate and complete will help expedite the incorporation process, and our team can guide you every step of the way to avoid delays.

When starting a business in Singapore, it is important to choose the right business structure to suit your goals, operations, and legal requirements. The most common types of business structures in Singapore are the Private Limited Company (Pte. Ltd.), Limited Liability Partnership (LLP), Sole Proprietorship, and Partnership. Each structure offers different advantages in terms of liability, tax treatment, and ownership requirements, so selecting the most appropriate option is crucial for your business success.

The Private Limited Company (Pte. Ltd.) is the most popular choice for entrepreneurs and foreign investors in Singapore due to its limited liability protection, scalability, and favorable tax treatment. With a Pte. Ltd., shareholders’ liability is limited to the amount they have invested in the company, and the business can raise capital through the issuance of shares. It is the preferred option for businesses looking to expand and hire employees, and is also the structure required for applying for an Employment Pass (EP). Sole Proprietorships and Partnerships are more suitable for small businesses, as they do not offer limited liability protection and are typically easier to set up but come with higher personal risk.

We specialize in providing full-fledged services for company incorporation in Singapore, guiding you through the entire process from start to finish. Whether you’re setting up a Private Limited Company (Pte. Ltd.) or a Limited Liability Partnership (LLP), our team will assist you in selecting the most suitable structure based on your business objectives and long-term goals. We handle all aspects of the company registration process, ensuring compliance with the Accounting and Corporate Regulatory Authority (ACRA) and other regulatory requirements. In addition to company incorporation, we offer a range of services including tax advisory, nominee director services, business licenses, and ongoing compliance support, giving you peace of mind as you grow your business in Singapore. With our expertise, you’ll confidently navigate the complexities of business setup, ensuring operational efficiency and compliance every step of the way.

The Employment Pass (EP) is a work visa issued by Singapore’s Ministry of Manpower for foreign professionals, managers, and business owners who wish to live and work in Singapore. It is commonly required when a foreigner incorporates a company and plans to be actively involved in its operations. To qualify, applicants must earn a minimum fixed monthly salary and meet specific educational or professional criteria.

If you are a foreigner starting a business in Singapore and intend to relocate, the EP is essential for taking on a directorial or executive role in your company. Without it, you can register the business but cannot legally work in Singapore unless you appoint a local director. We assist entrepreneurs with both company incorporation and EP applications, helping ensure your business and relocation plans are aligned and compliant from the start.

Opening a corporate bank account is a crucial step after incorporating your company in Singapore. It allows you to receive payments, manage business expenses, and maintain financial transparency—all of which are essential for tax filing, investor credibility, and overall operations. Most local banks such as DBS, OCBC, and UOB require directors to undergo KYC (Know Your Customer) checks, and may request supporting documents such as the company’s business profile, constitution, and proof of business activity.

Due to increased regulatory scrutiny, especially in cases involving foreign ownership, banks may assess whether the business has a genuine presence in Singapore. This can include reviewing your local office setup, website, or staffing plans. At Paul Hype Page, we guide clients through the entire bank account opening process, offering tailored support to improve approval success—whether through remote onboarding or preparing essential documentation that demonstrates the legitimacy of your Singapore company.