Company Formation in Singapore

Registration and Formation of a Company in Singapore

All companies in Singapore must be registered with the Accounting & Corporate Regulatory Authority (ACRA) and abide by the Companies Act.

While there are five different business entities to choose from, the most common and flexible business entity that can be set up in Singapore is a Private Limited Company.

Once the incorporation documents are ready and signed, we will register the company with Singapore’s company registrar, Accounting and Corporate Regulatory Authority (ACRA). The Singapore company registration process is conducted online and in most cases it takes less than an hour.

ACRA will issue the following official documents:

-e-Certificate of Incorporation. This is an official electronic document confirming the registration of a company in Singapore. The certificate shows (see sample) the name of the company, the date of the incorporation, and the company registration number called Unique Identification Number (UEN). A hard copy of the certificate of incorporation is not issued by ACRA by default; it is not required in Singapore for any purpose; the e-Certificate suffices.

-Business Profile. This document shows the corporate structure of the company. The information contained in the document includes the company’s primary business activity, registered address, details of shareholders and directors, and shareholding structure.

As soon as your Singapore company is registered, you can start conducting business under its name.

Companies incorporated in Singapore can also take advantage of a few government schemes to promote and grow their businesses. One example is the Enterprise Development Grant (EDG).

>> read more about Register your Singapore Company.

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