{"id":11556,"date":"2022-08-24T10:29:25","date_gmt":"2022-08-24T10:29:25","guid":{"rendered":"https:\/\/www.hashmicro.com\/blog\/?p=11556"},"modified":"2025-12-24T04:49:03","modified_gmt":"2025-12-24T04:49:03","slug":"register-a-company-in-singapore","status":"publish","type":"post","link":"https:\/\/www.hashmicro.com\/blog\/register-a-company-in-singapore\/","title":{"rendered":"How to Register a Company in Singapore"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The World Bank claims Singapore to be one of the best places to start a business. In fact, starting a business in Singapore takes much less time when compared to other places in the world. The process of it usually only takes up to three days. The procedure of <a href=\"https:\/\/sleek.com\/sg\/incorporation\/\" target=\"_blank\" rel=\"noopener\">incorporating a business in Singapore<\/a> is simple and without red tape.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, the government provides tax breaks to startups and assists them with a variety of programs during their early stages. Moreover, the country is also famous for having business-friendly laws and flexible immigration policies. As the cherry on top, they also have a simple method for filing taxes, just like what business owners need.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since Singapore does not allow a foreign individual\/entity to self-register their company, you will need to hire a service. After that, consider getting help from ACRA. ACRA stands for <\/span><a href=\"https:\/\/www.acra.gov.sg\/\"><span style=\"font-weight: 400;\">The Accounting and Corporate Regulatory Authority<\/span><\/a><span style=\"font-weight: 400;\">, a statutory body under the Singapore Government&#8217;s Ministry of Finance. In Singapore, ACRA is the regulatory body for business entities, public accountants, and corporate service providers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.hashmicro.com\/free-product-tour\/?medium=free-product-tour\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" width=\"712\" src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2025\/11\/Free-Product-Tour-resized.webp\" alt=\"Free Demo\"><\/a><\/span><\/p>\n<div id=\"toc_container\">\n<h2><b>Table of Content<\/b><\/h2>\n<ul class=\"toc_list\">\n<li><a href=\"#How\">How to Register a Company in Singapore<\/a><\/li>\n<li><a href=\"#Register\">How Long Does it Take to Register a Company in Singapore?<\/a><\/li>\n<li><a href=\"#Procedures\">Procedures to Register Company in Singapore<\/a><\/li>\n<\/ul>\n<\/div>\n<h2 id=\"1\"><b>How to Register a Company in Singapore<\/b><\/h2>\n<figure id=\"attachment_11561\" aria-describedby=\"caption-attachment-11561\" style=\"width: 441px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-11561\" src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-13-300x179.jpg\" alt=\"How to Register a Company in Singapore\" width=\"441\" height=\"263\" srcset=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-13-300x179.jpg 300w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-13-768x459.jpg 768w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-13-150x90.jpg 150w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-13-696x416.jpg 696w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-13.jpg 870w\" sizes=\"auto, (max-width: 441px) 100vw, 441px\" \/><figcaption id=\"caption-attachment-11561\" class=\"wp-caption-text\">Source: canva.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">For you to be able to register a company in Singapore, there are a few things you will need to follow before you are allowed to assemble your business in the country. According to <\/span><span style=\"font-weight: 400;\">Singapore Company Incorporation<\/span><span style=\"font-weight: 400;\">, here are some of the items you need to <a href=\"https:\/\/air-corporate.com\/blog\/7-steps-to-register-an-ecommerce-business-in-hong-kong\/\" target=\"_blank\" rel=\"noopener\">check off the list for registering a company in Singapore<\/a>:<\/span><\/p>\n<h3><b>Choose your business entity<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">While other structures are available, many new businesses choose to register with the Accounting and Corporate Regulatory Authority (ACRA) as &#8220;private limited companies&#8221; due to their scalability.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Additionally, shareholders are immune from liability for debts and losses over their share capital. Your business is recognized as a taxable entity once it is designated as such.<\/span><\/p>\n<h3><b>Set up your company<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The private limited company is governed by the Singapore Companies Act and is required to comply with the ACRA and the Singapore Inland Revenue Authority (<a href=\"https:\/\/www.hashmicro.com\/blog\/iras-approved-accounting-software\/\">IRAS<\/a>). Among the titles are:<\/span><\/p>\n<ul class=\"toc_list\">\n<li style=\"list-style-type: none;\">\n<ul class=\"toc_list\">\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The company will need ACRA approval in deciding the company name.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Minimum of one shareholder.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">At least one director must be a Singapore resident.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Additionally, the <a href=\"https:\/\/www.hashmicro.com\/blog\/professional-secretary\/\">Company Secretary<\/a> must be a resident of Singapore.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">At least S$1 in paid-up capital<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A physical office address is required as a registered address.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">You may purchase a Business Profile from ACRA as a newly incorporated Singapore company. This electronic report contains information about your business, such as your unique enterprise number (UEN), the date of registration, and the names of your shareholders. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This profile is a requirement to guide you to the next step, opening a corporate bank account. Not only that, but you will need it to apply for licenses and permits, and conduct background checks on prospective business partners.\u00a0<\/span><\/p>\n<h3><b>Open bank account<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">After you have successfully registered your business in Singapore, you will be able to open a corporate bank account with any of the banks in the country. You can select from several local and international banks. At the moment, there are over 150 banks and deposit-taking institutions in Singapore, as well as 45 banks with representative offices in the country.<\/span><\/p>\n<h3><b>Business licenses applications<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Finally, depending on the nature of the operations of your business, you will have to apply for business licenses. You will complete this process once you finish your business registration process, but before you begin operations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> If your annual revenue expects to exceed S$1 million, you must register for Goods and Services Tax, or GST (also referred to as value-added tax, VAT, in many countries). If your annual revenue does not exceed S$1 million, you are not required to register for GST.<\/span><\/p>\n<style>\r\n.cta-in-article-image .desktop-banner{\r\n    display: none;\r\n    text-align: center;\r\n}\r\n.cta-in-article-image .desktop-mobile{\r\n    display: block;\r\n    text-align: center;\r\n    width: 100%;\r\n}\r\n@media (min-width: 650px) {\r\n    .cta-in-article-image .desktop-banner {\r\n        display: block!important;\r\n    }\r\n}\r\n@media (min-width: 650px) {\r\n   .cta-in-article-image .desktop-mobile {\r\n        display: none!important;\r\n    }\r\n}\r\n<\/style>\r\n<div class=\"cta-in-article-image\">\r\n\t<a href=\"https:\/\/www.hashmicro.com\/grants?utm_source=blog&medium=banner-article\" target=\"_blank\" rel=\"noopener\">\r\n\t\t<div id=\"desktop-banner-container\">\r\n\t\t\t<div class=\"desktop-banner\">\r\n<!-- \tnew CTC Grants Banner\t\t -->\r\n\t\t\t\t<img decoding=\"async\" width='696' height='189' src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2025\/07\/CTC-Grants-scaled.webp\" alt=\"download skema harga software erp\">\r\n\t\t\t<\/div>\r\n\t\t<\/div>\r\n\t\t<div id=\"mobile-banner-container\">\r\n\t\t\t<div class=\"desktop-mobile\">\r\n\t\t\t\t<img decoding=\"async\" width='450' height='497' src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2023\/11\/EDG-Banner-Mobile.png.webp\" alt=\"download skema harga software erp\">\r\n\t\t\t<\/div>\r\n\t\t<\/div>\r\n\t<\/a>\r\n<\/div>\r\n\r\n\r\n\n<h2 id=\"2\"><b>How Long Does it Take to Register a Company in Singapore?<\/b><\/h2>\n<figure id=\"attachment_11562\" aria-describedby=\"caption-attachment-11562\" style=\"width: 426px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-11562\" src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-12-300x179.jpg\" alt=\"How to Register a Company in Singapore\" width=\"426\" height=\"254\" srcset=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-12-300x179.jpg 300w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-12-768x459.jpg 768w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-12-150x90.jpg 150w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-12-696x416.jpg 696w, https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-12.jpg 870w\" sizes=\"auto, (max-width: 426px) 100vw, 426px\" \/><figcaption id=\"caption-attachment-11562\" class=\"wp-caption-text\">Source: canva.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">To get the best answer to the question, you will need to fulfill all the requirements for the <a href=\"https:\/\/osome.com\/sg\/incorporation\/\" target=\"_blank\" rel=\"noopener\">company incorporation<\/a>. To establish a company, you need at least 1 shareholder, 1 resident director, 1 company secretary, an initial paid-up share capital of at least S$1, and a physical Singapore registered office address.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After you have fulfilled all of the above, you will have to already choose your business entity, and fully set up an internal, and a company bank account. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The last step is to register the company with all the requirements checked and a Singapore company registration service provider. Alternatively, businesses may also consider <a href=\"https:\/\/air-corporate.com\/hong-kong\/company-registration\/\" target=\"_blank\" rel=\"noopener\">Company Registration in Hong Kong<\/a> as an attractive option due to its favorable business environment and\u00a0tax\u00a0benefits.<\/span><\/p>\n<p>It may seem challenging, but registering your company can be completed in as little as one day. By integrating the <a href=\"https:\/\/www.hashmicro.com\/blog\/best-erp-software\/\"><strong data-start=\"207\" data-end=\"228\">best ERP software<\/strong><\/a> early in the process, you can streamline administrative tasks, manage compliance requirements more efficiently, and set a solid foundation for your business operations from the start.<\/p>\n<p><b style=\"color: #111111; font-family: Roboto, sans-serif; font-size: 27px;\">Procedures to Register Company in Singapore<\/b><\/p>\n<p><span style=\"font-weight: 400;\">For you to get a good grasp on how to register a company in Singapore, here are the steps from a Singapore company registration specialist you could follow:<\/span><\/p>\n<ul class=\"toc_list\">\n<li style=\"list-style-type: none;\">\n<ul class=\"toc_list\">\n<li style=\"list-style-type: none;\">\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The client (business owners) will need to complete the detailed onboarding incorporation form online to expedite the business registration process,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The business registration specialist will need to review your documentation to ensure that all required documents have been provided. Their compliance team will then conduct a due diligence review before approving the onboarding of the client.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Both parties will ensure the invoice,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The business registration specialist then will reserve the company name and upon approval prepare the required documents and the signing of incorporation documents by the client,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Upon completion, the company registration specialist then will incorporate the company with the Accounting &amp; Corporate Regulatory Authority of Singapore (ACRA),<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lastly, both parties will prepare for the company resolution and supporting documents for bank account opening.<\/span><\/li>\n<\/ol>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In conclusion, Singapore is a business-friendly country, where it has just the perfect advantages and privileges a business owner needs. Moreover, they have a great government service, which would ease up the process. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">After you have understood the process of how to register a company in Singapore, it is time for your business to expand its wings to one of the best countries for business. Consider getting <\/span><a href=\"https:\/\/www.hashmicro.com\/accounting\"><span style=\"font-weight: 400;\">accounting software<\/span><\/a><span style=\"font-weight: 400;\"> to automate the process of gathering the requirements for your company registration in Singapore.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Try the<\/span><a href=\"https:\/\/www.hashmicro.com\/free-product-tour\/\"><span style=\"font-weight: 400;\"> free demo<\/span><\/a><span style=\"font-weight: 400;\"> now for an instant experience.<\/span><\/p>\n<a href=\"https:\/\/www.hashmicro.com\/hash-core-erp?medium=moneysite-banner\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" width=\"712\" src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/03\/Hash-Core-ERP-scaled.jpg\" alt=\"Hash Core ERP\"><\/a>\n","protected":false},"excerpt":{"rendered":"<p>The World Bank claims Singapore to be one of the best places to start a business. In fact, starting a business in Singapore takes much less time when compared to other places in the world. The process of it usually only takes up to three days. The procedure of incorporating a business in Singapore is [&hellip;]<\/p>\n","protected":false},"author":153,"featured_media":11557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1089,117],"tags":[1512,1509,1511,1510],"class_list":{"0":"post-11556","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-quick-reads","8":"category-software-business","9":"tag-how-to","10":"tag-register-a-company","11":"tag-register-a-company-in-singapore","12":"tag-singapore-company"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Register a Company in Singapore<\/title>\n<meta name=\"description\" content=\"Helped by the Singapore company registry service, it will only take you one day to register a company in Singapore. Understand more here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hashmicro.com\/blog\/register-a-company-in-singapore\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Register a Company in Singapore\" \/>\n<meta property=\"og:description\" content=\"Helped by the Singapore company registry service, it will only take you one day to register a company in Singapore. Understand more here.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hashmicro.com\/blog\/register-a-company-in-singapore\/\" \/>\n<meta property=\"og:site_name\" content=\"BusinessTech\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/web.facebook.com\/hashmicro\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-24T10:29:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-24T04:49:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-11.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"870\" \/>\n\t<meta property=\"og:image:height\" content=\"520\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Chandra Natsir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@hashmicro\" \/>\n<meta name=\"twitter:site\" content=\"@hashmicro\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chandra Natsir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.hashmicro.com\/blog\/register-a-company-in-singapore\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.hashmicro.com\/blog\/register-a-company-in-singapore\/\"},\"author\":{\"name\":\"Chandra Natsir\",\"@id\":\"https:\/\/www.hashmicro.com\/blog\/#\/schema\/person\/f17501aef487b92b4ffc58a7ef7ab97b\"},\"headline\":\"How to Register a Company in Singapore\",\"datePublished\":\"2022-08-24T10:29:25+00:00\",\"dateModified\":\"2025-12-24T04:49:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.hashmicro.com\/blog\/register-a-company-in-singapore\/\"},\"wordCount\":1102,\"publisher\":{\"@id\":\"https:\/\/www.hashmicro.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.hashmicro.com\/blog\/register-a-company-in-singapore\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-11.jpg\",\"keywords\":[\"how to\",\"register a company\",\"register a company in singapore\",\"singapore company\"],\"articleSection\":[\"Quick Reads\",\"Software\/Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.hashmicro.com\/blog\/register-a-company-in-singapore\/\",\"url\":\"https:\/\/www.hashmicro.com\/blog\/register-a-company-in-singapore\/\",\"name\":\"How to Register a Company in Singapore\",\"isPartOf\":{\"@id\":\"https:\/\/www.hashmicro.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.hashmicro.com\/blog\/register-a-company-in-singapore\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.hashmicro.com\/blog\/register-a-company-in-singapore\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/02\/template-banner-blog-jangan-dihapus-diedit-aja-11.jpg\",\"datePublished\":\"2022-08-24T10:29:25+00:00\",\"dateModified\":\"2025-12-24T04:49:03+00:00\",\"description\":\"Helped by the Singapore company registry service, it will only take you one day to register a company in Singapore. 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