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What are the basic requirements for incorporation of a company in Singapore?

  • Any local or foreign person can incorporate a company in Singapore
  • Minimum of 1 director and 1 shareholder
  • At least 1 director must be a local resident (ie. Singapore citizen, permanent resident or EP/DP holder)
  • 100% foreign ownership is permitted
  • Minimum paid-up capital of $1 only
  • A local registered address is required
  • A local qualified company secretary must be appointed

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We would like to incorporate a company in Singapore but we do not meet the local director requirements

Is it still possible to open a company in Singapore?

There are several options you may consider.

  • If you plan to relocate to Singapore, you can act as the local director subject to approval of your Entrepreneur Pass or Employment Pass.
  • Alternatively, you can use nominee director service from a professional services company in order to satisfy the local director requirement.
  • You may also chose to appoint a local employee or someone you know in Singapore and who is willing to act as the local director.

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What documents to I need to provide in order to incorporate a company in Singapore?

For each non-resident shareholder/director:

  • Copy of passport, proof of residential address and bank reference letter

For each resident shareholder/director:

  • A copy of Singapore ID
  • Copy of passport for foreign individuals

If the shareholder is a corporate entity:

  • Copy of the parent company‚Äôs certificate of incorporation
  • Copy of official documents reflecting the registered address and directors of the parent company

*English translations are required for all documents not in English.