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