275+
Companies incorporated

Incorporation within one working day
Electronic identity documentation – no courier and notary necessary
Electronic signatures – no need to travel to Singapore for document signing
Startup needs aware – 10 million shares, $1000 paid-up capital etc.


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Our services Fees (USD)
Bare Incorporation Package 

  • Company name reservation
  • Model constitution
  • ACRA registration
  • Issuance of Share Certificates
  • Digital Certificate of Incorporation with Unique Entity Number
  • Self-inked company stamp
  • Inclusive of all government fees
890
One-time payment
The Essentials
Company Secretary

  • Named Company Secretary for the first year
  • Annual General Meeting (AGM) documentation
FREE
Registered Office Address*

  • Daily mail scanning
  • Cheque deposit
  • Process agent

* Registered office address must be specified at the time of incorporation

590
Per year
Local Director

  • At least one local resident director required for Singapore company incorporation
2,290
Per year
Add Ons
Bank Account Opening

  • With any of the top 3 Singapore banks
  • Open within 72 hours
390
One-time payment
Work Pass

  • Employment Pass (EP) / EntrePass for Founders
  • Inclusive of appeals and government fees
1,290
One-time payment
Monthly Bookkeeping

  • Bank reconciliation
  • Monthly management reports
490
Monthly payment

 
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FAQs on Singapore company incorporation

How many shares should be issued at the time of incorporating a Singapore company?
A general rule of thumb for shares is:

  • Number of shares is a whole number. E.g. 1,000 or 1,000,000 or 10,000,000
  • Minimum of 1 share is required per shareholder

There are three options for a startup founder can take.

Option 1: For companies with no plans of external fundings or employee share option plan, a minimum number of shares can be issued at the time of incorporation, e.g. 100 or 1,000.

Option 2: For companies with plans to raise funds or to set up employee share option plan, it is ideal to issue a higher number of shares at the time of incorporation. A good figure for this would be 1,000,000 or 10,000,000.

Option 3: For companies with the established capitalization table (cap table), the company must follow the number of shares as declared on the cap table.
 
READ MORE: Defining shares and paid-up capital
 
How much paid-up capital should I have at the time of incorporation?
While the statutory minimum requirement for a company’s paid-up share capital is 1 for every currency, it is strongly recommended that entrepreneurs put in a higher amount of share capital when incorporating their business, especially for situations wherein the company has a prescribed minimum capital.

Examples of these situations are:

  • Where the shareholder will apply for founder’s work pass such as Employment Pass or EntrePass;
  • When the principal activity of the company is in an industry where licences are required such as F&B;
  • From an operational point of view, a higher paid-up capital is a good reflection of the company’s financial strength, i.e. good cash flow, which then can be used for operating expenses.
  • From a funding point of view, it is more attractive to get external financial support from banks and investors if a company has healthy capital.

Paid-up share capital can be used as a working capital of the company.
 
Are electronically signed documents accepted in Singapore?
Yes, Singapore allows the electronic signature as per the Electronic Transactions Act of Singapore. These electronic records are valid and enforceable by law in Singapore as long as every document has an audit trail of which the authenticity can be verified.
 


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Read more from our expert articles: Incorporation & Company secretarial, Corporate Immigration, Startups