How can a Foreigner start a company in Singapore?

Starting a company in Singapore as a Foreigner

It is possible for a foreigner to register or start a company in Singapore. However, it is necessary to appoint a local resident director in order to proceed with the incorporation.

In Singapore, as mandated by the Accounting and Corporate Regulatory Authority (ACRA) and The Companies’ Act, all companies must appoint a local resident director. This person must be a Singaporean, a Permanent resident of Singapore or a person who holds an Employment Pass/EntrePass with a residential address in Singapore (subjected to approval by the Ministry of Manpower).

This holds true for all company structures, including private limited companies and sole proprietors.

What can I do if I do not have a local director?

If you do not have a local director, you can choose to engage a nominee director service when you incorporate with us.

A nominee director functions as the director of a company for meeting the legal requirement to own a local director. The nominee director acts passively and his/her position in the company is limited.

 

Basic Requirements for
Singapore Company Registration

Lionsworld
Once you fulfill the above criteria, you can proceed to incorporate your Singapore company.


Incorporation Package

Same Price for Foreigners & Locals

S$795 only – No Hidden Fees!

  • Processing and Filing Fees – S$180
  • Government Fees – S$315
  • 50% OFF 1st Year Secretarial Service – S$300
  • FREE Co-sharing Lounge and Business Clubhouse usage for 3 months from incorporation (worth S$165)
  • FREE usage of Conference & Meeting Room for 3 months from incorporation (4 hours/month, worth S$200)
  • FREE due diligence of up to 2 local officers (worth S$200)
  • FREE Share Certificates
  • FREE Company Profile
  • FREE assistance for bank account opening with a bank of your choice
  • FREE Memorandum & Articles of Associations
  • FREE First Director’s Minutes
  • FREE E-Certificate of Incorporation
  • FREE Attestations and Witnessing

How to use our service:

If you are in Singapore

Simply come to our office with the NRICs/passports of all the directors and shareholders or fill in the online form here and we will get back to you shortly

 

If you are Overseas

Click here to submit the required information and we will get back to you shortly.

Why Choose Lionsworld?

As an established Incorporation service provider since 1982, we are able to assist you in your incorporation process and make it smooth and fuss free.

Singapore is well-recognized as a global business hub and is an excellent choice for aspiring entrepreneurs to start their business ventures. At Lionsworld, you will receive complete assistance at every step of the process of establishing a business entity in Singapore. Our comprehensive Singapore Incorporation services help you set up and establish your company in the most cost effective and efficient manner.

Lionsworld helps you decide on your ideal business vehicle

Let us advise you on the ideal business structure for your business. Let us help you assess the scale of your business plan and operation structure before recommending to you the best structure to carry out your business as well as the relevant licenses and permits your business may require.

*Government fees not included. Clients also required to take up 1-year secretarial service, provided at 50% OFF.
**Additional Charges (If applicable)

  • The package fee covers 2 persons for incorporation. Each additional person will be charged at $50.
  • A fee of $50.00 will be charged for each Corporate Shareholder.
  • A fee of $30.00 will be charged for any change in company’s name after reservation.
  • A fee of $60.00 will be charged for conversion from Business to Pte. Ltd. Company.
  • Payment by Credit Cards or NETS will be subjected to additional processing charges payable to government.
  • Package does not include customized M&AA or different Capital Structure

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