Top 10 Tips for Foreigners Registering a Company in Singapore

Starting a business in a new country can feel confusing, especially if you’re not sure about the rules. But when it comes to Singapore, the process to register company in Singapore for foreigner is easier than you might think—if you know what to do. Here are 10 simple tips for foreigners who want to start a business in Singapore without stress.

1. Choose the Right Business Structure

Most foreigners choose a Private Limited Company (Pte Ltd). It’s trusted, flexible, and lets you run almost any kind of business.

2. Pick a Unique Company Name

Your company name must be different from others and should not include banned or offensive words. Use ACRA’s BizFile+ to check name availability.

3. Get a Local Director

To register a company in Singapore for foreigner, it’s mandatory to have at least one local resident director. This can be a Singapore citizen, permanent resident, or someone with an EntrePass.

4. Hire a Company Secretary

You must appoint a qualified company secretary within six months of registration. Many service providers offer this as part of their setup package.

5. Have a Registered Address

Your business needs a real Singapore address (not a P.O. Box). You can use your office, co-working space, or a registered service provider’s address.

6. Open a Corporate Bank Account

After incorporation, choose a Singapore-based bank to open your company account. Some banks may ask for in-person verification.

7. Understand the Tax Benefits

Singapore offers low corporate tax rates and tax exemptions for new companies. Learn about these so you can save money in the early years.

8. Check if You Need Licenses

Some business types (like restaurants, finance, or education) require special licenses. Make sure you get the approvals before you start operating.

9. Consider Hiring a Professional Firm

Since foreign entrepreneurs often can’t self-register directly on ACRA, many choose a local firm that handles registration, documents, and legal requirements.

10. Apply for Work Visas if Needed

If you plan to live and work in Singapore, apply for an EntrePass or Employment Pass. These allow foreign company owners to legally run their business on-site.


Conclusion

Singapore is one of the best countries in Asia to start a business—especially for foreigners. With the right support and clear planning, the process to register company in Singapore for foreigner can be smooth and quick. Follow the tips above, and you’ll be set up for success in no time.

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