Start a Business in Singapore - We'll Handle Everything For You
Whether you are an entrepreneur, investor, or company looking to expand into Singapore, SPIS offers end-to-end support for foreigners to start and operate a successful business in Singapore — including company registration, nominee directorship, corporate bank account setup, work visa applications, and full regulatory compliance services.
Why Start a Business in Singapore? 📌
✅ 100% Foreign Ownership Allowed
Singapore welcomes global entrepreneurs with an open economy that allows full foreign ownership of companies. Unlike some countries that require local shareholders, foreigners can incorporate a Private Limited Company and own 100% of the shares, giving you complete control over your business.
✅ Low and Competitive Corporate Tax Rate (17%)
Singapore has one of the lowest corporate tax rates in the world, capped at 17%. There are also attractive tax exemptions for new start-ups and SMEs. This tax-friendly environment helps businesses grow faster and reinvest profits back into operations.
Example:
Start-up Tax Exemption: Eligible new companies enjoy up to 75% exemption on the first S$100,000 of normal chargeable income for the first 3 years.
✅ Strategic Location in Southeast Asia
Located in the heart of Asia, Singapore serves as a regional hub for trade, finance, and technology. With world-class infrastructure and direct access to fast-growing ASEAN economies, it’s the perfect base for companies looking to expand in Asia-Pacific.
Key points:
Home to over 37,000 international companies
Ranked #1 in Asia for ease of doing business
Top global airport and seaport connectivity
SPIS Business Incorporation Services 💼
1️⃣ Pre-Incorporation Consultation
We guide you in choosing the right business structure, explain regulatory requirements, and clarify visa and ownership rules specific to foreigners.
2️⃣ Company Name Check & ACRA Registration
We help you reserve your company name, incorporate with ACRA, and prepare your Constitution and all necessary statutory documents.
3️⃣ Registered Business Address
Use our Singapore address as your official business address, with mail collection and forwarding services available.
4️⃣ Corporate Bank Account Opening
We work with trusted banks to arrange appointments, prepare the necessary documents, and support both online and in-person account openings.
5️⃣ Employment Pass & Visa Application
We advise on the right visa (like EP or EntrePass), prepare all MOM documents, and assist with renewals or dependent passes.
6️⃣ Annual Filing & Compliance Services
We ensure full compliance by handling ACRA filings, IRAS tax submissions, bookkeeping, accounting, and company secretarial services.
Frequently Asked Questions
Any business, from small startups to large enterprises, can be incorporated in Singapore. The country supports various business structures, including private limited companies, public companies, partnerships, and sole proprietorships.
Foreign entrepreneurs can incorporate a business in Singapore, provided they appoint a local resident director. Additionally, they need to have a registered address in Singapore and comply with local regulations. We will assist you in meeting all the requirements to set up your business here.
The minimum paid-up capital to register a private limited company in Singapore is S$1. However, depending on the type of business and the licensing requirements, additional capital may be needed to meet specific regulations and operational costs.
The process of incorporating a company in Singapore is generally quick, typically taking 1 to 3 days once all necessary documents are submitted to ACRA. The time frame may vary depending on the complexity of your business structure and whether additional approvals (such as industry-specific licenses) are required.
Yes, once you incorporate your business, you can apply for a relevant work pass such as an Employment Pass (EP), S Pass, or EntrePass, depending on your position and qualifications within the company. These passes allow foreign entrepreneurs to legally reside and work in Singapore while managing their business.
Hi, thank you for reaching out. To assist you better, please provide the following details:
1️⃣ Full Name: 2️⃣ Which service? a) Singapore PR Application b) Singapore Citizenship Application c) Long Term Visit Pass Application d) Business Incorporation.
Our team will get back to you as soon as possible. Thank you for your patience! 😊