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Singapore Company Formation

Singapore Company Formation – Register Your Business in Asia’s Leading Financial Hub with BRIS Group Main Characteristics and the basic rules of Company registration in Singapore

Singapore Formation with BRIS Group

BRIS Group provides professional Singapore company formation services for entrepreneurs, investors, and international businesses seeking a reputable base in Asia. Establishing a Singapore Private Limited Company (Pte Ltd) offers limited liability protection, attractive tax benefits, and access to one of the world’s most advanced financial hubs. Our experts manage the entire Singapore company registration process remotely, including corporate banking assistance, compliance, and ongoing administration, ensuring your business operates efficiently and fully complies with Singapore regulations.

Start your Singapore company with BRIS Group today — trusted experts in global incorporation.

A Comprehensive Guide for Non-Residents to Register a Company in Singapore

Singapore has earned its place as one of the world’s most business-friendly jurisdictions — a global hub for innovation, finance, and trade. For entrepreneurs and investors seeking a strategic Asian base, Singapore company formationoffers unmatched advantages in stability, credibility, and efficiency.

Whether you are expanding internationally, launching a startup, or establishing a holding company, BRIS Groupprovides expert guidance for non-residents looking to register a company in Singapore quickly and compliantly.

Why Choose Singapore for Company Formation?

Singapore consistently ranks among the top jurisdictions for ease of doing business and economic competitiveness. Its transparent regulations, strategic location, and strong legal infrastructure make it ideal for international entrepreneurs.

🔍 Need expert advice on Singapore company setup?
Our specialists will help you select the most tax-efficient and compliant business structure for your goals.

Key Highlights of Singapore Company Formation

Aspect	Details
Legal Structure	Private Limited Company (Pte. Ltd.)
Governing Authority	Accounting and Corporate Regulatory Authority (ACRA)
Corporate Tax Rate	17% headline rate; start-ups may enjoy tax exemptions
Ownership	100% foreign ownership permitted
Legal System	English common law
Typical Incorporation Time	1–3 business days
Minimum Shareholder(s)	One (individual or corporate)
Minimum Director(s)	One (must be Singapore resident or nominee)
Company Secretary	Required (Singapore resident)
Paid-Up Capital	Minimum SGD 1
Registered Office	Must be located in Singapore

Advantages of Singapore Company Formation for Non-Residents

✅ Advantage	💬 Description
Strategic Location	Positioned at the crossroads of global trade, connecting Asia, Europe, and the Americas.
Favourable Tax Regime	Corporate tax capped at 17%, with start-up tax exemptions and no capital gains tax.
Political and Economic Stability	One of the world’s least corrupt and most stable economies.
Full Foreign Ownership	100% foreign shareholding allowed in most sectors.
Robust Legal Framework	Transparent and reliable laws that protect investor interests.
Skilled Workforce	Access to a multilingual, well-educated, and tech-savvy talent pool.
Excellent Infrastructure	Cutting-edge logistics, digital networks, and financial services.
Strong IP Protection	Global leader in intellectual property laws and enforcement.

Considerations for Non-Residents

⚠️ Challenge	💬 Explanation
Resident Director Requirement	At least one director must be ordinarily resident in Singapore (we provide nominee director services).
Regulatory Compliance	Companies must maintain annual filings, tax returns, and audited accounts (if applicable).
Bank Account Verification	Opening a bank account can require detailed due diligence and in-person verification.

Types of Companies for Non-Residents

1. Private Limited Company (Pte. Ltd.)

The most common structure for non-residents, offering limited liability protection and credibility. It’s ideal for trade, investment, and holding activities.
💡 Can have 100% foreign ownership; requires one local director.

2. Branch Office

An extension of a foreign parent company, not a separate legal entity. Profits are subject to Singapore tax.

3. Representative Office

Used for market research and liaison activities; cannot generate income or engage in commercial transactions.

Requirements for Singapore Company Registration

To register a company in Singapore, you’ll need the following:

Company Name – Must be approved by ACRA.
Registered Office Address – Must be a local physical address (BRIS Group can provide this).
Shareholder(s) – Minimum one (individual or corporation).
Director(s) – Minimum one Singapore resident director (nominee available).
Company Secretary – Must be a Singapore resident; appointed within 6 months of incorporation.
Paid-Up Capital – Minimum SGD 1.
KYC Documents – Passport, proof of address, and business profile for foreign shareholders/directors.

Step-by-Step Guide to Singapore Company Formation

Step 1: Consultation & Structure Planning

We assess your goals and recommend the ideal structure for tax efficiency and compliance.

Step 2: Company Name Approval

Submit your chosen name to ACRA for clearance and reservation.

Step 3: Document Preparation

We prepare the Constitution (Memorandum & Articles of Association), KYC forms, and director/shareholder resolutions.

Step 4: Company Registration with ACRA

We file all incorporation documents online — typically approved within 1–3 working days.

Step 5: Bank Account Opening

We assist in preparing documentation and introductions to reputable banks in Singapore or globally.

Step 6: Post-Incorporation Setup

We provide your company certificate, statutory registers, and digital records for smooth operations.

Singapore Company Formation Timeline

Stage	Estimated Timeframe
Company Name Approval	Within 1 business day
Company Incorporation	1–3 business days
Business Registration Number (UEN)	Instantly upon approval
Bank Account Opening	1–3 weeks (depending on bank)

How BRIS Group Can Help You

BRIS Group provides comprehensive company formation services in Singapore for non-residents — from incorporation and compliance to banking and tax strategy.

Our Complete Services Include:

🧩 Company name search and registration

👩‍💼 Nominee resident director services

🏢 Registered office and mail forwarding

🧾 Company secretary and compliance filing

💳 Bank account setup assistance

📊 Accounting, tax filing, and audit coordination

💼 Business license application support

🧠 Advisory on tax incentives and start-up schemes

Why Choose BRIS Group for Singapore Company Formation?

Our Strengths	Your Benefits
Local Expertise	Our Singapore specialists ensure full ACRA compliance and efficiency.
Fast Incorporation	Get incorporated within 1–3 business days.
Trusted by Non-Residents	Thousands of entrepreneurs rely on us for Singapore setup and ongoing support.
Confidential & Secure	We maintain strict data privacy and client confidentiality.
End-to-End Services	From setup to accounting — everything managed in one place.

Beyond Incorporation – Grow Your Singapore Business with Confidence

Setting up is just the start. BRIS Group helps your Singapore company thrive long-term with tailored services:

💼 Accounting & Bookkeeping – Full compliance with Singapore Financial Reporting Standards.

💡 Tax Planning & Filing – Optimize your global tax structure and ensure timely submissions.

🧳 Visa & Work Pass Support – Assistance with Employment Pass or EntrePass applications.

🔍 Market Entry & Strategy Consulting – Identify opportunities and scale your business in ASEAN.

🧠 Corporate Governance – Ensure proper board procedures, filings, and documentation.

Start Your Singapore Company Today

Singapore offers the perfect combination of credibility, efficiency, and opportunity for global entrepreneurs.
With its low tax rates, stable economy, and strategic position in Asia, it remains one of the most trusted destinations for international business.

📞 Contact BRIS Group today to start your Singapore company formation for non-residents.
Our experts will handle every step — from registration to compliance — so you can focus on growing your business

Contact us today: [email protected]
Get a free consultation to start your Singapore company formation with confidence.

Ready to Register Your Company in Singapore?

Questions & Answers

FAQ on Taxes in Singapore

1. What is the Corporation Tax rate in Singapore?

Singapore has a flat Corporation Tax rate of 17%. However, partial tax exemptions and incentives are available, especially for small and medium enterprises (SMEs). For the first S200,000, a 50% exemption applies.

2. How is Income Tax structured in Singapore?

Income Tax in Singapore is progressive, with rates ranging from 0% to 22% for residents. For non-residents, a flat rate of 15% applies or the resident rates, whichever is higher. Individuals can benefit from various reliefs and deductions, which can help lower their taxable income.

3. Is there a Value Added Tax (VAT) in Singapore?

Yes, Singapore has a Goods and Services Tax (GST) that functions similarly to VAT, currently set at 8% as of 2023. It applies to most goods and services. Some essential items are exempt or zero-rated, such as certain healthcare services and international transport.

4. What are the tax implications for Dividends in Singapore?

Dividends in Singapore are generally exempt from taxation for shareholders due to the one-tier corporate tax system. This means that corporate profits are taxed before being distributed as dividends, making them tax-free for recipients.

5. What other taxes should I be aware of in Singapore?

In addition to Income Tax, Corporation Tax, and GST, Singapore has other taxes including property tax, stamp duty, and excise duties on certain goods (like alcohol and tobacco). Property tax rates vary depending on whether the property is owner-occupied or rented out. Stamp duty applies to property transactions and shares, with rates dependent on transaction value

Learn more: Visit our Full Singapore FAQ page
or contact our tax and company formation team at [email protected]

FAQ: Company registration in Singapore for Non-Resident

What are the requirements for non-residents to form a company in Singapore?

Non-residents looking to form a company in Singapore must fulfil several requirements. Firstly, they must appoint a local resident director, as at least one director of the company must be a Singapore citizen, permanent resident, or an EntrePass holder. They also need to have a registered office address in Singapore and comply with the minimum capital requirement, which is typically S$1. Additionally, it’s crucial to prepare and submit the necessary documents including the company’s constitution, directors’ particulars, and shareholders’ information to the Accounting and Corporate Regulatory Authority (ACRA).

Can a non-resident own 100% of a Singapore company?

Yes, a non-resident can own 100% of a Singapore company. There are no restrictions on foreign ownership in Singapore, allowing non-residents to maintain full control over their company. However, they still need to comply with local regulations, such as appointing a local resident director. This makes Singapore an attractive destination for foreign entrepreneurs wishing to establish their business presence in Asia.

What types of business structures are available for non-residents in Singapore?

Non-residents can choose from several business structures when forming a company in Singapore. The most common options include a Private Limited Company (Pte Ltd), which is popular for its limited liability protection and separate legal status. Other options include Sole Proprietorships and Partnerships, but these may not offer the same level of protection against liabilities. The Private Limited Company is generally recommended for non-residents due to its flexibility and suitability for foreign investment.

How long does it take to incorporate a company in Singapore as a non-resident?

Incorporating a company in Singapore as a non-resident can be done quite swiftly. If all necessary documents are in order, the process can take as little as 1 to 3 working days. However, if any additional information is required or if there are complexities involved, it may take longer. It’s advisable to engage a local service provider to ensure a smooth and efficient process.

What are the tax implications for non-residents forming a company in Singapore?

Non-residents forming a company in Singapore can benefit from one of the lowest corporate tax rates in the world, capped at 17%. Additionally, newly incorporated companies may qualify for tax exemptions during their first three years based on certain criteria. However, non-residents should consult with a tax advisor to understand the specific tax implications related to their unique circumstances, such as withholding taxes on certain income types.

Do non-residents need a business license to operate in Singapore?

Depending on the industry, non-residents may require specific licenses or permits to operate in Singapore. Certain sectors such as financial services, education, and healthcare are regulated and necessitate obtaining appropriate licenses before conducting business. It’s essential to research the local regulations related to the specific business activity planned, and seeking assistance from local professionals can help ensure compliance with all necessary legal requirements.