Singapore: Asia’s Gateway for Business

Singapore is internationally recognised as one of the world’s most business-friendly countries. With low corporate taxes, 100% foreign ownership, and a transparent legal system, it is a strategic base for businesses aiming to expand across Asia.

However, while incorporation in Singapore is relatively streamlined, the process can be time-consuming and error-prone without professional assistance. This is especially true for foreign business owners unfamiliar with local regulations.

That’s where Excellence Singapore comes in — providing full-service incorporation support to simplify your journey.

Types of Business Entities in Singapore

There are several business structures available in Singapore. The most common are the Private Limited Company (Pte Ltd), Sole Proprietorship, and Limited Liability Partnership (LLP). A Private Limited Company is the preferred choice for most entrepreneurs due to its credibility, tax efficiency, and limited liability protection. Sole Proprietorships are simple but offer no separation between personal and business liabilities, while LLPs suit professionals who wish to operate as partners with limited liability.

Requirements to Register a Private Limited Company

To incorporate a company in Singapore, you must meet the following criteria:

  • At least one shareholder (individual or corporate, local or foreign)

  • One resident director (Singapore citizen, PR, or EntrePass holder)

  • A company secretary (must be appointed within six months)

  • A local registered address (P.O. boxes not allowed)

  • Minimum paid-up capital of S$1

While these requirements may seem straightforward, understanding the legal responsibilities and ensuring all filings are accurate requires expertise.

Common Challenges Faced by DIY Registrations

Many first-time business owners encounter issues such as:

  • Incorrect shareholder or director setup

  • Incomplete or improperly prepared documents

  • Delays in ACRA approval

  • Incorrect share capital information

  • Non-compliance with local regulatory timelines

  • Penalties for missing annual filing or tax deadlines

These complications can be avoided by working with a reliable corporate service provider.

Our Incorporation Services

Excellence Singapore offers a comprehensive company incorporation package that covers every aspect of the process. Our services include:

  • Company name search and reservation

  • Preparation of incorporation documents

  • Submission to ACRA for registration

  • Appointment of company secretary

  • Provision of registered office address or virtual office

  • Assistance with nominee director (if required)

  • Support with corporate bank account opening

  • GST registration (if applicable)

  • Business license application guidance

We ensure full compliance with ACRA and IRAS requirements, and most incorporations are completed within 1 to 2 working days.

Post-Incorporation Services

Incorporation is just the first step. After registration, businesses need to comply with ongoing statutory obligations. Our post-incorporation services include:

  • Setting up a corporate bank account

  • GST registration

  • Applying for business licenses

  • Monthly or annual accounting and tax filing

  • Corporate secretarial support

  • Payroll setup and CPF registration

  • PDPA compliance and advisory

  • Xero or QuickBooks Online integration

Why Work With Excellence Singapore

  • Proven track record with both local and foreign clients

  • Professional team with in-depth knowledge of Singapore’s regulatory environment

  • Transparent pricing with no hidden charges

  • Fast turnaround times

  • Long-term compliance support for sustainable business growth

Conclusion: Register Your Company the Right Way

Singapore offers immense opportunities for entrepreneurs and businesses. But navigating the incorporation process alone can be risky and time-consuming.

With Excellence Singapore, you can launch your company with full confidence — knowing that every regulatory detail is handled professionally and efficiently.

Start your business right. Contact us today to schedule a consultation or learn more about our incorporation services.