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Take note: Registering a company name with ACRA is not really the same as registering a trademark. Company name registration isn't going to Supply you with distinctive or mental assets rights in excess of the name.
Of course, it is feasible to register a company remotely in Singapore with out browsing, but you must appoint a resident director and have interaction a company services provider to handle incorporation, compliance, and checking account setup.
Here are hyperlinks into the official govt resources referenced within our guide, exactly where you'll find additional information.
Finally, your business handle isn’t nearly locale – it impacts your trustworthiness, regulatory necessities and also client notion.
Electronic banks frequently allow you to open an account with no traveling to Singapore. On the other hand, as opposed to traditional banking companies, there is proscribed assist for GIRO payments. Also, there is no cheque or cash deposit functionality.
Right after registering your company, another crucial step is opening a business or corporate account. Possessing a independent account beneath your company’s name aids keep your funds organized and makes sure exact money reporting.
That can help support the investigation, it is possible to pull the corresponding error log from your World wide web server and submit it our aid crew. Please contain the Ray ID starting a small business in singapore for foreigners (that is at The underside of this mistake website page). Supplemental troubleshooting methods.
Understanding what files necessary to register company in Singapore will streamline your application:
If all your documents are if you want, ACRA usually processes a Private Limited Company incorporation inside of one business day, often even in only a few hrs if it is all through office hours.
In case you’re based mostly abroad, consider financial institutions that make it possible for distant account opening or explore digital banking alternate options like Aspire or Airwallex for added starting a business in singapore for foreigners overall flexibility.
Singapore enables 100% foreign ownership, indicating all shareholders might be overseas nationals. The shareholder necessities will rely on the company sort, for instance:
Disclaimer: Although BBCIncorp strives to generate the information on this Web page as well timed and singapore incorporation cost accurate as you possibly can, the information alone is for reference purposes only.
Dewey & LeBoeuf LLP makes certain these pitfalls are averted by dealing with each step skillfully, from paperwork planning to write-up-incorporation compliance monitoring.
Because of these advantages, setting up a company in Singapore is commonly a crucial step for businesses seeking to increase internationally or establish a secure company foundation in Asia.