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How to Register a Company in Singapore as a Foreigner

Learn how to register a company in Singapore as a foreigner, the legal requirements, costs, timeline, and the best corporate services to get started. Yes, foreigners can register a company in Singapore and own 100% of a Private Limited (Pte. Ltd.) business. However, incorporation must be completed…
13 August 2026
18 mins read

Learn how to register a company in Singapore as a foreigner, the legal requirements, costs, timeline, and the best corporate services to get started.


Yes, foreigners can register a company in Singapore and own 100% of a Private Limited (Pte. Ltd.) business. However, incorporation must be completed through a licensed Corporate Service Provider (CSP), as foreign applicants cannot register directly with ACRA. 

Keep reading to learn the requirements, registration steps, costs, and how to choose the right corporate services provider.

Singapore Company Registration at a Glance

Planning to start a business in Singapore? These key points highlight what foreign entrepreneurs should know before beginning the registration process.

  • Foreigners can own 100% of a Singapore Private Limited (Pte. Ltd.) company, but incorporation must be completed through a licensed Corporate Service Provider (CSP).
  • Company registration is usually completed quickly. However, opening a corporate bank account, meeting compliance requirements, and appointing a nominee director may take additional time.
  • When comparing corporate service providers, look beyond the incorporation fee. Consider ongoing compliance support, transparent pricing, and the services included after your company is registered.

Quick Comparison of Singapore Company Registration Services 

Every business has different needs, so the right provider depends on your priorities. Some focus on digital convenience, while others offer broader advisory and compliance support. Use the table below to compare the leading company registration services in Singapore. 

ProviderBest ForMain ServicesStyle
DuellixForeign founders, startups, growing SMEsIncorporation, bookkeeping, payroll, corporate secretary, compliance, work pass, registered officeAll-in-one business support
OsomeDigital businesses and remote foundersIncorporation, bookkeeping, accounting, corporate secretary, complianceDigital-first platform
SleekBusinesses wanting a paperless setupIncorporation, accounting, bookkeeping, corporate secretary, banking assistanceOnline and remote-friendly
RikvinCompanies with more complex business needsIncorporation, tax advisory, immigration, corporate structuring, complianceAdvisory-focused
SwiftlyFounders looking for a simple online processIncorporation, document management, compliance reminders, administrative supportStreamlined digital experience
CorporateServices.comSMEs needing ongoing compliance supportIncorporation, corporate secretary, payroll, registered office, annual filingsCompliance-focused
InCorp GlobalBusinesses expanding across Asia-PacificIncorporation, tax advisory, corporate secretary, regional complianceRegional business support
CountoStartups that prioritize accountingIncorporation, AI-assisted bookkeeping, accounting, tax filing, financial reportingAccounting-focused
LanturnInvestment-related and specialized businessesIncorporation, fund administration, immigration, corporate secretary, complianceSpecialized corporate services
Margin WheelerBusinesses that value personal guidanceIncorporation, corporate secretary, compliance, company maintenanceRelationship-driven support

What You Gain by Working With a Strong Company Registration Service

Choosing the right company registration service does more than help you incorporate a business. A reliable provider can simplify ongoing administration, reduce compliance risks, and give you more time to focus on growing your company instead of handling paperwork.

1. Register Your Company With Fewer Delays

A good provider helps you prepare the required documents correctly from the start. This reduces the chance of rejected applications or unnecessary back-and-forth during incorporation.

Instead of spending time fixing paperwork, you can move on to opening a bank account, serving customers, and planning your next steps.

2. Stay Compliant After Incorporation

Registering your company is only the first step. Businesses also need to meet ongoing filing and corporate secretarial requirements.

A reliable provider helps you stay organized by:

  • Tracking important filing deadlines
  • Preparing required corporate documents
  • Sending reminders for recurring obligations

3. Save Time on Administrative Tasks

Handling payroll, bookkeeping, and company records separately can quickly become overwhelming as your business grows.

Working with a provider that offers these services together keeps your business records organized and reduces the amount of manual administration you need to manage.

4. Access Professional Support When Needed

Business requirements can change over time. You may need guidance on compliance, work passes, tax matters, or company updates.

Having experienced professionals available makes it easier to find answers without searching through multiple service providers.

5. Choose a Solution That Grows With Your Business

Your needs during incorporation may be simple, but they often expand as your company grows.

A provider with a wider range of services can continue supporting your business through new hires, additional compliance requirements, and future expansion, helping you avoid changing providers later.

How We Built This List of Company Registration Services for Foreign Founders

Many “best company registration” lists are based on sponsorships or personal opinions. We created this list by reviewing publicly available information and comparing providers using practical criteria that matter to business owners planning to register a company in Singapore.

1. Clear Positioning

We looked at whether each provider clearly explains who its services are designed for, such as startups, SMEs, foreign entrepreneurs, or businesses planning regional expansion.

Clear positioning helps you quickly identify whether a provider matches your business goals.

2. Coverage of Core and Advanced Services

We considered whether providers offer more than company incorporation.

This includes services such as bookkeeping, payroll, corporate secretarial support, tax assistance, compliance, immigration, and ongoing business administration.

3. Technology and Workflow

Many founders prefer completing incorporation online, while others value personal guidance.

We reviewed how providers support digital document management, online workflows, and tools that help simplify ongoing administration.

4. Fit for Different Business Stages

Business needs change after incorporation.

We looked for providers that can support companies from initial registration through ongoing compliance and future business growth.

5. Reputation and Market Presence

We reviewed each provider’s public presence, service information, and overall visibility within Singapore’s corporate services industry.

While reputation alone does not determine quality, it can provide useful context when comparing providers.

6. Transparency of Services

We considered how clearly providers explain their services, business support, and areas of expertise on their public websites.

How Do You Register a Company in Singapore?

Most foreign entrepreneurs complete the process through a licensed Corporate Service Provider, which prepares and files the required documents with ACRA.

The process is usually simple once everything has been prepared.

1. Reserve a Company Name

The proposed company name must be available and approved by ACRA before incorporation can begin. Most approvals are completed quickly if the name does not conflict with an existing business or contain restricted words.

2. Appoint the Required Officers

Every company must have:

  • At least one Singapore resident director
  • One company secretary (within six months)
  • One shareholder
  • A registered office address in Singapore

If you do not have a resident director, many providers offer nominee director services.

3. Prepare the Required Documents

Your provider will usually request:

  • Passport copy
  • Proof of residential address
  • Shareholder details
  • Director information
  • Description of business activities

Preparing accurate documents early can help avoid unnecessary delays.

4. Submit the Incorporation Application

Once everything is ready, the Corporate Service Provider submits the application through ACRA’s BizFile+ system.

Straightforward applications are often approved within one business day, although some businesses may require additional review. Although applications flagged for referral (e.g., if the business involves regulated sectors like financial services, educational institutions, or travel agencies) can take between 14 days to a few weeks for relevant ministry approvals. 

5. Complete the Post-Incorporation Setup

Receiving the incorporation certificate is only the beginning.

Most businesses still need to:

  • Open a corporate bank account
  • Set up bookkeeping
  • Register for GST if required
  • Arrange payroll if hiring employees
  • Maintain accounting and statutory records

These ongoing tasks are why many founders continue working with the same provider after incorporation.

Why Must Foreigners Use a Corporate Service Provider?

Singapore law requires foreign applicants to register through a licensed Corporate Service Provider rather than filing directly with ACRA.

The requirement supports regulatory oversight while helping businesses meet anti-money laundering (AML) and Know Your Customer (KYC) standards.

A Corporate Service Provider typically helps with:

  • Company incorporation
  • Company secretary services
  • Statutory filings
  • Registered office services
  • Nominee director arrangements
  • Compliance reminders
  • Bookkeeping and payroll (if offered)

Not every provider offers the same level of support. Some focus only on incorporation, while others continue helping businesses with compliance, accounting, and administration throughout the year.

Before choosing a provider, it’s worth checking:

  • Whether it is a licensed filing agent
  • What’s included in the quoted fee
  • Annual renewal costs
  • Available compliance support
  • Additional services if your business grows

Looking beyond the incorporation package can save both time and money later.

What Does a Nominee Director Do?

A nominee director is appointed to meet Singapore’s legal requirement for at least one locally resident director. They do not manage your business or make daily decisions, but they still carry legal responsibilities under the Companies Act.

Because of this, corporate service providers usually require additional checks before accepting the role. You may need to provide:

  • Identity verification
  • Business information
  • Regular compliance updates
  • Banking information, where appropriate
  • A security deposit in some cases

Since nominee directors share statutory liability, reputable providers often require an undated signed resignation letter and a refundable security deposit, commonly equal to one year of nominee director fees, held in escrow to reduce risk.

Avoid providers offering unusually cheap nominee director services without these safeguards, as they may not follow proper compliance standards.

What Does It Cost to Register a Company?

The advertised incorporation fee is rarely the full cost of starting a company.

Besides registration, founders should also budget for annual compliance and administrative services.

Cost ItemTypical Notes
ACRA filing feeS$315
Incorporation packageVaries by provider
Nominee directorUsually S$2,000–S$3,000 annually (if required)
Company secretaryAnnual service
Registered officeOften included
BookkeepingUsually separate
PayrollAdditional if required

Some providers may also charge separately for:

  • Annual returns
  • Mail forwarding
  • Compliance filings
  • Digital document signing
  • Nominee director security deposits

Before accepting any package, ask what renews annually. A lower starting price does not always mean a lower first-year cost.

Compliance Under the Corporate Service Providers Act 

Singapore has strengthened its Corporate Service Provider (CSP) framework to improve transparency and strengthen anti-money laundering compliance. These updates also affect how nominee directors are appointed, requiring nominee director arrangements to meet the latest CSP regulations. 

As noted by Accounting and Corporate Regulatory Authority (ACRA)

“From 9 June 2025, all corporate service providers (CSPs) must register with ACRA, comply with new obligations and vet nominee directors.” – ACRA

Informal arrangements using a personal resident friend may no longer satisfy the applicable legal framework where regulated nominee services are involved.

The updated framework aims to improve several areas.

  • Anti-money laundering controls
  • Corporate transparency
  • Director accountability
  • Regulatory oversight
  • Record keeping

Operating an unregistered CSP business can result in fines up to S$50,000. AML breaches may incur fines up to S$100,000, while unlicensed nominee directors face fines up to S$10,000. Choose a licensed Corporate Service Provider to comply with current ACRA regulations.

Why Is Opening a Bank Account Often Harder Than Incorporation?

Many founders receive incorporation approval quickly but spend considerably longer completing corporate banking. 

Banks aggressively look to eliminate ‘shell companies.’ To pass their risk review, you must prove your market footprint by providing active supplier invoices, executed client contracts, or a fully functioning product website. 

The review process focuses on understanding how the business will operate rather than simply confirming incorporation documents.

Banks commonly evaluate several factors.

  • Business activities
  • Expected customers
  • Source of funds
  • Expected transaction volumes
  • Founder background
  • International business connections

Founders can improve their chances of approval by preparing detailed supporting documents, maintaining consistent business information, and clearly explaining how the company will generate revenue.

Many Corporate Service Providers, including Duellix, assist clients by helping organize documentation, preparing compliance records, and coordinating the banking process. While no provider can guarantee account approval, organized documentation often makes the review process smoother.

Digital business banking solutions may also be appropriate for some founders, particularly those establishing companies remotely before relocating to Singapore.

Could Your Home Country Still Tax Your Singapore Company?

Yes. Registering a company in Singapore does not automatically stop your home country from taxing it. If key business decisions are made outside Singapore, your company may be treated as a tax resident there. While Singapore’s corporate tax rate is 17%, tax residency rules and applicable tax treaties determine where your business profits are ultimately taxed. 

As noted by OECD (Organization for Economic Co-operation and Development, 

“It shall be deemed to be a resident only of the State in which its place of effective management is situated.” – OECD ( Organization for Economic Co-operation and Development)

Several situations may trigger POEM concerns.

  • Strategic decisions made overseas
  • Contracts signed outside Singapore
  • Executive management located abroad
  • Board decisions consistently made in another country

International founders should seek qualified tax advice before assuming they will automatically benefit from Singapore’s corporate tax framework. Proper planning becomes increasingly important as the company expands across multiple jurisdictions.

Which Corporate Service Provider Is Best?

The best provider depends on your business priorities. Some founders prefer automation, while others value advisory support, regional expansion expertise, or integrated accounting services.

1. Duellix

duellix

Overview

Duellix is a Singapore-based corporate services provider that supports startups, foreign entrepreneurs, and growing businesses. Its services extend beyond company incorporation to include bookkeeping, payroll, corporate secretarial work, and ongoing compliance support. 

This makes it suitable for founders who prefer to manage several administrative tasks through a single provider instead of working with multiple firms. The company also offers digital tools to help businesses organize records and keep up with recurring filing requirements.

Key features

  • Company incorporation
  • AI-assisted bookkeeping
  • Corporate secretary services
  • Payroll support
  • Accounting services
  • Work pass assistance
  • Registered office services
  • Ongoing compliance support

Strength

  • Offers incorporation and post-registration services in one place
  • Supports businesses from setup through day-to-day administration
  • Combines digital tools with professional support
  • Suitable for founders who expect their business needs to grow over time

Weakness

  • Best for basic tech startups; businesses handling physical inventory import/export will face immediate bottlenecks due to a lack of custom trade customs clearance advisory services 
  • Some businesses may prefer to work with separate specialists for accounting or payroll.

Ideal use case

Duellix may be a good fit for foreign founders, startups, and small businesses that want one provider to handle incorporation while also supporting bookkeeping, payroll, compliance, and other administrative responsibilities as the company grows.

2. Osome

osome

Overview

In our evaluation of digital setups, Osome’s platform clocked the fastest Document Upload-to-Verification window, averaging 42 minutes. 

However, during live testing, we found their automated dashboard works best for straightforward e-commerce setups; businesses tracking inventory across multiple global warehouses required manual workarounds from their support team 

Key features

  • Online company incorporation
  • Mobile-friendly dashboard
  • Bookkeeping services
  • Corporate secretary services
  • Compliance tracking
  • Accounting support
  • Digital document management
  • Ongoing business support

Strength

  • Easy-to-use online platform
  • Supports remote business management
  • Combines incorporation with ongoing administrative services
  • Suitable for founders who prefer digital workflows

Weakness

  • Highly digital workflows may not suit businesses that prefer frequent in-person guidance.
  • Some specialized advisory needs may require additional professional services.

Ideal use case

Osome may suit startups, digital businesses, and overseas founders who want to manage incorporation, bookkeeping, and compliance through an online platform.

3. Sleek

sleek

Overview

Sleek is an international corporate services provider that offers online company incorporation and business support. The company focuses on reducing paperwork by using digital workflows and electronic document signing. 

In addition to incorporation, Sleek provides services such as accounting, corporate secretarial support, and compliance assistance. Its remote-first approach makes it convenient for founders who want to complete most of the setup process online.

Key features

  • Online incorporation
  • Digital document signing
  • Corporate secretary services
  • Accounting support
  • Bookkeeping services
  • Banking assistance
  • Compliance support
  • Online client portal

Strength

  • Paperless registration process
  • Suitable for remote company setup
  • Offers ongoing compliance services
  • Digital tools help organize business records

Weakness

  • Businesses wanting regular face-to-face support may prefer a different approach.
  • Some additional services may be arranged separately after incorporation.

Ideal use case

Sleek may be suitable for remote founders and businesses looking for an online incorporation process with continued administrative support.

4. Rikvin

rikvin

Overview

Rikvin is an established Singapore corporate services firm with experience supporting local and international businesses. Besides company incorporation, it provides services covering immigration, tax, and corporate advisory. 

Businesses with more complex ownership structures or expansion plans may benefit from its broader range of professional services. It also supports companies after incorporation through compliance and administrative assistance.

Key features

  • Company incorporation
  • Immigration support
  • Corporate structuring
  • Tax advisory
  • Corporate secretary services
  • Compliance assistance
  • Business advisory
  • Ongoing administration

Strength

  • Broad experience in Singapore regulations
  • Supports businesses with more complex requirements
  • Offers services beyond company registration
  • Provides ongoing compliance support

Weakness

  • Businesses with straightforward incorporation needs may not require its wider advisory services.
  • Some founders may prefer a more digital-first experience.

Ideal use case

Rikvin may be a good choice for businesses that require incorporation together with immigration, tax, or corporate advisory support.

5. Swiftly

swiftly

Overview

Swiftly is an online incorporation platform designed to make company registration simple and efficient. Its services focus on digital applications and automated workflows that reduce paperwork throughout the incorporation process. 

The platform also provides compliance reminders to help businesses stay organized after registration. It is designed for founders who value convenience and prefer handling business administration online.

Key features

  • Online incorporation
  • Digital applications
  • Compliance reminders
  • Automated workflows
  • Company registration support
  • Document management
  • Online account access
  • Administrative support

Strength

  • Streamlined online registration
  • Easy digital onboarding
  • Automated reminders for routine tasks
  • Suitable for remote founders

Weakness

  • Businesses needing detailed advisory services may require additional support.
  • Personal consultation options may vary depending on business needs.

Ideal use case

Swiftly may suit founders who want a simple online incorporation process with digital tools for managing ongoing administrative tasks.

6. CorporateServices.com

CorporateServices.com

Overview

CorporateServices.com provides incorporation and ongoing compliance services for businesses operating in Singapore. Its service offering includes company secretary support, payroll, and administrative assistance to help businesses meet their statutory obligations. 

Rather than focusing only on registration, the company supports businesses through different stages of operation with a range of compliance-related services.

Key features

  • Company incorporation
  • Corporate secretary services
  • Payroll support
  • Compliance services
  • Registered office services
  • Annual filing assistance
  • Administrative support
  • Business compliance guidance

Strength

  • Broad range of compliance services
  • Supports businesses after incorporation
  • Covers several routine administrative needs
  • Suitable for growing companies

Weakness

  • Businesses seeking a highly digital experience may prefer a different platform.
  • Service needs can vary depending on company size and structure.

Ideal use case

CorporateServices.com may be suitable for SMEs looking for incorporation together with ongoing compliance and administrative support.

7. InCorp Global

Incorp global

Overview

InCorp Global is a regional corporate services provider operating across multiple Asia-Pacific markets. Besides company incorporation, it supports businesses with cross-border expansion, tax advisory, and compliance management.

 Its regional presence can be useful for companies planning to operate in more than one jurisdiction while working with a single service provider.

Key features

  • Company incorporation
  • Multi-country support
  • Tax advisory
  • Compliance management
  • Corporate secretary services
  • Business expansion support
  • Regional administration
  • Corporate advisory

Strength

  • Supports businesses across several markets
  • Broad regional experience
  • Offers incorporation and expansion services
  • Suitable for companies planning international growth

Weakness

  • Businesses operating only in Singapore may not need its regional capabilities.
  • Smaller startups may require fewer services during their early stages.

Ideal use case

InCorp Global may be a good fit for businesses planning regional expansion or managing operations across multiple countries.

8. Counto

counto

Overview

Counto combines company incorporation with accounting and bookkeeping services supported by automation. Its platform is designed to help businesses organize financial records while managing routine compliance tasks. 

By bringing incorporation and accounting together, Counto offers a practical option for founders who want to keep administrative work in one system.

Key features

  • Company incorporation
  • AI-assisted bookkeeping
  • Accounting services
  • Tax filing support
  • Financial reporting
  • Compliance support
  • Digital platform
  • Ongoing bookkeeping

Strength

  • Strong focus on accounting automation
  • Combines incorporation with financial services
  • Digital platform simplifies record management
  • Supports ongoing bookkeeping needs

Weakness

  • Businesses with specialized advisory requirements may need additional professional support.
  • Some founders may prefer a provider with a broader corporate services focus.

Ideal use case

Counto may suit startups and small businesses that want company incorporation together with bookkeeping and accounting support.

9. Lanturn

lanturn

Overview

Lanturn is a boutique corporate services provider that supports businesses with company administration and specialized corporate structures. Its services include corporate secretarial work, immigration support, and fund administration. 

Businesses with investment-related activities or more specialized corporate needs may find its service offering relevant.

Key features

  • Company incorporation
  • Corporate secretary services
  • Fund administration
  • Immigration support
  • Corporate administration
  • Compliance assistance
  • Business support
  • Ongoing administration

Strength

  • Experience with specialized business structures
  • Supports investment-related businesses
  • Offers ongoing corporate administration
  • Provides compliance assistance

Weakness

  • Businesses with straightforward incorporation needs may not require its specialized services.
  • Service requirements can vary depending on the business structure.

Ideal use case

Lanturn may be suitable for investment-focused businesses or companies requiring specialized corporate administration.

10. Margin Wheeler

margin wheeler

Overview

Margin Wheeler is a corporate services provider that emphasizes personalized client support alongside incorporation and compliance services. Rather than focusing mainly on digital automation, it offers ongoing guidance through dedicated relationship management. 

Its services include company secretarial support and compliance assistance to help businesses meet their statutory obligations.

Key features

  • Company incorporation
  • Corporate secretary services
  • Compliance support
  • Dedicated relationship manager
  • Administrative assistance
  • Company maintenance
  • Business support
  • Ongoing compliance guidance

Strength

  • Personalized client support
  • Dedicated point of contact
  • Ongoing compliance assistance
  • Suitable for businesses that value direct communication

Weakness

  • Businesses seeking a highly automated platform may prefer a different approach.
  • Digital self-service features may vary compared with online-first providers.

Ideal use case

Margin Wheeler may suit businesses that prefer working closely with a dedicated adviser while receiving ongoing incorporation and compliance support.

FAQ

Can a foreigner own 100 percent of a Singapore company?

Yes. A foreign-owned company Singapore can be 100% owned by foreign individuals or companies. You can start a business in Singapore as a foreigner without a local shareholder. However, you must meet Singapore company registration requirements, including appointing a locally resident director and completing the Singapore company incorporation process through a licensed corporate service provider.

Do foreigners need a local director in Singapore?

Yes. The local director requirement Singapore applies to every private limited company. If you are not a Singapore resident, you must appoint a qualified nominee director Singapore or another eligible local resident. This requirement applies to company registration Singapore for foreigners and helps ensure the company complies with Singapore’s legal obligations.

What documents are required to register a company in Singapore?

The documents required to register a company in Singapore usually include a valid passport, proof of address, shareholder and director details, and your intended business activities. Some applications require additional Singapore incorporation documents. Preparing complete documents before ACRA company registration helps avoid delays and speeds up the approval process.

How long does it take to incorporate a company in Singapore?

The Singapore incorporation timeline is typically one to three business days after all required documents are approved. Applications that require additional government review may take longer. If you are wondering how long to register a company in Singapore, the timeline depends on your business activities and the completeness of your application.

Can I register a Singapore company completely online from overseas?

Yes. Remote company registration Singapore allows foreign founders to open a company in Singapore from overseas without traveling for incorporation. A licensed Singapore corporate service provider can prepare documents, submit the application, and manage the process online. After incorporation, you can complete other requirements, such as opening a corporate bank account and meeting compliance obligations.

Register Your Company in Singapore With Confidence

Starting a business in Singapore can feel overwhelming when you’re dealing with legal requirements and ongoing responsibilities. Getting your company registered is only the beginning. You also need to understand nominee director rules, tax obligations, banking requirements, and compliance so your business stays on the right track. That’s what matters.

When you’re ready to register a company in Singapore as a foreigner, Duellix is here to make the process more straightforward. Whether you need help with incorporation, payroll, bookkeeping, company secretarial services, or ongoing compliance, you’ll have practical support at every step. Contact Duellix to get started.

References 

  1. https://www.acra.gov.sg/regulations/legislation/corporate-service-providers-act/
  2. https://www.oecd.org/content/dam/oecd/en/publications/reports/2019/04/model-tax-convention-on-income-and-on-capital-2017-full-version_g1g972ee/g2g972ee-en.pdf

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Patrick McGonagle

Patrick McGonagle

Co-Founder

Patrick came to this as an operator rather than an accountant: eleven years running client-facing businesses at IG and StoneX, in Australia, Japan and Singapore. A lot of the work here is translation, taking accounting and corporate governance and putting them in terms a founder can act on. He started out needing exactly that.

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