Singapore company formation and registration

Register your new Singapore company in a minute!

Planning on registering your business in Singapore? Renowned as the leading business hub in Asia, Singapore is a gateway for companies that are searching for a way to tap into the Asian market. And while the company formation in Singapore can be a simple process, it can at times become highly complicated if you do not have the right support with you. Get the right support from Startupr!

SINGAPORE company formation and registration for ONLY $99 USD + Govt. fee

Start your Singapore company today!

$99 USD

+ Government and Documentation fee

Total price – $3794 USD contains:

Singapore Government fees – 235 USD
Startupr fees for incorporation – 99 USD
Registered address – 370 USD
Company secretary – 600 USD
Nominee Director (Singapore resident) – 1110 USD
Security deposit for the Provision of Nominee Director service – 1335 USD **
Annual Returns fillings – 45 USD (Government fee) + AGM

Enquire now

Yearly Requirements

Annual Return (AR) Filing with ACRA – As per the Singapore Companies Act, every company has to file an Annual Return with ACRA (Accounting and Corporate Regulatory Authority of Singapore) within 30 days of holding an AGM using BizFile, which is ACRA’s online filing system.
Annual General Meeting (AGM) – It is important to hold Annual General Meetings (AGM) of their shareholders with the financial year ends of companies.
Annual Financial Statements – All the companies have to prepare and present financial statements that comply with the Singapore Financial Reporting Standards (SFRS).
Income Tax Return Filing with IRAS – All Singapore companies need to file Income tax returns with IRAS (Inland Revenue Authority of Singapore) which is responsible for collecting taxes. There are two filings in the annual tax returns, including:
- Corporate Income Tax Return – It has to be filed by the 30th of November for paper filing or by the 15th of December for electronic filing using form C.
- Estimated Chargeable Income – This is the estimate of the latest financial year that ended and has to be filed within 3 months of the company’s financial year-end.

Advantages of Setting Up a Singapore Company

A rational tax system with low tax rates

Singapore has the most rational and simplest tax system in the world. It levies no tax on capital gains or dividends that are given to the shareholders in the company. This means that corporate profits are not double-taxed. There is a tiered tax system in Singapore for corporate taxes. Singapore charges one of the lowest value-added tax rates in the world.

Efficient process for incorporating

With a bureaucracy-free and efficient regulatory framework, Singapore has been ranked on top for ease of doing business. The requirements are simple and the procedure is straightforward. In a few cases, it takes less than a day for company formation in Singapore. Even the annual compliance requirements are devoid of unnecessary paperwork.

Gate for doing business in South
East Asia

The central location of Singapore in Southeast Asia is what makes it a metaphorical and physical gateway to the complete continent. Biggest economies including Australia, Malaysia, India, and China are just a ride away from Singapore. In fact, the port of Singapore is known as the major International Maritime Center.

No restrictions on repatriation of profits or import of capital

Singapore permits a foreigner to own 100% of the stock of a Singapore incorporated company. There are no restrictions on the repatriation of profits. There are no taxes imposed on the dividends paid and on capital gains. Singapore doesn’t impose any restrictions on the flow of foreign currency out or into the country, giving a lot of flexibility to the business.

Well developed capital markets and financial system

Singapore is the center of about 758 capital market service license holders, 787 fund managers, and 132 commercial banks. Not only is it a hub of investments and wealth management in Asia, but it is also the fourth largest forex trading center in the world. Due to this, entrepreneurs can easily obtain funds for the expansion of their business at very low rates.

Stable political and economic climate

With a very stable political environment, Singapore offers entrepreneurs with a strong sense of comfort and security. Its judicial system is recognized as the most efficient due to its anti-corruption laws. Many reports have ranked Singapore on the top for having the most economical climate, which is also why it is a hub for many MNC branches from all over the world.

Why Choose Startupr?

If there are a lot of companies offering the same facilities, why should you select Startupr for the services?

We provide affordable rates

For all our clients, we ensure that the communication is direct and clear. And the services we offer aren’t just limited to our offices but go beyond it. Due to our highly efficient system, our rates are competitive with the others in the market. With us taking care of your filings, you can concentrate better on your business.

We are very punctual

Startupr has a same-day system that would cross-check all your information as soon as you add it into the form. Once this is done, the data is sent to the Accounting and Corporate Regulatory Authority (ACRA) for registering your business in Singapore without wasting any time.

Advanced Technology

Startupr uses modern and advanced technology to incorporate and manage the companies of our clients. We constantly develop the methods we use and implement the new technologies in it in order to offer you the best services.

Feedback is always welcomed

Every suggestion and feedback is welcomed and considered. You can share them at info@startupregistry.hk, and we will do our best to put them into practice as soon as possible. Additionally, we are always happy to assist you with any doubts or questions that you have. Connect with us to get your answers.