Setting up a company in Singapore as a Foreigner
Foreigners looking to set up a company in Singapore can do so easily in Singapore.
Why Lionsworld?
38 Years of Experience in Incorporation & Corporate Secretarial Services
Assisted to set up more than 10,000 companies
We track the Filing Deadlines for your Company
No Hidden Fees for all our services
Set up in 1 hour: Professional & Efficient Service
Registered Business Address & Office Spaces Available
We keep your Company’s Minute Book safe & secure
Ensure that all your documents are legally recognized
We are your one-stop service provider for your company!
Our Package
S$180 only, Set up in 1 hour!
Company Setting up Package
- Processing and Filing Fees – S$180
- Government Fees – S$315
- 50% OFF 1st Year Secretarial Service – S$300
- FREE Co-sharing Lounge and Business Clubhouse usage for 3 months from registration (worth S$225)
- FREE Marketing services (worth S$5,000+)
- FREE usage of Conference & Meeting Room for 3 months from registration (4 hours/month, worth S$200)
- FREE due diligence of up to 2 local officers (worth S$200)
- FREE Share Certificates
- FREE Company Profile
- FREE assistance for bank account opening with a bank of your choice
- FREE Memorandum & Articles of Associations
- FREE First Director’s Minutes
- FREE E-Certificate of Incorporation
- FREE Attestations and Witnessing
Procedures for Company Set up
Step 1:
Decide on your Company Name & Business Activity
In order to proceed with your Registration, you will first need to decide on a desirable company name. Click here to read more about: Choosing a Company Name.
In Singapore, it is necessary to appoint a local resident director in order to proceed with the company registration.
There are a few other basic requirements to be met before the registration can proceed:
- Minimum 1 Shareholder, Maximum 50 shareholders
- Minimum 1 Company Secretary
- Minimum 1 Local Director (Singaporean/Permanent Resident)
- Usually Minimum paid-up capital of $1 with Minimum 1 Share
- Company must have a Singapore registered office address
- Desirable Company Name (Must Be Approved by ACRA)
Read more about the basic requirements here: Detailed requirements for company registration
In order to proceed with your Registration, you will first need to decide on a desirable company name. Click here to read more about: Choosing a Company Name.
Read more about the basic requirements here: Detailed requirements for company registration
Step 2:
Approach your Company Secretary to reserve the company name & prepare the incorporation documents
Once all the requirements have been fulfilled, you can approach your company secretary to reserve your company name and to start preparing all the necessary registration documents.
Appoint Lionsworld as your Corporate Secretary:
Appoint Lionsworld as your Corporate Secretary:
Step 3:
Gets all your documents signed & filed to complete your incorporation
Once all the registration documents are prepared, you and your other company directors and/or shareholders will have to sign the documents.
All documents have to be originally signed.
* Documents which are e-signed may not be recognized during any disputes or conflicts. Click here to read more about: Digital & Electronic Signatures
As some official registration documents will need to be officially witnessed and notarized, directors/shareholders who are overseas or unable to visit can sign in front of a notary public. Click here to read more about: Notarizing Documents.
All documents have to be originally signed.
* Documents which are e-signed may not be recognized during any disputes or conflicts. Click here to read more about: Digital & Electronic Signatures
As some official registration documents will need to be officially witnessed and notarized, directors/shareholders who are overseas or unable to visit can sign in front of a notary public. Click here to read more about: Notarizing Documents.
Schedule a consultation with us or Send us your enquiries now!
Tel: +65 6336 9911
Whatsapp: +65 9869 5512
Email: helpdesk@lionsworld.com.sg
Lionsworld Incorporation Pte. Ltd.
111 North Bridge Road #21-01 Singapore 179098
Client Testimonials
FAQs
Before the registration can proceed, there are a few basic requirements to be met:
- Minimum 1 Shareholder, Maximum 50 shareholders
- Minimum 1 Company Secretary
- Minimum 1 Local Director (Singaporean/Permanent Resident)
- Usually Minimum paid-up capital of $1 with Minimum 1 Share
- Company must have a Singapore registered office address
- Desirable Company Name (Must Be Approved by ACRA)
For foreign directors and/or shareholders who are unable to be in Singapore to sign the necessary company registration documents, you can sign them in your home country. It is not necessary to be present in Singapore to complete the company registration.
The registration documents need to be signed physically and originally by the director and/or shareholder. In Singapore, e-signatures are still not accepted. Click here to read more about electronic signatures in Singapore.
Certain documents will need to be notarized by a notary public in your home country as well. Click here to read more about document notarization.
In order to protect all the members of the company, it is the duty of the company secretary to ensure that all the documents are in order and properly kept inside the company’s minute book. At least one original signed copy of the company documents should always be kept inside the company minute book in order to ensure that all company documents remain well-maintained, recognized and legally binding to avoid any possible disputes.
At the same time, it is also the corporate secretary’s role to provide clear and proper advice to the members of the company on their queries related to their company structure and filings.
Click here to read more about the role and responsibilities of a Corporate Secretary.
As many of our clients know, at Lionsworld, we do not accept electronic signatures or digital signatures.
The reason is simple: Currently, the only form of digital signature legally recognized in Singapore is your SingPass. Unfortunately, as SingPass is used exclusively for government operations, private companies are currently unable to utilize SingPass for their own functions.
As such, there is no legally recognized means of digital/electronic signature in Singapore at the moment.
In order to ensure that a document is to be recognized and binding via a signature, one must still provide an original, hard copy signature of the document. Certain documents, such as incorporation documents, change in directorship and shareholding of a company, must even be notarized and/or properly witnessed in order to ensure that the signature is original and to ensure that the person signing the document meets the legal requirements of identity.
If there is any dispute raised, electronically signed documents will not be recognized under Singapore’s law.
Click here to read more about Electronic Signatures in Singapore.
Have more questions before you register your company?
Click here to see more FAQs or Send us your enquiries below now!