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Anonymous

08 Nov 2021

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Career

How much does it cost to start a Pte Ltd in Singapore?

I've seen multiple prices ranging from $300+ on ACRA, to $600+ charged by incorporation service providers. What's the actual or best fee for incoporating a Private Limited?

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If you incorporate a Pte Ltd yourself on ACRA, it's a total of $315. The name reservation fee is $15, and the incorporation fee is $300.

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Corporate service providers can charge anywhere between $350 to $600+. Typically, these are packages which also include useful services like corporate secretarial services, annual ACRA filings, passing of company resolutions etc.

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Here's a guide on how to start a Private Limited in Singapore: https://www.providecover.com/best-guide-to-star...

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Once you've set up your company, don't forget to protect your firm with a comprehensive SME insurance plan.

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If you're interested in starting other types of companies, here are some useful resources:

Starting an LLP: https://www.providecover.com/3-easy-steps-to-st...

Starting a Sole Proprietor: https://www.providecover.com/starting-sole-prop...

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