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Anonymous

14 Nov 2021

Career

How much to start a Pte Ltd to run my own e-commerce company?

How much to start a Pte Ltd

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Setting up a Pte Ltd will cost you $315 if you do it yourself. $15 for ACRA's name reservation, and $300 for the actual incorporation.

If you use an incorporation service provider, it can cost you anywhere from $400 to $600+. These are packages that typically will include company secretarial services (which you need for a Pte Ltd), mandatory ACRA annual filings, passing of resolutions, and potentially some basic unaudited accounting (subject to a limitted number of transactions per month).

Here's a guide on how to set up your own Pte Ltd company: https://www.providecover.com/best-guide-to-star...

If you're running an E-Commerce company, make sure you have product liability insurance to cover yourself against liability in case your products cause injuries or property damage to others.

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