How to register a company in Singapore?

1. You must first submit a company name application to ACRA, using BizFile+.

Here's the link: https://www.bizfile.gov.sg

Go to "File eServices" -- "Start a new business"

You'll need to log in with your SingPass if it's your first time using BizFile+.

You can only proceed to incorporate your company after your business name application has been approved.

2. Incorporate your company

Once your name application is approved, you can register your company with ACRA. Login to BizFile+ (same link in step 1) to submit your application.

See: https://www.acra.gov.sg/how-to-guides/setting-u...

The appointed company officers must endorse the incorporation application within 120 days of you submitting your name application (so don't wait too long between steps 1 and 2!).

You can also use a corporate secretary who will handle the whole process for you. There's a company called Osome (https://osome.com/sg/incorporation/?) that handles the company registration process online. They're easy to use and prices are lower than many other corporate secretaries that I've used before. You can read this comparison of 5 online corporate secretaries.

When you incorporate a firm, you'll need at least 1 director - here's a guide on how to appoint company directors.

After registering your company, make sure you properly insure your business. You can get business insurance quotes online at www.providecover.com. You can get instant business insurance quotes, and their prices are also lower than other agents or brokers.​​​

Company Registration Procedure

Step 1:

Getting approval of ACRA for your company name. Quick approval of company name is possible if you follow the following guidelines

• The company name must be unique and can’t be the same as an existing company in Singapore.

• Name of the company should be readable enough

• The company name should be free of any vulgar or obscene word.

• The company name shouldn’t infringe any trademark and can’t violate any copyright issue.

• The company name must not be one already reserved by another company.

• The company name may need approval from higher authorities if the name contains words like “Finance,” “Media,” “Bank,” “Broker,” “Legal,” “Educational,” etc. Approval from higher authority may take a few weeks and delay the process.

Once approved, reserving the company name is possible for sixty days. If you can’t incorporate the company within sixty days, an additional sixty days extension is granted by submitting an application to ACRA.

Step 2:

Preparation of Documents to register company in Singapore is the next step once the company name is approved and reserved for you.

The following documents are needed by ACRA

• A brief description of the company stating business activities and the constitution of the company.

• Registered address details of the company.

• Identity proof and address details of all shareholders

• Identity proof and address details of Directors with signed consent to act as directors

• Identity proof and address details of company secretary with signed consent to act as company secretary

• Foreign businessmen need to submit copies of their passports with overseas address details

ACRA needs your corporate service provider to conduct a KYC (Know Your Customer) due diligence in compliance with the international Anti Money Laundering rules (AML). The following documents are needed as a minimum. Documentation requirements in this regard may vary from one corporate service provider to another.

• Verification of identity and address proof documents

• Professional backgrounds of all stakeholders and employees of the proposed company

Step 3:

Submitting an application to ACRA is the final process and can be done online. If all documents are in order, official registration with ACRA can be done in less than an hour. If ACRA needs to refer the registration to other government agencies for additional verification, the registration process may take a few additional weeks.

Once the Singapore company registration process is successfully completed, ACRA sends an official confirmation through email vetting the incorporation of the company with its registration number. The soft copy is treated as a valid registration certificate. A hard copy can also be obtained through an online application. Read More (https://intuitconsultancy.com/sg/singapore-comp...)