Fast and inexpensive company registration in Singapore
Singapore has long been one of the most popular global destinations for international business registration. Discover the jurisdiction’s benefits and register your Singapore company with Intracorp.
Advantages of Singapore companies:
A Very Reputable Jurisdiction
Singapore is renowned as a global hub for financial services and high technology. At the same time, the country offers low corporate tax rates, attracting businesses from around the world.
Low Cost
Low registration and annual company maintenance costs, simplified reporting procedures.
Audit Exemptions
Small companies are exempt from the requirement of financial statement auditing, enabling them to save significantly on administrative expenses.
Territorial Principle of Taxation
If the company conducts all its activities outside of Singapore and receives revenue into foreign bank accounts, such income could be entirely exempt from Singaporean corporate tax, in line with the principle of territorial taxation.
Significant tax incentives and deductions.
Substantial tax incentives and deductions apply even to companies with local income. Essentially, all Singaporean companies enjoy tax privileges, including on domestic earnings., which make effective corporate tax rates range from 4 to a maximum of 17 percent.
Long term visas and residency options through company incorporation
By having a functioning company with turnover and business presence in Singapore, you can secure a long-term work visa for relocating to the country and changing your tax residency.
Navigating the Registration Process with Ease
Structure and Name
We start by understanding your business goals and needs. Our experts provide personalized advice on the optimal business structure and registration requirements. Choose between LLC or Inc and finalize your business name, reflecting your brand identity.
Key Person Details
Provide essential documents for directors, managers, shareholders, or members in preparation for legal procedures.
Articles Selection
Opt for standard articles or provide your customized articles to shape your business framework.
Incorporation Documents
Relax as your incorporation documents are prepared and submitted. Within the same day you will receive your registration confirmation from the state authorities. Your company is ready for business!
Singapore Company Registration Process
Simple and Streamlined Process
INTRACORP is a Licensed Registration Filing Agent (RFA) in Singapore with more than 10 years experience in corporate services, banking, accounting and taxation. When you come to us, you register your company without intermediaries, allowing you to obtain your new company in Singapore within just 1-2 days.
We Offer No-Hidden Costs of Company Incorporation Packages starting from only $1790-
This is what the standard package include:
Name check and reservation, document processing and registration with the Singapore Companies Registrar (ACRA).
- Certificate of Incorporation
- Extracts from the Register (Business Profile)
- Articles (Constitution)
Having at least one local company director is a mandatory requirement in Singapore. We will advise what will be the best option – whether to appoint a nominee or obtain a work visa which will help you fulfill the local director position
Singaporean legislation mandates appointing a company secretary who will be responsible for maintaining and formalizing the company’s statutory documents. We provide professional corporate secretary services with quality assurance.
This is the official address of the company where it can be reached for business and official correspondence, whether it is from the government agencies, banks or business partners. Our package already include the registered address in Singapore
What are the PROs of working with us:
We always provide honest and transparent terms:
Incorporation in shortest timelines
We incorporate directly and always take responsibility for our work
Full Package with No Hidden Cost
You receive an invoice with a description of the service upfront, and the price remains unchanged afterward
We do not charge a "security deposit."
Essentially, that's a hidden cost. We do not practice this.
С нами просто и приятно работать
We respond promptly, provide precise and detailed answers, and offer professional consultation.
Additional services from our company:
- Tax Certificates
- Documents Legalization
- In-House Accounting Service
- Assistance with Bank Account Opening
Our Recomendations:
Choice of Banks
Online Banks (Anext, Wise, Airwallex, Fazz, Aspire and more)
For companies with small turnovers and low account balances (e.g., web design, hosting, online stores, etc.), it’s recommended to open an account in a payment system. Benefits include low service fees, quick payments and convenient interface.
Retail Banks in SIngapore
For growing companies with a local presence it might be a good option to open an account in one of local banks in Singapore. Benefits include convenience in using local infrastructure (such as paying local salaries and taxes) and reliable banks. Drawbacks: some banks are getting picky and it may be challenging to open and maintain a company account, especially for non-resident businesses.
Banks in Other Countries
For companies with substantial turnovers and majority of transactions outside of Singapore it might be worth exploring this option. Some banks may give you a more personalized service and additional products, like trade financing, for example.
F.A.Q.
Frequently Asked Questions
If all necessary documents and information are provided, the company is usually registered on the same day.
Intracorp offers entirely competitive prices for both registration and all related services in Singapore. The price for a basic “turnkey” company registration package in Singapore for foreign residents start from $1790 USD, including full company infrastructure.
Currently, banks consider a range of criteria when reviewing account openings. One of the most significant is having economic ties in Singapore, such as local clients or suppliers. Feel free to contact us for a complimentary preliminary assessment of your case..
In Singapore, there is a corporate income tax applied on a territorial basis, depending on where the company generates income and whether it is remitted to Singapore. Additionally, other taxes like GST may apply. We recommend visiting our tax section and reaching out to us for a complimentary consultation.
Still Have Questions?
Connect with us for a consultation on your company set-up in Singapore and receive all the necessary information and support!