Register a new company in Singapore:
Company Incorporation Services
Ready to setup a company in Singapore?
Before you register a new company in Singapore with ACRA, there are some points to consider.
1) Company and Business Structure
There are several business structures to choose from:
– Private Limited Company
– Partnership
– Limited Partnership
– Limited Liability Partnership
– Sole Proprietorship
Each business structure carries with it different rights and obligations which you should be aware of before choosing the structure for your business.
Advisorly will advise on the structure best suited for your business to minimise risk for you and your business, and also the various grants and subsidies available.
2) Reserving a Name for your company or Business with ACRA
Every company require a name that is suitable to represent its brand and offerings. Choosing the ideal name is difficult when there are limitations by ACRA on the words and phrases that can be used in a company name. Your ideal company name may also already be in use or reserve by others in ACRA or the domain name is unavailable. Once you have decided on the company name, Advisorly will assist to reserve the chosen company name in ACRA. Upon approval by ACRA, you may proceed to incorporate the company or business within 120 days.
3) Register a New Company in Singapore: Incorporation Processes
For Singaporeans and Permanent Residents
The process of incorporation is mainly done through online forms. Advisorly will send you the incorporation and due diligence forms on the information required by ACRA. In most circumstances, Advisorly is able to register a company within the day.
For foreigners not based in Singapore
For foreigners who wish to set up a business or company in Singapore, Advisorly is a Registered Filing Agent that is able to submit the application on your behalf. Advisorly will send you the incorporation and due diligence forms on the information required by ACRA.
You will need a Singapore resident to be appointed as a director of your new company. If you do not have a Singapore resident director, you may engage a nominee director to fulfil the ACRA compliance requirement.
Advisorly will advise on the structure best suited for your business, and the various grants and subsidies available.
Services that Advisorly provide to register a new company in Singapore
- Advise on company structure
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Incorporation for Singaporeans and Permanent Residents- Setting up a Private Limited Company (Private Limited, Pte Ltd, etc)- Setting up a Limited Liability Partnership (LLP)
- Setting up a Sole Proprietorship -
Incorporation for Foreigners
- Company incorporation + Employment Pass (EP)
- Company incorporation + Entrepreneur Pass (EntrePass)
- Company incorporation + Nominee Director
- Applying and reserving a business / company name
- Company constitution drafted or reviewed by a lawyer
- Preparing all ACRA registration forms
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Filing with ACRA
- Resolutions: for opening of bank account
- Resolution and Minutes of first board meeting
- Prepare Share certificates
- Prepare Register of controllers