{"id":20447,"date":"2026-06-05T15:20:09","date_gmt":"2026-06-05T07:20:09","guid":{"rendered":"https:\/\/www.accoladegroup.com.hk\/?page_id=20375"},"modified":"2026-06-15T16:49:07","modified_gmt":"2026-06-15T08:49:07","slug":"singapore-company-incorporation","status":"publish","type":"page","link":"https:\/\/www.accoladeip.com\/sg\/en\/singapore-company-incorporation\/","title":{"rendered":"[ACSL]Singapore Company Incorporation"},"content":{"rendered":"
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Company Incorporation Singapore <\/h1><\/div>\n

\n\tHome<\/a><\/font>\n\t<\/span>\n\tCompany Incorporation<\/font><\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div>

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Singapore \u2013 Brief Description<\/h2> <\/div>\n\t
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Singapore has long been a popular choice when it comes to doing business worldwide. Doing business in Singapore is highly sought after due to factors including the quantity of competent labor, low taxes, and the strict protection of intellectual property rights. Furthermore, Singapore\u2019s stable political environment, excellent strategic location and highly open economy make it attractive for companies looking to conduct business therein.<\/p>\n\t\t\n\t\t\t\t

Singapore is one of the easiest countries to do business in \u2013 it was ranked second out of 138 economies in the World Economic Forum\u2019s Global Competitiveness Report 2016-2017, and second out of 190 economies in the World Bank\u2019s Doing Business 2017 report.<\/p>\n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div>

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Advantages of Singapore Company Incorporation<\/h2>\t\t\n\t
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01. Limited Liability<\/font><\/h3>\n\t

A Singapore company has a separate legal entity distinct from its members, allowing it to acquire assets, go into debt, enter into contracts, sue or be sued in its own name. The shareholders\u2019 liability to the company is limited to the amount of their respective share capital investment, unless they have given personal guarantees.<\/p>\n\t\n\t\t

Moreover, because of the separate legal personality of the company from its shareholders, it will continue to exist, even if its shareholders or directors die, resign, or go bankrupt.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

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02. Ease of Share Transfer<\/font><\/h3>\n\t

Shareholders are free to transfer their shares with other shareholders subject to any restrictions by the company constitution. Furthermore, company directors normally do not have the right to refuse the transfer of shares from one shareholder to another.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div>

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03. Established Legislation<\/font><\/h3>\n\t

Clear structures are laid out in the Singapore Companies Act, which is the main law that regulates and governs company compliance in Singapore. The Singapore Companies Act applies to all private and public companies incorporated in Singapore, as well as foreign companies with branches in Singapore and governs the organization and procedures to be followed by the aforementioned companies.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>

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04. Minimal Shareholder Requirement<\/font><\/h3>\n\t

A Singapore company may be set up with only one (1) shareholder who do not need to be a national of Singapore and can either be a natural person or corporate body, and one (1) local resident director. <\/p>\n<\/div><\/div><\/div><\/div><\/div>

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05.<\/font><\/h3>\n\t

The minimum number: One shareholder and director.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

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06.<\/font><\/h3>\n\t

Companies may find it easier than partnerships to borrow, as they are able to create floating charges over its assets.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div>

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07.<\/font><\/h3>\n\t

Incorporation is sometimes seen as supporting an image of status and credibility.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

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08. Relative Exemption from Audit Requirement<\/font><\/h3>\n\t

A \u201csmall company\u201d is exempt from appointing an auditor and auditing its financial statements. A company is considered to be a small company if it fulfils at least two out of the following three conditions:<\/p>\n\t\n\t\t

\u2022\tThe total annual revenue of the company must not exceed S$10 million;<\/p>\n\t

\u2022\tThe total assets of the company for the financial year end must not exceed S$10 million;<\/p>\n\t

\u2022\tThe number of full-time employees at the end of the financial year must not exceed 50.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

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Set-up procedure<\/h2> \u00a0 \u00a0 \n
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    1<\/font><\/h2>\n

    Fill up our order form and providing the necessary information (e.g. choice of company name, nature of business, and details of the shareholders\/directors).<\/p>\n <\/div>\n <\/ul>\n <\/div>\n\n

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      2<\/font><\/h2>\n

      Submit the form back to Accolade for so we can check the availability of the proposed company name and prepare the pre-incorporation documents for execution.<\/p>\n <\/div>\n <\/ul>\n <\/div>\n\n

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        3<\/font><\/h2>\n

        Upon payment, the company will be incorporated immediately.\n<\/p>\n <\/div>\n <\/ul>\n <\/div>\n\n<\/div>\n<\/div><\/div><\/div>

        Requirements for the Formation of a Singapore Private Limited Company<\/h2> \u00a0 \u00a0 \n
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        01.<\/font>Shareholder\/Director\/Company Secretary<\/h3>\n\n\t

        There should be at least one (1) shareholder who may be a corporate body or individual, one (1) director who must be a resident of Singapore and one (1) company secretary who must also be a resident of Singapore. The named shareholder can also act as a director if he\/she is a local resident; however, the sole shareholder and director cannot act as the company secretary. <\/p>\n\t\n\t\t

        Accolade provides director nominee services for a fee, if required by the client.<\/p>\n\n

        02.<\/font>Paid-up Share Capital<\/h3>\n\t\t

        The minimum initial paid-up share capital of a Singapore Private Limited Company is S$ 1.00.<\/p>\n\t\n\t\n

        03.<\/font>Registered Address<\/h3>\n\t\n\t\t\t

        A Singapore Private Limited Company must have a registered address in Singapore.<\/p>\n<\/div>\n\n\n\n<\/div><\/div><\/div>

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        Company Incorporation Singapore Home Company Incorporation Singapore \u2013 Brief Description Singapore has long been a popular choice when it comes […]<\/p>\n","protected":false},"author":8,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/template-acsl.php","meta":{"inline_featured_image":false,"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.accoladeip.com\/sg\/wp-json\/wp\/v2\/pages\/20447"}],"collection":[{"href":"https:\/\/www.accoladeip.com\/sg\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.accoladeip.com\/sg\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.accoladeip.com\/sg\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.accoladeip.com\/sg\/wp-json\/wp\/v2\/comments?post=20447"}],"version-history":[{"count":4,"href":"https:\/\/www.accoladeip.com\/sg\/wp-json\/wp\/v2\/pages\/20447\/revisions"}],"predecessor-version":[{"id":21136,"href":"https:\/\/www.accoladeip.com\/sg\/wp-json\/wp\/v2\/pages\/20447\/revisions\/21136"}],"wp:attachment":[{"href":"https:\/\/www.accoladeip.com\/sg\/wp-json\/wp\/v2\/media?parent=20447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}