Set up your Singapore registered company now

We provide company formation services to guide you through the registration of your Singapore company.
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Why form a company in Singapore?

World Bank has ranked Singapore as one of top countries for its ease of doing business. Incorporating a new business venture in Singapore is relatively simple, efficient, and quick.
The corporate compliance rules are straightforward and easy to follow.

Favourable corporate tax

Singapore has a flat corporate tax rate of 17% for corporate tax with partial tax exemption for new start-up companies.

Credibility

Singapore's clean reputation as a corruption-free and image lends credibility to your Singapore company.

Hub for business in Asia

Singapore’s strategic location, pro-business environment and competitive workforce makes it a great business hub in the Asia

Why use a corporate service provider

Setting up a company in Singapore is a relatively straightforward process with the right support and advice. More often than not, corporate service providers can provide you sound advice for your company set-up process and assist with all the post-incorporation administration and statutory requirements.

One-stop corporate services solution

Advice to set up right

More affordable with package

Simplify your selection
process  here

Read through the content but you are still uncertain which package suits you better? Take this quiz to narrow down your options.
PRICING

Incorporation packages for

Kick Start

S$600
Save S$1,020
Perfect if you have at least 1 local director
  • Incorporation services
  • 12 Months Comprehensive Secretary
  • AGM & Annual Return Filing
  • Company Constitution
  • S$315 ACRA fee

Jump Start

S$1,100
Save S$450
Most savings for small businesses including ACRA filing, Accounting & Tax
  • Incorporation services
  • 12 Months Comprehensive Secretary
  • AGM & Annual Return Filing
  • Company Constitution
  • S$375 ACRA fee
  • Annual bookkeeping for up to 50 transactions
  • Unaudited Financial Statement compilation
  • Tax filing (Form C-S)
For Singaporeans or PRs

"Optional" Add-ons

Registered Address

$240 annually
S$160

The Corporate Shareholder

$180 each
S$100 each

Launch

+M50

S$2,588
Save S$1,020
+$800
For offshore entrepreneurs or employment pass holders interested to start a company in Singapore
  • Incorporation services
  • 12  Months Comprehensive Secretary
  • AGM & Annual Return Filing
  • Company Constitution
  • 12 Months Registered Address
  • 12 Months Nominee Director
  • CorpPass Management
  • S$375 ACRA fee
  • Bank account opening support

Onshore

+M50

S$2,688
Save S$1,020
+$800
Comes with Employment Pass application for you to relocate to Singapore
  • Incorporation services
  • 12 Months Comprehensive Secretary
  • AGM & Annual Return Filing
  • Company Constitution
  • 12 Months Registered Address
  • 6 Months Nominee Director
  • CorpPass Management
  • S$375 ACRA fee
  • Bank account opening support
  • EP application
For foreigners

Mandatory to sign up M50 Package

S$ 800
Xero Starter Subscription
Up to 50 transaction / year
Tax filing (ECI & Form C-S)
Xero & Dext implementation
Annual unaudited financial statements

Why is our accounting & bookkeeping service mandatory?

Nominee directors have the obligations to understand the operations of the company. Subscribing to our bookkeeping services allows Sprout to gain a more intimate understanding of your business.

What features does the accounting package include?

  • Subscription to Xero Starter
  • Subscription to Dext
  • Xero implementation support
  • Monthly bookkeeping up to 50 records/year
  • Compilation of annual unaudited financial statements
  • Tax filing (Form C-S)
REVIEWS

What others say about us

“I just experienced possibly the best customer experience of all time. I found Sprout online while I was trying to register my company and it turned out to be a wise choice for me. They are available all means of digital channels and respond quite promptly. Thank you, Weng Leong and team, for the help and support. Great Job!! And if anyone of you is looking for corporate service or any such matter look no further.”
Nihar Ranjan
“It was a wonderful wonderful experience having been served by Sprout Asia. From being able to be contactable by phone and online there were also sound advice given. The transactions were really smooth and everything were done over the internet. Most of all the professionalism was remarkable. I honest rate Sprout Asia 5 stars if I can 6. Thanks Jackson.”
Roy Lai
“Highly recommended based on my personal experience. Weng and team were extremely supportive in helping me navigate through many issues that were new to me. Very responsive and helpful in every way. Working with them gives me the reassurance that someone always has my back. Thanks again!”
Ena Yoo
“Since we got in touch till Registration COMPLETED they are very prompt response and did a good job with a very reasonable cost in compare to others.
Thanks guys. It is just a start for long journey.”
Mohd Hassan

Frequently Asked Questions

How do we open bank accounts in Singapore?

Fintech bank account providers will readily accept online applications. On the other hand, brick and mortar banks only provide online applications for selected groups of customers and may require the applicant to visit the branch to meet a banker face to face.

Right now, we also work with some banks to do account opening via video calls to facilitate account opening for overseas clients.

Can you open a bank account for me?

We can assist our clients to set up bank accounts in Singapore.

How should I allocate my shares, is it important?

The share system offers extensive flexibility, meaning shares can fall into numerous categories, depending on how the company decides to structure its stock. Find out more about the different classes of shares here and how the allotment of shares impacts your company here.

What is paid-up capital and how much should I put?

Paid-up capital refers to the total funds a company receives from shareholders in exchange for equity. It is required to be contributed in cash or in kind to the company.

The funds can be as low as $1, but we generally recommend that you start with at least a few thousand dollars of paid-up capital to show that the company has some substance and not purely a shell company.


Sole Proprietorship vs Pte Ltd

Sole Proprietorships and Private Limited Companies (Pte. Ltd.) each have their pros and cons. To understand what works better for you, there are a few factors that you have to take into consideration. You may read more about the pros and cons of each legal structure here.

What is a nominee director & who can be a nominee director?

All Singaporean companies are required to onboard at least one local director on their company’s board. Companies that do not have local directors may choose to appoint a nominee director to meet the requirement. You may find out more about the role of a nominee director here and who can be a nominee director here.

Can I be my own company secretary? What does a company secretary do?

You can be the secretary of the company if you are a local and not the sole director. However, it is important to engage a secretary who is clear on the statutory requirements of the company e.g.  Annual General Meetings, ACRA Annual Return, IRAS ECI and Form C-S. 

How do I decide on my company Financial Year End (FYE)?

The company’s Financial Year End (FYE) is typically a date which is the last day of the month. We recommend choosing the last day of the previous month if you don't have any particular preference (eg. If we are in the middle of May, we recommend 30 April). This will maximise your tax breaks as a start-up company.

What companies require Special Approval?

Companies under selected industries or with names containing certain words will be sent to the respective referral authority. Find out more about selecting the right SSIC codes and relevant industries here.

What is the difference between a standard and special resolution?

Examples of Standard Resolutions are: Changes in business activities, changes in company’s registered address and changes in directorship. Examples of Special Resolutions are: Changes in the company’s Constitution, change of company name and reduction of share capital. Find out more about resolutions here.

Do I need to come to your office to set up a company?

Good news, onboarding with Sprout can be done completely online on our portal. For verification purposes, locals and FIN holders can verify their identity via Singpass, and foreigners will have to go through a video verification and upload a copy of their passport and proof of address. It’s as simple as that!

How long does it take to incorporate a company?

With Sprout’s proprietary onboarding platform, the onboarding process has never been easier. Once the onboarding process is complete, it takes no more than 1-2 working days to incorporate a company - unless the application gets sent to the referral authority by ACRA.

Can Work Permit / S-Pass holders be a Director or Shareholder?

No. S Pass or Work Permit holders are not allowed to carry on or manage any business in Singapore.

What is a Company Constitution?

A company's constitution (formally known as the Memorandum and Association) is a legal document that:

  • Describes the key characteristics of the Company
  • Contains the rules and regulations for its governance
  • Describes how its operations will be carried out
  • Outlines the rights and responsibilities of the Directors, Shareholders and Company Secretary
  • The Company's Constitution must be submitted to ACRA upon application.

    What is an Annual General Meeting (AGM) and how is it linked to my Annual Return Filing (AR)?

    An Annual General Meeting (AGM) is one of the yearly compliance requirements for all Singapore companies. It is held to keep the company’s shareholders updated with the business health, financial performance as well as to lay out important matters such as reelection of directors.

    The company’s Annual Return (AR) is filed after the AGM has been held. Find out more about the statutory requirements here.


    Do I need a company secretary?

    The Company Law in Singapore mandates that every company must appoint a Company Secretary, and the position must not be left vacant for more than 6 months at any point in time.

    The Company Secretary is responsible for ensuring that the company complies with the relevant legislations and regulations. You may find out more about the obligations and requirements of a company secretary here.