Set up your Singapore
registered company now

 

We provide company formation services and guide you through the registration of your Singapore company.

Entrepreneurs incorporating company

It is true that setting up your company in Singapore is easy, start by preparing the details of your directors, shareholders and business activity (SSIC Code).  Sprout is here to guide you every step of the way, reach out for a free consultation (up to 30 min) on the best company structure.

Set up your company within 24 hours. We provide affordable incorporation packages for your requirements.

Foreigners will require a local nominee director to be appointed. We can provide both nominee director and local registered address. 

Incorporation Packages for Singaporeans or PRs

Minimalist

Incorporation only

S$348

includes S$315 govt fees 

Get a Singapore registered company within 24 hours. Pay as you go for other services.

  • Checking and reserving company name
  • All registration forms
  • Filing with ACRA

Kick-start

incorp + comprehensive secretary

Best value banner

S$588

includes S$375 govt fees 

Essential services needed by most new companies. Best value-for-money with unlimited requests.

  • Everything under Minimalist
  • 12-month Comprehensive Secretary package
  • Compliance kit including registers, minutes book
  • Unlimited requests for essential resolutions

Note: share certificate at S$50 each

Incorporation Packages for Foreigners

 
 
 

launch

incorp + comprehensive secretary

+ nominee director

S$2,588

includes S$375 govt fees.

No deposit required for nominee director. 

All-in package including incorporation, secretary, Singapore registered address, nominee director

  • Singapore registered company
  • 12-month Comprehensive Secretary
  • 12-month Nominee Director
  • Compliance kit including registers, minutes book
  • Unlimited requests for essential resolutions
  • Virtual office

Note: share certificate at S$50 each

 
 
 
 
 

oNshore

incorp +  comprehensive secretary

+ nominee director + Employment pass

S$2,688

includes S$375 govt fees.

No deposit required for nominee director. 

 

For foreigners who are looking to relocate and launch a new business in Singapore.

  • Singapore registered company
  •  
    12-month Comprehensive Secretary
  •  
     
    6-month Nominee Director, where you may takeover the directorship after your relocation
  • Compliance kit including registers, minutes book
  • Unlimited requests for essential resolutions
  • Virtual office
  • Employment pass application
  • Corppass administration
  • Complimentary company stamp

Note: share certificate at S$50 each

2 sprouting trees

Frequently Asked Questions

What are the different business structures?


There are four types of business structures in Singapore, namely: Company, Limited Partnerships, Limited Liability Partnerships and Sole-Proprietorship.

What are the steps to incorporate a company in Singapore?


Key things to decide:

  1. Company name
  2. SSIC codes for intended business activities
  3. Shareholders and shareholdings
  4. Company structure
  5. Company's Registered Address
  6. Company year end
  7. Directors
  8. Constitution

What is a Registered Address?


A registered office address must be provided during your application to incorporate a company. A registered office address refers to the place where all official letters to the company are sent, and the place where the company’s register and records are kept. 


A registered address must be accessible to the public during normal office hours, but need not be where the company conducts its activities

What is a Nominee Director?


Companies Act requires at least 1 local resident to be a director.


A nominee director is one accustomed or under an obligation whether formal or informal to act in accordance with the directions, instructions or wishes of any other person.


For example, a person appointed as director of a company to comply with the Companies Act’s requirement for a local resident director will generally be regarded as a nominee director.

Are there any deposit required for Nominee Director?


No. We understand that start-ups are usually tight-fisted when it comes to finances and we are willing to do our part to help you alleviate that by waiving the deposit requirement.

What are the factors to consider when deciding on a business structure?


  • How much capital are you prepared to invest?
  • How many shareholders will there be in the business?
  • What liabilities and responsibilities are you prepared to assume?
  • What risks are you prepared to take?
  • What are the advantages and disadvantages of the different business entities?
  • Which of the business entity is easy to strike-off?

What are SSIC codes?


The Singapore Standard Industrial Classification (SSIC) is the national standard for classifying economic activities undertaken by economic units and is used for censuses of population, household and establishment surveys and, increasingly, in administrative databases.


During the name application, you are required to specify the primary and secondary (optional) activities of your business by choosing the SSIC codes that best describe your business.

What is a  Company Constitution?


The Constitution is a legal document that:

  1. Describes the key characteristics of the company
  2. Contains the rules and regulations for its governance
  3. Describes how its operations will be carried out
  4. Outlines the rights and responsibilities of the directors shareholders and company secretary

The company's Constitution must be submitted to ACRA upon application. 

Can a director be a corporate body?


The requirements to be appointed as a Director of a Singapore companies are:

  1. At least 18 years old
  2. Of full legal capacity
  3. A Singapore Citizen, Singapore Permanent Resident or EntrePass holder, Employment Pass (EP) holder*
  4. Cannot be disqualified from acting as a director of a company e.g. an undischarged bankrupt.

 *EP holder wishing to become the director of a must first get a Letter of Consent (LOC) from the Ministry of Manpower. 

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