asia pacific

Incorporate a Startup in SingaporePrivate Limited (Pte Ltd)

Asia’s startup gateway. Low corporate tax, strong IP protection, and world-class banking.

Key incorporation facts for Singapore

Time to incorporate
1 - 3 days
Estimated setup cost
S$315 - S$1,500
Corporate tax rate
17% (effective ~8.5% w/ SUTE)
Ease of remote setup
Limited
Annual compliance: ACRA Annual Return + IRAS Form C-S + GST returns \u00b7 Currency: SGD \u00b7 7 required materials / 19 total

12-step launch checklist

From pre-launch name reservation through first annual filing.

  1. 01
    Reserve company name on ACRA BizFile+
    Pre-Launch
  2. 02
    Appoint at least one local resident director
    Pre-Launch
  3. 03
    Engage a corporate secretary (required within 6 months)
    Incorporation
  4. 04
    Submit incorporation application via BizFile+
    Incorporation
  5. 05
    Adopt constitution and issue founder shares
    Incorporation
  6. 06
    Open corporate bank account (DBS / OCBC / Aspire)
    Banking
  7. 07
    Register for GST if expecting S$1M+ turnover
    Tax
  8. 08
    Apply for Start-Up Tax Exemption with IRAS
    Tax
  9. 09
    Set up CPF account if hiring local employees
    Operations
  10. 10
    Appoint a Data Protection Officer under PDPA
    Compliance
  11. 11
    Apply for industry-specific licences (if required)
    Compliance
  12. 12
    File first Annual Return with ACRA within 6 months of FYE
    Compliance

Incorporate fully online via ACRA BizFile+ - one of the smoothest processes in Asia.

ACRA BizFile+ Incorporation Portal

PORTAL

Singapore's official portal to incorporate a Pte Ltd online.

Standard Constitution (Pte Ltd)

PDF

ACRA model constitution accepted by default for private companies.

statuteREQUIREDOpen resource \u2192

Shareholders Agreement (SG)

DOCX

Drafting guide for Singapore Pte Ltd shareholders agreement.

templateREQUIREDOpen resource \u2192

Employment Contract (MOM KETs)

DOCX

Ministry of Manpower-compliant contract with mandatory Key Employment Terms.

templateREQUIREDOpen resource \u2192

Convertible Note Template

DOCX

Standard convertible instrument used by SEA seed investors.

Tax & Banking

IRAS, GST, CPF and corporate banking onboarding requirements.

IRAS Corporate Tax Portal

PORTAL

Automatic CT registration on incorporation; file Form C-S annually.

GST Registration Guide

PORTAL

Mandatory once taxable turnover exceeds S$1M. Optional below.

Start-Up Tax Exemption (SUTE)

PORTAL

75% tax exemption on first S$100k for first 3 YAs - claim guide.

CPF for Employers

PORTAL

Central Provident Fund contributions required for SC/PR employees.

DBS / OCBC Corporate Account Checklist

LINK

Documents required to open a Singapore corporate bank account.

Regulatory & Licenses

PDPA, work passes, and industry licensing through GoBusiness.

PDPA Compliance Guide

PDF

Personal Data Protection Act obligations and Data Protection Officer appointment.

Employment Pass (EP) Application

PORTAL

EP / S Pass guidance for foreign hires.

GoBusiness Licensing Portal

PORTAL

One-stop licensing for F&B, fintech, healthcare, and education.

MAS Fintech Regulatory Sandbox

PORTAL

For fintech startups - MAS sandbox application guide.

Local Infrastructure

End-to-end formation, neobanking, and Singaporean accelerators.

Sleek / Osome

PORTAL

End-to-end SG incorporation, secretary, and accounting bundle.

Aspire / Wise Business

PORTAL

Multi-currency neobank accounts opened within days.

JustCo / The Working Capitol

PORTAL

Flexible coworking across CBD and Tanjong Pagar.

Frequently asked questions

How much does it cost to incorporate in Singapore?
Setup typically costs S$315 - S$1,500, with a 17% (effective ~8.5% w/ SUTE) corporate tax rate.
How long does it take to incorporate in Singapore?
Incorporation usually completes in 1 - 3 days.
Can I incorporate remotely in Singapore?
Singapore typically requires some in-person steps or a local agent.
What annual compliance applies to a Private Limited (Pte Ltd)?
ACRA Annual Return + IRAS Form C-S + GST returns

Ready to incorporate?

Open the interactive launch blueprint for Singapore: track your progress, compare with other jurisdictions, ask the AI Launch Copilot, and download a personalised PDF plan.

Open Interactive Blueprint