Setting up a company in Singapore as a foreigner offers numerous advantages, including 100% foreign ownership, low corporate tax rates, and access to a stable, business-friendly environment with strong legal protections. A Singapore Private Limited Company also enhances your credibility with clients and investors, allows you to sponsor your own Employment Pass, and serves as a gateway to expanding into Southeast Asia. With fast online registration and no local partner required, it’s one of the most efficient and attractive places for foreigners to start and scale a global business.

3 working days in most cases.

Not necessarily. In most cases, if you are not in the regulated industries like financial, legal or education, it is possible to setup a Singapore company without have to get any license. If you are not sure about whether your business need a license, contact us for a Free Assessment on your case at info@one-visa.com.

Usually, it takes between 1 to 4 weeks depending on the complexity of the company structure.

The structure of the company can affect your company tax residency status and it will also impact the kind of service you can offer and your control to the business entity in Singapore. Speak to our experts to understand the optimum structure for you.

Yes, you can secure either an employment pass or Singapore Entrepreneur Pass but it is still subject to the visa criteria. Being a director and shareholder of a Singapore company does not mean that you will get the visa approved. Immigration requirement is more stringent than the company set up criteria. Contact our consultant for further advice.

Setting up a Private Limited Company (Pte Ltd) in Singapore is the most preferred structure for foreign entrepreneurs due to its credibility, limited liability, and tax advantages. This business structure allows you to:

• Enjoy 100% foreign ownership without needing a local partner

• Limit personal liability to your investment in the company

• Build trust with clients and investors, as a Pte Ltd is seen as a serious and professional entity

• Gain access to Singapore’s low corporate tax rates, government grants, and banking facilities

• Sponsor your own Employment Pass to relocate and run your business in Singapore legally

• Scale your business easily, as a Pte Ltd allows for capital raising, adding shareholders, and expanding regionally

Overall, a Private Limited Company offers foreign business owners a strong legal and financial foundation to grow in Singapore and throughout Asia.

To register a company in Singapore, you’ll need to choose a unique company name, decide on a suitable structure (most foreigners opt for a Private Limited Company), appoint at least one local director, prepare the necessary documents, and submit your application online via ACRA’s BizFile+ portal. The process is usually completed within 1–3 working days. Foreigners must engage a registered filing agent or appoint a local director to proceed. Once incorporated, you can open a corporate bank account and fulfill ongoing compliance such as annual filing and tax reporting. Refer to our company setup guide.

To set up a company in Singapore as a foreigner, you’ll need a unique company name approved by ACRA, at least one shareholder (which can be foreign), one local resident director, a qualified company secretary, a registered Singapore address, and a minimum paid-up capital of S$1. Foreigners who are not residing in Singapore must engage a registered filing agent to handle the incorporation process. If you plan to manage the business locally, you’ll also need to apply for a work pass such as an Employment Pass.