Set Up A Company in Singapore Affordably!

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Register a Company in Singapore

Starting a company in Singapore is fast, transparent, and business-friendly — when done right. PL Biz Consulting helps local and foreign entrepreneurs incorporate their companies in Singapore with ease, accuracy, and full regulatory compliance.

Our Company Incorporation Services Include:

Company name availability check and reservation
Preparation and filing of incorporation documents with ACRA
Appointment of resident director (nominee director, if required)
Company secretary appointment (mandatory compliance)
Registered local business address
Shareholder and share capital structuring guidance

Can a Foreigner Open a Company in Singapore?

Yes — a foreigner can absolutely set up a company in Singapore.

Foreign individuals and corporate shareholders can own 100% of a Singapore company. However, to comply with Singapore’s company law:

Your company must appoint at least one locally resident director (a Singapore Citizen, Permanent Resident, or Employment/EntrePass holder). If you don’t have one, you can appoint a nominee director.
A registered filing agent (ACRA-qualified agent) must handle the incorporation on behalf of foreign applicants.
You must also have a local registered office address and appoint a company secretary within 6 months of incorporation.

This setup makes Singapore a flexible and attractive location for global entrepreneurs.

How much does it cost to start a company in Singapore

The cost has two main components: government fees and professional services.

Mandatory Government Fees (payable to ACRA):

Company name reservation: SGD 15

Company incorporation filing: SGD 300
Total government fees: SGD 315

Typical Professional Service Costs (via a service provider like PL Biz Consulting):
While these vary based on the services you require, most foreign founders budget for:

Registered filing agent / incorporation services: SGD 500–1,500+
Company secretary: SGD 800–1,500/year
Registered local address: SGD 300–600/year
Nominee director (if needed): SGD 2,000–5,000/year

Typical first-year all-in cost: ~SGD 3,000–7,000+ for foreigners who need full support.

The exact total depends on the complexity of your business and the services you choose.

How much time will it take to start a new company?

Singapore’s company incorporation process is one of the fastest in the world:

Name approval: usually within the same day or a few hours.
Incorporation approval with ACRA: often 1–3 business days once all documents are ready and submitted.

Overall, most companies can be legally incorporated in just 3–7 working days under normal conditions.

Note: If the proposed company name or business activity needs additional approvals from other government agencies (e.g., for regulated industries), the process might take longer.

Why should I hire an Acra-qualified agent for company incorporation?

Hiring a qualified agent is essential and highly beneficial because:

Legal Requirement for Foreigners – Foreign applicants cannot file directly with ACRA without a registered filing agent to submit on their behalf.
Expertise & Compliance – Agents know Singapore’s regulations, ensure all documents are correctly prepared and reduce the risk of delays or rejections.
Faster & Smoother Process – ACRA filings are digital, but coordinating documents, signatures, and compliance requirements is complex on your own. A qualified agent streamlines everything end-to-end.
Local Representation – Agents provide important services such as company secretary support and can assist with nominee director arrangements if you don’t have a local director.

In short, engaging an ACRA-qualified agent ensures your incorporation is compliant, fast, and worry-free.

Do you provide company secretarial services also?

Yes — PL Biz Consulting provides full company secretarial services.

Under Singapore law:

Every company must appoint a qualified company secretary within 6 months of incorporation.
The company secretary must be a resident of Singapore and handle ongoing compliance requirements.

Our company secretarial services include:

Appointment and ongoing support as your company secretary
Preparation and maintenance of statutory registers
Filing annual returns and statutory documents with ACRA
Compliance reminders for deadlines (AGM, returns, changes of officers, etc.)
Registered office address services (optional but recommended)

This ongoing support keeps your company compliant with Singapore’s statutory requirements so you can focus on running and growing your business.

About PL Biz Consulting

Whether you’re a local entrepreneur or a foreign investor, our experienced consultants guide you through the entire process, ensuring full compliance with Singapore’s regulations.

Why Choose PL Biz Consulting?

Fast & Easy Registration – Get your company registered within hours!
Affordable Packages – Transparent pricing with no hidden fees.
Regulatory Compliance Assistance – Stay compliant with ACRA and IRAS effortlessly.
Ongoing Business Support – Accounting, taxation, corporate secretarial, and more.

We understand the challenges of setting up a business in Singapore, and we’re here to make the process seamless. Let PL Biz Consulting handle the paperwork and formalities while you focus on growing your business.

Contact us today for a free consultation and take the first step toward your Singapore business success!