Starting a business in Singapore
If you’re looking to establish your business in Singapore, our company incorporation services can help.
Set up your business in Singapore
The importance of compliance when doing business in Singapore can be underestimated. As a world leader in compliance, the path to foreign company incorporation is complex and highly regulated. Without knowing how to navigate the system, it can be filled with delays, roadblocks and potential penalties.
At CSLB Asia, we’ll help you avoid these setbacks. With our wealth of expertise and local knowledge, we’ll put the right solutions in place for your business.
Essentials: resident director and company secretary
If you’re looking to expand into Singapore, a key mandatory requirement is to appoint resident directory and company secretary. The director and company secretary must be a resident of Singapore and have the required levels of experience and qualifications. They are responsible for a range of activities around ensuring a company complies with the relevant regulations and legislation.
Our director and company secretary services
Company structure advice and implementation
Company registration
Resident Nominee Director
Nominee Shareholder
Establishing a registered office/s
Bank account opening
Maintaining statutory records
Filing annual returns
Company dissolution
Why CSLB Asia?
Clarity and direction
Confused by the different rules and regulations? We’re a clear voice in a complex environment. Through straightforward advice and practical support, we make the process of navigating the rules and staying compliant seamless.
Proven expertise
With over 25 years of experience helping companies succeed in foreign markets, we combine corporate smarts with small business flexibility in working as your trusted partner in Asia.
Insider knowledge
Our in-market experience gives us the insights to know how to get things done, and fast. Along with our extensive networks on the ground, we keep across all the latest developments.
Tailored solutions
We don’t believe in a one-size-fits-all approach. Because when it comes to doing business in a foreign country, each business has unique challenges. So we tailor our services to make sure you get the best possible advice for your business.
FAQ
+ Can an expatriate or non-resident start a business in Singapore?
Yes, a foreigner can start a business in Singapore. There are many international companies operating in Singapore who follow the rules and regulations specific to foreign businesses.
If you’re looking to get established in Singapore, you’ll need to consider:
- Company incorporation
- Resident Director
- Company Secretary
- Work visas
+What is the process to register a company in Singapore?
There are minimum requirements for your company to be registered in Singapore. These include having:
- at least one director who is a resident of Singapore
- at least one shareholder (local or foreign)
- a company secretary who resides in Singapore
- a local registered office in Singapore.
You’ll also need to hold the right work permits, have a local bank account and your company name approved by ACRA.
+How long does it take to incorporate a company in Singapore?
Once we have all the documentation ready, it usually takes around 24 hours for the incorporation to be complete.
+My industry isn’t highly regulated. Do I still need help with compliance?
Yes. Doing business in Singapore is heavily regulated, and there are specific rules that apply to foreign companies regardless of what industry they’re in. There are minimum requirements you need to meet to both enter the market, and to continue operating once your business is established. Working with a corporate services provider that specialises in Singapore, like CSLB Asia, can help ensure you continue to meet your compliance obligations.
Ready to take the next step?
At CSLB Asia, we’ll show you how.