What is the process of registering a company in Singapore as a foreigner?

[Relin Consultants]

Registering a company in Singapore as a foreigner is a straightforward process when you have the right guidance. Here’s a step-by-step overview:

1. Choose a Business Structure – The most common option for foreigners is a Private Limited Company (Pte Ltd) due to its scalability, limited liability, and tax benefits.
2. Appoint a Local Director – Singapore’s regulations require at least one resident director (a Singapore citizen, permanent resident, or someone with an EntrePass or Employment Pass). If you don’t have one, firms like Relin Consultants can provide nominee director services.
3. Reserve a Company Name – Your business name must be approved by ACRA (Accounting and Corporate Regulatory Authority) and should not be identical to existing entities or contain restricted words.
4. Prepare Required Documents – These include shareholder and director details, the company constitution, registered office address, and business activity details.
5. Company Registration with ACRA – Once all documents are submitted, ACRA typically processes the registration within 1-3 business days.
6. Corporate Bank Account Opening – To operate legally, you need a corporate bank account. Requirements vary depending on the bank, and some may require in-person verification.
7. Apply for Work Pass (If Needed) – If you plan to manage your business in Singapore, you’ll need an Employment Pass (EP) or EntrePass.

With the right assistance, you can register your business in Singapore seamlessly. Relin Consultants offers end-to-end company incorporation services, including nominee director support, compliance guidance, and bank account assistance. Contact us today to simplify your Singapore business setup!