Company Formation Singapore Made Personal — Accounting & Cross-Border Support
ACRA Registered Filing Agent Fa20122913. Your trusted corporate services partner since 2012
Your Singapore business setup, simplified
INCORPORATE.COMPLY.GROW
Singapore Company Incorporation: What You Need to Know
Singapore allows 100% foreign ownership — no local partner required. Government fees total S$315 (S$15 name reservation + S$300 registration). Most companies are incorporated within 1-3 days, and your UEN (Unique Entity Number) is issued the same day ACRA approves your application.
S$315 mandatory government fees. Professional fees quoted separately based on your actual needs — no fixed packages.
Name approval: ~1-2 hours. Document prep: 1-3 days. ACRA filing: same day. UEN issued immediately upon approval.
100% allowed. No local shareholder required. You can be the sole owner of your Singapore company.
Key Takeaways
- One resident director required — Under Section 145 of the Companies Act, every Singapore company needs at least one director who lives in Singapore. If you don't reside here, a nominee director service fulfills this requirement.
- You keep 100% ownership — The nominee director requirement does not affect your ownership or control. You remain the sole shareholder and director of operations.
- S$1 minimum paid-up capital — No large upfront capital required. You can start with S$1 and increase later when needed.
- Flat 17% corporate tax — New companies enjoy the Start-Up Tax Exemption (SUTE), which significantly reduces effective tax rate in the first three years.
- Your UEN is your business ID — Issued same day. Works across ACRA, IRAS, MOM, and all banks. One number for everything.
Fast Facts
Important tax note — click to expand
- Approved company name
- At least 1 resident director
- Local registered address
- Company secretary within 6 months
- Minimum capital from S$1
- Approved company name
- Nominee director available
- Local registered address
- Company secretary within 6 months
- Minimum capital from S$1
- Name application: S$15
- Incorporation fee: S$300
- Total mandatory: S$315
- Professional fees quoted separately
- Name approval: ~1-2 hours
- Document prep: 1-3 days
- BizFile filing: same day
- UEN issued: same day
If you are a foreign founder, we highly recommend reviewing our 2026 Singapore Incorporation Guide for Foreigners to understand ACRA KYC requirements before you begin. For regional growth, explore our strategic guide on cross-border taxation to ensure efficient structuring from day one.
Our Approach to Pricing
We believe that every business is unique. Rather than fitting your company into a rigid, pre-packaged bundle, we take the time to understand your specific operational needs and build a scope of service that matches them exactly. This ensures your compliance is handled with precision, without unnecessary overhead.
| Typical Online Incorporation Platforms | Terra Advisory Services |
|---|---|
| Rigid, pre-bundled "packages" you must upgrade | Custom scope built strictly for your actual business needs |
| Hidden renewal fees, upsells, and per-signature charges | Transparent, upfront quoting with no hidden costs |
| Automated, faceless support tickets | Dedicated, senior-level human advisor from day one |
| One-size-fits-all advice | Tailored cross-border strategy (Singapore & Malaysia) |
The Team Behind Terra Advisory Services
For over 14 years, I have worked directly with entrepreneurs navigating Singapore's business environment. My goal has always been the same — make company formation straightforward, keep compliance clean, and give every founder a clear path forward from day one.
We are not a faceless platform. Every incorporation is reviewed by our senior team. Every filing is submitted accurately and on time.
- ACRA Registered Filing Agent since 2012 (FA20122913)
- Singapore company formation and compliance
- Corporate secretarial, nominee director, and immigration
Sim Chong Yen leads SCY Terra Advisory, Terra Advisory's licensed Malaysian division. With FCCA and MIA qualifications, he brings professional-grade expertise to every cross-border engagement, ensuring your Malaysian operations are as compliant and efficient as your Singapore base.
- FCCA (Fellow Chartered Certified Accountant)
- MIA (Member, Malaysian Institute of Accountants)
- Malaysia company formation — Sdn Bhd and PLT
- Accounting, bookkeeping, and payroll management
Why Choose Terra Advisory Services?
Terra Advisory Services is an ACRA Registered Filing Agent in Singapore, supporting businesses with company incorporation, corporate secretarial compliance, accounting, bookkeeping, corporate tax filing, and work pass support.
Since 2012, we have helped local SMEs, foreign founders, Malaysian entrepreneurs, and regional business owners set up and maintain Singapore companies with clear guidance, practical compliance support, and responsive service.
Singapore Immigration and Work Passes
Company registration and the right to work in Singapore are two separate processes. Once your company is registered, you may apply for a work pass to relocate. Most founders complete registration first, then apply for an Employment Pass or EntrePass through their newly registered company.
Singapore–Malaysia Business Expansion
Why Singapore as your base
- Trusted legal system and political stability
- 17% flat corporate tax with startup exemptions
- 100% foreign ownership with no local partner
- Gateway to ASEAN's 650 million consumers
- Fast incorporation — UEN issued same day
Why add Malaysia to your structure
- Lower operating and labour costs than Singapore
- JS-SEZ: 5% corporate tax for 15 years (vs standard 24%)
- Central location for Southeast Asian logistics
- Strong manufacturing and professional services sector
- Sdn Bhd registration handled by SCY Terra Advisory
Seamless Malaysia Expansion
For businesses expanding regionally, Terra Advisory provides integrated support through our licensed Malaysian division, SCY Terra Advisory. Led by our Malaysia Managing Director, Sim Chong Yen, SCY Terra Advisory is a fully registered firm with the Malaysian Institute of Accountants (MIA Registration No. NF3281). This ensures your Malaysian entity receives the same rigorous compliance, transparent pricing, and personalized advisory as your Singapore operations—all under one unified roadmap.
Frequently Asked Questions
Incorporating or restructuring your business requires more than automated forms. We provide a highly personal, tailored approach—no generic packages, just dedicated expert guidance.
- • Your Peace of Mind Comes First: We don't just explain—we ensure you truly understand and are comfortable before proceeding.
- • Personalized & Honest Pricing: Once we understand your needs, we provide a clear, custom quote—no hidden fees or unnecessary extras.
- • Expert Immigration Support: Direct, one-on-one advisory from seasoned professionals with 20+ years of experience.
- • Cross-Border Expertise: Local advisory for smooth business expansion between Singapore and Malaysia.
Your vision, your pace, our expertise.
Important Notice: While Terra Advisory Services Pte. Ltd. endeavours to keep the content accurate and current, Singapore and Malaysian government policies, regulations, fees, and procedures may change at any time without prior notice. For the most up-to-date and authoritative information, please refer directly to official government sources. For advice tailored to your specific circumstances, please contact Terra Advisory Services.
Licensed Malaysian Division — MIA Registered Firm