Company Formation Singapore, Immigration and Corporate Tax
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
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.
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 JT & CY Advisory, Terra Advisory's affiliated firm for Malaysia company registration and compliance. With FCCA and MIA qualifications, he brings professional-grade expertise to every cross-border engagement.
- 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
- JSSEZ: 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 JT & CY Advisory
Frequently Asked Questions
Incorporating or restructuring a business in Singapore is a major legal and financial decision. We provide dedicated, personal service from our first conversation to your ongoing annual filings.
If you do not fully understand any aspect of the process, we will pause and will not move forward until you are ready.
We quote and design only the specific services your business actually requires.
Strategic Malaysia Affiliate — MIA Registered Firm