Hassle-Free Company Registration in Singapore

All new entities must be registered with the Accounting and Corporate Regulatory Authority (ACRA). This includes name reservation and form submission.

 Foreigners must appoint a local resident director and provide a local address. These conditions apply under the Singapore Companies Act.

 You’ll need to set up a corporate bank account, often required for tax filing and business transactions. Most major banks in Singapore allow corporate account opening.

Tax registration is mandatory. Businesses must register for GST if the turnover exceeds SGD 1 million annually.