Are you an entrepreneur based outside of Singapore who wants to start a business in Singapore? There are several key steps to take on business company registration in Singapore.
1. you must register your business entity with ACRA. Foreigners can register a Singapore company and own 100% of its shareholding
2. requirements for foreigners
3. local residency considerations – One of the requirements for setting up a business in Singapore is that at least one of the directors, authorised representatives, general partners, or managers must be a local resident.
4. the application process – You will need to engage the services of a registered filing agent (e.g. a law firm, accounting firm, or corporate secretarial firm) to submit the online application on your behalf.
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