Singapore companies are subject to a flat corporate tax rate and have lower tax rates compared to other countries. If certain conditions are met, Singapore companies are not required to submit audited reports, making it a very business-friendly country.
CASmart Corporate Services provides one-stop "Singapore company registration" services. If the conditions are met and all necessary documents are provided, the registration process can be completed within a week. Our package services include company bank account referrals, allowing you to expand your business in Singapore with peace of mind.
Registration fee for Singapore company | |||||
Description of Services | Basic package | Comprehensive package | |||
Company registration | ✓ | ✓ | |||
Corporate secretarial services | ✓ | ✓ | |||
Registered address and government fees (including mail handling service) ** | ✓ | ✓ | |||
Company constitution (electronic version) | ✓ | ✓ | |||
Certificate of company incorporation (electronic version) | ✓ | ✓ | |||
Company chop | ✓ | ✓ | |||
Local resident director in Singapore (as required by Singapore Companies Act) | N/A | ✓ | |||
First-time registration fee (SGD) inclusive of GST | SGD 2,280 | SGD 6,280 | |||
Deposit for nominee director * | N/A | SGD 4,000 | |||
Total registration fee (SGD) | SGD 2,280 | SGD 10,280 |
The deposit for nominee director will be refunded promptly upon the cessation of our nominee director service for your company.
1. Certified copies of the valid passport of all directors and shareholders.
2. Proof of address for all directors and shareholders (i.e. bank statements, utility bills, etc. dated within the last three months).
Proposed company name (in Chinese, English or both)
4. Nature of business
5. Source of funds
The following information is for your reference:
The establishment of a Singaporean company requires at least one director and one shareholder, who can be the same person. If there is only one director, he or she must be a local resident, which means a Singaporean citizen, permanent resident, or foreign passport holder with a local residential address.
# If a Singaporean company has only foreign shareholders, it must have at least one local resident serving as a director.
# We can provide local resident director services for your company.
Singapore company registration fees (second year onwards and other fees) | |||||
Promotional package | Fee in SGD | ||||
Bank account referral - UOB / HSBC (Director is required to be physically present in Singapore to open the account)** | HKD 12000 | ||||
Annual return (Per year) | SGD 400 | ||||
Corporate secretarial services (per year) | SGD 1500 | ||||
Registered address and government fees (per year) | SGD 680 | ||||
Local resident director in Singapore (per year) | SGD 4000 | ||||
Non-financial report (for companies with annual revenue less than SGD 10 million) (per year) | SGD 2000 | ||||
Tax filing service (for companies with annual revenue less than SGD 10 million) (per year) | SGD 1500 | ||||
Accounting and bookkeeping (per year) | SGD 1500 | ||||
Employment Pass (per person) *** | Individual quotation |
* The above fees do not include the Singapore Goods and Services Tax (GST) of 7%.
** Our bank account referral service does not include any fees charged by the banks. The bank reserves the right to determine the successful opening of an account.
*** The issuance of an employment pass is subject to the final approval of the Immigration and Checkpoints Authority (ICA) of Singapore.