How to Open a Corporate Bank Account in Singapore in 2026: Digital Banks vs Traditional Banks
After incorporating a Singapore company, one of the first things you need is a corporate bank account. In 2026, you have two distinct paths: digital payment platforms like Aspire and Airwallex, which open in 1–3 business days with fully remote onboarding; or traditional banks like DBS, OCBC, and UOB, which take 2–6 weeks but offer […]
What the July 2026 Local Qualifying Salary Increase Means for Your S Pass Quota
From 1 July 2026, Singapore’s Local Qualifying Salary (LQS) increased from S$1,600 to S$1,800 per month. This means local employees earning between S$1,600 and S$1,799 — who previously counted as a full unit toward your S Pass quota — now count as only 0.5. For many employers, this has already reduced their S Pass headroom […]
Best Corporate Service Providers in Singapore (2026): A Founder’s Guide
Best Corporate Service Providers in Singapore (2026): A Founder’s Guide Last updated: 30 July 2026 “Best” depends on what you need. A local founder who already has a Singapore-resident director just wants incorporation and a compliant secretary handled fast and cheap. A foreign founder needs a nominee director and registered address sorted compliantly. A founder […]
What the Corporate and Accounting Laws (Amendment) Act 2025 Means for Your Singapore Company
Singapore’s Corporate and Accounting Laws (Amendment) Act 2025 (CALA 2025) commenced in phases from 6 May 2026, introducing the most significant changes to the Companies Act in over a decade. Director fines for duty breaches have increased from S$5,000 to S$20,000, money laundering convictions now automatically disqualify individuals from directorships, and companies buying back shares […]
Why Is Singapore Still the Top Choice for Company Incorporation in Asia?
2026 is one of the most financially advantageous years to incorporate a company in Singapore in recent memory. A one-off 40% corporate income tax rebate (up to S$30,000 total benefit), a new 400% tax deduction on qualifying AI expenditure under the Enterprise Innovation Scheme, record levels of new company formations, and an ACRA registration process […]
Why Use a Corporate Services Provider (vs DIY)
Updated 2026 · 10 min read When you’re setting up a company in Singapore, the DIY route looks tempting. ACRA’s BizFile portal is accessible, the government’s online guides are detailed, and incorporation fees are modest. So why do thousands of founders — locals and foreigners alike — choose to work with a corporate services provider […]
Setting Up a Singapore Company as a Foreigner
Updated 2026 · 14 min read Singapore consistently ranks among the easiest places in the world to start a business — but for foreigners, the process involves more moving parts than it does for locals. Your visa status, your business structure, and your long-term residency plans are all connected. Getting one wrong can create problems […]
How to Incorporate a Company in the Cayman Islands or BVI from Singapore: A Practical 2026 Guide
How to Incorporate a Company in the Cayman Islands or BVI from Singapore: A Practical 2026 Guide Cayman Islands and British Virgin Islands (BVI) companies are the world’s most commonly used offshore corporate structures for VC fund vehicles, cross-border investment holding, international IP ownership, and pre-IPO restructuring. Singapore-based founders and investors frequently establish Cayman or […]
What Is a Registered Office Address in Singapore and Why Every Company Needs One
What Is a Registered Office Address in Singapore and Why Every Company Needs One A registered office address in Singapore is the official address of a company as registered with ACRA, where all official government correspondence, notices, and legal documents are delivered. Every Singapore-incorporated company must maintain a registered office address that is located in […]
Singapore Double Tax Agreements 2026: How to Reduce Withholding Tax as a Foreign Business
Singapore Double Tax Agreements 2026: How to Reduce Withholding Tax as a Foreign Business Singapore has signed Double Tax Agreements (DTAs) with more than 90 countries — one of the most extensive treaty networks in Asia. These treaties allow businesses and individuals to reduce or eliminate withholding tax on cross-border income including dividends, royalties, interest, […]
