Company Incorporation for Foreigners

Set up and maintain your Singapore company without needing to fly over.

Our bundle packages offer all the essential administrative needs your business require. With our own HeySara mobile app, enjoy remote registration, digital signature and secure storage.

Hassle-free, affordable and time-saving. Learn more about HeySara mobile app.

Online Company Incorporation + Unlimited Secretary + Registered Address

$798( For Self-Online Incorporation)

  • All government fees included

  • 1 year unlimited secretarial services (renewable at $598 per annum)

  • 1 year basic registered address service

  • For Exempt Private Company (without Corporate Shareholder)

  • Free 30 days use of HeySara Co-Working facility (worth S$98)

Whatsapp us if you don’t want to read

Company Incorporation

The special incorporation package of $798 is only applicable for self-online incorporation on this website.  For manually-assisted service, the Incorporation Package will be priced at $898.

The whole process will take from 2 to 4 hours.

Our incorporation service include:

  • Checking and reserving of company name
  • Preparing all documentations for Up to 3 Individual Shareholders & Directors
  • Preparing your company constitution
  • Our professional and filing fees
  • ACRA application fee of S$315 (name application $15 and registration fee $300)
  • Preparing your Statutory Register, including share certificates, registers, and minutes book
  • Resolution to open a bank account

Unlimited Secretary for 1 year

As your corporate secretary, we will handle all your secretarial work of a company, including annual filing, AGM preparation and majority of the secretarial transactions that you would normally make with ACRA.

With HeySara’s mobile app, you can make any corporate request in just a few clicks. View the process of the changes online anytime, anywhere and rest assured that all your data are securely stored. It is easy, and hassle-free.

Read more on our Secretarial Service here.

Registered Address for 1 year

Every Singapore incorporated company are required to have a real office mailbox that is regularly checked.

Mail Scanning Service for 1 year (+$100)

You will have 24/7 access to your every mail on our secure cloud storage via our mobile app.

30 days use of HeySara Co-Working facility

Get a free 1 month Basic Hot-Desking (worth S$98) and enjoy the facilities in our Co-Working office located in the city.

Read more on our Co-Working space here.

Incorporate Now

Online Company Incorporation + Unlimited Secretary + Registered Address + Nominee Director

$1998 (For Self-Online Incorporation)

  • All government fees included
  • 1 year unlimited secretarial services (renewable at $598 per annum)

  • 1 year basic registered address service

  • 6 months nominee director service (renewable at $1200 every half yearly)

  • Free 30 days use of HeySara Co-Working facility (worth S$98)

  • For Exempt Private Company (without Corporate Shareholder)

  • Mandatory accounting and taxation compliance not included in package price

Whatsapp us if you don’t want to read

Company Incorporation

The special incorporation package of $1,998 is only applicable for self-online incorporation on this website. For manually-assisted service, the Incorporation Package will be priced at $2,098.

The whole process will take from 2 to 4 hours.

Our incorporation service include:

  • Checking and reserving of company name
  • Preparing all documentations for Up to 3 Individual Shareholders & Directors
  • Preparing your company constitution
  • Our professional and filing fees
  • ACRA application fee of S$315 (name application $15 and registration fee $300)
  • Preparing your Statutory Register, including share certificates, registers, and minutes book
  • Resolution to open a bank account

Unlimited Secretary for 1 year

As your corporate secretary, we will handle all your secretarial work of a company, including annual filing, AGM preparation and majority of the secretarial transactions that you would normally make with ACRA.

With HeySara’s mobile app, you can make any corporate request in just a few clicks. View the process of the changes online anytime, anywhere and rest assured that all your data are securely stored. It is easy, and hassle-free.

Read more on our Secretarial Service here.

Registered Address for 1 year

Every Singapore incorporated company are required to have a real office mailbox that is regularly checked.

Mail Scanning Service for 1 year (+$100)

You will have 24/7 access to your every mail on our secure cloud storage via our mobile app.

Nominee Director for 6 months

Our service as a nominee director will have no signatory authority in any bank transactions or business decisions. You will only need 6 months of nominee director service if you are applying for employment pass (EP).

Read more on our Nominee Director service here.

30 days use of HeySara Co-Working facility

Get a free 1 month Basic Hot-Desking (worth S$98) and enjoy the facilities in our Co-Working office located in the city.

Read more on our Co-Working space here.

Mandatory Accounting & Taxation for 1 year

Due to our service to you as nominee director, we require you to take on our monthly accounting service on top of this package. Depending on your number of transactions and receipts, we offer different plans to suit your accounting needs.

Incorporate Now

Online Company Incorporation + Unlimited Secretary + Registered Address + Nominee Director + Employment Pass

$2898 (For Self-Online Incorporation)

  • All government fees included
  • 1 year unlimited secretarial services (renewable at $598 per annum)

  • 1 year basic registered address service

  • 6 months nominee director service (you can become sole director upon successful employment pass application)

  • Employment pass application for one person

  • Free 30 days use of HeySara Co-Working facility (worth S$98)

  • For Exempt Private Company (without Corporate Shareholder)

  • Mandatory accounting and taxation compliance not included in package price

Whatsapp us if you don’t want to read

Company Incorporation

The special incorporation package of $2898 is only applicable for self-online incorporation on this website. For manually-assisted service, the Incorporation Package will be priced at $2998.

Our incorporation service include:

  • Checking and reserving of company name
  • Preparing all documentations for Up to 3 Individual Shareholders & Directors
  • Preparing your company constitution
  • Our professional and filing fees
  • ACRA application fee of S$315 (name application $15 and registration fee $300)
  • Preparing your Statutory Register, including share certificates, registers, and minutes book
  • Resolution to open a bank account

Unlimited Secretary for 1 year

As your corporate secretary, we will handle all your secretarial work of a company, including annual filing, AGM preparation and majority of the secretarial transactions that you would normally make with ACRA.

With HeySara’s mobile app, you can make any corporate request in just a few clicks. View the process of the changes online anytime, anywhere and rest assured that all your data are securely stored. It is easy, and hassle-free.

Read more on our Secretarial Service here.

Registered Address for 1 year

Every Singapore incorporated company are required to have a real office mailbox that is regularly checked.

Mail Scanning Service for 1 year (+$100)

You will have 24/7 access to your every mail on our secure cloud storage via our mobile app.

Nominee Director for 6 months

Our service as a nominee director will have no signatory authority in any bank transactions or business decisions. You will only need 6 months of nominee director service if you are applying for employment pass (EP).

Read more on our Nominee Director service here.

Employment Pass Application for one person

With an employment pass, you can live and work in Singapore, and bring your family along under Dependant’s Passes.

30 days use of HeySara Co-Working facility

Get a free 1 month Basic Hot-Desking (worth S$98) and enjoy the facilities in our Co-Working office located in the city.

Read more on our Co-Working space here.

Mandatory Accounting & Taxation for 1 year

Due to our service to you as nominee director, we require you to take on our monthly accounting service on top of this package. Depending on your number of transactions and receipts, we offer different plans to suit your accounting needs.

Incorporate Now

Add-On Services

Bank Account Opening Assistance

We will prepare the necessary paperwork for a smooth process. You can even open a bank account remotely without your presence required in Singapore at additional charge.

$250
For local banks

Company Stamp

Round self-inking stamp self-collected at our office. Delivery available with shipping fee.

$25
Shipping fee excluded

CorpPass Registration + CPF Account Opening

Required for online corporate transactions with the government (SingPass is also required and we will set it up for you if you do not have one).

$150
One time fee

Additional Employment Pass Application per Person

Price depends on complexity. Read more here.

$800
Upwards

Dependant’s Pass

Allowing certain family members of EP holders to stay in Singapore. Read more here.

$200
Our Admin Fee

FAQ

Once you have provided a pre-approved name, we will require passport copies and proof of addresses from your directors and shareholders for KYC purposes. We will prepare all the required incorporation documents. For incorporation documents, you can sign them via digital signature (without the need to come down to our office). Thereafter, we will submit them to ACRA (a government entity that registers companies). Once a UEN is issued, your company is operational.

We, may from time to time, require our clients to come to our office to verify the incorporation documents or see them in person via WhatsApp or through chat application so that we can verify the status of these individual due to our internal procedures and protocols, as we are registered filing agents with ACRA.

For the incorporation, you will need to prepare the following information:

  • Company name
  • Directors’ particulars, with the required Know Your Client (KYC) documents (like passport and proof of address)
  • Shareholders’ particulars with the required KYC documents

We will provide the following:

  • Corporate Secretary particulars
  • Nominee Director particulars (if required)
  • Local registered address (if required)
  • Company Constitution

Once all the pre-incorporation documents are signed and reviewed, it can take less than an hour to register a company.

Yes you do! All Singapore companies are required to provide a local registered address. If you do not have an office address, HeySara is able to provide you with one. Mails received are scanned and forwarded to you.

Every Singapore incorporated company must have at least a local resident director.

A local director must meet the following requirements:

  • Either a Singapore citizen, Permanent Resident, Entrepass holder or Employment Pass holder with letter of consent from Ministry of Manpower
  • At least 18 years old or above
  • Hold full legal capacity in making his or her own decisions

If you don’t have any one to fulfil this role of a local resident director, you can choose to use HeySara’s a local nominee director services. If you are intending to apply or currently applying for an Employment Pass, HeySara is able to provide the flexibility to use our services until you have received your EP.

A local nominee director is appointed to help foreign individuals or foreign investors during incorporation of a Singapore company. The local nominee director functions the same as a director of the company to meet the legal requirement of having at least 1 local director.

Yes. The most popular options are to apply for an Entrepreneur (EntrePass) or Employment Pass (EP). With this work pass, you can live and work in Singapore, and even bring your family along under Dependant’s Passes (DP). Read more here.

An Employment Pass (EP) is a Singapore work pass issued to foreign professionals, employees, managers, executives and owners of directors of Singapore companies.

It is open to all nationalities and is usually valid for 2 years with the possibility to renew. With an EP, you can apply for Permanent Residence (PR) in due course.

No. Employment Pass (EP) and Dependant’s Pass (DP) are issued to the specified company. Thus, you will need to apply for a new EP for your new company. Note that you do not need to cancel your old EP before you receive the new one.

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What you should know about Company Incorporation for Foreigners in Singapore

Can a foreigner set up company in Singapore?

Yes a foreigner can set up a company in Singapore. However you will need to have at least a local to act as your resident director. It is a requirement under the Singapore’s Companies Act, Cap 50 to have a local resident director.

HeySara is able to assist to provide you with our local nominee director.

Can a Singapore employment pass holder start business in Singapore?

In short, no. Unless you have a letter of consent from Ministry of Manpower, you are not allowed to take up directorship or start a business as this will differ from the initial intention of your employer employing you to work in Singapore.

Can a Singapore S Pass holder start business in Singapore?

In short, no. Unless you have a letter of consent from Ministry of Manpower, you are not allowed to take up directorship or start a business as this will differ from the initial intention of your employer employing you to work in Singapore.

Will I need to visit Singapore to incorporate my company?

No, you do not need to. At HeySara, we can do a video conference with you to verify your identity. Alternatively, you can also choose to get your identification and proof of address to be notarised and witnessed by a notary public or lawyer. Our team will then arrange to have a call with you.

When and where must I pay the paid-up capital?

The paid-up capital should be paid during incorporation. However if the intended paid up amount is large, then we will recommend that you incorporate the company with a $1 paid up capital first and inject the money after your bank account is opened.

Can a foreign individual or a foreign company be 100% shareholder of a Singapore company?

Yes, there is no restriction in Singapore that requires local shareholding to form part of the overall shareholding. A foreigner company or individual can hold 100% of his company in Singapore.

Can a Singapore employment pass holder be the company director and shareholder?

In short, no. Unless you have a letter of consent from Ministry of Manpower, you are not allowed to take up directorship or start a business as this will differ from the initial intention of your employer employing you to work in Singapore.

Can a Singapore personalised employment pass (PEP) holder be the company director and shareholder?

As a PEP holder, you must not start your own business or engage in any entrepreneurial activities. You should apply for an Employment pass instead and this also means that you cannot be shareholder and/or sole director of a company in Singapore.

Can a foreigner run the company from overseas or must he/she relocate to Singapore?

No, you need not to be physically present to run your company in Singapore. However, you should consider the implications of management and control to be a Singapore tax resident company.

By incorporating a Singapore company does not automatically gives you the right to being a Singapore tax resident. Management and control is often sought by the Inland Revenue Authority when they issues a “Tax Residency Certificate” for withholding tax purposes with other reciprocal countries.

Can a LTVP start business in Singapore?

In short, no. Unless you have a letter of consent from Ministry of Manpower, you are not allowed to take up directorship or start a business as this will differ from the initial intention of your stay in Singapore.

What are the minimum legal requirements for registering a Singapore company by a foreigner?

You will need to consider the following:

  • Minimum initial paid capital of S$1
  • One shareholder (maximum 50)
  • One local (residential) director
  • One qualified local resident company secretary
  • Registered address

We are a foreign company and want to establish a subsidiary in Singapore. What are the requirements for registering a subsidiary company in Singapore?

You will need to consider the following:

  • Your minimum initial paid capital to satisfy the business expenses
  • Corporate shareholder
  • Your local (residential) director
  • Your qualified local resident company secretary
  • Registered address

Can a foreigner be a director in a Singapore company?

Yes a foreigner can set up a company and be a director in Singapore. However, you will need to have at least a local to act as your resident director. It is a requirement under the Singapore’s Companies Act, Cap 50 to have a local resident director.

HeySara is able to assist to provide you with our local nominee director.

Alternatively if you apply for an employment pass to work in Singapore, you can act as the local resident director of your Company. Another way will be through the Entrepass, but you will need to produce a business plan and the type of candidates should be either an entrepreneur, innovator or an investor.

More information at MOM’s website.

The following businesses are not eligible for an EntrePass:

  • Coffee shops, hawker centres, food courts
  • Bars, night clubs, karaoke lounges
  • Foot reflexology, massage parlours
  • Acupuncture, traditional Chinese medicine, herbal dispensing businesses
  • Employment agencies
  • Geomancy business

Can a foreigner open a Singapore bank account?

Yes, you can but it will be subject to the Singapore’s bank requirement and KYC process.

Can a foreigner open a Singapore bank account without a physical presence in Singapore and how long does it take?

Currently, banks in Singapore offers remote account opening. HeySara can assist with the remote account opening. You will need to provide the required KYC documents and the bank will then have a video conference with you. The account opening process is determine by the banks and their compliance team. It may take up to 3 months in some cases.