What are the steps to incorporating a business in Singapore?

In order to incorporate company in Singapore, you need to follow these steps:

• Choose a company name and check for availability.
  > It would be ideal to have at least 3 names in case of unavailability.

• Decide on the company structure (Example private limited company, limited liability partnership etc).
• Prepare the necessary documents, including your business plan.
• Register your company with the Accounting and Corporate Regulatory Authority (ACRA).
• Open a corporate bank account.
• Apply for any necessary licences and permits, depending on the type of business you are in.

After a business is incorporated, it is compulsory for you to appoint a company secretary within 6 months.

Start your incorporation journey with Finova Group and we will take care of your corporate secretarial needs as well.

Enquire today on how you can start your business journey in Singapore.

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