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Singapore Company for a Foreign Founder, Fully Set Up
We set up a Singapore Pte Ltd that is fully owned by you as a foreign founder. You are the shareholder and executive director; the mandatory resident director, company secretary and registered address for the first year are covered by the package.
Singapore company setup for foreigners is popular for a reason: it is Asia's financial hub, with clear laws, a strong reputation among banks and counterparties, and fast incorporation. A foreigner can own the whole company, but the law requires at least one director who ordinarily lives in Singapore. If you don't have such a person, a resident director is provided by a corporate service provider registered with ACRA, while you remain shareholder and executive director with full control of the business.
The package covers ACRA registration, a resident director, a company secretary and a registered address for the first year, annual filings and a document set for the bank. It is designed for companies with ordinary, unregulated activities and up to 2 shareholders and 2 directors. Registration can be done fully remotely, but every shareholder and director goes through KYC checks first.
Registration can be done fully remotely.
Who it is for
- Entrepreneurs who need an Asian company to work with international clients
- IT companies and startups building a regional hub in Singapore
- Trading companies working with suppliers and buyers in Asia
- Founders who don't know a Singapore resident willing to serve as director
- Business owners who want the reputation of a Singapore company with banks and counterparties
Requirements
- A Pte Ltd company, which can be wholly owned by a foreigner
- At least one director who ordinarily lives in Singapore; in this package, one is provided by a registered corporate service provider
- A company secretary and a registered address in Singapore
- Up to 2 shareholders and 2 directors within the package
- Ordinary, unregulated business activity
- KYC checks on all shareholders and directors
What we do
- Review your business activity and ownership structure
- Run KYC checks on all parties
- Register the company with ACRA
- Provide a resident director, a company secretary and a registered address for the first year
- Prepare a document set for opening a bank account
- File the annual returns
Key documents
- Passports of shareholders and directors
- Proof of residential address: a bank statement or utility bill
- A description of the company's business
- Details of shareholdings and ultimate beneficial owners
- 2–3 options for the company name
How it works
- Consultationbusiness activity, shareholders, shareholdings and whether you need a bank account
- KYCchecks on all parties and their documents
- Registrationfiling with ACRA, appointing the resident director and secretary
- Company documentscertificate, constitution, registers and address
- Bank and filingsa document set for the bank and an annual filing calendar
Timeline
Registration can be done fully remotely after KYC checks; the timeline is confirmed once your documents are ready.
Timelines are approximate: government agencies, consulates and banks set them.
What to watch out for
- Regulated activities such as financial services or crypto are not covered by the package; they need a license and a separate structure
- The bank makes its own decision on the account and may ask for more documents or a meeting
- Singapore's financial measures relating to Russia target specific Russian banks, entities and transactions, not citizens of Russia or Belarus as such; still, each bank applies its own risk policy and may refuse an account
- The resident director meets a legal requirement, but the owners remain responsible for the legality of the business
- Missing annual filings leads to penalties
FAQ
How much does it cost?
Our service fee is from $1,900. Government fees, translations, insurance and other mandatory costs are paid separately; we send the full estimate before you sign.
How does Singapore company setup for foreigners work?
Yes. A foreigner can fully own a Singapore company and be its director. There is one condition: at least one director must ordinarily live in Singapore. If you don't have such a person, a corporate service provider registered with ACRA supplies one. By law, a nominee director can only be appointed through such a provider.
Can I register a Singapore company remotely?
Yes, registration can be done entirely remotely. Documents are signed electronically, and all shareholders and directors complete KYC checks online. You don't need to visit Singapore to incorporate, although a bank may later ask for a meeting when you open the account.
Who runs the company if the resident director is someone I don't know?
You do. In this package you are the shareholder and executive director. The resident director fulfills the legal requirement and does not take part in running the business; the director's powers are limited by agreement.
What does the first-year package include?
ACRA registration, a resident director, a company secretary, a registered address, annual filings and a document set for the bank. From the second year, the resident director, secretary, address and annual filings are renewed as ongoing services.
What kind of business does the package suit?
Ordinary, unregulated activities such as consulting, IT, trading and marketing. Financial services, crypto and other licensed activities need a separate structure and a license, so we discuss them individually before any registration.
Do you help with the bank account?
Preparing a document set for the bank is part of the service. If you want help filing the application and dealing with the bank's questions, we offer a separate corporate account service. The bank makes the final decision.
Do you guarantee the result?
No. Decisions are made by government agencies, consulates and banks. We are responsible for preparing and checking documents, filing and support, and we tell you about the risks upfront.
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Let’s discuss your case
We will check whether the program fits your citizenship, income and family, and send an estimate with the full list of costs.
