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Ready-Made Singapore Company with an Open Bank Account
A Singapore Pte Ltd that already has a director, a shareholder and an open account with OCBC. It suits you when you need to start working now and can't wait for incorporation and a bank review.
With a new Singapore business, the slowest part is usually not registration but the bank account: the bank checks the company and its owners, asks questions and requests documents. A ready-made Singapore company removes that wait. You get a Pte Ltd that already has a director, a shareholder and an active corporate account with OCBC, one of Singapore's largest banks. You can start working right away, and the company is then transferred to you.
The transfer is the key stage to understand in advance. When the shareholder and director change, the bank reviews the new owner just as it would for a new account. That is why we look at your profile, business activity and documents before the deal, so that the change of ownership goes through without the account being frozen. The whole process is handled remotely.
The handover and transfer can be done fully remotely.
Who it is for
- Entrepreneurs who need to start receiving payments into a Singapore company quickly
- Companies with a signed contract whose counterparty is waiting for bank details
- Founders who want to avoid a long wait for a new bank account
- Businesses with clear, unregulated activities and transparent owners
Requirements
- KYC checks on the new owner and director
- Ordinary, unregulated business activity
- A transparent ownership structure and a clear source of funds
- Agreement to the procedure for transferring the company and the account
- A Singapore resident director, either your own or one supplied by a corporate service provider
What we do
- Review your profile and business activity before the deal
- Hand over a ready-made company with a director, a shareholder and a bank account
- Arrange the share transfer and the change of directors
- Support the update of bank records and the bank's review of the new owner
- Update the corporate registers and the records at ACRA
- Advise on the secretary, address and annual filings after the transfer
Key documents
- Passport of the new shareholder and director
- Proof of residential address
- A description of the business and expected turnover
- Proof of the source of funds
- Any documents the bank requests
How it works
- Checkyour profile, business activity and documents before the deal
- Company handoveraccess to the company and the account, plus a transfer agreement
- Transfershare transfer, change of directors and updated registers
- Bankupdated records and the bank's review of the new owner
- Ongoing supportsecretary, address and annual filings
Timeline
You can start working right after the handover; the transfer of ownership depends on the bank's review of the new owner.
Timelines are approximate: government agencies, consulates and banks set them.
What to watch out for
- The bank reviews the new owner and may restrict or close the account if the review is not passed
- Regulated activities can't be run through a ready-made company without a license
- Until the transfer is complete, the company legally belongs to the previous owner, so the terms are fixed in an agreement
- Only a limited number of ready-made companies is available, so availability has to be checked when you contact us
FAQ
How much does it cost?
Our service fee is from $2,100. Government fees, translations, insurance and other mandatory costs are paid separately; we send the full estimate before you sign.
How quickly can I start working with a ready-made Singapore company?
Right after the company is handed over, because the account is already open. The transfer to you runs in parallel, and how long it takes depends on the bank's review of the new owner.
What happens to the bank account after the change of owner?
The bank reviews the new shareholder and director. If the review is passed, the account keeps working. That is why we check your profile and prepare documents before the deal, so the bank has fewer questions.
Can everything be done remotely?
Yes. The handover of the company and the transfer of ownership are done remotely, without a trip to Singapore. If the bank asks for more documents while it reviews the new owner, those are also sent online.
What kind of business is a ready-made company suitable for?
Ordinary, unregulated activities such as consulting, IT, trading and marketing. Financial services, crypto and other licensed activities can't be launched through a ready-made company; they need a license and a separate structure.
Why choose this over registering a new company?
It saves the time you would otherwise spend waiting for a bank account. If you are not in a hurry, a new company with your own resident director or a nominee director is simpler and cheaper in the long run.
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.
