Singapore company incorporation as a foreigner is a straightforward process, and Singapore welcomes foreign entrepreneurs and investors. Here are the key steps to incorporate a company in Singapore as a foreigner:
1. Choose a Business Structure:
- Determine the most appropriate business structure. The Private Limited Company (Pte Ltd) is a common choice due to limited liability protection. Foreigners can own 100% of a Singapore company.
2. Appoint Directors and Shareholders:
- You’ll need at least one director who can be a foreigner. There are no restrictions on the nationality or residency of directors. You can also appoint corporate directors. Shareholders can be foreigners or corporate entities.
3. Appoint a Company Secretary:
- Appoint a qualified company secretary within six months of company incorporation. The secretary must be a natural person and a resident of Singapore.
4. Register Your Company with ACRA:
- Register your company with the Accounting and