Company Incorporation Services in Singapore
FastLane Group provides services foreign companies to incorporate in Singapore and assist local Singaporean businesses to incorporate overseas. Our philosophy “From Local to Global,” reflects our dedication to bringing local businesses to international success and supporting international ventures in the Singapore market. Join us and experience a smooth journey to business success!
Why Choose Us
Expertise
From name search and reservation to filing the necessary paperwork and obtaining your ACRA registration number.
Convenience
One-stop shop for all your company needs
Global reach
Our global presence ensures you have reliable support and resources.
Personalized service
Personalized service to ensure that your company’s needs are met.
Incorporation for locals
5 steps guide to incorporating your company in Singapore
Step 1: Choose a company name
- Check the availability of a company name on the ACRA website and Company Registry
Step 2: Appoint a directors and Company Secretary
- Resident director, Company secretary, Registered address
Step 3: Prepare the necessary documents
- Memorandum and Articles of Incorporation and Business Profile, Company constitution and shareholder agreement
Step 4: File the incorporation documents with ACRA
- Do this online or at the ACRA office
Step 5: Open a bank account for your company
- Connect and introduce you to banks
Incorporation for foreigners
Step 1: Choose a company name
- Check the availability of a company name on the ACRA website and Company Registry
Step 2: Appoint a local director and Company Secretary
- Resident director, Company secretary, Registered address
Step 3: Prepare the necessary documents
- Memorandum and Articles of Incorporation and Business Profile, Company constitution and shareholder agreement
Step 4: File the incorporation documents with ACRA
- Do this online or at the ACRA office
Step 5: Open a bank account for your company
- Connect and introduce you to banks
Type of Business
Private Limited Company
This is the most popular type of business structure in Singapore. It is a separate legal entity from its owners, and the owners’ liability is limited to their investment in the company. Pte. Ltd.s are also subject to fewer regulatory requirements than other business structures.
Sole Proprietorship
This is the simplest type of business structure. It is owned and operated by one person, who is personally liable for all debts and obligations of the business.
Partnership
This is a business owned by two or more people. The partners are jointly liable for all debts and obligations of the business.
Visa to run a company in Singapore
Once you have incorporated your company in Singapore, you can apply for a work visa or pass. The process and requirements for each type of visa may vary, so you should check the specific requirements and application process with the Singapore Ministry of Manpower (MOM).
Contact FastLane today to learn more about their services.
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Grana
“FastLane have supported our capital raising round by advising and building our financial models, setting up Xero and Unleashed inventory systems, so we can focus on growing our business.”
Nanoleaf
“FastLane is the perfect fit for startups that are looking for flexibility, trustworthy consulting, and someone that is willing to work with you to grow the business together.”
Soundbrenner
“FastLane has allowed us to spend less time on these parts of the business, and hence contributed to our successes in becoming a global music technology brand.”
Frequently Answered Questions
Foreigners can register a company and own 100% of its shareholding in Singapore. However, they must appoint a local resident director or authorized representative to manage the company if they wish to continue to reside outside Singapore.
The local director or authorized representative must be a Singapore Citizen, Singapore Permanent Resident or an Employment Pass holder. They will have personal liability for the appointment.
Foreigners with EntrePass can register a company in Singapore themselves using Bizfile+. However, foreigners without EntrePass will need to engage the services of a registered filing agent to submit the application on their behalf.
The filing agent will also provide other services such as:
- Provision of Company Secretary
- Filing Annual Returns with ACRA
- Maintaining and updating of information with ACRA
Are you a foreigner looking to set up a company in Singapore? Fastlane Group can help you with the entire process. Contact us today to learn more about our services and how we can help you achieve your business goals.
There are 3 main business structures available in Singapore: private limited company, public limited company, and sole proprietorship.
Private limited company: This is the most common type of business structure in Singapore. It is a separate legal entity from its shareholders and directors. The shareholders’ liability is limited to the amount of their investment in the company.
Public limited company: This is a type of company that can issue shares to the public. It is subject to more stringent regulations than a private limited company.
Sole proprietorship: This is a business owned and operated by one person. The owner is personally liable for the debts and liabilities of the business.
The requirements for setting up a company in Singapore vary depending on the type of business structure you choose. However, the following are some of the general requirements:
- At least one director and one shareholder.
- A unique company name that has not been registered by another company.
- A registered office address in Singapore.
- A company secretary who is a Singapore citizen or permanent resident.
- A business license from the relevant government authority.
Companies in Singapore are required to comply with a number of ongoing compliance requirements, including:
- Filing annual returns and audited accounts with the Accounting and Corporate Regulatory Authority (ACRA).
- Paying taxes to the Singapore government.
- Complying with employment laws.
- Complying with environmental regulations.
Fastlane Group can help you with your company’s ongoing compliance requirements, including accounting, tax, HR payroll, and PEO & Employer of Record services. Contact us today to learn more
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