Singapore offers one of the cleanest corporate environments in Asia-Pacific — here's what non-residents need to know about forming a Pte Ltd.
Singapore is highly business-friendly but has mandatory requirements that trip up non-residents: a locally resident corporate secretary is required by ACRA (Singapore's company registry), and at least one locally resident director is required for most formations. A formation service handles these requirements by appointing a nominee director and corporate secretary where needed.
Standard corporate structure. 17% corporate tax with startup exemptions. ACRA registration. Mandatory corporate secretary.
Nomadic Go forms your Singapore Pte Ltd including mandatory corporate secretary and nominee director arrangements where needed. Banking coordination is included.
No. Formation can be completed entirely remotely.
Yes. ACRA mandates every Singapore company have a qualified corporate secretary within 6 months of incorporation. This is a compliance role, not a personal assistant.
Singapore charges Goods and Services Tax (GST) at 9% (2024). Registration is mandatory when annual taxable turnover exceeds S$1 million. Most early-stage online businesses with primarily international customers are below this threshold initially.
Yes. Singapore allows 100% foreign ownership with no minimum local shareholder requirement. At least one director must be ordinarily resident in Singapore, typically satisfied through a nominee director service.
For the first 3 years of incorporation, qualifying Pte Ltds receive 75% exemption on the first S$100,000 of chargeable income and 50% exemption on the next S$100,000, significantly reducing effective tax rates for early-stage companies.
Fixed price, real-time tracking, and expert handling.
Form a Singapore Company