Open a Singapore Company as a Non-Resident
Singapore's Pte Ltd (Private Limited Company) is one of Asia's most respected business entities. With a 17% corporate tax rate, an extensive double tax treaty network, global banking access, and a world-class legal system, a Singapore company is an excellent vehicle for nomads and entrepreneurs focused on Southeast Asia, Asia-Pacific, or global markets.
Who this is for
- Digital nomads and entrepreneurs seeking an Asian corporate presence
- Businesses focused on Southeast Asian or Asia-Pacific clients and partners
- Nomads who want access to Singapore banking (DBS, UOB, OCBC) for international payments
- Entrepreneurs who plan to relocate to Singapore via an EntrePass or Employment Pass
Nominee director and registered office fees included for year one. Annual compliance fees apply.
Form My Singapore CompanyWhat's included
- Singapore Pte Ltd incorporation (Accounting and Corporate Regulatory Authority registration)
- Nominee local director provision if you are not Singapore-resident
- Registered Singapore office address for year one
- Certificate of incorporation and company constitution
- Dashboard tracking from filing to incorporation
How it works
Structure assessment
We assess your business activities, client geography, and residency to confirm a Singapore Pte Ltd is the right entity.
ACRA registration
Singapore company incorporation via ACRA typically completes in 1-3 business days.
Banking guidance
We advise on Singapore business bank account opening (DBS, UOB, OCBC) and international alternatives (Airwallex, Wise Business).
Annual compliance setup
We advise on annual ACRA filing requirements, GST registration thresholds, and corporate tax deadlines.
Frequently asked questions
Do I need to be a Singapore resident to form a Singapore company?
No. Non-residents can form a Singapore Pte Ltd, but the company must have at least one director who is ordinarily resident in Singapore (either a Singapore citizen, PR, or Employment Pass holder). We provide a nominee local director service for non-resident shareholders who do not have a qualifying resident director.
What is the corporate tax rate in Singapore?
Singapore's headline corporate tax rate is 17% on chargeable income (profits after expenses). Singapore has a partial tax exemption for the first SGD 10,000 of chargeable income (75% exempt) and the next SGD 190,000 (50% exempt) for qualifying companies. Singapore does not levy capital gains tax or dividend withholding tax on distributions to shareholders.
Can a Singapore company open a bank account?
Yes, though Singapore business banking has become more stringent for non-resident-director companies. DBS, UOB, and OCBC are the main local banks, all of which accept corporate accounts for Singapore Pte Ltd companies. Digital banking alternatives (Airwallex, Wise Business, Aspire) offer faster onboarding for Singapore companies and are widely used by nomads.
Can a Singapore company help me get a Singapore visa?
Yes. Owning a Singapore Pte Ltd can support an EntrePass application (for founders of innovative companies) or an Employment Pass application (as a director-employee of your own company, if it meets qualifying criteria). We do not provide immigration advice, but we flag these pathways during company formation.
Ready to get started?
Fixed price, real-time tracking, and expert handling, from first document to final approval.
Form My Singapore Company