Register Company in Singapore

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Fionza Consultants specializes in facilitating seamless international company registration in Singapore. Our comprehensive service package encompasses swift company registration, nominee director provision, Singapore corporate bank account setup, and efficient visa application assistance. With our streamlined process, a Singaporean company can typically be registered in just one business day upon the submission of all necessary due diligence documents. Trust Fionza Consultants for a swift and hassle-free experience in establishing your business presence in Singapore.
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Company Registration – 1 Week
Local Director? – Yes
Bank Account Opening – 4 Weeks
Travel Required – No
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Fionza Consultants is your premier partner for international company registration in Singapore. Our comprehensive business expansion service package covers the seamless process of registering a company with the Accounting and Corporate Regulatory Authority (ACRA). We offer expertise in providing nominee directors, facilitating corporate bank account openings, and managing employment pass applications.

Singapore boasts one of the world’s most efficient and bureaucracy-free regulatory frameworks, consistently ranking among the top 2 countries for business in the World Bank’s Ease of Doing Business survey for over a decade.

Setting up a company in Singapore is remarkably straightforward, with ACRA typically approving new company registrations in less than a day. Our team ensures a simplified procedure, making annual compliance requirements easy and free from unnecessary or complicated paperwork. Trust Fionza Consultants for a swift and hassle-free experience in navigating Singapore’s business landscape.
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[av_one_full first min_height=” vertical_alignment=’av-align-top’ space=” row_boxshadow=” row_boxshadow_width=’10’ row_boxshadow_color=” custom_margin=” margin=’0px’ av-desktop-margin=” av-medium-margin=” av-small-margin=” av-mini-margin=” mobile_breaking=” mobile_column_order=” border=” border_style=’solid’ border_color=” radius=” min_col_height=” padding=” av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” svg_div_top=” svg_div_top_color=’#333333′ svg_div_top_width=’100′ svg_div_top_height=’50’ svg_div_top_max_height=’none’ svg_div_top_flip=” svg_div_top_invert=” svg_div_top_front=” svg_div_top_opacity=” svg_div_top_preview=” svg_div_bottom=” svg_div_bottom_color=’#333333′ svg_div_bottom_width=’100′ svg_div_bottom_height=’50’ svg_div_bottom_max_height=’none’ svg_div_bottom_flip=” svg_div_bottom_invert=” svg_div_bottom_front=” svg_div_bottom_opacity=” svg_div_bottom_preview=” fold_type=” fold_height=” fold_more=’Read more’ fold_less=’Read less’ fold_text_style=” fold_btn_align=” column_boxshadow=” column_boxshadow_width=’10’ column_boxshadow_color=” background=’bg_color’ background_color=” background_gradient_direction=’vertical’ background_gradient_color1=’#000000′ background_gradient_color2=’#ffffff’ background_gradient_color3=” src=” background_position=’top left’ background_repeat=’no-repeat’ highlight=” highlight_size=” fold_overlay_color=” fold_text_color=” fold_btn_color=’theme-color’ fold_btn_bg_color=” fold_btn_font_color=” size-btn-text=” av-desktop-font-size-btn-text=” av-medium-font-size-btn-text=” av-small-font-size-btn-text=” av-mini-font-size-btn-text=” animation=” animation_duration=” animation_custom_bg_color=” animation_z_index_curtain=’100′ parallax_parallax=” parallax_parallax_speed=” av-desktop-parallax_parallax=” av-desktop-parallax_parallax_speed=” av-medium-parallax_parallax=” av-medium-parallax_parallax_speed=” av-small-parallax_parallax=” av-small-parallax_parallax_speed=” av-mini-parallax_parallax=” av-mini-parallax_parallax_speed=” fold_timer=” z_index_fold=” css_position=” css_position_location=” css_position_z_index=” av-desktop-css_position=” av-desktop-css_position_location=” av-desktop-css_position_z_index=” av-medium-css_position=” av-medium-css_position_location=” av-medium-css_position_z_index=” av-small-css_position=” av-small-css_position_location=” av-small-css_position_z_index=” av-mini-css_position=” av-mini-css_position_location=” av-mini-css_position_z_index=” link=” linktarget=” link_hover=” title_attr=” alt_attr=” mobile_display=” mobile_col_pos=’0′ id=” custom_class=” template_class=” aria_label=” av_uid=’av-fh3zrw’ sc_version=’1.0′]

[av_heading heading=’Timelines to register Singapore company’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-lm0gqm6i’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

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Fionza Consultants ensures swift Singapore company registration, typically completing the process within 1 day upon receipt of necessary due diligence documents. Upon incorporation, our international clients receive a scanned copy of the newly established company’s business profile. Importantly, our client-centric approach eliminates the need for our clients to travel to Singapore during the company registration process.

Within the following 4 weeks, Fionza Consultants expedites the opening of either a local Singapore or international corporate bank account tailored to our client’s business requirements. In totality, our streamlined services enable our international clients to commence operations in Singapore within a span of 5 weeks from the initiation of engagement with Fionza Consultants. Trust us for a prompt and efficient start to your business endeavors in Singapore.
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[av_heading heading=’Requirements to register company in Singapore’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-lm0gswyp’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

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When registering a company in Singapore, it is imperative to appoint at least one resident director, who must be a Singapore citizen, permanent resident, EntrePass holder, or an Employment Pass holder. Fionza Consultants offers nominee director services if needed, ensuring a legally binding agreement that underscores the passive role of the nominee local director without decision-making authority.

General Requirements for Company Registration:

1. Minimum of 1 resident director
2. Minimum of 1 shareholder
3. Minimum of 1 company secretary
4. Minimum paid-up capital of S$1 for initial setup
5. Registered address in Singapore for the office

Specific Requirements for Private Limited Company:

Private Limited companies, the most commonly chosen corporate entity in Singapore, have specific requirements:

1. According to the Singapore Companies Act, all companies must have a local registered address and company secretary.
2. For most business activities in Singapore, there is no minimum paid-up capital requirement.
3. Businesses in financial services, healthcare, or F&B industries may need to apply for specific licenses.

Fionza Consultants streamlines the registration process, ensuring compliance with these requirements, and offers expert assistance in meeting the unique demands of your business structure. Trust us to guide you through a seamless and efficient company registration process in Singapore.
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[av_heading heading=’Types of companies in Singapore’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-lm0gu0qz’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

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[av_heading heading=’How to register company in Singapore?’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-lm0gv92b’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

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[av_heading heading=’Advantages of setting up a company in Singapore’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-lm0gxjiq’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

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Before embarking on the process to register a company in Singapore, gaining a comprehensive understanding of the jurisdiction’s business landscape is crucial. This ensures that your newly established entity can safely and legally conduct business while aligning with your long-term business goals.

Singapore’s Corporate Tax Landscape: Singapore boasts a corporate tax rate of 17%, accompanied by a myriad of tax benefits for investors with companies incorporated in the country. When properly structured, a Singapore non-resident company can legally enjoy tax exemptions.

Economic Overview: Highly urbanized and with a robust economy, Singapore consistently ranks among the world’s top financial centers. Operating in an open and corruption-free environment, the nation features stable prices and a high per-capita GDP. It is also the world’s fourth-largest foreign exchange market and Asia’s second-largest over-the-counter derivatives trading center.

Geographical and Trade Advantages: Strategically located between the East and West, Singapore is labeled as Asia’s most competitive business country. Positioned at key Asian trading routes, it taps into the demand from the 600 million populations in the ASEAN economic region.

Logistical Infrastructure: Singapore’s container ports are among the busiest globally, handling over 60,000 containers daily and serving as the focal point for 200 shipping routes connected to 120 countries. The award-winning Changi International Airport, named the World’s Best Airport for seven consecutive years, provides unparalleled connectivity with more than 6,500 weekly flights to 300 cities in 70 countries.

Cultural and Language Dynamics: Singapore is a cosmopolitan society where people live harmoniously. English serves as the main business language, uniting its people. While the four official languages are English, Mandarin, Malay, and Tamil, various other languages are commonly spoken.

Legal Environment: Singapore boasts a reliable and internationally trusted legal system. It houses international courts, arbitration centers, and various alternative dispute resolution options. Commercial disputes are efficiently resolved in about 150 days, making Singapore’s dispute resolution process one of the fastest globally.

In summary, Singapore offers an advantageous business environment with its robust economy, strategic location, logistical excellence, and a harmonious, multicultural society. Understanding these aspects is vital for a successful company registration process in Singapore.
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[av_heading heading=’Post-registration formalities and compliances for Singapore Companies’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-lm0gyw8q’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

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[av_heading heading=’Find out more about how to register company in Singapore’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-lm0h0fir’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

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Fionza Consultants is your comprehensive solution for Singapore company registration. Our all-inclusive package covers company formation, registered agent services, registered address provision, and assistance with opening a business bank account.

Contact us to discover more about the process of registering a company in Singapore. Our team of experts is poised to provide detailed insights within the next 24 hours.

Initiate a conversation with us to explore the intricacies of setting up a business in Singapore. Connect with our team of experts, and expect a prompt response within the next 24 hours.
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[av_heading heading=’FAQ’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-27kulo’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

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[av_toggle title=’Can foreigner set up sole proprietorship in Singapore?’ tags=” custom_id=” av_uid=’av-lm0h2woh’ sc_version=’1.0′]

• Yes, a foreigner can do so if he or she is a permanent resident of Singapore or a FIN holder who fulfils the requirements.

• Foreigners who are not residing in Singapore but wish to set up a sole proprietorship would need to appoint and authorize at least one Singapore resident representative, as well as a registered filing agent who will submit the registration application on their behalf.

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[av_toggle title=’Can foreigner register company in Singapore?’ tags=” custom_id=” av_uid=’av-lm0h3mwc’ sc_version=’1.0′]

• Yes, a foreigner can do so. Besides the standard requirements to set up a company in Singapore, a foreigner will need to fulfill additional requirements such as appointing a local or resident director in Singapore, and engaging the services of a registered filing agent to file the application on the behalf of the foreign applicant.

• Fionza Consultants can secure a nominee Singapore resident director and registered filing agent on behalf of our international clients and guide our clients through the entire incorporation process hassle-free.

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• Yes, a Malaysian can register a company in Singapore if he or she is a permanent resident in Singapore or FIN holder who fulfils the requirements to incorporate a company.

• Even if the Malaysian application is not a permanent resident or FIN holder of Singapore, he or she can incorporate a business in Singapore. Besides the standard requirements to set up a company in Singapore, a foreigner will need to fulfill additional requirements such as appointing a local or resident director in Singapore, and engaging the services of a registered filing agent to file the application on the behalf of the foreign applicant.

• Fionza Consultants can secure a nominee Singapore resident director and registered filing agent on behalf of our international clients and guide our clients through the entire incorporation process hassle-free.

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• Yes, an Employment Pass holder can incorporate a company in Singapore with full ownership of shares. However, the Employment Pass holder will have to appoint a local or resident director for the business.

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• This can be done through the BizFile+ online portal. After choosing a suitable and unique name for your business, a name search can be conducted through the BizFile+ online portal to check for its availability. You can then reserve your preferred business name.

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• To do so, you can search the business’ tax reference number or name in the online IRAS register of GST-registered companies.

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• The cost of reserving your business name in Singapore with the ACRA is S$15, while the registration fee for company registration with the ACRA in Singapore is S$300.

• In addition, Fionza Consultants will recommend setting aside at least US$5,000 as your paid-up capital to fund your overhead expenditures as well as initial deposit for corporate bank account opening.

• As for Fionza Consultants’ engagement fees, this depends on the exact services required from Fionza Consultants. Our fees are inclusive of government fees and all fees will be clearly stated in our engagement letter prior to the start of the engagement. Fionza Consultants believes in transparency with our valued clients and there are no hidden fees.

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• Company registration in Singapore usually only takes 1 business day after receiving required due diligence documents. Fionza Consultants can assist our clients to complete the whole incorporation process hassle-free.

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• Fionza Consultants can assists our international clients with setting up a company in Singapore hassle-free. Fionza Consultants will first understand your unique business needs and goals in order to recommend the optimal business structure for your company. Next, Fionza Consultants will proceed to assist you to reserve your preferred company name as well as preparing the relevant documents needed for incorporation and the KYC process.

• Fionza Consultants will then proceed to file for registration with the ACRA and courier the articles of incorporation, memorandum and business registration certificate to your preferred address, after which we will help you open a corporate account with a reputable bank so that you can begin conducing business transactions and activities. We will then assist your new corporate entity in staying compliant with accounting and tax regulations as well as other compliance measures.

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• To set up a trading company in Singapore, we advise that the key steps below be followed:

• Step 1: Register company in Singapore

• Fionza Consultants will first assist our clients to register company in Singapore with the ACRA. Before Fionza Consultants can incorporate your company in Singapore, you are required to provide us with the required KYC documents. Some of these documents include the names of directors and identification proof.

• Upon receiving all the necessary documents, Fionza Consultants will proceed to draft and notarize the company’s Memorandum and Articles of Association.

• According to the business activity and corporate structure, Fionza Consultants will also draft articles of incorporation, business plan and other incorporation documents needed to be submitted to the ACRA.

• Step 2: Set up Singapore Customs account

• Fionza Consultants will then assist our clients to register an account with the Singapore customs. The company will need a Unique Entity Number (UEN) for the Customs Account to be activated and ready for use. The UEN will also be needed when the business applies for other relevant licenses, permits or certificates.

• Step 3: Register for customs permit

• After your Singapore Customs account is authorized and operational, Fionza Consultants will assist you to apply for relevant Customs Permits for import and export activites through TradeNet.

• Step 4: Apply for Inter-Bank GIRO account

• After successfully opening a Singapore Customs account, Fionza Consultants will assist you to apply for an Inter-Bank GIRO account which is needed to carry out transactions and payments for fees such as GST and tax duties to the Singapore customs. The entire application process typically takes 3 or 4 weeks. After setting up the Inter-Bank GIRO account, you can begin conducting trading activities with your new business.

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