In 5 Simple Steps, Register Your Singapore Company: Ultimate Guideline

 Singapore is well known throughout the world as one of the most significant places to run a business. And doing so is shockingly quick and straightforward. Read our step-by-step instructions to learn how to register a Singapore corporation and start doing business there in a matter of days.

1. Select a Licensed Singapore Company Incorporation Service Provider.

First and foremost, the Singapore Government requires all foreigners who wish to register a company in Singapore to use an officially registered Singapore company registration service provider.

The chosen Singapore company registration service will also walk you through each step outlined here to ensure that the process is as quick and painless as possible.

Once you've decided on a company registration service, they should have an online Singapore company setup onboarding form for you to fill out.

2. Sign the documents for your Singapore company registration.

All you have to do now is prepare the following documents for ACRA to approve your Singapore company registration. Once again, your Singapore company registration service provider will guide you through this procedure.

• A Consent to Act form signed by all of the directors of your Singapore company
• A signed Consent to Act form from your Singapore company secretary
• You can tailor your own constitution or use the already-made template provided by the Singapore Government.
• Documents for all officers and shareholders of your Singapore company
• "Know Your Customer" anti-money laundering due diligence (done by your service provider)

You need to approve this with ACRA within the day if all of your documentation is in order for Singapore business registration.

3. Create an ACRA account for your Singapore company.

After this is finished, all that remains is to submit your Singapore company registration to ACRA. It should take a few hours to do this online.

4. Run Your Business Legally in Singapore

I'm done now! If all goes according to plan (which it usually does), you will be able to conduct business lawfully in Singapore. In addition, the entire Singapore business registration process may be completed in a single day if all the necessary information and paperwork are ready in advance.

Additional steps, such as banking and obtaining other supporting paperwork, will need to be taken. Still, your Singapore company incorporation service provider will assist you with all of that.

5. Create a bank account and incorporate a business

Register the company with Singapore's company registrar, Accounting and Corporate Regulatory Authority, after the incorporation documents are complete and signed (ACRA). The procedure to register a Singaporean corporation is done online, and it often takes under an hour.

ACRA will issue the following official documents:

• E-certificate of incorporation - This is a legitimate electronic document that attests to a company's registration in Singapore. The certificate displays the business name and incorporation date (see sample).
• The Unique Identification Number for the company (UEN). ACRA does not automatically issue a hard copy of the certificate of incorporation; the e-Certificate is sufficient for all purposes in Singapore.

As you can see, registering a Singapore corporation is a relatively quick and easy process. However, selecting the appropriate Singapore company registration service provider is crucial.

Even though each service provider is formally licensed with the Singaporean government, the services they offer are nevertheless of variable quality.

Choose a Singapore company service provider that goes above and beyond for you. You'll be amazed at how quickly you may start conducting business in one of the world's most thriving business hubs!