Singapore Company Formation - Business Setup
- Register your Company in Singapore in 1-5 days (upon validation of your identification documents).*
- Client confidentiality protection via secured systems.
- Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence.
- A dedicated manager is available throughout the year to administer your company.
5 simple steps are needed to incorporate your company in Singapore
Complete our application form - Singapore
Complete our order form and make the payment for your chosen services. You will then be assigned a client manager to assist you through the incorporation process.
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
Incorporate your company successfully
Once your documents have been processed your company will be successfully incorporated subject to local authority approval.
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
Singapore Offshore Company Formation
Good to Know
For the past decade, Singapore is the only Asian country with the top AAA sovereign rating from all major credit rating agencies, including S&P, Moody's, and Fitch. To register your company in Singapore, a local director is mandatory. SFM provides local nominee directors.
Main Characteristics of a Singapore Offshore Company
Company type
Private Limited Company (Pte Ltd)
Information published relating to company officers
The names of directors and shareholders appear in the Public Registry. One of the directors must be resident in Singapore.
Accounting requirement
Taxation
17% above SGD 300,000, 8.5% below
No taxation on the profits earned abroad or from financial securities however a company is liable to pay tax in Singapore on income that is:
Under Section 10(25) of the Income Tax Act, income from outside Singapore is considered received in Singapore when it is:
No taxation on the profits earned abroad or from financial securities however a company is liable to pay tax in Singapore on income that is:
- accrued in or derived from Singapore; or
- received in Singapore from outside of Singapore.
Under Section 10(25) of the Income Tax Act, income from outside Singapore is considered received in Singapore when it is:
- remitted to, transmitted or brought into Singapore;
- used to pay off any debt incurred in respect of a trade or business carried on in Singapore; or
- used to purchase any moveable property brought into Singapore (e.g. equipment or raw materials connected to your business).
Legislation
Singapore Companies Act 1963.
Standard Currency
Singapore dollar (SGD)
Stability
Singapore is a very stable jurisdiction and has an excellent reputation.
Communication
Very efficient communication means.
Time zone
Convenient world time zone: GMT+8
Secretary required
Yes
Paid up capital requirement
No paid up capital requirement (1 SGD)
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Under Common Law.
Minimum directors/shareholders
Minimum of 1 director/1 shareholder
One of the directors must be resident in Singapore.
One of the directors must be resident in Singapore.
Bearer shares
Bearer shares are not permitted.
Documents Required
for the Creation of a Singapore Offshore Company
A certified copy 
Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information.
of your passport, a certified copy of proof of domicile dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**
Singapore Offshore Company, ideal for:
Singapore Offshore Jurisdiction News
Singapore's New Company Act 2023: A Comprehensive Overview
13 July 2023
Singapore, known for its robust business environment and commitment to effective corporate governance, has recently implemented the Companies, Business Trusts, and Other Bodies (Miscellaneous Amendments) Act 2023, ushering in a new era for companies operating within its jurisdiction [..]
Top 4 Best Offshore Bank Account Jurisdictions
25 May 2021
When it comes to setting up a business there are lots of things you need to consider, including choosing the right banking jurisdiction[..]
* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
Our Client Reviews
Our Testimonials Are Verified By Feefo, A Third Party Company
Overall Rating
96%
Customer satisfaction rate, testimonials verified by Feefo.com
18-Jun-2025
Excellent Professionalism & Seamless Service – Highly Recommended!
Working with SFM Corporate Services has been an exceptional experience from start to finish. Their team combines deep expertise with a truly client-focused approach, making the complex process of international company formation and banking feel smooth, clear, and efficient.
From day one, I felt well-supported. Every query was addressed with clarity, and their transparency in timelines, documentation, and requirements gave me full confidence in each step. What stood out most was their professional integrity, multilingual communication, and personalized attention, even across time zones.
If you’re looking to set up a company, open a business account, or structure your operations globally — whether in Europe, the UAE, or beyond — SFM is the gold standard.
Thank you, SFM team, for your outstanding support! Special thanks to Alkesh for his continued support.
Excellent Professionalism & Seamless Service – Highly Recommended!
Working with SFM Corporate Services has been an exceptional experience from start to finish. Their team combines deep expertise with a truly client-focused approach, making the complex process of international company formation and banking feel smooth, clear, and efficient.
From day one, I felt well-supported. Every query was addressed with clarity, and their transparency in timelines, documentation, and requirements gave me full confidence in each step. What stood out most was their professional integrity, multilingual communication, and personalized attention, even across time zones.
If you’re looking to set up a company, open a business account, or structure your operations globally — whether in Europe, the UAE, or beyond — SFM is the gold standard.
Thank you, SFM team, for your outstanding support! Special thanks to Alkesh for his continued support.
14-Jun-2025
SFM is a team of professionals who can help you set up and run a business efficiently with relevant and responsive information. I highly recommend!
SFM is a team of professionals who can help you set up and run a business efficiently with relevant and responsive information. I highly recommend!
30-May-2025
Perfect service. Thank you. To open a company, it's very easy.
Perfect service. Thank you. To open a company, it's very easy.
22-May-2025
Great service. Personalised and uncomplicated service. Answers all your questions in good time. We were lucky enough to be assigned Mr Alkesh Luchmun for our case and he has been tireless in helping us.
Great service. Personalised and uncomplicated service. Answers all your questions in good time. We were lucky enough to be assigned Mr Alkesh Luchmun for our case and he has been tireless in helping us.
21-May-2025
Very professional and supportive
Very professional and supportive
20-May-2025
Outstanding team of professionals. Care and attention to details all along the process embedded with coaching and empowering aspects for a successful outcome. Brilliant
Outstanding team of professionals. Care and attention to details all along the process embedded with coaching and empowering aspects for a successful outcome. Brilliant
