Company formation in Singapore
Singapore company formation: entity type, statutory cost (1500 SGD), and elapsed time (2 days).
Country notes
The standard form is a private company limited by shares (Pte Ltd), incorporated via BizFile with the Accounting and Corporate Regulatory Authority (ACRA). At least one local director is required. Formation typically completes within one to two business days for around SGD 315 in government fees, plus corporate-secretary and registered-office costs.
Key data
| Statutory formation cost | 1,500 SGD |
|---|---|
| Average formation time | 2 days |
| Formation difficulty (1=easy, 5=hard) | 1 |
Cross-country context
| Formation time (days) | 2 |
|---|---|
| Lowest in the data set | 1 (Estonia) |
| Highest in the data set | 21 (Spain) |
| Rank within the data set | #4 of 13 |
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Methodology
Year-one cost estimate combining (1) the headline statutory formation cost from the country profile and (2) two illustrative low-end annual baselines: an accounting baseline and an admin / registered-office baseline, both denominated in the country's currency. Baselines assume a single-director entity with minimal transactions; actual quotes from local providers may be substantially higher depending on transaction volume, complexity, payroll, and audit thresholds.
These calculations are informational estimates based on headline rates and transparent assumptions — not tax, accounting, or legal advice. Verify with a qualified local advisor before relying on the results.
Related
Other countries in the region
Featured ranking
Country profile
Sources
- Inland Revenue Authority of Singapore — Inland Revenue Authority of Singapore (accessed )
- OECD — OECD — economic and tax statistics (accessed )
- PricewaterhouseCoopers — PwC Worldwide Tax Summaries (accessed )
- Stripe — Stripe — supported countries (accessed )
- Wise — Wise — service availability (accessed )
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