Review Eligibility Requirements
Depending on the type of business to be registered, there are clear requirements on the individual or company’s eligibility to register the business in Singapore.
Sole-Proprietor, Partnership, Limited Liability Partnership (LLP) and Limited Partnership (LP)
Individuals and companies can register. ACRA may reject applications from certain applicants, such as undischarged bankrupts or those with serious criminal background. Consult a professional service provider if in doubt.
A local manager needs to be appointed if none of the owners is a Singapore Ordinarily Resident. A Singapore Ordinarily Resident is someone who has a local address and can live in Singapore for a long term.
A local manager must be above 18 years old and must be a Singapore Citizen, Permanent Resident, Employment Pass holder or Dependant Pass holder.
Individuals and companies can incorporate companies in Singapore. A company must has at least one director of the company who is above 18 and be a Singapore Citizen, Permanent Resident, Employment Pass holder or Dependant Pass holder.
A company must be at least one shareholder and one director, who can be the same individual.
Company directors cannot be bankrupts or individuals convicted of dishonesty. Consult a professional service provider for a full list of people who are disqualified from being directors.