Register a Business
This guide provides a structured approach to register a business in Singapore. Whether you are an individual or a corporation, local or foreigner, we will take you through the process to start a business in Singapore. Our guide simplifies the complicated procedures of setting up business in Singapore.
All businesses in Singapore must be registered with the Accounting & Corporate Regulatory Authority (ACRA). A foreign company that wants to set up a branch for its business in Singapore will need to appoint two local agents to act on its behalf. These agents must be Singapore citizens, permanent residents, or foreigners with employment or dependent passes. Our website provides free information on registering a branch of a foreign company.
Government approval is generally not required for foreigners to do business in Singapore and 100 percent foreign ownership is permitted. There are a few exceptions such as banks and other financial institutions, which require approval from the Monetary Authority of Singapore (MAS).
Businesses registered in Singapore are govern under the Companies Act (CA). Special licenses are needed for some businesses such as banking, insurance and stock broking.