Entrepreneurs always look for business-expanding opportunities, and as an Indian, there is a huge scope if one registers their company abroad. If one wants to grab particularly the Southeast Asia market, Singapore can be a smart option. Singapore company registration will expose you to a business-friendly environment, a strategic location, and numerous benefits for foreign investors.

Now, how will you register a company in Singapore from India? That’s why we have come up with an in-depth yet concise guide to help you better understand the process.

So, once you form a decision for the same, first you have to finalize a business structure according to your needs. A Private Limited Company is one of the most popular ones for outsiders to incorporate company in Singapore because you will get many flexibility and tax benefits along with it.

Sole proprietorships and limited liability partnerships are other options. So, these structures will shape your business’s future regarding legal objections and benefits.

Singapore company registration asks for these basic requirements:

At least one director: You need a director who is a resident of Singapore (citizen, permanent resident, or holder of an Employment Pass). Company Secretary: Within six months of incorporation, a company secretary must be appointed. Registered address in Singapore: You must have a physical address in Singapore as a registered office for your business. Minimum capital: The minimum paid-up capital is S$1.

Simply hire a nominee director or use a local registration service provider for the same if you don’t want to go there.

Select and register your company name with the Accounting and Corporate Regulatory Authority (ACRA). Choosing a unique name is mandatory in this case.

Once approved, just go and submit the necessary documents, including details of shareholders and directors, registered office address, and articles of incorporation.

This process can be completed online through ACRA’s BizFile+ platform. Typically, registration takes 1 to 3 days, if provided correct documents only.

After successful registration, there are a few post-incorporation steps as well:

Opening a corporate bank account in Singapore will require you to visit there. Remote account opening services are a better alternative if don’t want to visit. Register for Goods and Services Tax (GST) if your company can exceed S$1 million in annual revenue. An employment pass is required in case of relocation, and it takes around six weeks.

Singapore company registration will allow an Indian businessman to enter a market with minimal bureaucracy as we all know the Indian business culture and system. So, be it a new beginning or an existing company, registering a company in Singapore online will open your doors to countless growth opportunities. Plus, here you don’t need any local partnership as Singapore allows you to completely own your business even as an outsider. So, you have full control over your business along with all the benefits and this is one of the main reasons to go for it.

However, if there is a step where you are stuck in between, you can take help from E-StartUp India. They will guide and make sure that your documents and other criterias are aligned for a smoother process. Get in touch with E-StartupIndia call: 8881-069-069 today to begin.