Start a company and get an Aspire business account online

Once we've completed your business registration online, we help you open a business account with our partner, Aspire — Singapore's best digital payment service for entrepreneurs.

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Registered filing agent FA20170653

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Our accountants are certified by ISCA

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Employment Agency License No. 22S1231

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Registered filing agent FA20170653

WHY CLOUD BSS

A one-stop solution you can trust

Start secure trading quickly

On-the-ground experts

Unlike competitors, we have a fully-fledged tax team based in Singapore. Get answers through the app's live chat, via email or phone for easy access to advice and in-person consultations.

Start secure trading quickly

Get registered remotely

Start a company and open an Aspire business account from anywhere in the world. We assist you online and help you with local compliance.

Start secure trading quickly

Tax right from day one

We give you guidance on the best business structure, set up your accounting, and inform you on tax reliefs available to your business so that yo're set up to pay tax efficiently from the get-go.

Start secure trading quickly

Long-term visa support

We help you get an Employment Pass so that you can stay and work in Singapore long-term. We also assist with Dependant's Passes for your family to join you.

Got questions? Chat with our local experts

Choose a convenient time to chat with our accounting experts and get the answers you need to take the next step.

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What you get

Helping you succeed in Singapore

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Business account opening with Aspire

Aspire is a service partner of Cloud BSS that has revolutionised SME and startup finance. They offer a fee-free business account, corporate card, borderless payments, and leading FX services. The Aspire Advance Card ensures efficient corporate spend management and is connected shortly after business registration.

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Seamless integration to make your life easier

We've made the data exchange between Cloud BSS and Aspire as simple as possible. Download your transactions to prepare for reports — our software will recognise them and populate your accounting reports and dashboards in as fast as 30 minutes.

A Nominee Director's role for Singapore businesses

To fulfil the legal obligation of having a resident director, Singapore companies can choose to engage a Nominee Director. This individual will assume legal responsibilities without active involvement in the day-to-day operations of the business.

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PRICING

Plans to fit your business

Tailored Registration Packages to Suit Your Requirements. From Registration Only to Full Compliance Services.

Fully compliant

For business owners seeking a hassle-free, Singapore-based incorporation service

from

S$3,690

Incorporation

  • Registration preparation and filing, including S$315 government fee
  • Company constitution
  • All post-incorporation documents (share certificates, registers, minutes book)
  • RACRA name checking
  • ACRA business profile set-up
  • Assistance in connecting with our banking partners

Government required services

  • Nominee director for 1 year, no deposit required
  • Registered address for 1 year

Corporate secretary

  • Expert support via in-app chat
  • Preparation and filing of Annual Return, including S$60 government fee
  • Holding of Annual General Meeting (AGM)
  • Appointments and resignations of directors, officers, or auditors
  • Unlimited changes in company name, address, business activity
  • Shares management of up to 50 shareholders
  • CorpPass account registration

Accounting and tax

  • Filing and bookkeeping support via in-app chat
  • Support SLA 6 business hours
  • Management reports reviewed by accountant annually
  • Estimated Chargeable Income (ECI) filing
  • Unaudited Financial Statements preparation
  • Annual tax return filing (C-S/C)

Bookkeeping

  • Unlimited bookkeeping
  • Automatic reconciliations

Financial software

  • Create, send and chase invoices
  • Capture bills and receipts easily
  • Reimburse expenses
  • Connect your banks
  • Use multiple currencies
  • Get real-time ecommerce sales reports
  • Connect ecommerce marketplaces

Employment Pass included

Fully compliant + Visa

For those seeking to establish in Singapore with compliance and visa application

from

S$3,740

Incorporation

  • Registration preparation and filing, including S$315 government fee
  • Company constitution
  • All post-incorporation documents (share certificates, registers, minutes book)
  • RACRA name checking
  • ACRA business profile set-up
  • Assistance in connecting with our banking partners

Government required services

  • Nominee director for 1 year, no deposit required
  • Registered address for 1 year

Immigration services

  • Employment visa consultation
  • Employment Pass application

Corporate secretary

  • Expert support via in-app chat
  • Preparation and filing of Annual Return, including S$60 government fee
  • Holding of Annual General Meeting (AGM)
  • Appointments and resignations of directors, officers, or auditors
  • Unlimited changes in company name, address, business activity
  • Shares management of up to 50 shareholders
  • CorpPass account registration

Accounting and tax

  • Filing and bookkeeping support via in-app chat
  • Support SLA 6 business hours
  • Management reports reviewed by accountant annually
  • Estimated Chargeable Income (ECI) filing
  • Unaudited Financial Statements preparation
  • Annual tax return filing (C-S/C)

Bookkeeping

  • Unlimited bookkeeping
  • Automatic reconciliations

Financial software

  • Create, send and chase invoices
  • Capture bills and receipts easily
  • Reimburse expenses
  • Connect your banks
  • Use multiple currencies
  • Get real-time ecommerce sales reports
  • Connect ecommerce marketplaces

Add-ons you might need

Urgency filing

Where applicable, an urgency fee may be applied depending on your filing deadline.

S$ 750

Simplified XBRL filing

The Simplified XBRL template caters to smaller businesses and non-publicly traded companies in Singapore. It provides a simple report and a complete set of financial statements in PDF format.

S$ 300/y

Full XBRL filing

Cloud BSS will provide a Full XBRL report including primary statements and selected notes to the financial statements. This comprehensive report represents a company’s financial performance and position.

S$ 750

The process

5 steps to setting up in Singapore

1
Meet the official requirements
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2
Get your company registered
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3
Open Aspire business account
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4
Set up your accounting calendar
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5
Get an Employment Pass, move to Singapore
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Frequently Asked Questions on Company Registration

Where can I register my company?

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Where can I register my company?

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Where can I register my company?

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Where can I register my company?

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Where can I register my company?

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Where can I register my company?

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Explore over 600 resources for managing small business finances

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How to Deal with Inflation's Effects on Your Small Business

A year end package with everything you need to file comes standard with Cloud Inc. Upgrade your plan, and cross even more off your to-do list. With Premium, you get expert tax prep, filing, and year-round tax advisory support.

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How to Deal with Inflation's Effects on Your Small Business

A year end package with everything you need to file comes standard with Cloud Inc. Upgrade your plan, and cross even more off your to-do list. With Premium, you get expert tax prep, filing, and year-round tax advisory support.

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How to Deal with Inflation's Effects on Your Small Business

A year end package with everything you need to file comes standard with Cloud Inc. Upgrade your plan, and cross even more off your to-do list. With Premium, you get expert tax prep, filing, and year-round tax advisory support.

Get tips on how to run your business smarter

Learn crucial tips on how to save money and build a flourishing business, with real entrepreneurs sharing their own experiences.

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Copyright © 2023–2024 Cloud Bss. Pvt. Ltd., Singapore . All rights reserved. Cloud Bss. Pvt. Ltd. has obtained waiver towards the The Singapore Code on Take-overs and Mergers (Code) and is not subjected to the implications arising from the requirements of the Code. All the protections afforded by the Code do not apply to the shareholders of Cloud Bss, including the right to receive a minimum offer price from an offeror in a mandatory or voluntary offer. Here is further information.