Company Incorporation Services in Singapore
Company incorporation in Singapore does not have to be a hassle. We handle the process for you in just a few steps online. Let is start by checking if your company name is available.
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Registered filing agent FA20170653
Our accountants are certified by ISCA
Employment Agency License No. 22S1231
Registered filing agent FA20170653
Company incorporation in Singapore : are you local?
Corporate Secretary
We can get your company up and running in 30 minutes
Incorporation for foreigners
Packages with Nominee Director and Employment Pass
Why choose Cloud Bss for your company incorporation?
Start secure trading quickly
Consolidate the incorporation process by using a professional who understands the legal obligations of your new company.
Supportive Experts
Talk to an expert anytime via chat or phone. They will give you insight on anything that is unclear throughout the registration process.
Setup business banking
With Cloud bss incorporation, your first year of business banking is included, so your business is entirely compliant and ready to trade.
Register from anywhere
Our software automates the incorporation process for you, so you won’t need to complete any of the paperwork yourself.
What are the types of business structures in Singapore
Let’s try and understand the types of business structures available in Singapore :
Proprietorship Firm
A proprietorship firm can be established and managed by a single person. Only one person runs the business, and it is ideal for small business owners with low investments. The entire control of the business will be with the sole proprietor, who can enjoy the profits, but he/she will also have to bear all the business losses.
What are the types of business structures in Singapore
STEP 1
Digital Signature Certificate (DSC)
As the registration process of the company is completely online, Digital signatures are required to file the forms on the MCA portal. DSC is mandatory for all the proposed directors and the subscribers of the Memorandum of Association (MoA) and Articles of Association (AoA).
DSC can be obtained from government recognised certifying authorities. The list of such certified authorities can be accessed here. DSC can also be obtained online in just two days from here. Class 3 category of DSC must be obtained by the directors and subscribers of MoA and AoA
STEP 2
Director Identification Number (DIN)
The Director Identification Number (DIN) is an identification number for a director and it has to be obtained by anyone who wants to be a director in a company. The DIN of all the proposed directors of the company along with the name and the address proof are to be provided in the company registration form. DIN can be obtained while filing the SPICe+ form, i.e. company registration form.
SPICe+ is a web-based company registration form, through which DIN can be obtained for a maximum of three directors. If there are more directors in the company and they do not have a DIN, the company can be incorporated with three directors and it has to appoint new directors later on after incorporation. The appointed directors can obtain DIN by filing the DIR-3 form since only the proposed directors of an existing company can apply for DIN in the SPICe+ form.
STEP 3
Registration on the MCA Portal
To apply for company registration, the SPICe+ form is to be filled out and submitted on the MCA portal. To fill out the SPICe+ form and submit documents, the director of the company has to register on the MCA portal. After registration, the director can log in and will obtain access to the MCA portal services which include filing e-forms and viewing public documents.
The company must also reserve its name by submitting two proposed names in the Part-A of the SPICe+ form. The reservation of the name is essential because if the company name is similar to the name of an existing/registered company, LLP, trademark or it contains words prohibited under the Companies (Incorporation Rules) 2014, the SPICe+ form will get rejected.
If the SPICe+ form gets rejected due to non-approval of the company name, the applicant has to re-file another SPICe+ form for the reservation of a new name by paying the prescribed fee. However, after the approval of the name filed in Part-A of the SPICe+ form, it will be reserved for a period of 20 days within which the company must fill Part-B of the SPICe+ form and submit the form online. The applicant must provide the details of the company and directors in the Part-B of the SPICe+ form, attach documents, attach DSC, check the form and submit it.
STEP 4
Certificate of Incorporation
Once, the registration application is filled and submitted along with the required documents, the Registrar of Companies will examine the application. Upon verification of the application, he will issue the Certificate of Incorporation of the Company.
The Certificate of Incorporation is issued with PAN and TAN as allotted by the Income Tax Department. An electronic mail with a Certificate of Incorporation as an attachment along with PAN and TAN will also be sent to the applicant.
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Frequently Asked Questions on Company Registration
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