Do you want to incorporate a company in Singapore? Look no further! Octa Accountants’ company incorporation service can seamlessly help you register a business in Singapore. Book a free meeting with an expert or get a quote right now!
Do you want to incorporate a company in Singapore? Look no further! Octa Accountants’ company incorporation service can seamlessly help you register a business in Singapore.
Need Company Incorporation Service?
Book A Free Meeting
You can just give us a call or book a free meeting from our calendar to initiate the process.
Discuss Your Needs
Discuss your requirements with our team and we will come up with a solution.
Meet Your Accountant
Your dedicated accountant handles everything while you work on making more business.
Choose Your Company Type
You have to decide on a company type before registering a company. These are the most common company formations.
Private Limited Company
A private limited company (PLC) does not offer its ownership to the public and minimises the liability of the owners.
Public Limited Company
To register a Public Limited Company, you need a share capital of 50,000 or more – along with 2 or more directors and a company secretary.
Sole Trader Company
As a sole trader, you are the one who owns and runs the company. The owner is accountable for the liabilities or debts.
CIC Registration
The goal of Community Interest Companies (CIC) is to work for the benefit of a community rather than for shareholders or members.
Private Unlimited Company
Private Unlimited companies get a high level of secrecy for their finances as they are not legally liable to submit annual accounts to Companies House.
LLP Company
In a Limited Liability Partnership, partners’ liabilities are limited – also, they share the debts and profits according to an LLP agreement.
Register Your Company With Octa Accountants Today!
Service Benefits
Before launching your business in Singapore, it is a legal requirement to register your company. Accounting & Corporate Regulatory Authority is the regulating authority which may approve or reject your request. Once your application is approved, you receive a certificate that ensures you are legally compliant to run a business.
Each business is different so the desired company type will be different as well. That’s why we prepare bespoke company registration plans, according to a client’s requirements.
Book a Meeting to discuss your needs and get a fully personalised plan!
Frequently Asked Questions
Here’s a list of frequently asked questions about company registration from our web visitors.
When should you register your company?
You do not need to register a business as a sole trader or general partnership. But if you decide to limit your liability by establishing a legal entity (a company), then it is essential to register your company with ACRA.
Why should you incorporate a company in Singapore?
There are many benefits of incorporating a company, such as:
- Tax advantages
- Limited liability protection
- Your company is an entity on its own
- Higher credibility
- Protected business name
- More business financing options
- Better shareholder options
Checklist for SG-based company formation?
You may want to know the required information before applying for registration with ACRA. So here's a quick checklist:
- Company Name (it must have Ltd. or Limited at the end if you are forming a private limited company)
- An office with a registered address
- UNE Code (It is your unique entity number)
- Details of Directors, Shareholders, and Company Secretary
- Proof of ID (photo ID and proof of address)
How much does company registration cost?
The total cost of company registration in Singapore may be around S$ 315. S$ 300 is the registration fee while S$ 15 is for company name reservation.
Why do you need a company incorporation service?
A company incorporation service helps people register a company seamlessly. You can apply for a company registration online at ACRA, but the process can be complex and overwhelming for most people. Once the company is registered, you must apply for corporation tax. Furthermore, you will have to issue share certificates, statutory company registers, annual accounts, tax returns, and more.
If you outsource company incorporation to a third party like Octa Accountants, you can save yourself from the tiring company registration process. And you can allow us to manage the post-registration tasks as well.
Meet Our Clients
Ready for next step?
Are you ready to take your business to new heights? Contact us today to register your company in Singapore.