Singapore flag Singapore: Operating a Business in Singapore

Starting a business in Singapore

Legal Forms of Companies

Private limited company
Number of partners: Minimum 1, maximum 50.
Capital (max/min): SGD 1
Shareholders and liability: Liability is limited to the amount of guarantees
Public limited company
Number of partners: Minimum 50 shareholder.
Capital (max/min): No minimum capital required.
Shareholders and liability: Liability is limited to the portion of the company’s share capital taken up.
Public limited company by guarantee
Number of partners: Minimum 3 shareholders.
Capital (max/min): Minimum SGD 1.
Shareholders and liability: Liability is limited to the amount contributed.
Limited Partnership
Number of partners: Minimum 2 partners with a maximum of 20. At least one general partner and one limited partner.
Capital (max/min): No minimum capital required.
Shareholders and liability: At least one person has an unlimited liability (active partner). Sleeping partners' liability is limited to the amount they contributed.
Sole Proprietorship
Number of partners: 1 person.
Capital (max/min): No minimum capital required.
Shareholders and liability: Liability is unlimited.
The Competent Organisation
The Accounting and Corporate Regulatory Authority of Singapore.
Company Directories
ACRA, Registered Entities on the Accounting and Corporate Regulatory Authority.
 
Setting Up a Company Singapore East Asia & Pacific
Procedures (number) 2.0 7.3
Time (days) 1.5 29.7

Source: Doing Business, 2016

 
Business Setup Procedures
Consult the Doing Business Website, to know about procedures to start a Business in Singapore.
Accounting and Corporate Regulatory Authority

Find out more about Operating a Business in Singapore on GlobalTrade.net, the Directory for International Trade Service Providers.

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Latest Update: June 2022

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