Start your Singapore Company with TBA

Registered ACRA filing agent
Singapore allows 100 % foreign ownership
Tax savings
A friendly business atmosphere
Paid-up Capital – Minimum S$1
Bank Account Opening Remotely
Extremely fast Incorporation process
Competitive Incorporation Fees
Provision of Local Resident Singapore Director

Incorporating and registering a company in Singapore has never been simpler. Thanks to its pro-business environment, Singapore is an ideal hub for launching a new company, establishing a subsidiary, or setting up a branch or representative office in the Asia-Pacific region.

We act as your trusted local partner in Singapore. Our experienced team of business experts supports you every step of the way, beginning with seamless online company incorporation.

Why incorporate in Singapore?

Short-time period for company registration
Open bank account remotely in Singapore
Tax Exemptions
Dedicated and full TBA support
Provision of local resident Nominee Director
Automated and streamlined process
Prestigious location for doing business with lots of financial centers

With its strategic location and dynamic economy, Singapore has emerged as a premier destination for businesses looking to establish a presence in the Asia-Pacific region. Supported by a stable political landscape, low corporate tax rates, and a pro-business government, Singapore stands out as one of the world’s leading business hubs.

At TBA, we streamline the process of company incorporation and business registration with Singapore ACRA. Our team of experienced professionals supports you at every stage of your business journey—from accounting and bookkeeping to corporate tax, PEO services, and payroll management—ensuring a seamless, stress-free experience. Leave the complexities of accounting and finance to us, so you can focus confidently on growing your business.

Setting up an Offshore Company in Singapore

Among the five business entity types available in Singapore, the Singapore Private Limited Company is the most commonly preferred structure.

This guide highlights the advantages of setting up a Singapore offshore company and provides a tailored incorporation checklist specifically designed for offshore entities.

Offshore companies in Singapore are Singapore-incorporated entities that are legally exempt from paying corporate tax in Singapore.

The Inland Revenue Authority of Singapore (IRAS) uses a territorial tax system, taxing companies based on where their profits are generated rather than where they are incorporated.

Foreign Ownership Policy
Allowance of Foreign Shareholders

Setting up an offshore company in Singapore is relatively straightforward due to the allowance of foreign shareholding. Some companies may be 100% foreign-owned, including by foreign corporate entities such as corporate trustees, which provides flexibility in ownership structures for offshore entities.

A company generally qualifies for tax exemptions in Singapore if it meets the following conditions:

• No business activities were carried out in Singapore during the financial year.
• The management and staff responsible for overseeing and executing contracts were not located in Singapore.
• Income and profits were neither earned in nor transferred to Singapore.

Benefits of Singapore Company

Some benefits of offshore company incorporation in this country are as follows:

• Business Friendly Environment
• Ease of Incorporation
• Simple and 100% digital
• No hidden fees
• Tax Exemptions
• Foreign Ownership Policy
• Company’s Credible Status
• Banking Facilities
• Strong Economic Fundamentals

When businesses comply with the rules and incorporate properly, they can take advantage of Singapore’s stable political and economic conditions, making it a strong choice for global expansion and asset protection.

Banking Facilities

Opening a business bank account is an important step in setting up an offshore company in Singapore. Known for its strong banking and fintech sector, Singapore offers a wide range of banking options.

Some banks also allow you to open a Singapore business account remotely from anywhere in the world, making the incorporation process easier and more accessible for international clients.

TBA will be pleased to assist you opening a local bank account in Singapore, remotely, with one of its major banks.

Steps to Open an Offshore Company in Singapore

Please keep the following requirements in mind when setting up an entity:

• Once all required documents have been collected, you may begin the registration process for the offshore company in Singapore.
• Make sure you have a ‘Consent to Act’ form signed by both the directors and the company secretary before proceeding.
• Our local registered filing agent will submit the necessary paperwork to ACRA on your behalf.
• The incorporation process is carried out online and is usually completed within a few days.

After completion, you will receive the company profile and relevant incorporation documents.

Incorporation Requirements

Below are some of the key requirements you must follow during the incorporation of your offshore company in Singapore:

• The proposed company name must be approved by ACRA before incorporation.
• You must appoint a qualified local resident company secretary.
• At least one director must be a Singapore resident, such as a citizen, Permanent Resident (PR), or an EntrePass or Employment Pass holder.
• A sole director or shareholder cannot also serve as the company secretary.
• A minimum paid-up capital of S$1 is required, and no authorised capital is needed.
• The company must have a local registered address, either commercial or residential; PO Boxes are not allowed.
• You can manage your Singapore offshore company from overseas without relocating.

TBA Registration Services supports businesses of all types and offers solutions for business setup and incorporation needs.

Call or email us for:

Packages and Prices
Incorporation Requirements
And any question or matter you may need to clarify before you take your decision
Request our Singapore Report
Our Team is ready to Guide and Assist you

Register your Offshore Company in
Singapore today!