How to Set Up a Company in Singapore: A Practical Guide for Foreign Businesses.
Setting up a company in Singapore involves more than registering a business. Entrepreneurs and
international businesses also need to consider corporate structure, statutory requirements, accounting, tax
and ongoing compliance.
1. Choose the Right StructureDetermine the appropriate business structure based on ownership, activities, liability and future growth plans.
2. Register Your CompanyCompany registration involves requirements such as the company name, directors, shareholders, share capital, constitution and financial year end.
3. Manage Ongoing ComplianceIncorporation is only the beginning. Companies need to maintain corporate records, file annual returns and keep statutory information up to date.
4. Establish Proper AccountingAccurate bookkeeping and financial records support financial reporting, tax compliance and other statutory requirements, including XBRL filing where applicable.
5. Plan for Tax & Other RequirementsBusinesses may also need to manage corporate tax, GST, payroll and other ongoing obligations depending on their activities and circumstances.How Coretrust Can HelpCoretrust
provides coordinated support across company incorporation, corporate administration, accounting, tax, payroll and compliance, helping businesses manage their requirements through one professional partner.
